Sustainable Insight Capital Management LLC Has $1.20 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Sustainable Insight Capital Management LLC decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 6.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,483 shares of the company’s stock after selling 817 shares during the period. Sustainable Insight Capital Management LLC’s holdings in Church & Dwight were worth $1,202,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. State Street Corp grew its stake in shares of Church & Dwight by 8.0% in the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company’s stock worth $1,373,542,000 after acquiring an additional 969,006 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Church & Dwight by 5.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company’s stock valued at $839,472,000 after buying an additional 429,863 shares during the period. Stifel Financial Corp increased its stake in Church & Dwight by 0.5% in the 3rd quarter. Stifel Financial Corp now owns 4,295,527 shares of the company’s stock worth $449,830,000 after acquiring an additional 21,607 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in Church & Dwight by 5.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company’s stock worth $351,668,000 after acquiring an additional 175,221 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Church & Dwight by 1.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,399,502 shares of the company’s stock worth $146,556,000 after acquiring an additional 16,257 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Price Performance

Shares of NYSE:CHD opened at $106.24 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The stock’s 50 day moving average price is $106.80 and its 200 day moving average price is $104.06. Church & Dwight Co., Inc. has a 12 month low of $96.09 and a 12 month high of $113.50. The stock has a market cap of $26.03 billion, a price-to-earnings ratio of 47.64, a PEG ratio of 3.29 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period last year, the firm posted $0.74 earnings per share. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

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

Insiders Place Their Bets

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the stock in a transaction on 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 transaction, the director now directly owns 32,500 shares in the company, valued at $3,448,575. This represents a 23.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Michael Read purchased 1,100 shares of Church & Dwight stock in a transaction on Monday, December 16th. The stock was purchased at an average price 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 quarter, insiders sold 593,035 shares of company stock worth $62,282,808. 2.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CHD. Piper Sandler lifted their price objective on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. JPMorgan Chase & Co. lifted their price target on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research note on Thursday, January 16th. Deutsche Bank Aktiengesellschaft lifted their target price on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. TD Cowen boosted their target price on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Finally, Barclays lifted their target price on Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a report on Friday, January 17th. 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 company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $110.61.

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, 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.