Intrust Bank NA Has $1.03 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Intrust Bank NA grew its position in Church & Dwight Co., Inc. (NYSE:CHD) by 1.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,828 shares of the company’s stock after purchasing an additional 129 shares during the period. Intrust Bank NA’s holdings in Church & Dwight were worth $1,029,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CHD. Allstate Corp acquired a new position in Church & Dwight in the fourth quarter worth approximately $776,000. DnB Asset Management AS grew its position in Church & Dwight by 5.8% in the fourth quarter. DnB Asset Management AS now owns 49,817 shares of the company’s stock worth $5,216,000 after acquiring an additional 2,744 shares in the last quarter. Level Four Advisory Services LLC increased its stake in shares of Church & Dwight by 7.1% during the 4th quarter. Level Four Advisory Services LLC now owns 69,258 shares of the company’s stock worth $7,252,000 after purchasing an additional 4,572 shares during the last quarter. Orion Portfolio Solutions LLC raised its holdings in shares of Church & Dwight by 11.0% during the 4th quarter. Orion Portfolio Solutions LLC now owns 13,024 shares of the company’s stock valued at $1,364,000 after purchasing an additional 1,291 shares in the last quarter. Finally, Pictet Asset Management Holding SA lifted its stake in shares of Church & Dwight by 14.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 153,151 shares of the company’s stock valued at $16,036,000 after purchasing an additional 19,138 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Trading Up 0.7 %

Shares of CHD stock opened at $109.14 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The firm has a fifty day moving average of $107.65 and a 200-day moving average of $105.93. 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 cap of $26.86 billion, a price-to-earnings ratio of 46.05, a P/E/G ratio of 3.32 and a beta of 0.57.

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

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 1.08%. This is a boost 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 is 49.79%.

Insiders Place Their Bets

In other Church & Dwight news, EVP Rene Hemsey sold 11,060 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were 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 directly owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 10,497 shares of the company’s stock, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock worth $7,538,449 over the last three months. 2.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

CHD has been the topic of several analyst reports. Royal Bank of Canada reissued a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Barclays raised their price objective on Church & Dwight from $93.00 to $97.00 and gave the company an “underweight” rating in a research note on Thursday. JPMorgan Chase & Co. lowered their price target on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a report on Friday, February 21st. Stifel Nicolaus boosted their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd. Finally, Truist Financial raised their target price 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. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and an average target price of $111.81.

Church & Dwight Company 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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.