Financiere des Professionnels Fonds d investissement inc. Acquires 2,571 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Financiere des Professionnels Fonds d investissement inc. grew its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,455 shares of the company's stock after acquiring an additional 2,571 shares during the period. Financiere des Professionnels Fonds d investissement inc.'s holdings in Church & Dwight were worth $11,461,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Empowered Funds LLC raised its stake in shares of Church & Dwight by 2.8% during the third quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock valued at $382,000 after acquiring an additional 99 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in Church & Dwight by 0.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock worth $3,358,000 after purchasing an additional 104 shares during the last quarter. HCR Wealth Advisors raised its position in Church & Dwight by 0.9% during the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock worth $1,231,000 after purchasing an additional 106 shares during the last quarter. Kingsview Wealth Management LLC raised its position in Church & Dwight by 3.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company's stock worth $353,000 after purchasing an additional 107 shares during the last quarter. Finally, Citizens Financial Group Inc. RI raised its position in Church & Dwight by 2.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company's stock worth $577,000 after purchasing an additional 113 shares during the last quarter. Institutional investors own 86.60% of the company's stock.

Insider Buying and Selling at Church & Dwight

In other news, EVP Michael Read bought 1,100 shares of the business's stock in a transaction on Monday, December 16th. The stock was acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Rick Spann sold 39,520 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $112.00, for a total value of $4,426,240.00. Following the sale, the executive vice president now owns 4,973 shares of the company's stock, valued at $556,976. This represents a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 57,302 shares of company stock valued at $6,362,338 in the last 90 days. Corporate insiders own 2.00% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Truist Financial upped 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. Barclays boosted their price target on Church & Dwight from $90.00 to $93.00 and gave the company an "underweight" rating in a research note on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft increased their price objective on Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. Stifel Nicolaus increased their price target on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research report on Monday, February 3rd. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $105.00 target price on shares of Church & Dwight in a report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $111.53.

Church & Dwight Stock Performance

CHD stock remained flat at $104.36 during midday trading on Thursday. 1,727,073 shares of the company's stock were exchanged, compared to its average volume of 1,561,605. The firm has a 50 day moving average price of $105.38 and a 200-day moving average price of $104.66. 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 Co., Inc. has a 1-year low of $96.35 and a 1-year high of $113.50. The stock has a market capitalization of $25.67 billion, a price-to-earnings ratio of 44.03, a PEG ratio of 3.30 and a beta of 0.59.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter last year, the business posted $0.65 EPS. As a group, analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's dividend payout ratio (DPR) is 49.79%.

Church & Dwight 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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.