Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Voya Investment Management LLC

Voya Investment Management LLC grew its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 8.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 290,619 shares of the company's stock after purchasing an additional 23,450 shares during the period. Voya Investment Management LLC owned approximately 0.12% of Church & Dwight worth $30,431,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. YANKCOM Partnership acquired a new position in Church & Dwight during the fourth quarter worth about $25,000. Versant Capital Management Inc boosted its stake in shares of 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 acquiring an additional 184 shares in the last quarter. Bernard Wealth Management Corp. acquired a new stake in shares of Church & Dwight in the 4th quarter worth approximately $40,000. Bank of Jackson Hole Trust purchased a new position in Church & Dwight in the 4th quarter valued at approximately $43,000. Finally, Golden State Wealth Management LLC acquired a new position in Church & Dwight during the fourth quarter worth $51,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CHD. Truist Financial upped their target price on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Royal Bank of Canada restated a "sector perform" rating and set a $105.00 target price on shares of Church & Dwight in a report on Monday, February 3rd. Piper Sandler cut their target price 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. Bank of America upgraded shares of Church & Dwight from a "neutral" rating to a "buy" rating and increased their price target for the company from $112.00 to $125.00 in a research report on Tuesday, April 15th. Finally, JPMorgan Chase & Co. cut their price objective on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a research report on Friday, April 11th. Two investment 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. According to MarketBeat.com, Church & Dwight currently has an average rating of "Hold" and an average target price of $112.29.

Insider Buying and Selling

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction on Monday, March 10th. The shares were 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 owns 10,497 shares of the company's stock, valued at $1,217,442.06. This represents a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction on 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 transaction, the executive vice president now owns 6,437 shares in the company, valued at $707,941.26. The trade was a 63.21 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 65,570 shares of company stock valued at $7,538,449. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Trading Down 0.5 %

Church & Dwight stock traded down $0.53 during trading on Monday, hitting $98.78. The company's stock had a trading volume of 2,754,453 shares, compared to its average volume of 1,550,162. The stock's fifty day moving average is $106.73 and its 200 day moving average is $106.16. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $116.46. The stock has a market capitalization of $24.31 billion, a price-to-earnings ratio of 41.68, a P/E/G ratio of 3.32 and a beta of 0.55. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share 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 last year, the company posted $0.65 EPS. As a group, equities research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS 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 issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.19%. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's dividend payout ratio is presently 49.79%.

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.