Capital International Inc. CA boosted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 7.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 252,675 shares of the company’s stock after acquiring an additional 17,276 shares during the period. Capital International Inc. CA owned 0.11% of Church & Dwight worth $22,142,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. True Wealth Design LLC lifted its stake in shares of Church & Dwight by 935.5% in the 3rd quarter. True Wealth Design LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 290 shares during the period. Ameriflex Group Inc. grew its stake in shares of Church & Dwight by 101.3% during the third quarter. Ameriflex Group Inc. now owns 322 shares of the company’s stock worth $28,000 after purchasing an additional 162 shares during the period. CVA Family Office LLC grew its stake in shares of Church & Dwight by 58.1% during the third quarter. CVA Family Office LLC now owns 332 shares of the company’s stock worth $29,000 after purchasing an additional 122 shares during the period. First Horizon Corp bought a new stake in Church & Dwight in the third quarter valued at about $32,000. Finally, Winnow Wealth LLC bought a new stake in Church & Dwight in the third quarter valued at about $46,000. Institutional investors own 86.60% of the company’s stock.
Church & Dwight Stock Performance
CHD stock opened at $101.11 on Wednesday. Church & Dwight Co., Inc. has a 1-year low of $81.33 and a 1-year high of $113.91. The company has a current ratio of 1.07, a quick ratio of 0.71 and a debt-to-equity ratio of 0.55. The firm has a market cap of $23.93 billion, a PE ratio of 33.48, a P/E/G ratio of 3.76 and a beta of 0.45. The business’s 50-day moving average price is $95.77 and its two-hundred day moving average price is $90.21.
Church & Dwight Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were paid a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, February 13th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.30. Church & Dwight’s dividend payout ratio (DPR) is currently 40.73%.
Insider Buying and Selling
In other Church & Dwight news, Director Janet S. Vergis sold 12,960 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $101.00, for a total transaction of $1,308,960.00. Following the sale, the director directly owned 17,102 shares in the company, valued at approximately $1,727,302. This trade represents a 43.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.20% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on CHD shares. Evercore raised their target price on Church & Dwight from $101.00 to $103.00 and gave the stock an “in-line” rating in a report on Monday, February 2nd. UBS Group set a $92.00 price target on Church & Dwight and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Church & Dwight in a research report on Monday, December 22nd. Rothschild & Co Redburn set a $91.00 price objective on shares of Church & Dwight and gave the stock a “neutral” rating in a research note on Friday, February 13th. Finally, Argus decreased their price objective on shares of Church & Dwight from $110.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, December 4th. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $101.88.
Get Our Latest Research Report on Church & Dwight
About Church & Dwight
Church & Dwight Co, Inc is a U.S.-based consumer products company best known for its Arm & Hammer baking soda business. Founded in 1846 with the manufacture and marketing of sodium bicarbonate, the company has grown into a diversified maker and marketer of household, personal care and specialty products. Church & Dwight is publicly traded on the New York Stock Exchange under the ticker CHD and is headquartered in Ewing, New Jersey.
The company’s portfolio spans a range of categories including household cleaning and laundry, oral care, personal care, sexual wellness and health & wellness.
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