Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. grew its position in Church & Dwight Co., Inc. (NYSE:CHD) by 22.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,613 shares of the company’s stock after purchasing an additional 673 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Church & Dwight were worth $342,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CHD. Natixis Advisors L.P. increased its position in Church & Dwight by 5.5% in the 4th quarter. Natixis Advisors L.P. now owns 150,281 shares of the company’s stock valued at $14,210,000 after acquiring an additional 7,788 shares during the period. First Horizon Advisors Inc. raised its stake in shares of Church & Dwight by 13.8% during the fourth quarter. First Horizon Advisors Inc. now owns 1,590 shares of the company’s stock valued at $150,000 after purchasing an additional 193 shares in the last quarter. First Trust Direct Indexing L.P. lifted its holdings in Church & Dwight by 3.1% in the fourth quarter. First Trust Direct Indexing L.P. now owns 12,005 shares of the company’s stock worth $1,135,000 after purchasing an additional 356 shares during the period. New York Life Investment Management LLC grew its position in Church & Dwight by 0.7% in the 4th quarter. New York Life Investment Management LLC now owns 38,562 shares of the company’s stock valued at $3,646,000 after buying an additional 276 shares in the last quarter. Finally, Searle & CO. acquired a new position in Church & Dwight during the 4th quarter valued at about $1,099,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Trading Up 0.2 %

NYSE CHD opened at $107.04 on Friday. The firm’s 50 day moving average price is $104.06 and its two-hundred day moving average price is $98.17. The stock has a market cap of $26.17 billion, a price-to-earnings ratio of 33.98, a PEG ratio of 3.47 and a beta of 0.51. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $108.68. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.10. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the previous year, the firm earned $0.85 earnings per share. Church & Dwight’s quarterly revenue was up 5.1% on a year-over-year basis. Equities analysts anticipate that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Tuesday, May 14th. Church & Dwight’s payout ratio is presently 35.87%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CHD. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Truist Financial increased their price target on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, May 3rd. The Goldman Sachs Group initiated coverage on Church & Dwight in a report on Friday, March 1st. They issued a “buy” rating and a $110.00 price objective for the company. Stifel Nicolaus boosted their price target on shares of Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a research report on Monday, February 5th. Finally, Royal Bank of Canada raised their price objective on shares of Church & Dwight from $94.00 to $103.00 and gave the company a “sector perform” rating in a research report on Monday, February 5th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and an average price target of $105.56.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Brian D. Buchert sold 12,120 shares of Church & Dwight stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $102.84, for a total transaction of $1,246,420.80. Following the completion of the sale, the executive vice president now owns 6,120 shares of the company’s stock, valued at approximately $629,380.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CEO Matthew Farrell sold 275,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Brian D. Buchert sold 12,120 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $102.84, for a total value of $1,246,420.80. Following the completion of the sale, the executive vice president now directly owns 6,120 shares of the company’s stock, valued at approximately $629,380.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 376,972 shares of company stock worth $39,133,366. 1.40% of the stock is currently owned by company insiders.

Church & Dwight Company Profile

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.