ABN Amro Investment Solutions bought a new stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,547 shares of the company’s stock, valued at approximately $717,000.
Other large investors have also modified their holdings of the company. Elyxium Wealth LLC acquired a new stake in shares of Church & Dwight in the fourth quarter valued at about $26,000. Ameriflex Group Inc. grew its stake in shares of Church & Dwight by 101.3% in the third quarter. Ameriflex Group Inc. now owns 322 shares of the company’s stock valued at $28,000 after buying an additional 162 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Church & Dwight in the third quarter valued at about $30,000. Field & Main Bank acquired a new stake in shares of Church & Dwight in the fourth quarter valued at about $29,000. Finally, YANKCOM Partnership grew its stake in shares of Church & Dwight by 70.0% in the fourth quarter. YANKCOM Partnership now owns 413 shares of the company’s stock valued at $35,000 after buying an additional 170 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.
Church & Dwight Price Performance
Shares of NYSE CHD opened at $96.33 on Monday. Church & Dwight Co., Inc. has a fifty-two week low of $81.33 and a fifty-two week high of $106.04. The business has a 50 day moving average price of $94.89 and a two-hundred day moving average price of $92.24. The company has a quick ratio of 0.81, a current ratio of 1.22 and a debt-to-equity ratio of 0.53. The firm has a market cap of $22.82 billion, a PE ratio of 31.69, a price-to-earnings-growth ratio of 3.49 and a beta of 0.48.
Church & Dwight Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be issued a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, May 15th. Church & Dwight’s dividend payout ratio (DPR) is currently 40.46%.
Insider Buying and Selling
In other Church & Dwight news, Director Penry W. Price sold 7,000 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $100.58, for a total transaction of $704,060.00. Following the transaction, the director owned 30,070 shares of the company’s stock, valued at $3,024,440.60. This trade represents a 18.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.00% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
A number of brokerages have weighed in on CHD. Wells Fargo & Company lowered their price objective on Church & Dwight from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Jefferies Financial Group raised their price objective on Church & Dwight from $102.00 to $106.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. UBS Group restated a “neutral” rating and set a $100.00 price objective (up from $98.00) on shares of Church & Dwight in a research note on Monday, May 4th. Evercore set a $105.00 price objective on Church & Dwight in a research note on Monday, May 4th. Finally, Citigroup restated a “neutral” rating and set a $100.00 price objective (up from $87.00) on shares of Church & Dwight in a research note on Monday, February 2nd. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and a consensus price target of $102.53.
View Our Latest Stock Analysis on Church & Dwight
Church & Dwight Company Profile
Church & Dwight Co, Inc is a U.S.-based consumer products company best known for its Arm & Hammer baking soda business. Founded in 1846 with the manufacture and marketing of sodium bicarbonate, the company has grown into a diversified maker and marketer of household, personal care and specialty products. Church & Dwight is publicly traded on the New York Stock Exchange under the ticker CHD and is headquartered in Ewing, New Jersey.
The company’s portfolio spans a range of categories including household cleaning and laundry, oral care, personal care, sexual wellness and health & wellness.
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