Qtron Investments LLC Acquires 3,326 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Qtron Investments LLC grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 58.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 9,035 shares of the company’s stock after purchasing an additional 3,326 shares during the period. Qtron Investments LLC’s holdings in Church & Dwight were worth $946,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CHD. Lake Street Advisors Group LLC grew its position in Church & Dwight by 3.7% in the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock valued at $282,000 after acquiring an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Church & Dwight by 0.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock valued at $2,199,000 after purchasing an additional 103 shares in the last quarter. Whittier Trust Co. grew its holdings in shares of Church & Dwight by 3.2% during the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock valued at $345,000 after purchasing an additional 103 shares during the last quarter. HCR Wealth Advisors increased its position in Church & Dwight by 0.9% during the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after purchasing an additional 106 shares in the last quarter. Finally, Atria Wealth Solutions Inc. lifted its stake in Church & Dwight by 0.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company’s stock valued at $1,270,000 after purchasing an additional 110 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Wall Street Analyst Weigh In

CHD has been the topic of a number of research reports. Stifel Nicolaus boosted their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd. 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. Royal Bank of Canada reissued a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Wells Fargo & Company boosted their price target on Church & Dwight from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Wednesday, April 2nd. Finally, Barclays dropped their price objective on shares of Church & Dwight from $97.00 to $94.00 and set an “underweight” rating for the company in a report on Friday. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $111.44.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $104.24 on Friday. The company has a market capitalization of $25.65 billion, a PE ratio of 43.98, a P/E/G ratio of 3.32 and a beta of 0.55. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46. The firm has a fifty day simple moving average of $107.28 and a 200 day simple moving average of $106.07.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting 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 posted $0.65 earnings per share. On average, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.13%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insider Activity

In other 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 completion of the sale, the executive vice president now directly owns 10,497 shares in the company, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at 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 stock was 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 in the company, valued at approximately $707,941.26. This trade represents a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock worth $7,538,449 in the last quarter. 2.00% of the stock is owned by corporate 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.