Natixis Advisors LLC Grows Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Natixis Advisors LLC boosted its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 168,145 shares of the company's stock after acquiring an additional 3,816 shares during the period. Natixis Advisors LLC owned 0.07% of Church & Dwight worth $17,606,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of CHD. CIBC Asset Management Inc lifted its holdings in Church & Dwight by 8.3% during the 3rd quarter. CIBC Asset Management Inc now owns 35,828 shares of the company's stock worth $3,752,000 after purchasing an additional 2,739 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Church & Dwight by 2.8% during the third quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock worth $382,000 after buying an additional 99 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Church & Dwight by 5.7% during the third quarter. Thrivent Financial for Lutherans now owns 30,266 shares of the company's stock worth $3,170,000 after buying an additional 1,638 shares in the last quarter. Swiss National Bank boosted its position in shares of Church & Dwight by 0.5% in the third quarter. Swiss National Bank now owns 725,800 shares of the company's stock valued at $76,006,000 after acquiring an additional 3,600 shares during the period. Finally, Quest Partners LLC acquired a new position in shares of Church & Dwight in the third quarter valued at about $253,000. Institutional investors and hedge funds own 86.60% of the company's stock.

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Church & Dwight Trading Down 1.0 %

Church & Dwight stock traded down $1.03 during trading hours on Friday, hitting $107.04. The stock had a trading volume of 2,520,943 shares, compared to its average volume of 1,389,745. Church & Dwight Co., Inc. has a one year low of $96.35 and a one year high of $116.46. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The stock has a market cap of $26.33 billion, a price-to-earnings ratio of 45.16, a P/E/G ratio of 3.32 and a beta of 0.57. The business's 50 day simple moving average is $107.42 and its 200-day simple moving average is $105.88.

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, meeting analysts' consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same period last year, the firm posted $0.65 EPS. On average, equities analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a $0.295 dividend. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. 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. Church & Dwight's dividend payout ratio is currently 49.79%.

Insider Activity

In other news, EVP Rene Hemsey sold 11,060 shares of the company's stock in a transaction on 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 in the company, valued at $707,941.26. This represents a 63.21 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the firm'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 transaction, the executive vice president now directly owns 10,497 shares in the company, valued at $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 65,570 shares of company stock worth $7,538,449. Company insiders own 2.00% of the company's stock.

Analyst Ratings Changes

A number of analysts have issued reports on CHD shares. Barclays boosted their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the company an "underweight" rating in a report on Tuesday, February 4th. Truist Financial increased 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. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $105.00 price objective on shares of Church & Dwight in a report on Monday, February 3rd. Stifel Nicolaus upped their target price on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. decreased their price target on Church & Dwight from $107.00 to $106.00 and set an "underweight" rating on the stock in a research report on Friday, February 21st. 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. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $111.56.

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.