International Assets Investment Management LLC Buys Shares of 24,586 Church & Dwight Co., Inc. (NYSE:CHD)

International Assets Investment Management LLC purchased a new position in Church & Dwight Co., Inc. (NYSE:CHD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 24,586 shares of the company’s stock, valued at approximately $23,250,000.

Other hedge funds have also recently made changes to their positions in the company. Chilton Capital Management LLC grew its position in Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the period. Koesten Hirschmann & Crabtree INC. purchased a new stake in Church & Dwight during the third quarter valued at $38,000. McGlone Suttner Wealth Management Inc. bought a new position in Church & Dwight in the fourth quarter valued at about $62,000. Whittier Trust Co. of Nevada Inc. boosted its position in Church & Dwight by 2,071.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 695 shares of the company’s stock worth $66,000 after purchasing an additional 663 shares during the last quarter. Finally, NBC Securities Inc. bought a new stake in shares of Church & Dwight during the 3rd quarter valued at about $82,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the sale, the executive vice president now owns 6,373 shares of the company’s stock, valued at $638,702.06. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total transaction of $930,041.60. Following the completion of the transaction, the executive vice president now owns 6,373 shares in the company, valued at $638,702.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $98.29, for a total value of $761,944.08. Following the transaction, the director now directly owns 25,692 shares in the company, valued at approximately $2,525,266.68. The disclosure for this sale can be found here. Insiders sold 373,052 shares of company stock valued at $38,603,796 over the last three months. 2.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

CHD has been the topic of a number of research reports. Oppenheimer raised their price objective on shares of Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, April 23rd. JPMorgan Chase & Co. cut their price objective on shares of Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a research report on Friday. Truist Financial raised their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Friday. HSBC boosted their price target on Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a report on Friday. Finally, TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a research note on Friday, February 2nd. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus price target of $105.63.

Church & Dwight Trading Up 0.2 %

Shares of Church & Dwight stock opened at $106.11 on Friday. The business has a 50-day moving average price of $103.68 and a 200-day moving average price of $97.76. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $108.68. The firm has a market cap of $25.88 billion, a price-to-earnings ratio of 33.69, a PEG ratio of 3.54 and a beta of 0.51. The company has a quick ratio of 0.64, a current ratio of 1.33 and a debt-to-equity ratio of 0.54.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter last year, the business earned $0.85 earnings per share. Church & Dwight’s quarterly revenue was up 5.1% compared to the same quarter last year. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be given a $0.2838 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. Church & Dwight’s dividend payout ratio is presently 35.87%.

About Church & Dwight

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.