Rafferty Asset Management LLC Increases Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Rafferty Asset Management LLC increased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,118 shares of the company’s stock after purchasing an additional 790 shares during the quarter. Rafferty Asset Management LLC’s holdings in Church & Dwight were worth $1,808,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Chilton Capital Management LLC lifted its stake in Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares in the last quarter. Annapolis Financial Services LLC lifted its position in shares of Church & Dwight by 2,087.5% in the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after buying an additional 334 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Church & Dwight by 383.8% during the fourth quarter. Jones Financial Companies Lllp now owns 387 shares of the company’s stock valued at $37,000 after buying an additional 307 shares during the last quarter. McGlone Suttner Wealth Management Inc. purchased a new position in Church & Dwight during the 4th quarter valued at approximately $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its stake in Church & Dwight by 74.7% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock worth $65,000 after acquiring an additional 293 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other news, Director Robert K. Shearer sold 13,200 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total transaction of $1,403,952.00. Following the sale, the director now owns 29,108 shares in the company, valued at $3,095,926.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 20,000 shares of the business’s stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $107.67, for a total transaction of $2,153,400.00. Following the sale, the director now owns 13,793 shares in the company, valued at approximately $1,485,092.31. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert K. Shearer sold 13,200 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total value of $1,403,952.00. Following the completion of the transaction, the director now owns 29,108 shares of the company’s stock, valued at $3,095,926.88. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 50,878 shares of company stock worth $5,412,719. 2.00% of the stock is owned by insiders.

Church & Dwight Stock Up 0.3 %

Church & Dwight stock opened at $107.72 on Tuesday. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $108.68. The business has a fifty day moving average of $105.52 and a two-hundred day moving average of $100.76. The firm has a market cap of $26.34 billion, a P/E ratio of 34.20, a P/E/G ratio of 3.50 and a beta of 0.51. The company has a quick ratio of 0.82, a current ratio of 1.33 and a debt-to-equity ratio of 0.54.

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

Church & Dwight Dividend Announcement

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

Wall Street Analyst Weigh In

CHD has been the subject of a number of research reports. Truist Financial increased their target price on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, May 3rd. The Goldman Sachs Group began coverage on shares of Church & Dwight in a report on Friday, March 1st. They issued a “buy” rating and a $110.00 target price on the stock. Oppenheimer increased their price target on shares of Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday, April 23rd. Evercore ISI boosted their price objective on Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research note on Friday, May 3rd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $105.56.

Read Our Latest Stock Analysis on Church & Dwight

Church & Dwight Company Profile

(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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