Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by SVB Wealth LLC

SVB Wealth LLC lifted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 5.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,470 shares of the company’s stock after buying an additional 485 shares during the quarter. SVB Wealth LLC’s holdings in Church & Dwight were worth $895,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in CHD. Chilton Capital Management LLC raised its stake in Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the last quarter. Koesten Hirschmann & Crabtree INC. acquired a new position in Church & Dwight in the 3rd quarter valued at $38,000. PSI Advisors LLC acquired a new position in Church & Dwight in the 3rd quarter valued at $39,000. Money Concepts Capital Corp raised its stake in Church & Dwight by 468.2% in the 4th quarter. Money Concepts Capital Corp now owns 625 shares of the company’s stock valued at $50,000 after purchasing an additional 515 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. acquired a new position in Church & Dwight in the 4th quarter valued at $62,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $104.35 on Friday. The business has a 50-day moving average of $102.01 and a 200 day moving average of $96.50. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $105.67. The stock has a market capitalization of $25.45 billion, a price-to-earnings ratio of 34.33, a price-to-earnings-growth ratio of 3.42 and a beta of 0.53. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting analysts’ consensus estimates of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same period last year, the business posted $0.62 EPS. Church & Dwight’s revenue for the quarter was up 6.4% on a year-over-year basis. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a $0.2838 dividend. The ex-dividend date was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.09%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s dividend payout ratio (DPR) is currently 37.17%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CFO Richard A. Dierker sold 24,380 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $103.61, for a total value of $2,526,011.80. Following the sale, the chief financial officer now owns 7,634 shares of the company’s stock, valued at approximately $790,958.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Church & Dwight news, CFO Richard A. Dierker sold 24,380 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $103.61, for a total value of $2,526,011.80. Following the sale, the chief financial officer now owns 7,634 shares of the company’s stock, valued at approximately $790,958.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the sale, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $451,551.45. The disclosure for this sale can be found here. Insiders have sold 373,052 shares of company stock valued at $38,603,796 in the last quarter. Corporate insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

CHD has been the subject of several recent research reports. Argus raised Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research note on Friday, February 23rd. UBS Group upped their target price on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a report on Monday, February 5th. Truist Financial upped their target price on Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Oppenheimer upped their target price on Church & Dwight from $107.00 to $110.00 and gave the company an “outperform” rating in a report on Monday, February 5th. Finally, TheStreet upgraded Church & Dwight from a “c+” rating to a “b” rating in a report on Friday, February 2nd. Three analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Church & Dwight presently has a consensus rating of “Hold” and an average price target of $103.27.

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.