AMI Asset Management Corp Has $57.60 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

AMI Asset Management Corp decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.0% during the 4th quarter, Holdings Channel reports. The firm owned 550,121 shares of the company’s stock after selling 11,472 shares during the period. Church & Dwight comprises about 3.1% of AMI Asset Management Corp’s investment portfolio, making the stock its 11th biggest position. AMI Asset Management Corp’s holdings in Church & Dwight were worth $57,603,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in CHD. Capital Performance Advisors LLP acquired a new position in Church & Dwight during the third quarter worth $27,000. Ashton Thomas Securities LLC bought a new position in shares of Church & Dwight in the 3rd quarter valued at about $28,000. Versant Capital Management Inc increased its stake in shares of Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after purchasing an additional 184 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Church & Dwight during the 2nd quarter worth about $33,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Church & Dwight in the 2nd quarter valued at about $46,000. Institutional investors own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

In related news, Director Arthur B. Winkleblack sold 11,590 shares of the business’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the transaction, the director now owns 7,129 shares in the company, valued at $740,275.36. The trade was a 61.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Bradley C. Irwin sold 13,200 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total value of $1,418,208.00. Following the sale, the director now owns 37,169 shares of the company’s stock, valued at approximately $3,993,437.36. The trade was a 26.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 593,035 shares of company stock worth $62,282,808. Corporate insiders own 1.40% of the company’s stock.

Church & Dwight Stock Performance

NYSE:CHD opened at $106.42 on Tuesday. The company has a market cap of $26.07 billion, a price-to-earnings ratio of 47.72, a PEG ratio of 3.28 and a beta of 0.58. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The stock has a fifty day moving average price of $106.84 and a 200-day moving average price of $104.04.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.74 EPS. As a group, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were paid a dividend of $0.2838 per share. The ex-dividend date was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. Church & Dwight’s payout ratio is presently 50.67%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CHD shares. Stifel Nicolaus lowered their price target on Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a research report on Friday. Barclays boosted their target price on Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a report on Friday. Deutsche Bank Aktiengesellschaft raised their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Wells Fargo & Company upped their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Finally, Piper Sandler raised their target price on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $110.61.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.