RD Lewis Holdings Inc. Makes New $360,000 Investment in Church & Dwight Co., Inc. (NYSE:CHD)

RD Lewis Holdings Inc. acquired a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,428 shares of the company's stock, valued at approximately $360,000.

A number of other large investors also recently modified their holdings of CHD. YANKCOM Partnership bought a new stake in shares of Church & Dwight in the 4th quarter valued at about $25,000. Versant Capital Management Inc raised its holdings in Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock valued at $28,000 after acquiring an additional 184 shares during the period. Bank of Jackson Hole Trust bought a new position in Church & Dwight in the 4th quarter valued at about $43,000. Golden State Wealth Management LLC bought a new position in shares of Church & Dwight during the fourth quarter worth approximately $51,000. Finally, Endeavor Private Wealth Inc. bought a new position in shares of Church & Dwight during the fourth quarter worth approximately $84,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the business'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 sale, the executive vice president now directly owns 10,497 shares of the company's stock, valued at $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the sale, the executive vice president now directly 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 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.

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Church & Dwight Trading Down 1.0 %

CHD stock traded down $1.03 during midday trading 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. The firm 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 current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $116.46. The business has a fifty day moving average price of $107.42 and a two-hundred day moving average price of $105.88.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share 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 last year, the company earned $0.65 EPS. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a dividend of $0.295 per share. The ex-dividend date was Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.10%. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's dividend payout ratio is currently 49.79%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on CHD shares. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Piper Sandler decreased their target price on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research note on Monday, February 3rd. Stifel Nicolaus boosted their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research note on Monday, February 3rd. Barclays boosted their target price on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a research note on Tuesday, February 4th. Finally, Truist Financial boosted their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $111.56.

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.