Elo Mutual Pension Insurance Co Has $2.61 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

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

Other large investors have also made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Church & Dwight by 9.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 442,126 shares of the company's stock valued at $46,264,000 after purchasing an additional 37,355 shares during the last quarter. Korea Investment CORP increased its position in Church & Dwight by 67.6% during the 4th quarter. Korea Investment CORP now owns 189,642 shares of the company's stock worth $19,857,000 after buying an additional 76,520 shares during the period. Borer Denton & Associates Inc. increased its position in Church & Dwight by 2.9% during the fourth quarter. Borer Denton & Associates Inc. now owns 47,721 shares of the company's stock worth $4,997,000 after acquiring an additional 1,343 shares during the period. Meiji Yasuda Asset Management Co Ltd. boosted its stake in shares of Church & Dwight by 1.0% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 39,463 shares of the company's stock valued at $4,132,000 after buying an additional 409 shares during the period. Finally, EntryPoint Capital LLC bought a new position in shares of Church & Dwight in the fourth quarter worth $437,000. Institutional investors own 86.60% of the company's stock.

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Insider Buying and Selling at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the completion of the sale, the executive vice president now owns 10,497 shares of the company's stock, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of the firm's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total value of $1,216,378.80. Following the transaction, the executive vice president now owns 6,437 shares in the company, valued at $707,941.26. This trade represents a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 65,570 shares of company stock valued at $7,538,449. Company insiders own 2.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CHD. JPMorgan Chase & Co. reduced their price target on shares of Church & Dwight from $107.00 to $106.00 and set an "underweight" rating on the stock in a research note on Friday, February 21st. Truist Financial boosted their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Piper Sandler reduced their price objective on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a research note on Monday, February 3rd. Stifel Nicolaus upped their price target on Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a report on Monday, February 3rd. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $111.81.

Church & Dwight Stock Up 0.8 %

Shares of Church & Dwight stock traded up $0.90 during trading on Monday, hitting $110.01. 3,010,297 shares of the stock were exchanged, compared to its average volume of 1,468,782. The firm's 50-day moving average price is $107.65 and its 200 day moving average price is $105.95. The stock has a market cap of $27.08 billion, a price-to-earnings ratio of 46.42, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57. 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 current ratio of 1.70 and a quick ratio of 1.24.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting analysts' consensus estimates 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 company posted $0.65 earnings per share. As a group, analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a dividend of $0.295 per share. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's dividend payout ratio is presently 49.79%.

About Church & Dwight

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.