Bank of Jackson Hole Trust Takes $43,000 Position in Church & Dwight Co., Inc. (NYSE:CHD)

Bank of Jackson Hole Trust acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 409 shares of the company’s stock, valued at approximately $43,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Amalgamated Bank increased its position in Church & Dwight by 0.8% in the third quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock worth $5,242,000 after purchasing an additional 394 shares during the last quarter. Board of the Pension Protection Fund purchased a new stake in shares of Church & Dwight during the fourth quarter valued at $639,000. Oddo BHF Asset Management Sas purchased a new stake in Church & Dwight in the third quarter worth about $5,934,000. Citigroup Inc. lifted its stake in Church & Dwight by 9.1% in the third quarter. Citigroup Inc. now owns 337,738 shares of the company’s stock worth $35,368,000 after acquiring an additional 28,129 shares during the period. Finally, Financial Enhancement Group LLC lifted its stake in Church & Dwight by 456.2% in the fourth quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company’s stock worth $6,232,000 after acquiring an additional 49,693 shares during the period. Institutional investors own 86.60% of the company’s stock.

Insiders Place Their Bets

In other Church & Dwight news, EVP Rick Spann sold 39,520 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $112.00, for a total value of $4,426,240.00. Following the sale, the executive vice president now owns 4,973 shares in the company, valued at approximately $556,976. This represents a 88.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the completion of the sale, the director now owns 32,500 shares in the company, valued at approximately $3,448,575. This represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 49,522 shares of company stock worth $5,487,555. Corporate insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on CHD. Royal Bank of Canada reissued a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research report on Monday, February 3rd. Truist Financial increased their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Wells Fargo & Company upped their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Finally, Piper Sandler cut their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $111.53.

Church & Dwight Price Performance

Shares of NYSE:CHD opened at $104.36 on Friday. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $113.50. The company’s 50 day moving average is $105.38 and its 200 day moving average is $104.66. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The company has a market cap of $25.67 billion, a PE ratio of 44.03, a price-to-earnings-growth ratio of 3.30 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results 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 net margin of 9.58% and a return on equity of 20.03%. During the same period in the prior year, the firm posted $0.65 EPS. 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 business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.13%. The ex-dividend date is Friday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio is currently 49.79%.

Church & Dwight 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, 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.