Crestwood Advisors Group LLC Has $11.46 Million Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Crestwood Advisors Group LLC reduced its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 109,404 shares of the company’s stock after selling 570 shares during the period. Crestwood Advisors Group LLC’s holdings in Church & Dwight were worth $11,456,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Amalgamated Bank raised its position in Church & Dwight by 0.8% in the 3rd quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock valued at $5,242,000 after buying an additional 394 shares during the last quarter. Board of the Pension Protection Fund purchased a new stake in shares of Church & Dwight in the fourth quarter valued at about $639,000. Oddo BHF Asset Management Sas bought a new position in shares of Church & Dwight during the third quarter valued at about $5,934,000. Citigroup Inc. boosted its holdings in Church & Dwight by 9.1% during the third 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 last quarter. Finally, Financial Enhancement Group LLC grew its position in Church & Dwight by 456.2% in the 4th quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company’s stock worth $6,232,000 after purchasing an additional 49,693 shares in the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on CHD. Piper Sandler dropped their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Wells Fargo & Company lifted their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. JPMorgan Chase & Co. reduced their price objective on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research note on Friday. Truist Financial raised their target price on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Finally, TD Cowen boosted their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Church & Dwight currently has an average rating of “Hold” and an average target price of $111.47.

Church & Dwight Trading Up 0.9 %

NYSE:CHD opened at $105.40 on Monday. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $113.50. The stock’s fifty day moving average price is $105.35 and its two-hundred day moving average price is $104.74. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The company has a market cap of $25.93 billion, a P/E ratio of 44.47, a P/E/G ratio of 3.32 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same period in the prior year, the company posted $0.65 earnings per share. As a group, analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is 49.79%.

Insider Buying and Selling at Church & Dwight

In related news, EVP Rick Spann sold 39,520 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the transaction, the executive vice president now directly owns 4,973 shares of the company’s stock, valued at approximately $556,976. This trade represents a 88.82 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Michael Read acquired 1,100 shares of the stock in a transaction dated Monday, December 16th. The stock was acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the acquisition, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. The trade was a 78.29 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 49,522 shares of company stock valued at $5,487,555 in the last 90 days. Corporate insiders own 2.00% of the company’s stock.

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