Natixis Purchases 62,578 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Natixis raised its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 380.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,029 shares of the company's stock after acquiring an additional 62,578 shares during the period. Natixis' holdings in Church & Dwight were worth $8,275,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in CHD. Barclays PLC grew its stake in shares of Church & Dwight by 63.9% during the third quarter. Barclays PLC now owns 1,106,131 shares of the company's stock worth $115,832,000 after acquiring an additional 431,257 shares during the last quarter. World Investment Advisors LLC purchased a new stake in Church & Dwight during the 3rd quarter worth approximately $58,338,000. Wilmington Savings Fund Society FSB increased its stake in Church & Dwight by 25.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 76,404 shares of the company's stock valued at $8,001,000 after purchasing an additional 15,598 shares in the last quarter. Tidal Investments LLC raised its holdings in shares of Church & Dwight by 5.2% in the third quarter. Tidal Investments LLC now owns 18,000 shares of the company's stock worth $1,885,000 after buying an additional 896 shares during the last quarter. Finally, Synovus Financial Corp lifted its stake in shares of Church & Dwight by 6.7% during the third quarter. Synovus Financial Corp now owns 19,556 shares of the company's stock worth $2,048,000 after buying an additional 1,221 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CHD. UBS Group raised their target price on Church & Dwight from $109.00 to $110.00 and gave the stock a "neutral" rating in a research note on Thursday. Royal Bank of Canada restated a "sector perform" rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. JPMorgan Chase & Co. dropped their target price on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a research report on Friday, April 11th. Truist Financial raised their price target on shares of 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 upped their price objective 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. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $112.59.

Church & Dwight Trading Up 2.3 %

Shares of NYSE:CHD opened at $105.32 on Monday. The business's 50 day moving average price is $107.23 and its 200-day moving average price is $106.13. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $116.46. The firm has a market capitalization of $25.92 billion, a price-to-earnings ratio of 44.44, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. 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 posted its quarterly earnings data 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 quarter in the prior year, the business earned $0.65 EPS. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a dividend of $0.295 per share. 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 49.79%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Rene Hemsey sold 11,060 shares of the firm'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 transaction, the executive vice president now directly owns 6,437 shares of the company's stock, valued at approximately $707,941.26. This trade represents a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 sale, the executive vice president now directly owns 10,497 shares of the company's stock, valued at approximately $1,217,442.06. This represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock valued at $7,538,449 over the last quarter. 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.

Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.