Thompson Investment Management Inc. Purchases 800 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Thompson Investment Management Inc. increased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2,051.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 839 shares of the company’s stock after acquiring an additional 800 shares during the quarter. Thompson Investment Management Inc.’s holdings in Church & Dwight were worth $88,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC lifted its holdings in shares of Church & Dwight by 2.8% during the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock valued at $382,000 after purchasing an additional 99 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in Church & Dwight by 0.3% in the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock valued at $3,358,000 after buying an additional 104 shares during the last quarter. HCR Wealth Advisors boosted its holdings in Church & Dwight by 0.9% in the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after acquiring an additional 106 shares in the last quarter. Kingsview Wealth Management LLC grew its stake in shares of Church & Dwight by 3.3% during the third quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company’s stock worth $353,000 after acquiring an additional 107 shares during the last quarter. Finally, Citizens Financial Group Inc. RI increased its holdings in shares of Church & Dwight by 2.1% during the third quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company’s stock valued at $577,000 after acquiring an additional 113 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

In other news, EVP Michael Read bought 1,100 shares of Church & Dwight stock in a transaction on 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 directly owns 2,505 shares of the company’s stock, valued at $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $106.11, for a total value of $1,061,100.00. Following the completion of the transaction, the director now owns 32,500 shares in the company, valued at approximately $3,448,575. This trade represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 115,622 shares of company stock valued at $12,842,559 in the last three months. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Stock Performance

CHD opened at $105.05 on Monday. The firm has a fifty day moving average price of $105.87 and a 200 day moving average price of $104.36. Church & Dwight Co., Inc. has a 1 year low of $96.09 and a 1 year high of $113.50. The stock has a market cap of $25.74 billion, a P/E ratio of 44.32, a P/E/G ratio of 3.35 and a beta of 0.59. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share 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 company earned $0.65 earnings per share. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

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

Wall Street Analyst Weigh In

CHD has been the subject of a number of recent analyst reports. Stifel Nicolaus lifted their target price 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. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. TD Cowen upped their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Truist Financial lifted their price target on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Finally, Piper Sandler cut their price objective on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $111.53.

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.