McCollum Christoferson Group LLC Sells 290 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

McCollum Christoferson Group LLC reduced its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 82,730 shares of the company’s stock after selling 290 shares during the period. Church & Dwight makes up approximately 2.6% of McCollum Christoferson Group LLC’s holdings, making the stock its 16th biggest holding. McCollum Christoferson Group LLC’s holdings in Church & Dwight were worth $8,663,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Lake Street Advisors Group LLC lifted its position in Church & Dwight by 3.7% in the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock valued at $282,000 after acquiring an additional 97 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Church & Dwight by 2.8% in the third quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock valued at $382,000 after purchasing an additional 99 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of Church & Dwight by 0.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock worth $2,199,000 after buying an additional 103 shares during the period. Whittier Trust Co. grew its holdings in shares of Church & Dwight by 3.2% during the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock worth $345,000 after buying an additional 103 shares in the last quarter. Finally, HCR Wealth Advisors raised its position in Church & Dwight by 0.9% in the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock valued at $1,231,000 after buying an additional 106 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling

In related news, EVP Rene Hemsey sold 11,060 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the transaction, the executive vice president now directly owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. This trade represents a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the sale, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at $1,217,442.06. This represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 65,570 shares of company stock valued at $7,538,449. Insiders own 2.00% of the company’s stock.

Church & Dwight Trading Down 1.0 %

CHD stock opened at $107.04 on Monday. Church & Dwight Co., Inc. has a one year low of $96.35 and a one year high of $116.46. The stock has a market cap of $26.33 billion, a price-to-earnings ratio of 45.16, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57. The company has a fifty day moving average price of $107.42 and a two-hundred day moving average price of $105.88. 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 (NYSE:CHD) last announced its earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting the consensus estimate 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 business posted $0.65 earnings per share. Equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.10%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is 49.79%.

Wall Street Analysts Forecast Growth

CHD has been the subject of several research reports. 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 research note on Friday, February 21st. Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Piper Sandler reduced their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Truist Financial lifted their target price on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Finally, Barclays increased their price target on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $111.56.

About Church & Dwight

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.