International Assets Investment Management LLC Takes $23.25 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

International Assets Investment Management LLC purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 24,586 shares of the company’s stock, valued at approximately $23,250,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Chilton Capital Management LLC increased its position in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after buying an additional 110 shares during the period. Koesten Hirschmann & Crabtree INC. bought a new stake in shares of Church & Dwight during the third quarter valued at about $38,000. PSI Advisors LLC bought a new stake in shares of Church & Dwight during the third quarter valued at about $39,000. ST Germain D J Co. Inc. bought a new stake in shares of Church & Dwight during the second quarter valued at about $59,000. Finally, Money Concepts Capital Corp increased its position in shares of Church & Dwight by 468.2% during the fourth quarter. Money Concepts Capital Corp now owns 625 shares of the company’s stock valued at $50,000 after buying an additional 515 shares during the period. 86.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the transaction, the executive vice president now owns 4,319 shares of the company’s stock, valued at $451,551.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the transaction, the executive vice president now owns 4,319 shares of the company’s stock, valued at $451,551.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael Read sold 4,500 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were 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 373,052 shares of company stock valued at $38,603,796 over the last quarter. 1.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on CHD shares. Oppenheimer upped their price objective on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, February 5th. The Goldman Sachs Group started coverage on shares of Church & Dwight in a research report on Friday, March 1st. They issued a “buy” rating and a $110.00 price objective on the stock. Truist Financial upped their price objective on shares of Church & Dwight from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Bank of America upgraded shares of Church & Dwight from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $85.00 to $100.00 in a research report on Friday, December 15th. Finally, Argus upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research report on Friday, February 23rd. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Church & Dwight has a consensus rating of “Hold” and an average price target of $102.80.

Church & Dwight Stock Performance

NYSE:CHD opened at $102.58 on Thursday. The firm has a market cap of $25.02 billion, a PE ratio of 33.74, a price-to-earnings-growth ratio of 3.49 and a beta of 0.53. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $105.67. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08. The business has a 50 day moving average price of $101.66 and a 200-day moving average price of $96.02.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.65. The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.62 earnings per share. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were paid a $0.2838 dividend. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.11%. Church & Dwight’s dividend payout ratio (DPR) is presently 37.17%.

Church & Dwight Company 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.