California Public Employees Retirement System Has $116.03 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

California Public Employees Retirement System lowered its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 1.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,108,073 shares of the company's stock after selling 10,854 shares during the period. California Public Employees Retirement System owned 0.45% of Church & Dwight worth $116,026,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Board of the Pension Protection Fund acquired a new position in Church & Dwight in the 4th quarter valued at about $639,000. Oddo BHF Asset Management Sas bought a new stake in shares of Church & Dwight during the third quarter worth approximately $5,934,000. American Century Companies Inc. boosted its holdings in shares of Church & Dwight by 0.5% during the fourth quarter. American Century Companies Inc. now owns 1,426,177 shares of the company's stock worth $149,335,000 after acquiring an additional 6,425 shares during the period. Financial Enhancement Group LLC grew its position in shares of Church & Dwight by 456.2% in the fourth quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company's stock valued at $6,232,000 after purchasing an additional 49,693 shares during the last quarter. Finally, Merit Financial Group LLC increased its stake in shares of Church & Dwight by 131.0% during the fourth quarter. Merit Financial Group LLC now owns 5,769 shares of the company's stock worth $604,000 after purchasing an additional 3,272 shares during the period. Institutional investors own 86.60% of the company's stock.

Insider Buying and Selling

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

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Analysts Set New Price Targets

A number of research analysts have commented on CHD shares. Piper Sandler decreased their price objective on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. Truist Financial upped their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $107.00 to $106.00 and set an "underweight" rating for the company in a research note on Friday, February 21st. Stifel Nicolaus increased their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. Finally, Wells Fargo & Company lifted their price target on shares of Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Wednesday. Two 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's stock. According to data from MarketBeat.com, Church & Dwight presently has a consensus rating of "Hold" and a consensus target price of $112.13.

Church & Dwight Price Performance

Church & Dwight stock traded down $1.18 during midday trading on Wednesday, reaching $108.29. The company's stock had a trading volume of 2,056,191 shares, compared to its average volume of 1,471,143. The stock has a market cap of $26.65 billion, a PE ratio of 45.69, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 52 week low of $96.35 and a 52 week high of $116.46. The business has a 50-day moving average price of $107.81 and a 200-day moving average price of $106.05.

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, 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 previous year, the business posted $0.65 earnings per share. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a dividend of $0.295 per share. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.09%. Church & Dwight's dividend payout ratio (DPR) is 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.