Church & Dwight Co., Inc. (NYSE:CHD) Position Trimmed by Oxler Private Wealth LLC

Oxler Private Wealth LLC lowered its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,850 shares of the company’s stock after selling 594 shares during the period. Oxler Private Wealth LLC’s holdings in Church & Dwight were worth $1,346,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Caprock Group LLC boosted its holdings in shares of Church & Dwight by 3.2% in the fourth quarter. Caprock Group LLC now owns 11,196 shares of the company’s stock worth $1,172,000 after buying an additional 349 shares during the period. Hamilton Point Investment Advisors LLC raised its holdings in shares of Church & Dwight by 0.3% during the fourth quarter. Hamilton Point Investment Advisors LLC now owns 113,320 shares of the company’s stock valued at $11,866,000 after acquiring an additional 347 shares during the period. Calton & Associates Inc. purchased a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $342,000. Crews Bank & Trust acquired a new position in Church & Dwight in the 4th quarter worth approximately $479,000. Finally, Milestone Asset Management LLC purchased a new position in Church & Dwight during the 4th quarter worth approximately $1,041,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Maynadier Patrick D. De sold 45,120 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the transaction, the executive vice president now owns 10,325 shares of the company’s stock, 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 legal filing with the SEC, which is available through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total transaction of $874,783.20. Following the transaction, the chief accounting officer now owns 400 shares of the company’s stock, valued at approximately $44,976. The trade was 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 valued at $62,282,808 in the last quarter. Insiders own 2.00% of the company’s stock.

Church & Dwight Stock Performance

CHD opened at $105.36 on Friday. The stock has a 50-day moving average of $106.43 and a 200-day moving average of $104.18. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. Church & Dwight Co., Inc. has a 52-week low of $96.09 and a 52-week high of $113.50. The company has a market cap of $25.81 billion, a PE ratio of 47.24, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.77. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. During the same quarter in the previous year, the company earned $0.65 earnings per share. As a group, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.12%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is 50.67%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CHD. Deutsche Bank Aktiengesellschaft raised their target price 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 raised their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Wells Fargo & Company upped their target price on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Stifel Nicolaus reduced their price target on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a research report on Friday, January 17th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research report on Thursday, January 16th. 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. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $110.61.

Church & Dwight 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.