Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Taurus Asset Management LLC

Taurus Asset Management LLC decreased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 249,344 shares of the company's stock after selling 2,485 shares during the quarter. Church & Dwight comprises 2.5% of Taurus Asset Management LLC's holdings, making the stock its 14th largest holding. Taurus Asset Management LLC owned approximately 0.10% of Church & Dwight worth $26,109,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Lake Street Advisors Group LLC raised its position in Church & Dwight by 3.7% during the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company's stock worth $282,000 after buying an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of Church & Dwight by 0.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock worth $2,199,000 after acquiring an additional 103 shares during the period. Whittier Trust Co. raised its holdings in Church & Dwight by 3.2% during the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company's stock worth $345,000 after purchasing an additional 103 shares in the last quarter. HCR Wealth Advisors lifted its position in Church & Dwight by 0.9% in the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock valued at $1,231,000 after purchasing an additional 106 shares during the period. Finally, Atria Wealth Solutions Inc. boosted its holdings in Church & Dwight by 0.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company's stock valued at $1,270,000 after purchasing an additional 110 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CHD. Bank of America raised Church & Dwight from a "neutral" rating to a "buy" rating and increased their target price for the stock from $112.00 to $125.00 in a research note on Tuesday. Royal Bank of Canada reissued a "sector perform" rating and issued a $105.00 target price on shares of Church & Dwight in a report on Monday, February 3rd. Wells Fargo & Company boosted their target price on shares of Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 2nd. Stifel Nicolaus increased their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a report on Monday, February 3rd. Finally, Piper Sandler decreased their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $112.59.

Insider Activity at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the 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 transaction, the executive vice president now directly owns 10,497 shares in the company, valued at $1,217,442.06. This represents a 83.85 % decrease in their position. The sale 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 firm's stock in a transaction that occurred on 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 completion of the sale, the executive vice president now directly owns 6,437 shares in the company, valued at $707,941.26. This represents 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 valued at $7,538,449. Company insiders own 1.20% of the company's stock.

Church & Dwight Price Performance

CHD stock traded up $2.36 on Thursday, reaching $105.32. The company had a trading volume of 1,703,949 shares, compared to its average volume of 1,511,194. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The company's fifty day moving average is $107.20 and its 200 day moving average is $106.07. The company has a market cap of $25.92 billion, a P/E ratio of 44.44, a PEG ratio of 3.32 and a beta of 0.55. 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 issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 prior year, the company earned $0.65 EPS. On average, research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently disclosed 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 1.12%. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's payout ratio is currently 49.79%.

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.