KFG Wealth Management LLC Has $561,000 Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

KFG Wealth Management LLC raised its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 11.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,357 shares of the company’s stock after buying an additional 546 shares during the quarter. KFG Wealth Management LLC’s holdings in Church & Dwight were worth $561,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Capital Performance Advisors LLP acquired a new position in Church & Dwight in the 3rd quarter valued at approximately $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Church & Dwight in the third quarter valued at $28,000. Versant Capital Management Inc lifted its position in 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 purchasing an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Church & Dwight during the second quarter worth $33,000. Finally, Kimelman & Baird LLC bought a new stake in Church & Dwight in the 2nd quarter valued at $46,000. 86.60% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CHD. Wells Fargo & Company lifted their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Barclays upped their price objective on Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research note on Friday, January 17th. Stifel Nicolaus cut their target price on Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a research report on Friday, January 17th. JPMorgan Chase & Co. boosted their price target on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research note on Thursday, January 16th. Finally, Piper Sandler increased their target price on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and a consensus price target of $110.61.

Insiders Place Their Bets

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the sale, the chief accounting officer now owns 400 shares of the company’s stock, valued at approximately $44,976. This represents a 95.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael Read purchased 1,100 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The shares were purchased at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the transaction, the executive vice president now owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 593,035 shares of company stock valued at $62,282,808. Company insiders own 2.00% of the company’s stock.

Church & Dwight Stock Up 0.0 %

NYSE CHD opened at $106.31 on Friday. The stock has a market capitalization of $26.05 billion, a P/E ratio of 47.67, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58. Church & Dwight Co., Inc. has a 52 week low of $96.09 and a 52 week high of $113.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The stock has a fifty day moving average of $106.71 and a 200-day moving average of $104.08.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period last year, the company earned $0.74 earnings per share. The company’s revenue was up 3.8% on a year-over-year basis. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were paid a $0.2838 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. Church & Dwight’s payout ratio is presently 50.67%.

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.