Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Portland Global Advisors LLC

Portland Global Advisors LLC decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 67,324 shares of the company’s stock after selling 106 shares during the quarter. Portland Global Advisors LLC’s holdings in Church & Dwight were worth $7,049,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. YANKCOM Partnership acquired a new stake in shares of Church & Dwight during the 4th quarter worth approximately $25,000. Versant Capital Management Inc increased its stake in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after acquiring an additional 184 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in Church & Dwight in the fourth quarter valued at $39,000. Bank of Jackson Hole Trust acquired a new position in shares of Church & Dwight in the 4th quarter valued at $43,000. Finally, Golden State Wealth Management LLC purchased a new position in shares of Church & Dwight during the 4th quarter worth $51,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the sale, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of the business’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the transaction, the executive vice president now directly owns 6,437 shares in the company, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock worth $7,538,449 over the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Trading Up 0.7 %

Shares of NYSE:CHD opened at $109.14 on Friday. The company has a market cap of $26.86 billion, a PE ratio of 46.05, a P/E/G ratio of 3.32 and a beta of 0.57. The company’s 50 day moving average is $107.65 and its two-hundred day moving average is $105.93. Church & Dwight Co., Inc. has a 52 week low of $96.35 and a 52 week high of $116.46. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, January 31st. The company reported $0.77 EPS 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 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed 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. This represents a $1.18 annualized dividend and a dividend yield of 1.08%. The ex-dividend date was Friday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s payout ratio is currently 49.79%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CHD. JPMorgan Chase & Co. decreased their target price on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research report on Friday, February 21st. Barclays upped their price objective on shares of Church & Dwight from $93.00 to $97.00 and gave the stock an “underweight” rating in a report on Thursday. Stifel Nicolaus lifted their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Truist Financial upped their price target on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Church & Dwight has a consensus rating of “Hold” and an average target price of $111.81.

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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.