Amundi Increases Position in Church & Dwight Co., Inc. (NYSE:CHD)

Amundi grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 13.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,833,603 shares of the company’s stock after purchasing an additional 220,829 shares during the quarter. Amundi owned about 0.75% of Church & Dwight worth $188,073,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. YANKCOM Partnership acquired a new position in Church & Dwight during the fourth quarter worth $25,000. Capital Performance Advisors LLP purchased a new position in shares of Church & Dwight during the 3rd quarter worth $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Church & Dwight during the 3rd quarter valued at about $28,000. Versant Capital Management Inc grew its holdings in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of Church & Dwight in the fourth quarter valued at about $39,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $106.11, for a total transaction 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael Read acquired 1,100 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was acquired at an average price of $106.82 per share, for a total transaction of $117,502.00. Following 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 sold 10,002 shares of company stock worth $1,061,315 in the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Stock Performance

Shares of CHD stock opened at $112.48 on Monday. The firm has a 50 day moving average of $106.23 and a two-hundred day moving average of $105.40. The stock has a market capitalization of $27.67 billion, a PE ratio of 47.46, a P/E/G ratio of 3.32 and a beta of 0.57. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 52 week low of $96.35 and a 52 week high of $114.60.

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, meeting 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 period last year, the firm earned $0.65 earnings per share. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS 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 is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. This represents a $1.18 annualized dividend and a yield of 1.05%. Church & Dwight’s dividend payout ratio (DPR) is 49.79%.

Wall Street Analysts Forecast Growth

CHD has been the topic of several recent analyst reports. Barclays boosted their target price on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a report on Tuesday, February 4th. Piper Sandler decreased 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. Stifel Nicolaus raised their target price on 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 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Finally, Truist Financial raised their price objective on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $111.56.

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.