Texas Yale Capital Corp. Purchases 430 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Texas Yale Capital Corp. boosted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 4.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 11,180 shares of the company’s stock after acquiring an additional 430 shares during the period. Texas Yale Capital Corp.’s holdings in Church & Dwight were worth $1,171,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. YANKCOM Partnership purchased a new stake in shares of Church & Dwight during the 4th quarter valued at approximately $25,000. Versant Capital Management Inc raised its holdings in Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares during the period. Strategic Financial Concepts LLC bought a new position in shares of Church & Dwight in the fourth quarter worth $39,000. Bernard Wealth Management Corp. bought a new position in shares of Church & Dwight in the fourth quarter worth $40,000. Finally, Bank of Jackson Hole Trust purchased a new position in shares of Church & Dwight in the fourth quarter valued at $43,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Performance

NYSE:CHD opened at $102.06 on Thursday. The company has a market capitalization of $25.12 billion, a price-to-earnings ratio of 43.06, a PEG ratio of 3.32 and a beta of 0.55. The business has a 50 day moving average of $107.37 and a 200 day moving average of $106.05. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $116.46.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting 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 last year, the business posted $0.65 earnings per share. On average, sell-side 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 announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.16%. Church & Dwight’s dividend payout ratio is currently 49.79%.

Wall Street Analyst Weigh In

CHD has been the subject of several analyst reports. Piper Sandler cut their target price on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. 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. Barclays increased their target price on shares of Church & Dwight from $93.00 to $97.00 and gave the stock an “underweight” rating in a research note on Thursday, March 27th. Wells Fargo & Company boosted their price target on shares of Church & Dwight from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday, April 2nd. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $112.13.

Insider Buying and Selling

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $115.98, for a total value of $6,322,069.80. Following the sale, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 value of $1,216,378.80. Following the transaction, the executive vice president now directly owns 6,437 shares of the company’s stock, valued at $707,941.26. The trade was a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,570 shares of company stock worth $7,538,449 in the last ninety days. 2.00% of the stock is owned by insiders.

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 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.