Nicholson Wealth Management Group LLC Acquires 7,642 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Nicholson Wealth Management Group LLC raised its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 110.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,590 shares of the company’s stock after acquiring an additional 7,642 shares during the quarter. Nicholson Wealth Management Group LLC’s holdings in Church & Dwight were worth $1,528,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. YANKCOM Partnership purchased a new position in shares of Church & Dwight during the 4th quarter valued at $25,000. Capital Performance Advisors LLP purchased a new position in shares of Church & Dwight during the 3rd quarter valued at $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Church & Dwight during the 3rd quarter valued at $28,000. Versant Capital Management Inc grew its position in shares of 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 purchasing an additional 184 shares in the last quarter. Finally, Bank of Jackson Hole Trust purchased a new position in shares of Church & Dwight during the 4th quarter valued at $43,000. Institutional investors own 86.60% of the company’s stock.

Analyst Upgrades and Downgrades

CHD has been the subject of a number of recent analyst reports. Piper Sandler reduced their price target 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. Stifel Nicolaus boosted their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, February 3rd. Wells Fargo & Company boosted their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, TD Cowen upped their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Church & Dwight currently has an average rating of “Hold” and an average target price of $111.53.

Church & Dwight Stock Performance

NYSE CHD opened at $104.36 on Friday. The company has a 50-day simple moving average of $105.38 and a two-hundred day simple moving average of $104.66. 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 12-month low of $96.35 and a 12-month high of $113.50. The firm has a market cap of $25.67 billion, a price-to-earnings ratio of 44.03, a PEG ratio of 3.32 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting 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 quarter last year, the business earned $0.65 earnings per share. On average, equities 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 will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.13%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 14th. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Rick Spann sold 39,520 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the completion of the transaction, the executive vice president now directly owns 4,973 shares of the company’s stock, valued at approximately $556,976. This represents a 88.82 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the transaction, the director now directly owns 32,500 shares of the company’s stock, valued at approximately $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 49,522 shares of company stock worth $5,487,555 over the last three months. Company insiders own 2.00% of the company’s stock.

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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.