Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. raised its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 26.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,381 shares of the company’s stock after acquiring an additional 1,328 shares during the period. Meeder Advisory Services Inc.’s holdings in Church & Dwight were worth $668,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Public Sector Pension Investment Board increased its position in Church & Dwight by 12.7% during the third quarter. Public Sector Pension Investment Board now owns 10,648 shares of the company’s stock worth $1,115,000 after buying an additional 1,200 shares during the period. Rockefeller Capital Management L.P. raised its position in Church & Dwight by 2.7% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 23,141 shares of the company’s stock valued at $2,423,000 after purchasing an additional 602 shares during the last quarter. Edgestream Partners L.P. boosted its stake in Church & Dwight by 4.4% during the 3rd quarter. Edgestream Partners L.P. now owns 3,306 shares of the company’s stock worth $346,000 after purchasing an additional 140 shares during the period. Benjamin Edwards Inc. boosted its stake in Church & Dwight by 6,963.8% during the 3rd quarter. Benjamin Edwards Inc. now owns 11,302 shares of the company’s stock worth $1,183,000 after purchasing an additional 11,142 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in Church & Dwight by 5.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 2,250 shares of the company’s stock worth $236,000 after purchasing an additional 122 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

CHD has been the subject of several recent research reports. Wells Fargo & Company increased their target price on shares of Church & Dwight from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Wednesday. Piper Sandler decreased their price objective on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Barclays boosted their target price on Church & Dwight from $93.00 to $97.00 and gave the company an “underweight” rating in a report on Thursday, March 27th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. Finally, Truist Financial boosted their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $112.13.

Church & Dwight Stock Performance

Shares of CHD stock opened at $110.70 on Friday. 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 stock has a market cap of $27.24 billion, a PE ratio of 46.71, a P/E/G ratio of 3.32 and a beta of 0.57. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $116.46. The stock has a fifty day moving average price of $107.90 and a 200 day moving average price of $106.08.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period last year, the firm posted $0.65 EPS. Sell-side analysts forecast 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 announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were paid a $0.295 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.07%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insider Buying and Selling at Church & Dwight

In related news, EVP Rene Hemsey sold 11,060 shares of the company’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 transaction of $1,216,378.80. Following the transaction, the executive vice president now owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight 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 $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 65,570 shares of company stock worth $7,538,449. 2.00% of the stock is owned by insiders.

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 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.