Elo Mutual Pension Insurance Co Buys 3,167 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Elo Mutual Pension Insurance Co boosted its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 14.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,887 shares of the company's stock after purchasing an additional 3,167 shares during the period. Elo Mutual Pension Insurance Co's holdings in Church & Dwight were worth $2,606,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CHD. Lake Street Advisors Group LLC boosted its holdings in Church & Dwight by 3.7% in the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company's stock valued at $282,000 after acquiring an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in Church & Dwight by 0.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock worth $2,199,000 after acquiring an additional 103 shares during the period. Whittier Trust Co. boosted its position in shares of Church & Dwight by 3.2% during the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company's stock valued at $345,000 after purchasing an additional 103 shares in the last quarter. HCR Wealth Advisors boosted its position in shares of Church & Dwight by 0.9% during the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock valued at $1,231,000 after purchasing an additional 106 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its holdings in Church & Dwight by 3.3% in the third quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company's stock worth $353,000 after purchasing an additional 107 shares in the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the company's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares of the company's stock, valued at approximately $1,217,442.06. This represents a 83.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Rene Hemsey sold 11,060 shares of the firm's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the transaction, the executive vice president now directly owns 6,437 shares of the company's stock, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 65,570 shares of company stock worth $7,538,449. 2.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on CHD shares. Piper Sandler dropped their target price on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Royal Bank of Canada reissued a "sector perform" rating and set a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Wells Fargo & Company boosted their price objective on Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a report on Wednesday. Truist Financial raised their target price on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Finally, JPMorgan Chase & Co. decreased their price target on Church & Dwight from $107.00 to $106.00 and set an "underweight" rating for the company in a report on Friday, February 21st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $112.13.

Church & Dwight Stock Performance

NYSE:CHD traded down $1.54 during trading hours on Wednesday, reaching $107.93. The stock had a trading volume of 834,904 shares, compared to its average volume of 1,466,449. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $116.46. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The stock has a 50 day simple moving average of $107.78 and a 200 day simple moving average of $106.04. The stock has a market cap of $26.56 billion, a P/E ratio of 45.48, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter in the prior year, the firm earned $0.65 EPS. On average, research analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a $0.295 dividend. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's dividend payout ratio (DPR) is presently 49.79%.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.