Elo Mutual Pension Insurance Co Has $2.61 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Elo Mutual Pension Insurance Co lifted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 14.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 24,887 shares of the company’s stock after buying an additional 3,167 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Church & Dwight were worth $2,606,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Lake Street Advisors Group LLC lifted its stake in shares of Church & Dwight by 3.7% in the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock worth $282,000 after buying an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in Church & Dwight by 0.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock worth $2,199,000 after purchasing an additional 103 shares in the last quarter. Whittier Trust Co. lifted its position in shares of Church & Dwight by 3.2% during the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock worth $345,000 after buying an additional 103 shares during the period. HCR Wealth Advisors lifted its holdings in shares of Church & Dwight by 0.9% during the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock valued at $1,231,000 after acquiring an additional 106 shares during the period. Finally, Kingsview Wealth Management LLC lifted 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 valued at $353,000 after purchasing an additional 107 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 11,060 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the sale, the executive vice president now directly owns 6,437 shares in the company, valued at $707,941.26. This trade represents a 63.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 10,497 shares in the company, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock valued at $7,538,449 in the last 90 days. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CHD. Stifel Nicolaus raised their target price on 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 restated a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a report on Monday, February 3rd. Truist Financial increased their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. 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. Finally, JPMorgan Chase & Co. dropped 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 report on Friday, February 21st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $111.81.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $109.14 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $26.86 billion, a P/E ratio of 46.05, a P/E/G ratio of 3.32 and a beta of 0.57. The stock’s 50-day simple moving average is $107.65 and its two-hundred day simple moving average is $105.93. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data 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 period in the prior year, the company earned $0.65 earnings per share. As a group, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were paid a $0.295 dividend. The ex-dividend date of this dividend was 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 dividend yield of 1.08%. Church & Dwight’s dividend payout ratio (DPR) is presently 49.79%.

About Church & Dwight

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.