KBC Group NV Increases Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

KBC Group NV boosted its stake in Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 58.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 56,587 shares of the company’s stock after buying an additional 20,869 shares during the quarter. KBC Group NV’s holdings in Church & Dwight were worth $5,351,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CHD. Kestra Private Wealth Services LLC lifted its stake in Church & Dwight by 28.4% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 4,306 shares of the company’s stock valued at $395,000 after buying an additional 952 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in Church & Dwight by 10.0% in the 3rd quarter. Avantax Advisory Services Inc. now owns 11,237 shares of the company’s stock valued at $1,030,000 after buying an additional 1,025 shares in the last quarter. Atria Wealth Solutions Inc. lifted its stake in Church & Dwight by 5.5% in the 3rd quarter. Atria Wealth Solutions Inc. now owns 10,046 shares of the company’s stock valued at $920,000 after buying an additional 524 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Church & Dwight by 1.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 151,917 shares of the company’s stock valued at $13,921,000 after acquiring an additional 2,118 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in Church & Dwight by 24.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 6,255 shares of the company’s stock valued at $573,000 after acquiring an additional 1,248 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Down 0.4 %

Shares of NYSE CHD opened at $107.71 on Thursday. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $108.68. The company has a market cap of $26.34 billion, a P/E ratio of 34.19, a P/E/G ratio of 3.53 and a beta of 0.51. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. The stock has a fifty day moving average price of $105.33 and a 200 day moving average price of $100.40.

Church & Dwight (NYSE:CHDGet Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.85 EPS. Research analysts anticipate that Church & Dwight Co., Inc. will post 3.46 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were given a $0.2838 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.05%. Church & Dwight’s payout ratio is currently 35.87%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP Michael Read sold 4,500 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $105.00, for a total transaction of $472,500.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction dated 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 transaction, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $451,551.45. The disclosure for this sale can be found here. Insiders sold a total of 315,968 shares of company stock valued at $32,867,100 in the last ninety days. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Bank of America boosted their price target on Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a report on Monday, April 15th. Truist Financial boosted their price target on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft boosted their price target on Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Argus upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a report on Friday, February 23rd. Finally, The Goldman Sachs Group assumed coverage on Church & Dwight in a report on Friday, March 1st. They set a “buy” rating and a $110.00 price objective for the company. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight currently has an average rating of “Hold” and an average target price of $105.56.

Read Our Latest Analysis on Church & Dwight

About Church & Dwight

(Free Report)

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.

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Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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