Vest Financial LLC Raises Position in Church & Dwight Co., Inc. (NYSE:CHD)

Vest Financial LLC lifted its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 15.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 553,036 shares of the company's stock after acquiring an additional 71,944 shares during the period. Church & Dwight makes up approximately 1.0% of Vest Financial LLC's holdings, making the stock its 16th biggest holding. Vest Financial LLC owned 0.23% of Church & Dwight worth $57,908,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Empowered Funds LLC raised its position in shares of Church & Dwight by 2.8% in the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock valued at $382,000 after acquiring an additional 99 shares during the period. Oppenheimer & Co. Inc. raised its holdings in Church & Dwight by 0.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock worth $3,358,000 after buying an additional 104 shares during the period. HCR Wealth Advisors raised its holdings in Church & Dwight by 0.9% during the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock worth $1,231,000 after buying an additional 106 shares during the period. Kingsview Wealth Management LLC raised its holdings in Church & Dwight by 3.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company's stock worth $353,000 after buying an additional 107 shares during the period. Finally, Citizens Financial Group Inc. RI raised its holdings in Church & Dwight by 2.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company's stock worth $577,000 after buying an additional 113 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Church & Dwight Trading Up 1.0 %

Shares of CHD stock traded up $1.10 during trading hours on Wednesday, hitting $105.98. 1,438,186 shares of the company were exchanged, compared to its average volume of 1,590,007. The company has a 50 day simple moving average of $105.63 and a two-hundred day simple moving average of $104.45. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. 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 firm has a market cap of $25.97 billion, a P/E ratio of 44.72, a P/E/G ratio of 3.35 and a beta of 0.59.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results 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 net margin of 9.58% and a return on equity of 20.03%. During the same period in the prior year, the company posted $0.65 earnings per share. Equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders 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 yield of 1.11%. Church & Dwight's dividend payout ratio (DPR) is 47.68%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on CHD shares. Piper Sandler lowered 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. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. Truist Financial boosted their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Barclays boosted their target price on shares of Church & Dwight from $90.00 to $93.00 and gave the company an "underweight" rating in a research report on Tuesday, February 4th. Finally, Stifel Nicolaus boosted their price target on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research note on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $111.53.

Insider Buying and Selling at Church & Dwight

In other news, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares in the company, valued at $44,976. The trade was a 95.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of Church & Dwight stock in a transaction on Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the sale, the director now owns 32,500 shares in the company, valued at $3,448,575. The trade was a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,422 shares of company stock worth $11,424,351. Corporate insiders own 2.00% of the company's stock.

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, 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.