Private Advisor Group LLC Buys 9,308 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Private Advisor Group LLC raised its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 66.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,287 shares of the company's stock after buying an additional 9,308 shares during the period. Private Advisor Group LLC's holdings in Church & Dwight were worth $2,438,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Empowered Funds LLC grew its stake in Church & Dwight by 2.8% during the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock valued at $382,000 after purchasing an additional 99 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of Church & Dwight by 0.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock valued at $3,358,000 after buying an additional 104 shares during the last quarter. HCR Wealth Advisors grew its position in shares of Church & Dwight by 0.9% during the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock worth $1,231,000 after buying an additional 106 shares in the last quarter. Kingsview Wealth Management LLC increased its stake in shares of Church & Dwight by 3.3% in the third quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company's stock worth $353,000 after buying an additional 107 shares during the last quarter. Finally, Atria Wealth Solutions Inc. raised its holdings in Church & Dwight by 0.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company's stock valued at $1,270,000 after acquiring an additional 110 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

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Insider Buying and Selling

In other Church & Dwight news, EVP Rick Spann sold 39,520 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total value of $4,426,240.00. Following the completion of the sale, the executive vice president now owns 4,973 shares in the company, valued at $556,976. This represents a 88.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Michael Read purchased 1,100 shares of the stock in a transaction dated Monday, December 16th. The shares were bought at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the acquisition, the executive vice president now owns 2,505 shares in the company, valued at $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 49,522 shares of company stock valued at $5,487,555. Company insiders own 2.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on CHD shares. Deutsche Bank Aktiengesellschaft upped their price target on Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, November 4th. JPMorgan Chase & Co. decreased their price objective on Church & Dwight from $107.00 to $106.00 and set an "underweight" rating for the company in a report on Friday, February 21st. Wells Fargo & Company boosted their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. Piper Sandler lowered their price target on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. Finally, TD Cowen lifted their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research note on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $111.47.

Church & Dwight Price Performance

Shares of CHD traded up $1.95 during trading hours on Friday, hitting $111.32. 1,949,200 shares of the company were exchanged, compared to its average volume of 1,599,345. The firm has a fifty day simple moving average of $105.61 and a 200-day simple moving average of $104.89. The company has a market capitalization of $27.38 billion, a PE ratio of 46.97, a PEG ratio of 3.32 and a beta of 0.59. 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 Co., Inc. has a one year low of $96.35 and a one year high of $113.50.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting 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 in the previous year, the company posted $0.65 EPS. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Friday, February 14th. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's dividend payout ratio is 49.79%.

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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.