Church & Dwight Co., Inc. (NYSE:CHD) Stock Position Trimmed by Mark Sheptoff Financial Planning LLC

Mark Sheptoff Financial Planning LLC lowered its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 50.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,100 shares of the company’s stock after selling 1,100 shares during the quarter. Mark Sheptoff Financial Planning LLC’s holdings in Church & Dwight were worth $115,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. YANKCOM Partnership acquired a new stake in shares of Church & Dwight during the 4th quarter valued at $25,000. Versant Capital Management Inc increased its position in Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after purchasing an additional 184 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in Church & Dwight during the fourth quarter valued at approximately $39,000. Bank of Jackson Hole Trust acquired a new stake in shares of Church & Dwight in the 4th quarter valued at $43,000. Finally, Golden State Wealth Management LLC bought a new stake in shares of Church & Dwight during the 4th quarter worth about $51,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on CHD. Truist Financial boosted their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. Barclays boosted their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 4th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Piper Sandler cut their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. lowered their price target on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research report on Friday, February 21st. Two equities research 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’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $111.56.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the sale, the executive vice president now directly owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 value of $6,322,069.80. Following the completion of the transaction, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at approximately $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 a total of 65,570 shares of company stock valued at $7,538,449 over the last quarter. 2.00% of the stock is owned by company insiders.

Church & Dwight Price Performance

Shares of CHD stock opened at $104.66 on Wednesday. Church & Dwight Co., Inc. has a 12 month low of $96.35 and a 12 month high of $116.46. The company has a market capitalization of $25.74 billion, a P/E ratio of 44.16, a P/E/G ratio of 3.32 and a beta of 0.57. The stock has a 50 day moving average of $107.49 and a two-hundred day moving average of $105.89. 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 issued its earnings results on Friday, January 31st. The company reported $0.77 EPS 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 in the previous year, the company earned $0.65 earnings per share. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently announced 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 is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight’s payout ratio is 49.79%.

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.