Generali Asset Management SPA SGR Acquires Shares of 44,546 Church & Dwight Co., Inc. (NYSE:CHD)

Generali Asset Management SPA SGR acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 44,546 shares of the company’s stock, valued at approximately $4,664,000.

Other hedge funds also recently bought and sold shares of the company. YANKCOM Partnership purchased a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $25,000. Versant Capital Management Inc grew its stake in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after buying an additional 184 shares during the period. Bank of Jackson Hole Trust purchased a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $43,000. Golden State Wealth Management LLC purchased a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $51,000. Finally, Endeavor Private Wealth Inc. purchased a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $84,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Activity

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the sale, the executive vice president now directly owns 10,497 shares in the company, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the sale, the executive vice president now owns 6,437 shares in the company, valued at $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 65,570 shares of company stock worth $7,538,449. 2.00% of the stock is currently owned by corporate insiders.

Church & Dwight Stock Performance

Shares of CHD stock opened at $107.33 on Wednesday. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 52 week low of $96.35 and a 52 week high of $116.46. The stock has a market capitalization of $26.40 billion, a PE ratio of 45.29, a P/E/G ratio of 3.32 and a beta of 0.57. The firm has a 50 day moving average of $107.08 and a two-hundred day moving average of $105.81.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting 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 previous year, the firm posted $0.65 earnings per share. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.10%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 49.79%.

Analysts Set New Price Targets

Several analysts have recently weighed in on CHD shares. 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 note on Monday, February 3rd. Piper Sandler lowered their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Barclays increased their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. lowered their price objective on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday, February 21st. Finally, Stifel Nicolaus increased their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $111.56.

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.