Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Treasurer of the State of North Carolina

Treasurer of the State of North Carolina decreased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 1.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 165,124 shares of the company's stock after selling 2,760 shares during the period. Treasurer of the State of North Carolina owned 0.07% of Church & Dwight worth $17,290,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. YANKCOM Partnership purchased a new position in Church & Dwight in the 4th quarter valued at about $25,000. Versant Capital Management Inc lifted its holdings in Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after purchasing an additional 184 shares during the period. Strategic Financial Concepts LLC acquired a new position in shares of Church & Dwight during the 4th quarter valued at $39,000. Bernard Wealth Management Corp. bought a new stake in Church & Dwight during the fourth quarter worth approximately $40,000. Finally, Bank of Jackson Hole Trust acquired a new stake in Church & Dwight during the 4th quarter worth about $43,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CHD has been the topic of several analyst reports. UBS Group increased their price target on shares of Church & Dwight from $109.00 to $110.00 and gave the stock a "neutral" rating in a research note on Thursday. Stifel Nicolaus lifted their price objective on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a report on Monday, February 3rd. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Wells Fargo & Company raised their price target on Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 2nd. Finally, 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 report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $112.59.

Church & Dwight Stock Performance

Shares of CHD traded up $2.67 on Thursday, reaching $105.63. The company's stock had a trading volume of 513,045 shares, compared to its average volume of 1,506,652. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $116.46. The stock's 50 day simple moving average is $107.20 and its two-hundred day simple moving average is $106.07. The stock has a market capitalization of $26.00 billion, a P/E ratio of 44.54, a PEG ratio of 3.32 and a beta of 0.55.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results 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 return on equity of 20.03% and a net margin of 9.58%. During the same quarter in the previous year, the firm posted $0.65 earnings per share. Research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal 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. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.12%. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's payout ratio is presently 49.79%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,510 shares of the company's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $115.98, for a total value of $6,322,069.80. Following the completion of the sale, 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 filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were 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 owns 6,437 shares in the company, valued at approximately $707,941.26. This trade represents a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,570 shares of company stock worth $7,538,449. 1.20% of the stock is owned by corporate insiders.

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 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.