Crown Oak Advisors LLC grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 7.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 112,543 shares of the company’s stock after acquiring an additional 8,245 shares during the quarter. Church & Dwight comprises 6.1% of Crown Oak Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Crown Oak Advisors LLC’s holdings in Church & Dwight were worth $11,784,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in Church & Dwight during the third quarter worth approximately $27,000. Ashton Thomas Securities LLC acquired a new stake in Church & Dwight during the 3rd quarter worth $28,000. Versant Capital Management Inc lifted its position in Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight in the second quarter valued at $33,000. Finally, Kimelman & Baird LLC acquired a new stake in shares of Church & Dwight during the second quarter worth about $46,000. Institutional investors and hedge funds own 86.60% of the company’s stock.
Wall Street Analyst Weigh In
CHD has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. TD Cowen lifted their price objective 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. Stifel Nicolaus decreased their target price on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a research note on Friday, January 17th. Piper Sandler boosted their price target on Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Finally, Wells Fargo & Company increased their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $110.61.
Insider Activity at Church & Dwight
In other Church & Dwight news, EVP Michael Read bought 1,100 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the purchase, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. The trade was a 78.29 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the sale, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,613,438.57. This trade represents a 59.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 593,035 shares of company stock worth $62,282,808. Company insiders own 2.00% of the company’s stock.
Church & Dwight Stock Performance
Shares of CHD stock opened at $106.24 on Friday. 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 firm has a market capitalization of $26.03 billion, a price-to-earnings ratio of 47.64, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58. Church & Dwight Co., Inc. has a one year low of $96.09 and a one year high of $113.50. The company has a 50 day moving average price of $106.80 and a 200 day moving average price of $104.06.
Church & Dwight (NYSE:CHD – Get Free Report) last released its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the firm posted $0.74 EPS. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. Sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.
Church & Dwight Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were issued a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s payout ratio is currently 50.67%.
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.
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