Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. grew its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.8% in the 4th quarter, Holdings Channel reports. The fund owned 149,586 shares of the company’s stock after acquiring an additional 4,069 shares during the period. Bahl & Gaynor Inc.’s holdings in Church & Dwight were worth $14,145,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Chilton Capital Management LLC grew its stake in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares in the last quarter. Annapolis Financial Services LLC grew its stake in Church & Dwight by 2,087.5% in the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after purchasing an additional 334 shares in the last quarter. Koesten Hirschmann & Crabtree INC. acquired a new position in Church & Dwight in the third quarter worth about $38,000. McGlone Suttner Wealth Management Inc. acquired a new position in Church & Dwight in the fourth quarter worth about $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its stake in Church & Dwight by 74.7% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock worth $65,000 after purchasing an additional 293 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the transaction, the executive vice president now owns 4,319 shares in the company, valued at $451,551.45. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of Church & Dwight stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the transaction, the executive vice president now directly owns 6,373 shares in the company, valued at approximately $638,702.06. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the transaction, the executive vice president now owns 4,319 shares in the company, valued at $451,551.45. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 373,052 shares of company stock worth $38,603,796. 2.00% of the stock is owned by insiders.

Church & Dwight Price Performance

NYSE:CHD traded down $0.93 during midday trading on Friday, hitting $106.32. 1,037,555 shares of the stock were exchanged, compared to its average volume of 1,274,656. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $108.10. The company has a market capitalization of $25.93 billion, a price-to-earnings ratio of 34.97, a P/E/G ratio of 3.59 and a beta of 0.53. The business has a 50-day moving average price of $102.91 and a two-hundred day moving average price of $97.11. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, February 2nd. The company reported $0.65 EPS for the quarter, hitting the consensus estimate of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the company earned $0.62 earnings per share. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. Sell-side analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a $0.2838 dividend. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 14th. This represents a $1.14 annualized dividend and a yield of 1.07%. Church & Dwight’s payout ratio is 37.17%.

Analysts Set New Price Targets

A number of research firms recently commented on CHD. Royal Bank of Canada lifted their price target on Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research note on Monday, February 5th. TheStreet upgraded Church & Dwight from a “c+” rating to a “b” rating in a research note on Friday, February 2nd. Stifel Nicolaus lifted their price target on Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a research note on Monday, February 5th. Truist Financial lifted their price target on Church & Dwight from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Finally, Barclays raised their target price on shares of Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a report on Friday, April 12th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $104.07.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.