Church & Dwight Co., Inc. (NYSE:CHD) Position Boosted by RWA Wealth Partners LLC

RWA Wealth Partners LLC boosted its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 84.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,026 shares of the company's stock after buying an additional 2,306 shares during the period. RWA Wealth Partners LLC's holdings in Church & Dwight were worth $526,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of CHD. YANKCOM Partnership acquired a new position in Church & Dwight during the fourth quarter worth $25,000. Versant Capital Management Inc boosted its position in shares of Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after purchasing an additional 184 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of Church & Dwight during the 4th quarter worth $39,000. Bank of Jackson Hole Trust purchased a new position in shares of Church & Dwight in the 4th quarter valued at about $43,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Church & Dwight in the fourth quarter valued at about $51,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Buying and Selling at Church & Dwight

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was 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 directly owns 10,497 shares in the company, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred 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 sale, the executive vice president now owns 6,437 shares in the company, valued at $707,941.26. This represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,570 shares of company stock valued at $7,538,449 over the last ninety days. Corporate insiders own 2.00% of the company's stock.

Church & Dwight Trading Down 4.3 %

NYSE CHD traded down $4.78 during trading hours on Friday, hitting $105.98. 3,154,322 shares of the company's stock were exchanged, compared to its average volume of 1,482,709. The business's 50 day moving average is $107.89 and its 200-day moving average is $106.13. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $116.46. The firm has a market capitalization of $26.08 billion, a P/E ratio of 44.72, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55.

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

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.11%. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's payout ratio is 49.79%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on CHD. Piper Sandler lowered 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. Wells Fargo & Company raised their price objective on Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research note on Wednesday. Truist Financial boosted their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Stifel Nicolaus raised 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 reaffirmed a "sector perform" rating and set a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $112.13.

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 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.