Alliance Wealth Advisors LLC UT Sells 198 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Alliance Wealth Advisors LLC UT lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,714 shares of the company’s stock after selling 198 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Church & Dwight were worth $284,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Holocene Advisors LP bought a new stake in shares of Church & Dwight in the 3rd quarter valued at about $104,795,000. State Street Corp raised its stake in Church & Dwight by 8.0% in the third quarter. State Street Corp now owns 13,116,334 shares of the company’s stock valued at $1,373,542,000 after buying an additional 969,006 shares during the period. World Investment Advisors LLC acquired a new stake in shares of Church & Dwight in the third quarter valued at approximately $58,338,000. Barclays PLC boosted its stake in shares of Church & Dwight by 63.9% during the 3rd quarter. Barclays PLC now owns 1,106,131 shares of the company’s stock worth $115,832,000 after acquiring an additional 431,257 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Church & Dwight by 5.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company’s stock worth $839,472,000 after acquiring an additional 429,863 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In related news, Director Bradley C. Irwin sold 13,200 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total transaction of $1,418,208.00. Following the sale, the director now owns 37,169 shares of the company’s stock, valued at $3,993,437.36. This trade represents a 26.21 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $112.19, for a total value of $5,062,012.80. Following the completion of the transaction, the executive vice president now directly 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 position. The disclosure for this sale can be found here. Insiders have sold 115,622 shares of company stock worth $12,842,559 over the last quarter. Corporate insiders own 1.40% of the company’s stock.

Church & Dwight Trading Down 0.4 %

Shares of CHD stock opened at $105.99 on Wednesday. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. The stock’s fifty day moving average price is $106.22 and its two-hundred day moving average price is $104.25. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The company has a market cap of $25.97 billion, a PE ratio of 44.72, a P/E/G ratio of 3.28 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same period last year, the firm earned $0.65 EPS. Equities analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a $0.295 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 14th. This represents a $1.18 annualized dividend and a yield of 1.11%. Church & Dwight’s dividend payout ratio is presently 47.68%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. raised their price target on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday, January 16th. Piper Sandler reduced their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a report on Monday. Barclays increased their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a report on Tuesday. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a report on Monday. 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 research note on Monday. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $111.17.

About Church & Dwight

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.