Envestnet Portfolio Solutions Inc. Has $2.15 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Envestnet Portfolio Solutions Inc. cut its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 16.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,484 shares of the company's stock after selling 4,152 shares during the period. Envestnet Portfolio Solutions Inc.'s holdings in Church & Dwight were worth $2,145,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. State Street Corp increased its stake in Church & Dwight by 8.0% during the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company's stock worth $1,373,542,000 after purchasing an additional 969,006 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Church & Dwight by 5.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company's stock valued at $839,472,000 after buying an additional 429,863 shares during the period. Stifel Financial Corp increased its position in shares of Church & Dwight by 0.5% during the third quarter. Stifel Financial Corp now owns 4,295,527 shares of the company's stock worth $449,830,000 after acquiring an additional 21,607 shares in the last quarter. Amundi raised its holdings in shares of Church & Dwight by 13.7% during the fourth quarter. Amundi now owns 1,833,603 shares of the company's stock worth $188,073,000 after acquiring an additional 220,829 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in Church & Dwight by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,448,584 shares of the company's stock valued at $151,681,000 after acquiring an additional 49,082 shares in the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

A number of analysts have recently commented on the company. Royal Bank of Canada restated a "sector perform" rating and issued a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. Barclays upped their price target on Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a research report on Tuesday, February 4th. Piper Sandler lowered their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. JPMorgan Chase & Co. reduced their target price on shares of Church & Dwight from $107.00 to $106.00 and set an "underweight" rating for the company in a report on Friday, February 21st. Finally, Truist Financial lifted 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. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $111.56.

Insider Activity at Church & Dwight

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was 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 directly 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 filing with the SEC, which is accessible through this link. 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 approximately $707,941.26. This trade represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock worth $7,538,449 in the last ninety days. 2.00% of the stock is owned by company insiders.

Church & Dwight Stock Performance

CHD traded down $2.24 during trading hours on Tuesday, reaching $104.66. The company's stock had a trading volume of 1,083,981 shares, compared to its average volume of 1,391,955. The company's 50-day moving average is $107.50 and its 200-day moving average is $105.89. Church & Dwight Co., Inc. has a 52 week low of $96.35 and a 52 week high of $116.46. The firm has a market cap of $25.74 billion, a PE ratio of 44.16, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57. 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 (NYSE:CHD - Get Free Report) last announced its earnings results on Friday, January 31st. The company reported $0.77 EPS 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 in the prior year, the business posted $0.65 earnings per share. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently declared 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 a boost from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.13%. The ex-dividend date was Friday, February 14th. Church & Dwight's dividend payout ratio (DPR) 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.