EntryPoint Capital LLC Takes Position in Church & Dwight Co., Inc. (NYSE:CHD)

EntryPoint Capital LLC acquired a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 4,176 shares of the company’s stock, valued at approximately $437,000.

Several other institutional investors have also recently added to or reduced their stakes in CHD. YANKCOM Partnership acquired a new stake in shares of Church & Dwight in the fourth quarter valued at $25,000. Versant Capital Management Inc grew its position in Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares in the last quarter. Bank of Jackson Hole Trust purchased a new stake in Church & Dwight during the fourth quarter worth about $43,000. Golden State Wealth Management LLC acquired a new stake in shares of Church & Dwight during the fourth quarter worth about $51,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Church & Dwight by 50.5% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 575 shares of the company’s stock valued at $60,000 after purchasing an additional 193 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $115.98, for a total value of $6,322,069.80. Following the transaction, the executive vice president now owns 10,497 shares of the company’s stock, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total value of $1,216,378.80. Following the sale, the executive vice president now directly owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 65,570 shares of company stock worth $7,538,449. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

CHD has been the topic of several recent research reports. Piper Sandler cut 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 note on Monday, February 3rd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. Barclays lifted their target price on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a report on Tuesday, February 4th. Stifel Nicolaus upped their price target on Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a report on Monday, February 3rd. Finally, JPMorgan Chase & Co. decreased 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, February 21st. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $111.56.

Church & Dwight Trading Down 2.1 %

NYSE CHD opened at $104.66 on Wednesday. Church & Dwight Co., Inc. has a 12 month low of $96.35 and a 12 month high of $116.46. The company has a market capitalization of $25.74 billion, a price-to-earnings ratio of 44.16, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57. 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 firm’s fifty day moving average price is $107.49 and its 200 day moving average price is $105.89.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting analysts’ consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter in the previous year, the company earned $0.65 EPS. On average, sell-side analysts expect 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 disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a $0.295 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Friday, February 14th. Church & Dwight’s dividend payout ratio is presently 49.79%.

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