Bank of Montreal Can Has $24.67 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Bank of Montreal Can trimmed its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 14.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 235,601 shares of the company's stock after selling 41,231 shares during the quarter. Bank of Montreal Can owned approximately 0.10% of Church & Dwight worth $24,670,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. YANKCOM Partnership acquired a new position in Church & Dwight in the 4th quarter worth about $25,000. Versant Capital Management Inc boosted its stake in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock valued at $28,000 after buying an additional 184 shares during the period. Strategic Financial Concepts LLC acquired a new stake in shares of Church & Dwight in the 4th quarter valued at $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 purchased a new stake in shares of Church & Dwight during the 4th quarter worth approximately $51,000. 86.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CHD has been the topic of a number of research reports. Wells Fargo & Company raised their price target on Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 2nd. Piper Sandler dropped their target price on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Truist Financial increased their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $105.00 price objective on shares of Church & Dwight in a report on Monday, February 3rd. Finally, JPMorgan Chase & Co. lowered their price target on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a research report on Friday, April 11th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $112.75.

Church & Dwight Stock Up 2.5 %

CHD stock traded up $2.53 during trading on Thursday, reaching $105.49. The stock had a trading volume of 372,971 shares, compared to its average volume of 1,505,992. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The firm has a fifty day moving average price of $107.20 and a 200 day moving average price of $106.07. The company has a market capitalization of $25.96 billion, a P/E ratio of 44.51, a PEG ratio of 3.32 and a beta of 0.55. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly 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 return on equity of 20.03% and a net margin of 9.58%. During the same period in the previous year, the business earned $0.65 EPS. On average, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share 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 $0.295 dividend. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's payout ratio is currently 49.79%.

Insider Activity

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction that occurred on 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 owns 10,497 shares of the company's stock, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 value of $1,216,378.80. Following the transaction, the executive vice president now owns 6,437 shares of the company's stock, valued at $707,941.26. This trade represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 65,570 shares of company stock worth $7,538,449. 1.20% of the stock is currently owned by insiders.

Church & Dwight Company 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.