Russell Investments Group Ltd. Has $24.14 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Russell Investments Group Ltd. grew its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 17.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 230,523 shares of the company's stock after acquiring an additional 34,491 shares during the quarter. Russell Investments Group Ltd. owned 0.09% of Church & Dwight worth $24,135,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in CHD. YANKCOM Partnership bought a new stake in shares of Church & Dwight in the fourth quarter worth $25,000. Versant Capital Management Inc lifted its position in Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after buying an additional 184 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of Church & Dwight during the 4th quarter worth about $39,000. Bank of Jackson Hole Trust acquired a new position in shares of Church & Dwight during the 4th quarter worth about $43,000. Finally, Golden State Wealth Management LLC bought a new position in shares of Church & Dwight in the 4th quarter valued at about $51,000. 86.60% of the stock is owned by institutional investors.

Church & Dwight Stock Performance

NYSE CHD traded up $1.58 on Monday, reaching $105.93. The stock had a trading volume of 200,290 shares, compared to its average volume of 1,501,455. 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 market cap of $26.07 billion, a P/E ratio of 44.70, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. The firm has a fifty day moving average of $107.28 and a two-hundred day moving average of $106.09. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results on Friday, January 31st. The company reported $0.77 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 period in the prior year, the firm earned $0.65 EPS. On average, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.11%. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. Church & Dwight's payout ratio is presently 49.79%.

Insider Buying and Selling

In other news, EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction that occurred on 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 completion of the transaction, the executive vice president now directly owns 6,437 shares in the company, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the company's stock in a transaction that occurred on Monday, March 10th. The stock was 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 trade represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 65,570 shares of company stock valued at $7,538,449 over the last 90 days. 2.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on CHD shares. Stifel Nicolaus increased 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. Truist Financial increased their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Barclays decreased their target price on shares of Church & Dwight from $97.00 to $94.00 and set an "underweight" rating for the company in a research note on Friday. Piper Sandler dropped their price target on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Finally, Wells Fargo & Company lifted their price objective on shares of Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Wednesday, April 2nd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $111.44.

Church & Dwight 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.