Impact Capital Partners LLC Takes $361,000 Position in Church & Dwight Co., Inc. (NYSE:CHD)

Impact Capital Partners LLC bought a new position in Church & Dwight Co., Inc. (NYSE:CHD) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,448 shares of the company’s stock, valued at approximately $361,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CHD. YANKCOM Partnership acquired a new position in shares of Church & Dwight in the fourth quarter worth about $25,000. Ashton Thomas Securities LLC acquired a new position in shares of Church & Dwight in the third quarter worth about $28,000. Versant Capital Management Inc boosted 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 worth $28,000 after buying an additional 184 shares during the period. Strategic Financial Concepts LLC acquired a new position in shares of Church & Dwight in the fourth quarter worth about $39,000. Finally, Bank of Jackson Hole Trust acquired a new position in shares of Church & Dwight in the fourth quarter worth about $43,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares in the company, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Michael Read acquired 1,100 shares of the stock in a transaction dated Monday, December 16th. The stock was bought at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the purchase, the executive vice president now owns 2,505 shares of the company’s stock, valued at $267,584.10. The trade was a 78.29 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 75,570 shares of company stock worth $8,599,549. Insiders own 1.40% of the company’s stock.

Church & Dwight Price Performance

Shares of CHD opened at $109.51 on Friday. The firm has a market cap of $26.94 billion, a PE ratio of 46.21, a PEG ratio of 3.32 and a beta of 0.57. The firm’s 50 day moving average price is $106.75 and its 200 day moving average price is $105.60. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results 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 period last year, the business earned $0.65 EPS. As a group, research analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a $0.295 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.08%. Church & Dwight’s dividend payout ratio (DPR) is presently 49.79%.

Wall Street Analyst Weigh In

Several research analysts have commented on CHD shares. Piper Sandler decreased their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Barclays raised their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a report on Tuesday, February 4th. Stifel Nicolaus raised their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. decreased their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a report on Friday, February 21st. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $111.56.

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.