Wilmington Savings Fund Society FSB Sells 2,396 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Wilmington Savings Fund Society FSB reduced its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 3.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 74,008 shares of the company's stock after selling 2,396 shares during the quarter. Wilmington Savings Fund Society FSB's holdings in Church & Dwight were worth $7,749,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Amalgamated Bank grew its position in shares of Church & Dwight by 0.8% during the 3rd quarter. Amalgamated Bank now owns 50,056 shares of the company's stock valued at $5,242,000 after buying an additional 394 shares during the last quarter. Board of the Pension Protection Fund bought a new position in shares of Church & Dwight during the fourth quarter valued at approximately $639,000. Oddo BHF Asset Management Sas bought a new position in shares of Church & Dwight during the third quarter valued at approximately $5,934,000. Citigroup Inc. lifted its stake in Church & Dwight by 9.1% in the third quarter. Citigroup Inc. now owns 337,738 shares of the company's stock valued at $35,368,000 after buying an additional 28,129 shares during the last quarter. Finally, Financial Enhancement Group LLC boosted its stake in Church & Dwight by 456.2% during the 4th quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company's stock valued at $6,232,000 after purchasing an additional 49,693 shares during the period. Institutional investors and hedge funds own 86.60% of the company's stock.

Analyst Upgrades and Downgrades

CHD has been the topic of several recent analyst reports. Truist Financial boosted their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Monday, February 3rd. Wells Fargo & Company lifted their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, November 4th. Stifel Nicolaus upped their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research note on Monday, February 3rd. Royal Bank of Canada reissued a "sector perform" rating and issued a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Finally, Barclays upped their price target 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. 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. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $111.53.

Insider Activity at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 45,120 shares of the firm's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the sale, the executive vice president now owns 10,325 shares in the company, valued at approximately $1,158,361.75. This trade represents a 81.38 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Michael Read acquired 1,100 shares of the stock in a transaction on Monday, December 16th. The shares were purchased at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the transaction, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 102,422 shares of company stock valued at $11,424,351. 2.00% of the stock is owned by insiders.

Church & Dwight Stock Up 1.0 %

NYSE CHD traded up $1.10 during trading hours on Wednesday, reaching $105.98. 1,438,186 shares of the company's stock were exchanged, compared to its average volume of 1,590,007. 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 Co., Inc. has a one year low of $96.09 and a one year high of $113.50. The company's 50-day moving average is $105.63 and its two-hundred day moving average is $104.45. The company has a market capitalization of $25.97 billion, a price-to-earnings ratio of 44.72, a price-to-earnings-growth ratio of 3.35 and a beta of 0.59.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting analysts' consensus estimates 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 business earned $0.65 EPS. On average, analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.295 per share. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.11%. Church & Dwight's dividend payout ratio (DPR) is presently 47.68%.

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.