American Century Companies Inc. Purchases 6,425 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

American Century Companies Inc. increased its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 0.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,426,177 shares of the company's stock after purchasing an additional 6,425 shares during the quarter. American Century Companies Inc. owned 0.58% of Church & Dwight worth $149,335,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp raised its position in shares of Church & Dwight by 8.0% in the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company's stock valued at $1,373,542,000 after purchasing an additional 969,006 shares in the last quarter. Stifel Financial Corp increased its holdings in Church & Dwight by 0.5% in the third quarter. Stifel Financial Corp now owns 4,295,527 shares of the company's stock valued at $449,830,000 after buying an additional 21,607 shares during the last quarter. Amundi raised its stake in Church & Dwight by 13.7% during the fourth quarter. Amundi now owns 1,833,603 shares of the company's stock valued at $188,073,000 after buying an additional 220,829 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Church & Dwight by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,448,584 shares of the company's stock worth $151,681,000 after buying an additional 49,082 shares during the last quarter. Finally, Barclays PLC increased its holdings in shares of Church & Dwight by 63.9% in the 3rd quarter. Barclays PLC now owns 1,106,131 shares of the company's stock valued at $115,832,000 after acquiring an additional 431,257 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the firm's stock in a transaction that occurred 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 of the company's stock, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction 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 completion of the sale, the executive vice president now directly owns 6,437 shares of the company's stock, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 65,570 shares of company stock worth $7,538,449. 2.00% of the stock is owned by company insiders.

Church & Dwight Price Performance

Shares of CHD traded up $2.19 during trading hours on Thursday, hitting $108.50. 1,051,487 shares of the company were exchanged, compared to its average volume of 1,389,952. The firm has a fifty day simple moving average of $107.55 and a 200-day simple moving average of $105.89. The company has a market capitalization of $26.69 billion, a PE ratio of 45.78, a PEG ratio of 3.32 and a beta of 0.57. Church & Dwight Co., Inc. has a one year low of $96.35 and a one year 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 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 period in the previous year, the business earned $0.65 earnings per share. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.09%. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's dividend payout ratio is 49.79%.

Analysts Set New Price Targets

Several research firms recently weighed in on CHD. Royal Bank of Canada reiterated a "sector perform" rating and set a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. JPMorgan Chase & Co. cut their price target on Church & Dwight from $107.00 to $106.00 and set an "underweight" rating on the stock in a report on Friday, February 21st. Barclays raised their target price on Church & Dwight from $93.00 to $97.00 and gave the company an "underweight" rating in a research report on Thursday. Truist Financial boosted their price target on Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Finally, Stifel Nicolaus lifted their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research note on Monday, February 3rd. Two 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. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $111.81.

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.