Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd increased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 23.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 26,247 shares of the company’s stock after acquiring an additional 4,927 shares during the period. UniSuper Management Pty Ltd’s holdings in Church & Dwight were worth $2,748,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. YANKCOM Partnership purchased a new stake in shares of Church & Dwight during the fourth quarter valued at approximately $25,000. Versant Capital Management Inc increased its position in shares of Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after acquiring an additional 184 shares during the last quarter. Bank of Jackson Hole Trust acquired a new position in shares of Church & Dwight in the fourth quarter worth about $43,000. Golden State Wealth Management LLC purchased a new position in Church & Dwight in the fourth quarter valued at about $51,000. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in Church & Dwight by 50.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 575 shares of the company’s stock valued at $60,000 after purchasing an additional 193 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Trading Up 0.7 %

Shares of NYSE CHD opened at $109.14 on Friday. The company has a market cap of $26.86 billion, a price-to-earnings ratio of 46.05, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57. The stock’s 50 day simple moving average is $107.65 and its 200 day simple moving average is $105.93. 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.

Church & Dwight (NYSE:CHD) last announced 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 quarter in the prior year, the business earned $0.65 earnings per share. Equities research analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current 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 given a $0.295 dividend. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a yield of 1.08%. Church & Dwight’s dividend payout ratio is 49.79%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CHD shares. Royal Bank of Canada reissued a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research 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 on the stock in a research note on Monday, February 3rd. JPMorgan Chase & Co. reduced 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. Barclays boosted their price objective on Church & Dwight from $93.00 to $97.00 and gave the company an “underweight” rating in a report on Thursday. Finally, Truist Financial increased 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. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $111.81.

Insider Buying and Selling at Church & Dwight

In other news, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction that occurred on 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 transaction, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction 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 represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 65,570 shares of company stock worth $7,538,449. 2.00% of the stock is owned by company insiders.

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.