PFG Investments LLC Increases Position in Church & Dwight Co., Inc. (NYSE:CHD)

PFG Investments LLC boosted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 24.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,851 shares of the company’s stock after purchasing an additional 942 shares during the period. PFG Investments LLC’s holdings in Church & Dwight were worth $506,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Game Plan Financial Advisors LLC purchased a new position in shares of Church & Dwight during the 1st quarter worth $26,000. Roble Belko & Company Inc purchased a new position in Church & Dwight in the first quarter worth approximately $31,000. Chilton Capital Management LLC increased its holdings in shares of Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares during the last quarter. Creekmur Asset Management LLC acquired a new position in Church & Dwight in the fourth quarter valued at $32,000. Finally, Annapolis Financial Services LLC grew its stake in Church & Dwight by 2,087.5% during the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after buying an additional 334 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CHD. UBS Group upped their price target on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research note on Monday, February 5th. TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a report on Friday, February 2nd. The Goldman Sachs Group began coverage on Church & Dwight in a research note on Friday, March 1st. They issued a “buy” rating and a $110.00 price objective for the company. Bank of America boosted their price objective on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research report on Monday, April 15th. Finally, Truist Financial upped their price target on shares of Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Church & Dwight presently has an average rating of “Hold” and an average price target of $104.07.

Insiders Place Their Bets

In other news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total transaction of $930,041.60. Following the sale, the executive vice president now directly owns 6,373 shares in the company, valued at approximately $638,702.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the transaction, the executive vice president now owns 6,373 shares in the company, valued at approximately $638,702.06. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The disclosure for this sale can be found here. Insiders sold a total of 373,052 shares of company stock valued at $38,603,796 over the last 90 days. 1.40% of the stock is owned by company insiders.

Church & Dwight Stock Up 0.6 %

CHD traded up $0.59 on Monday, reaching $106.91. The company’s stock had a trading volume of 1,544,500 shares, compared to its average volume of 1,277,947. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. Church & Dwight Co., Inc. has a 1 year low of $82.25 and a 1 year high of $108.10. The business’s 50 day moving average is $103.10 and its 200 day moving average is $97.38. The stock has a market cap of $26.08 billion, a price-to-earnings ratio of 35.17, a price-to-earnings-growth ratio of 3.55 and a beta of 0.53.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.65. The business had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.51 billion. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.62 EPS. As a group, research analysts forecast that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were paid a dividend of $0.2838 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 annualized dividend and a yield of 1.06%. Church & Dwight’s dividend payout ratio (DPR) is 37.17%.

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.