Fulton Breakefield Broenniman LLC Has $15.31 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

Fulton Breakefield Broenniman LLC grew its position in Church & Dwight Co., Inc. (NYSE:CHD) by 0.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 161,907 shares of the company’s stock after purchasing an additional 639 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in Church & Dwight were worth $15,310,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in CHD. AE Wealth Management LLC increased its position in Church & Dwight by 5.4% during the 3rd quarter. AE Wealth Management LLC now owns 7,966 shares of the company’s stock worth $730,000 after purchasing an additional 409 shares in the last quarter. Capital Investment Advisors LLC acquired a new position in Church & Dwight during the 3rd quarter worth approximately $203,000. Meridian Wealth Management LLC increased its position in Church & Dwight by 67.2% during the 3rd quarter. Meridian Wealth Management LLC now owns 8,816 shares of the company’s stock worth $808,000 after purchasing an additional 3,542 shares in the last quarter. Exchange Traded Concepts LLC increased its position in Church & Dwight by 265.4% during the 3rd quarter. Exchange Traded Concepts LLC now owns 27,636 shares of the company’s stock worth $2,532,000 after purchasing an additional 20,072 shares in the last quarter. Finally, Private Trust Co. NA increased its position in Church & Dwight by 2.2% during the 3rd quarter. Private Trust Co. NA now owns 8,618 shares of the company’s stock worth $790,000 after purchasing an additional 182 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, CFO Richard A. Dierker sold 24,380 shares of the firm’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $103.61, for a total value of $2,526,011.80. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares in the company, valued at $790,958.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Richard A. Dierker sold 24,380 shares of the firm’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 directly owns 7,634 shares in the company, valued at $790,958.74. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 373,052 shares of company stock worth $38,603,796. 2.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Truist Financial upped their price objective on shares of Church & Dwight from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Royal Bank of Canada boosted their target price on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a report on Monday, February 5th. Bank of America boosted their target price on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. Argus raised shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a report on Friday, February 23rd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a report on Thursday, January 18th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Church & Dwight has a consensus rating of “Hold” and an average target price of $104.07.

Church & Dwight Trading Down 0.9 %

CHD opened at $106.32 on Friday. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The stock has a market cap of $25.93 billion, a PE ratio of 34.97, a price-to-earnings-growth ratio of 3.55 and a beta of 0.53. The company has a fifty day moving average of $102.91 and a 200-day moving average of $97.17. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $108.10.

Church & Dwight (NYSE:CHD) last posted 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 analysts’ expectations of $1.51 billion. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the company posted $0.62 earnings per share. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Increases Dividend

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

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.