Church & Dwight Co., Inc. (NYSE:CHD) Stock Holdings Lifted by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. raised its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 0.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,610 shares of the company’s stock after buying an additional 211 shares during the period. Pittenger & Anderson Inc.’s holdings in Church & Dwight were worth $8,231,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Sanctuary Advisors LLC raised its stake in Church & Dwight by 1.7% during the 4th quarter. Sanctuary Advisors LLC now owns 28,898 shares of the company’s stock valued at $3,096,000 after purchasing an additional 491 shares during the period. Principal Financial Group Inc. raised its stake in Church & Dwight by 19.2% during the 4th quarter. Principal Financial Group Inc. now owns 716,004 shares of the company’s stock valued at $74,973,000 after purchasing an additional 115,499 shares during the period. Financiere des Professionnels Fonds d investissement inc. raised its stake in Church & Dwight by 2.4% during the 4th quarter. Financiere des Professionnels Fonds d investissement inc. now owns 109,455 shares of the company’s stock valued at $11,461,000 after purchasing an additional 2,571 shares during the period. Strategic Financial Concepts LLC acquired a new stake in Church & Dwight during the 4th quarter valued at $39,000. Finally, Allworth Financial LP raised its stake in Church & Dwight by 5.6% during the 4th quarter. Allworth Financial LP now owns 4,211 shares of the company’s stock valued at $449,000 after purchasing an additional 224 shares during the period. Institutional investors own 86.60% of the company’s stock.

Insider Activity at Church & Dwight

In related news, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the transaction, the chief accounting officer now owns 400 shares of the company’s stock, valued at $44,976. This represents a 95.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Michael Read purchased 1,100 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was acquired at an average cost of $106.82 per share, with a total value of $117,502.00. Following the transaction, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 102,422 shares of company stock worth $11,424,351. Company insiders own 2.00% of the company’s stock.

Church & Dwight Stock Down 2.2 %

CHD stock opened at $105.12 on Monday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a 52-week low of $96.35 and a 52-week high of $113.50. The company has a 50-day moving average of $105.48 and a two-hundred day moving average of $104.54. The stock has a market capitalization of $25.75 billion, a price-to-earnings ratio of 44.36, a price-to-earnings-growth ratio of 3.35 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter in the previous year, the business earned $0.65 earnings per share. As a group, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is presently 47.68%.

Wall Street Analyst Weigh In

Several analysts have issued reports on CHD shares. Piper Sandler cut their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. Wells Fargo & Company upped their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Truist Financial upped their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Finally, TD Cowen upped their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight presently has a consensus rating of “Hold” and an average price target of $111.53.

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.