CWA Asset Management Group LLC Boosts Position in Church & Dwight Co., Inc. (NYSE:CHD)

CWA Asset Management Group LLC grew its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 43.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,308 shares of the company’s stock after buying an additional 1,005 shares during the quarter. CWA Asset Management Group LLC’s holdings in Church & Dwight were worth $346,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Capital Performance Advisors LLP purchased a new stake in Church & Dwight during the 3rd quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Church & Dwight in the third quarter worth about $28,000. Versant Capital Management Inc boosted its position in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after buying an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Church & Dwight in the second quarter valued at about $33,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of Church & Dwight during the 2nd quarter valued at about $46,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling

In other news, EVP Maynadier Patrick D. De sold 45,120 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at approximately $1,158,361.75. The trade was a 81.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Joseph James Longo sold 7,780 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the sale, the chief accounting officer now owns 400 shares in the company, valued at approximately $44,976. This represents a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 593,035 shares of company stock worth $62,282,808 in the last three months. 1.40% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on CHD shares. Piper Sandler upped their price target on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a report on Monday. TD Cowen upped their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. upped their price objective on shares of Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research report on Monday, November 4th. Finally, Barclays dropped their target price on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research report on Tuesday, November 5th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $110.00.

Church & Dwight Stock Down 0.2 %

CHD stock opened at $102.57 on Thursday. The firm has a fifty day moving average price of $106.81 and a two-hundred day moving average price of $104.10. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. Church & Dwight Co., Inc. has a 1-year low of $93.91 and a 1-year high of $113.50. The firm has a market cap of $25.13 billion, a price-to-earnings ratio of 46.00, a PEG ratio of 3.86 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm earned $0.74 EPS. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. Research analysts predict that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.11%. Church & Dwight’s dividend payout ratio is currently 50.67%.

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.