Commonwealth of Pennsylvania Public School Empls Retrmt SYS Raises Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 16.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 49,472 shares of the company’s stock after acquiring an additional 6,872 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Church & Dwight were worth $4,533,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Financiere des Professionnels Fonds d investissement inc. purchased a new stake in shares of Church & Dwight during the third quarter worth about $9,030,000. Koesten Hirschmann & Crabtree INC. purchased a new stake in shares of Church & Dwight during the third quarter worth about $38,000. Canada Pension Plan Investment Board increased its position in shares of Church & Dwight by 28.5% during the third quarter. Canada Pension Plan Investment Board now owns 626,986 shares of the company’s stock worth $57,451,000 after acquiring an additional 139,200 shares during the last quarter. Aptus Capital Advisors LLC grew its stake in Church & Dwight by 16.4% in the third quarter. Aptus Capital Advisors LLC now owns 4,382 shares of the company’s stock worth $402,000 after purchasing an additional 619 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in Church & Dwight by 99.6% in the third quarter. HighTower Advisors LLC now owns 526,591 shares of the company’s stock worth $48,224,000 after purchasing an additional 262,801 shares in the last quarter. 82.79% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $96.00, for a total value of $432,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $96.00, for a total value of $432,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Rene Hemsey sold 9,280 shares of the company’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the transaction, the executive vice president now directly owns 6,373 shares in the company, valued at approximately $638,702.06. The disclosure for this sale can be found here. 2.00% of the stock is owned by corporate insiders.

Church & Dwight Stock Performance

Shares of NYSE CHD opened at $98.83 on Monday. Church & Dwight Co., Inc. has a 12-month low of $81.79 and a 12-month high of $103.21. The company has a market cap of $24.35 billion, a PE ratio of 32.51, a P/E/G ratio of 3.41 and a beta of 0.54. The stock has a 50 day simple moving average of $95.93 and a 200-day simple moving average of $93.95. 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:CHDGet Free Report) 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. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Thursday, February 15th will be issued a dividend of $0.2838 per share. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.14 annualized dividend and a yield of 1.15%. Church & Dwight’s payout ratio is presently 35.86%.

Wall Street Analysts Forecast Growth

CHD has been the subject of a number of research reports. Citigroup downgraded Church & Dwight from a “neutral” rating to a “sell” rating and set a $90.00 price target for the company. in a research note on Wednesday, December 13th. Raymond James upgraded Church & Dwight from an “underperform” rating to a “market perform” rating in a research note on Monday, October 23rd. 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. Stifel Nicolaus lifted their target price on Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a research note on Monday, February 5th. Finally, The Goldman Sachs Group decreased their target price on Church & Dwight from $100.00 to $89.00 and set a “neutral” rating for the company in a research note on Monday, November 6th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $100.43.

Check Out Our Latest Research Report on CHD

About Church & Dwight

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHDFree Report).

Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.