Generali Asset Management SPA SGR Acquires Shares of 44,546 Church & Dwight Co., Inc. (NYSE:CHD)

Generali Asset Management SPA SGR purchased a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 44,546 shares of the company's stock, valued at approximately $4,664,000.

Other large investors have also made changes to their positions in the company. YANKCOM Partnership bought a new position in Church & Dwight during the fourth quarter worth about $25,000. Versant Capital Management Inc raised its position in shares of Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after purchasing an additional 184 shares during the period. Bank of Jackson Hole Trust bought a new position in shares of Church & Dwight during the 4th quarter valued at about $43,000. Golden State Wealth Management LLC acquired a new position in shares of Church & Dwight in the 4th quarter valued at approximately $51,000. Finally, Endeavor Private Wealth Inc. bought a new stake in Church & Dwight during the 4th quarter worth approximately $84,000. Institutional investors own 86.60% of the company's stock.

Insider Activity at Church & Dwight

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

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Wall Street Analyst Weigh In

Several research analysts have recently weighed in on CHD shares. Stifel Nicolaus upped their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a report on Monday, February 3rd. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Truist Financial lifted their price target on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Monday, February 3rd. Piper Sandler reduced their price objective on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. Finally, Barclays lifted their target price on Church & Dwight from $90.00 to $93.00 and gave the company an "underweight" rating in a research report on Tuesday, February 4th. Two equities research 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. According to data from MarketBeat.com, Church & Dwight currently has a consensus rating of "Hold" and an average price target of $111.56.

Church & Dwight Stock Down 1.0 %

CHD traded down $1.03 during trading on Friday, reaching $107.04. 2,520,943 shares of the stock were exchanged, compared to its average volume of 1,392,263. The stock has a market cap of $26.33 billion, a P/E ratio of 45.16, 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. The stock's 50 day moving average price is $107.42 and its two-hundred day moving average price is $105.88. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting 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 prior year, the company posted $0.65 earnings per share. Equities analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's dividend payout ratio (DPR) is currently 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.