Roffman Miller Associates Inc. PA Lowers Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Roffman Miller Associates Inc. PA lessened its position in Church & Dwight Co., Inc. (NYSE:CHD) by 1.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 293,783 shares of the company’s stock after selling 3,684 shares during the quarter. Church & Dwight accounts for approximately 2.0% of Roffman Miller Associates Inc. PA’s portfolio, making the stock its 20th biggest position. Roffman Miller Associates Inc. PA’s holdings in Church & Dwight were worth $27,780,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Chilton Capital Management LLC raised its holdings in shares of Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after buying an additional 110 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of Church & Dwight by 14.7% in the fourth quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock valued at $87,000 after purchasing an additional 113 shares during the period. Gateway Advisory LLC increased its holdings in shares of Church & Dwight by 4.4% in the third quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock valued at $262,000 after purchasing an additional 120 shares during the period. Sunbelt Securities Inc. raised its stake in shares of Church & Dwight by 2.1% during the third quarter. Sunbelt Securities Inc. now owns 6,580 shares of the company’s stock worth $603,000 after purchasing an additional 137 shares during the last quarter. Finally, Apeiron RIA LLC grew its position in Church & Dwight by 3.8% in the 3rd quarter. Apeiron RIA LLC now owns 3,998 shares of the company’s stock valued at $366,000 after buying an additional 147 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other news, CFO Richard A. Dierker sold 24,380 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the completion of the sale, the chief financial officer now owns 7,634 shares in the company, valued at approximately $790,958.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other 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 transaction of $1,037,763.30. Following the sale, the executive vice president now owns 4,319 shares in the company, valued at $451,551.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard A. Dierker sold 24,380 shares of the company’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the completion of the transaction, the chief financial officer now owns 7,634 shares of the company’s stock, valued at $790,958.74. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 373,052 shares of company stock valued at $38,603,796. Company insiders own 2.00% of the company’s stock.

Church & Dwight Price Performance

Shares of CHD traded down $0.43 during trading hours on Friday, reaching $106.82. 407,926 shares of the company traded hands, compared to its average volume of 1,266,712. The stock has a fifty day simple moving average of $102.74 and a 200 day simple moving average of $96.97. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $108.10. The stock has a market capitalization of $26.05 billion, a PE ratio of 35.28, a price-to-earnings-growth ratio of 3.59 and a beta of 0.53. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

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

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were issued a $0.2838 dividend. The ex-dividend date was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s dividend payout ratio (DPR) is presently 37.17%.

Analysts Set New Price Targets

A number of equities analysts have commented on CHD shares. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research report on Monday. Bank of America raised their price objective on shares of Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research report on Monday, April 15th. TheStreet upgraded Church & Dwight from a “c+” rating to a “b” rating in a research report on Friday, February 2nd. Truist Financial increased their target price 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, Argus upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price target on the stock in a research note on Friday, February 23rd. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $104.07.

About Church & Dwight

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.