Aptus Capital Advisors LLC Acquires Shares of 2,173 Church & Dwight Co., Inc. (NYSE:CHD)

Aptus Capital Advisors LLC bought a new position in Church & Dwight Co., Inc. (NYSE:CHD) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,173 shares of the company’s stock, valued at approximately $228,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Empowered Funds LLC grew its holdings in Church & Dwight by 50.4% in the 1st quarter. Empowered Funds LLC now owns 4,461 shares of the company’s stock valued at $465,000 after buying an additional 1,494 shares in the last quarter. TIAA Trust National Association grew its holdings in shares of Church & Dwight by 8.1% in the first quarter. TIAA Trust National Association now owns 3,542 shares of the company’s stock valued at $369,000 after purchasing an additional 265 shares during the period. Edgestream Partners L.P. acquired a new stake in Church & Dwight during the first quarter worth about $1,240,000. Beaumont Financial Advisors LLC purchased a new position in Church & Dwight during the first quarter worth about $213,000. Finally, Penobscot Investment Management Company Inc. boosted its holdings in Church & Dwight by 5.1% in the 1st quarter. Penobscot Investment Management Company Inc. now owns 76,193 shares of the company’s stock valued at $7,948,000 after purchasing an additional 3,720 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Church & Dwight Stock Up 1.3 %

Shares of NYSE CHD opened at $109.02 on Friday. Church & Dwight Co., Inc. has a 12-month low of $90.26 and a 12-month high of $110.31. The stock has a market cap of $26.71 billion, a P/E ratio of 48.89, a PEG ratio of 3.95 and a beta of 0.55. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The business’s fifty day simple moving average is $103.48 and its 200-day simple moving average is $104.06.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter last year, the business posted $0.74 EPS. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, equities analysts predict that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a $0.2838 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.04%. Church & Dwight’s payout ratio is 50.67%.

Insider Transactions at Church & Dwight

In other news, Director Arthur B. Winkleblack sold 11,590 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the sale, the director now owns 7,129 shares in the company, valued at approximately $740,275.36. The trade was a 61.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Matthew Farrell sold 300,000 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total transaction of $31,152,000.00. Following the completion of the transaction, the chief executive officer now directly owns 112,719 shares in the company, valued at $11,704,740.96. This trade represents a 72.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 490,613 shares of company stock valued at $50,858,457. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a report on Monday, November 4th. Wells Fargo & Company lifted their target price on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft increased their price target on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Barclays reduced their price objective on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, November 5th. Finally, Morgan Stanley lowered shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price for the company. in a research note on Monday, September 9th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Church & Dwight has a consensus rating of “Hold” and an average target price of $108.53.

Church & Dwight 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.