Church & Dwight Co., Inc. (NYSE:CHD) Position Lowered by Enterprise Financial Services Corp

Enterprise Financial Services Corp decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,342 shares of the company’s stock after selling 134 shares during the period. Enterprise Financial Services Corp’s holdings in Church & Dwight were worth $559,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. YANKCOM Partnership acquired a new stake in Church & Dwight during the fourth quarter worth about $25,000. Capital Performance Advisors LLP acquired a new stake in Church & Dwight during the third quarter worth about $27,000. Ashton Thomas Securities LLC acquired a new stake in Church & Dwight during the third quarter worth about $28,000. Versant Capital Management Inc raised its stake in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after acquiring an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new stake in Church & Dwight during the fourth quarter worth about $39,000. Institutional investors own 86.60% of the company’s stock.

Insiders Place Their Bets

In related news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the transaction, the director now directly owns 32,500 shares of the company’s stock, valued at $3,448,575. This trade represents a 23.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Michael Read purchased 1,100 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the acquisition, the executive vice president now directly owns 2,505 shares in the company, valued at $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 10,002 shares of company stock worth $1,061,315 in the last ninety days. Insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CHD shares. Stifel Nicolaus increased their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Truist Financial raised their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. dropped their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research note on Friday, February 21st. Finally, Barclays raised their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $111.56.

Church & Dwight Stock Up 1.4 %

CHD stock opened at $112.48 on Friday. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $114.60. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The company has a market cap of $27.67 billion, a price-to-earnings ratio of 47.46, a PEG ratio of 3.32 and a beta of 0.57. The company has a 50 day moving average of $106.23 and a two-hundred day moving average of $105.38.

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

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend was 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%.

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.