Saturna Capital Corp Purchases 263 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Saturna Capital Corp raised its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,192,156 shares of the company’s stock after purchasing an additional 263 shares during the quarter. Church & Dwight accounts for about 1.7% of Saturna Capital Corp’s portfolio, making the stock its 21st largest position. Saturna Capital Corp’s holdings in Church & Dwight were worth $124,831,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. YANKCOM Partnership purchased a new position in Church & Dwight during the 4th quarter valued at $25,000. Capital Performance Advisors LLP purchased a new stake in Church & Dwight in the third quarter worth $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight during the third quarter worth $28,000. Versant Capital Management Inc boosted its stake in shares of Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC bought a new position in shares of Church & Dwight in the fourth quarter worth about $39,000. Institutional investors own 86.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Truist Financial lifted their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. decreased their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research note on Friday, February 21st. Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. Stifel Nicolaus raised their price objective on Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a report on Monday, February 3rd. Finally, Piper Sandler lowered their target price on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $111.56.

Church & Dwight Price Performance

Shares of CHD stock opened at $112.24 on Wednesday. The stock’s 50-day moving average is $106.55 and its 200 day moving average is $105.55. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $116.46. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The company has a market cap of $27.61 billion, a P/E ratio of 47.36, a PEG ratio of 3.32 and a beta of 0.57.

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

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were given a dividend of $0.295 per share. The ex-dividend date was Friday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.05%. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insider Activity

In related news, EVP Michael Read acquired 1,100 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was purchased at an average cost of $106.82 per share, with a total value of $117,502.00. Following the transaction, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at $267,584.10. This trade represents a 78.29 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the sale, the director now directly owns 32,500 shares in the company, valued at approximately $3,448,575. This represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 64,510 shares of company stock worth $7,383,170. Insiders own 1.40% of the company’s stock.

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.