Oak Thistle LLC Buys Shares of 7,707 Church & Dwight Co., Inc. (NYSE:CHD)

Oak Thistle LLC bought a new position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 7,707 shares of the company's stock, valued at approximately $807,000.

Other hedge funds also recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new stake in Church & Dwight in the 3rd quarter worth $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight in the third quarter worth about $28,000. Versant Capital Management Inc increased its holdings in Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock valued at $28,000 after purchasing an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Church & Dwight during the 2nd quarter valued at approximately $33,000. Finally, Kimelman & Baird LLC purchased a new stake in Church & Dwight in the 2nd quarter worth approximately $46,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CHD has been the subject of a number of recent analyst reports. Barclays decreased their target price on Church & Dwight from $86.00 to $85.00 and set an "underweight" rating for the company in a report on Tuesday, November 5th. Piper Sandler upped their price objective on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an "overweight" rating in a report on Monday, January 6th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a research note on Monday, November 4th. TD Cowen increased their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. Finally, Wells Fargo & Company lifted their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" rating in a research report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $110.44.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the business's stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the transaction, the director now owns 7,129 shares of the company's stock, valued at approximately $740,275.36. The trade was a 61.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of the firm's stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the sale, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,613,438.57. The trade was a 59.53 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 593,035 shares of company stock worth $62,282,808. Insiders own 1.40% of the company's stock.

Church & Dwight Stock Up 2.6 %

Shares of CHD traded up $2.73 during trading hours on Thursday, hitting $106.17. The company had a trading volume of 1,626,173 shares, compared to its average volume of 1,540,011. Church & Dwight Co., Inc. has a 52-week low of $96.09 and a 52-week high of $113.50. The firm has a fifty day moving average price of $106.82 and a 200-day moving average price of $104.03. The stock has a market capitalization of $26.01 billion, a price-to-earnings ratio of 47.61, a P/E/G ratio of 3.12 and a beta of 0.58. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same period in the previous year, the company earned $0.74 earnings per share. The business's revenue for the quarter was up 3.8% compared to the same quarter last year. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given a $0.2838 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.07%. Church & Dwight's dividend payout ratio (DPR) is presently 50.67%.

About Church & Dwight

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.