Rhumbline Advisers Sells 10,913 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Rhumbline Advisers lowered its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 423,188 shares of the company's stock after selling 10,913 shares during the quarter. Rhumbline Advisers owned approximately 0.17% of Church & Dwight worth $44,312,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in CHD. Creative Planning boosted its stake in Church & Dwight by 4.9% in the 3rd quarter. Creative Planning now owns 55,434 shares of the company's stock worth $5,805,000 after purchasing an additional 2,578 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Church & Dwight by 0.7% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 33,235 shares of the company's stock worth $3,480,000 after purchasing an additional 225 shares during the period. Raymond James & Associates boosted its stake in Church & Dwight by 1.8% in the 3rd quarter. Raymond James & Associates now owns 318,499 shares of the company's stock worth $33,353,000 after purchasing an additional 5,528 shares during the period. Bellecapital International Ltd. boosted its stake in Church & Dwight by 10.0% in the 3rd quarter. Bellecapital International Ltd. now owns 35,336 shares of the company's stock worth $3,700,000 after purchasing an additional 3,204 shares during the period. Finally, Crew Capital Management Ltd. bought a new position in Church & Dwight in the 3rd quarter worth about $376,000. Institutional investors own 86.60% of the company's stock.

Church & Dwight Trading Up 0.9 %

Church & Dwight stock traded up $0.97 during trading hours on Friday, reaching $105.40. The company had a trading volume of 1,978,485 shares, compared to its average volume of 1,573,864. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The company has a 50-day moving average price of $105.36 and a 200 day moving average price of $104.66. The firm has a market cap of $25.93 billion, a price-to-earnings ratio of 44.47, a P/E/G ratio of 3.32 and a beta of 0.59. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $113.50.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.77 EPS 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. Equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a dividend of $0.295 per share. The ex-dividend date is Friday, February 14th. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.12%. Church & Dwight's payout ratio is 49.79%.

Insider Activity

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

Analysts Set New Price Targets

CHD has been the subject of a number of research analyst reports. Piper Sandler dropped their price target on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft lifted 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. Stifel Nicolaus lifted their price target on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research report on Monday, February 3rd. Wells Fargo & Company lifted their price target on Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" rating in a research report on Monday, November 4th. Finally, Truist Financial lifted their price target on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Two research 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. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $111.47.

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.