EverSource Wealth Advisors LLC Boosts Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

EverSource Wealth Advisors LLC boosted its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 19.0% during the 4th quarter, Holdings Channel reports. The firm owned 2,392 shares of the company’s stock after buying an additional 382 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Church & Dwight were worth $250,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CHD. Sequoia Financial Advisors LLC increased its holdings in shares of Church & Dwight by 1.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 11,311 shares of the company’s stock worth $1,184,000 after purchasing an additional 177 shares during the last quarter. Moors & Cabot Inc. increased its stake in Church & Dwight by 6.9% in the 4th quarter. Moors & Cabot Inc. now owns 3,355 shares of the company’s stock worth $351,000 after acquiring an additional 218 shares during the last quarter. Independent Advisor Alliance raised its holdings in shares of Church & Dwight by 2.7% during the 4th quarter. Independent Advisor Alliance now owns 29,395 shares of the company’s stock worth $3,078,000 after acquiring an additional 774 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Church & Dwight by 15.6% during the 4th quarter. Daiwa Securities Group Inc. now owns 34,604 shares of the company’s stock valued at $3,606,000 after acquiring an additional 4,665 shares during the last quarter. Finally, Amundi boosted its position in shares of Church & Dwight by 13.7% during the 4th quarter. Amundi now owns 1,833,603 shares of the company’s stock valued at $188,073,000 after acquiring an additional 220,829 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Trading Down 0.6 %

Shares of NYSE:CHD opened at $109.15 on Friday. The company has a market capitalization of $26.85 billion, a PE ratio of 46.05, a P/E/G ratio of 3.32 and a beta of 0.57. 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 12-month low of $96.35 and a 12-month high of $116.46. The business’s fifty day simple moving average is $106.84 and its 200-day simple moving average is $105.68.

Church & Dwight (NYSE:CHD) last posted its 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 return on equity of 20.03% and a net margin of 9.58%. During the same period last year, the firm earned $0.65 EPS. As a group, equities research analysts predict 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 announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.08%. 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 (DPR) is 49.79%.

Insiders Place Their Bets

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the sale, the director now owns 32,500 shares of the company’s stock, valued at approximately $3,448,575. The trade was a 23.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Rene Hemsey sold 11,060 shares of the firm’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the transaction, 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 75,570 shares of company stock valued at $8,599,549. 1.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CHD shares. JPMorgan Chase & Co. decreased their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research note on Friday, February 21st. Barclays upped 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. Royal Bank of Canada reissued a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Piper Sandler decreased their price objective on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Finally, Stifel Nicolaus raised their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $111.56.

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, 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.