Orion Portfolio Solutions LLC Has $1.15 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD) (2024)

Orion Portfolio Solutions LLC reduced its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 7.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,172 shares of the company’s stock after selling 1,042 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Church & Dwight were worth $1,149,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Prospector Partners LLC boosted its stake in shares of Church & Dwight by 5.5% in the 4th quarter. Prospector Partners LLC now owns 148,964 shares of the company’s stock valued at $14,086,000 after purchasing an additional 7,780 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Church & Dwight by 49.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,413 shares of the company’s stock valued at $228,000 after acquiring an additional 795 shares during the last quarter. Dai ichi Life Insurance Company Ltd grew its holdings in Church & Dwight by 23.9% during the 4th quarter. Dai ichi Life Insurance Company Ltd now owns 68,826 shares of the company’s stock worth $6,508,000 after acquiring an additional 13,293 shares during the period. Franklin Resources Inc. grew its holdings in Church & Dwight by 0.4% during the 4th quarter. Franklin Resources Inc. now owns 540,701 shares of the company’s stock worth $51,129,000 after acquiring an additional 2,079 shares during the period. Finally, Assetmark Inc. raised its position in shares of Church & Dwight by 18.8% in the 4th quarter. Assetmark Inc. now owns 891 shares of the company’s stock worth $84,000 after acquiring an additional 141 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Church & Dwight

In other news, CEO Matthew Farrell sold 275,000 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $103.83, for a total value of $28,553,250.00. Following the transaction, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,703,613.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 15,504 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $102.25, for a total value of $1,585,284.00. Following the completion of the transaction, the director now owns 33,793 shares in the company, valued at approximately $3,455,334.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Matthew Farrell sold 275,000 shares of Church & Dwight stock in a transaction on Monday, March 11th. The stock was sold at an average price of $103.83, for a total value of $28,553,250.00. Following the sale, the chief executive officer now owns 112,719 shares in the company, valued at $11,703,613.77. The disclosure for this sale can be found here. In the last 90 days, insiders sold 367,972 shares of company stock worth $38,224,816. Insiders own 1.40% of the company’s stock.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $107.01 on Monday. The company has a market cap of $26.17 billion, a PE ratio of 33.97, a price-to-earnings-growth ratio of 3.49 and a beta of 0.51. The company has a quick ratio of 0.82, a current ratio of 1.33 and a debt-to-equity ratio of 0.54. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $108.68. The business has a 50 day moving average price of $105.07 and a 200-day moving average price of $100.14.

Church & Dwight (NYSE:CHD – Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.10. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The business’s revenue was up 5.1% on a year-over-year basis. During the same period last year, the business earned $0.85 EPS. Equities analysts anticipate that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be given a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Tuesday, May 14th. Church & Dwight’s payout ratio is 35.87%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Evercore ISI upped their target price on Church & Dwight from $107.00 to $110.00 and gave the company an “in-line” rating in a research report on Friday, May 3rd. Royal Bank of Canada raised their price objective on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research report on Monday, February 5th. Argus upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research note on Friday, February 23rd. Deutsche Bank Aktiengesellschaft increased their target price on shares of Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Finally, Barclays decreased their price target on shares of Church & Dwight from $83.00 to $82.00 and set an “underweight” rating for the company in a research note on Monday, May 6th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $105.56.

Read Our Latest Report on CHD

Church & Dwight Company Profile

(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.