2,291 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas purchased a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,291 shares of the company's stock, valued at approximately $240,000.

Other hedge funds have also recently added to or reduced their stakes in the company. YANKCOM Partnership acquired a new position in Church & Dwight in the fourth quarter valued at about $25,000. Versant Capital Management Inc raised its position in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock valued at $28,000 after purchasing an additional 184 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in Church & Dwight during the fourth quarter valued at approximately $39,000. Bank of Jackson Hole Trust bought a new stake in Church & Dwight during the fourth quarter worth $43,000. Finally, Golden State Wealth Management LLC bought a new position in shares of Church & Dwight in the 4th quarter valued at $51,000. Institutional investors own 86.60% of the company's stock.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 11,060 shares of the company's stock in a transaction dated 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 sale, the executive vice president now directly owns 6,437 shares of the company's stock, valued at approximately $707,941.26. This represents a 63.21 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight 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 transaction, the executive vice president now directly owns 10,497 shares in the company, valued at approximately $1,217,442.06. This represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 65,570 shares of company stock valued at $7,538,449. 2.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CHD has been the topic of several research analyst reports. Barclays raised their price objective on Church & Dwight from $93.00 to $97.00 and gave the company an "underweight" rating in a research note on Thursday, March 27th. Truist Financial boosted their target price 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. Stifel Nicolaus increased their target price on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research report on Monday, February 3rd. Piper Sandler decreased their price target on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. Finally, Wells Fargo & Company lifted their price target on shares of Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a report on Wednesday. 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 stock. According to MarketBeat, Church & Dwight has an average rating of "Hold" and a consensus price target of $112.13.

Church & Dwight Stock Down 4.3 %

NYSE CHD traded down $4.78 during mid-day trading on Friday, hitting $105.98. The company's stock had a trading volume of 3,154,322 shares, compared to its average volume of 1,482,709. The firm has a market capitalization of $26.08 billion, a price-to-earnings ratio of 44.72, a PEG ratio of 3.32 and a beta of 0.55. The company's 50 day simple moving average is $107.89 and its 200 day simple moving average is $106.13. 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 twelve month low of $96.35 and a twelve month high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting 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 in the prior year, the firm earned $0.65 earnings per share. Analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors 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 yield of 1.11%. 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 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.