Church & Dwight Co., Inc. (NYSE:CHD) Stock Holdings Lifted by Mattern Capital Management LLC

Mattern Capital Management LLC increased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 78,640 shares of the company’s stock after acquiring an additional 1,012 shares during the period. Mattern Capital Management LLC’s holdings in Church & Dwight were worth $8,234,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. YANKCOM Partnership acquired a new stake in shares of Church & Dwight in the 4th quarter worth about $25,000. Capital Performance Advisors LLP acquired a new stake in shares of Church & Dwight in the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight in the 3rd quarter worth about $28,000. Versant Capital Management Inc increased its holdings in shares of Church & Dwight by 224.4% in the 4th 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 shares of Church & Dwight in the 4th quarter worth about $39,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Stock Performance

Church & Dwight stock opened at $104.36 on Friday. The firm’s 50 day simple moving average is $105.38 and its 200-day simple moving average is $104.66. The company has a market cap of $25.67 billion, a P/E ratio of 44.03, a price-to-earnings-growth ratio of 3.32 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 Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week high of $113.50.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting 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 quarter in the prior year, the firm earned $0.65 EPS. As a group, equities research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The business 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 dividend of $0.295 per share. 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. This represents a $1.18 dividend on an annualized basis and a yield of 1.13%. Church & Dwight’s payout ratio is presently 49.79%.

Insider Activity at Church & Dwight

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business’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 sale, the director now directly owns 32,500 shares of the company’s stock, valued at $3,448,575. The trade was a 23.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Rick Spann sold 39,520 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the executive vice president now directly owns 4,973 shares of the company’s stock, valued at $556,976. This represents a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 49,522 shares of company stock valued at $5,487,555. Corporate insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on CHD. Barclays raised their target price 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. Piper Sandler lowered 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. JPMorgan Chase & Co. raised their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research note on Thursday, January 16th. Royal Bank of Canada reissued a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Finally, Wells Fargo & Company lifted their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $111.53.

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, 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.