Callan Family Office LLC Purchases 2,493 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Callan Family Office LLC increased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 119.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,582 shares of the company’s stock after purchasing an additional 2,493 shares during the quarter. Callan Family Office LLC’s holdings in Church & Dwight were worth $480,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. YANKCOM Partnership bought a new stake in shares of Church & Dwight in the 4th quarter valued at about $25,000. Capital Performance Advisors LLP bought a new stake in shares of Church & Dwight in the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight in the 3rd quarter valued at about $28,000. Versant Capital Management Inc lifted its stake in shares of Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after buying an additional 184 shares during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of Church & Dwight during the 4th quarter worth about $39,000. 86.60% of the stock is owned by institutional investors.

Church & Dwight Stock Up 1.4 %

Shares of NYSE:CHD opened at $112.48 on Monday. The company has a fifty day moving average of $106.23 and a 200-day moving average of $105.40. The company has a market capitalization of $27.67 billion, a PE ratio of 47.46, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight Co., Inc. has a 52-week low of $96.35 and a 52-week high of $114.60.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter in the prior year, the firm earned $0.65 earnings per share. On average, equities analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.05%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is presently 49.79%.

Insider Activity

In other news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were 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 owns 32,500 shares of the company’s stock, valued at approximately $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael Read purchased 1,100 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 10,002 shares of company stock valued at $1,061,315. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CHD. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Truist Financial raised their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Piper Sandler cut their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Barclays raised their target price on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 4th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday, February 21st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $111.56.

Church & Dwight Company Profile

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.