M. Kraus & Co Has $10.70 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

M. Kraus & Co cut its position in Church & Dwight Co., Inc. (NYSE:CHD) by 0.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,163 shares of the company’s stock after selling 870 shares during the quarter. Church & Dwight comprises about 3.2% of M. Kraus & Co’s holdings, making the stock its 6th largest position. M. Kraus & Co’s holdings in Church & Dwight were worth $10,698,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in CHD. Amalgamated Bank raised its holdings in Church & Dwight by 0.8% during the 3rd quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock valued at $5,242,000 after acquiring an additional 394 shares during the period. Oddo BHF Asset Management Sas bought a new stake in shares of Church & Dwight during the 3rd quarter valued at $5,934,000. Hsbc Holdings PLC lifted its holdings in Church & Dwight by 12.4% during the 2nd quarter. Hsbc Holdings PLC now owns 803,588 shares of the company’s stock worth $83,249,000 after purchasing an additional 88,580 shares in the last quarter. Citigroup Inc. boosted its stake in Church & Dwight by 9.1% in the 3rd quarter. Citigroup Inc. now owns 337,738 shares of the company’s stock worth $35,368,000 after purchasing an additional 28,129 shares during the period. Finally, D. E. Shaw & Co. Inc. grew its holdings in Church & Dwight by 55.5% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 241,801 shares of the company’s stock valued at $25,070,000 after buying an additional 86,318 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Performance

NYSE:CHD opened at $105.20 on Wednesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. The business has a 50 day moving average price of $106.82 and a 200-day moving average price of $104.04. The firm has a market cap of $25.77 billion, a PE ratio of 47.17, a price-to-earnings-growth ratio of 3.86 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The company’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.74 EPS. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a dividend of $0.2838 per share. The ex-dividend date was Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.08%. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

Insider Activity at Church & Dwight

In related news, EVP Michael Read purchased 1,100 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.03, for a total value of $17,084,743.69. Following the transaction, the chief executive officer now owns 112,719 shares in the company, valued at $11,613,438.57. This trade represents a 59.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 593,035 shares of company stock worth $62,282,808 over the last quarter. 2.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CHD has been the subject of a number of analyst reports. Piper Sandler raised their price objective on shares of Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. TD Cowen boosted their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft increased their price objective on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. raised their price target on Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a report on Monday, November 4th. Finally, Wells Fargo & Company boosted their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $110.00.

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.