HCR Wealth Advisors Boosts Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

HCR Wealth Advisors increased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 0.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 11,754 shares of the company’s stock after buying an additional 106 shares during the quarter. HCR Wealth Advisors’ holdings in Church & Dwight were worth $1,231,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Church & Dwight by 49.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 14,437 shares of the company’s stock valued at $1,512,000 after buying an additional 4,800 shares in the last quarter. Park Avenue Securities LLC boosted its position in shares of Church & Dwight by 27.9% in the fourth quarter. Park Avenue Securities LLC now owns 5,844 shares of the company’s stock valued at $612,000 after acquiring an additional 1,275 shares during the period. Kathmere Capital Management LLC grew its stake in Church & Dwight by 2.9% during the fourth quarter. Kathmere Capital Management LLC now owns 4,265 shares of the company’s stock valued at $447,000 after acquiring an additional 119 shares in the last quarter. Board of the Pension Protection Fund bought a new stake in Church & Dwight during the 4th quarter worth approximately $639,000. Finally, Oak Thistle LLC bought a new stake in Church & Dwight during the 4th quarter worth approximately $807,000. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Stock Performance

NYSE CHD opened at $103.38 on Thursday. The company has a 50-day simple moving average of $106.82 and a two-hundred day simple moving average of $104.04. Church & Dwight Co., Inc. has a 12-month low of $96.09 and a 12-month high of $113.50. The firm has a market cap of $25.33 billion, a price-to-earnings ratio of 46.36, a PEG ratio of 3.12 and a beta of 0.58. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. Church & Dwight’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.74 EPS. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s payout ratio is 50.67%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Piper Sandler boosted their price target on shares of Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Wells Fargo & Company lifted their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Barclays decreased their target price on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. TD Cowen lifted their price target on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $110.00.

Insider Activity at Church & Dwight

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the sale, the chief accounting officer now owns 400 shares in the company, valued at approximately $44,976. This trade represents a 95.11 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Rick Spann sold 39,520 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total value of $4,426,240.00. Following the transaction, the executive vice president now directly owns 4,973 shares in the company, valued at $556,976. This trade represents a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 593,035 shares of company stock worth $62,282,808 in the last three months. 1.40% of the stock is owned by insiders.

Church & Dwight Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.