First Horizon Advisors Inc. Has $150,000 Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

First Horizon Advisors Inc. boosted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 13.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,590 shares of the company’s stock after buying an additional 193 shares during the period. First Horizon Advisors Inc.’s holdings in Church & Dwight were worth $150,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CHD. Commonwealth Equity Services LLC boosted its position in shares of Church & Dwight by 0.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 75,007 shares of the company’s stock valued at $6,873,000 after purchasing an additional 446 shares in the last quarter. Forsta AP Fonden grew its position in shares of Church & Dwight by 11.1% during the 3rd quarter. Forsta AP Fonden now owns 53,100 shares of the company’s stock worth $4,866,000 after buying an additional 5,300 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Church & Dwight by 317.8% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 164,844 shares of the company’s stock valued at $15,105,000 after acquiring an additional 125,386 shares in the last quarter. Strs Ohio bought a new stake in shares of Church & Dwight in the 3rd quarter valued at $2,057,000. Finally, IFM Investors Pty Ltd lifted its position in shares of Church & Dwight by 5.1% during the 3rd quarter. IFM Investors Pty Ltd now owns 48,897 shares of the company’s stock valued at $4,480,000 after acquiring an additional 2,375 shares during the period. Institutional investors own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on CHD shares. The Goldman Sachs Group began coverage on shares of Church & Dwight in a research note on Friday, March 1st. They issued a “buy” rating and a $110.00 price target for the company. Stifel Nicolaus boosted their target price on Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a research report on Monday, February 5th. UBS Group increased their price target on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a report on Monday, February 5th. Bank of America boosted their price objective on Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a report on Monday, April 15th. 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 Friday. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus target price of $105.56.

Church & Dwight Trading Down 0.7 %

Shares of CHD stock opened at $105.41 on Tuesday. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $108.68. The company has a 50-day simple moving average of $103.78 and a two-hundred day simple moving average of $97.99. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. The company has a market capitalization of $25.77 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 3.53 and a beta of 0.51.

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

Church & Dwight Dividend Announcement

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 issued a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Tuesday, May 14th. Church & Dwight’s dividend payout ratio (DPR) is currently 35.87%.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight 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 sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at $451,551.45. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO Matthew Farrell sold 275,000 shares of the stock in a transaction on 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 transaction, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,703,613.77. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Barry A. Bruno sold 9,926 shares of the business’s 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 owns 4,319 shares in the company, valued at $451,551.45. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 373,052 shares of company stock worth $38,603,796. 1.40% of the stock is owned by company insiders.

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.