Nissay Asset Management Corp Japan ADV Acquires 193 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Nissay Asset Management Corp Japan ADV grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,843 shares of the company’s stock after purchasing an additional 193 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Church & Dwight were worth $3,268,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. YANKCOM Partnership bought a new stake in shares of Church & Dwight in the 4th quarter worth $25,000. Strategic Financial Concepts LLC bought a new stake in shares of Church & Dwight in the 4th quarter worth $39,000. Bernard Wealth Management Corp. bought a new stake in shares of Church & Dwight in the 4th quarter worth $40,000. Bank of Jackson Hole Trust bought a new stake in shares of Church & Dwight in the 4th quarter worth $43,000. Finally, Banque Transatlantique SA bought a new stake in shares of Church & Dwight in the 4th quarter worth $46,000. Institutional investors own 86.60% of the company’s stock.

Insider Activity

In other Church & Dwight news, CEO Richard A. Dierker acquired 7,950 shares of the stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average cost of $94.66 per share, for a total transaction of $752,547.00. Following the completion of the transaction, the chief executive officer now directly owns 16,358 shares of the company’s stock, valued at approximately $1,548,448.28. The trade was a 94.55% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the completion of the transaction, the executive vice president now owns 10,497 shares in the company, 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. Insiders have sold 80,230 shares of company stock worth $8,903,734 over the last ninety days. Corporate insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CHD shares. TD Cowen downgraded Church & Dwight from a “buy” rating to a “hold” rating and set a $100.00 price target on the stock. in a research note on Tuesday, May 6th. JPMorgan Chase & Co. dropped their price target on Church & Dwight from $106.00 to $98.00 and set an “underweight” rating on the stock in a research note on Friday, April 11th. Bank of America upgraded Church & Dwight from a “neutral” rating to a “buy” rating and raised their price target for the stock from $112.00 to $125.00 in a research note on Tuesday, April 15th. Stifel Nicolaus raised their price target on Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd. Finally, Truist Financial raised 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. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $109.13.

Church & Dwight Price Performance

NYSE CHD opened at $95.92 on Friday. The company has a market capitalization of $23.62 billion, a PE ratio of 40.47, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. 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 business’s fifty day moving average is $102.30 and its 200 day moving average is $105.26. Church & Dwight Co., Inc. has a fifty-two week low of $90.99 and a fifty-two week high of $116.46.

Church & Dwight (NYSE:CHD) last released its earnings results on Thursday, May 1st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.02. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.52 billion. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. Church & Dwight’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.96 earnings per share. Sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be given a $0.295 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.23%. Church & Dwight’s payout ratio is 50.64%.

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.