Aptus Capital Advisors LLC Invests $228,000 in Church & Dwight Co., Inc. (NYSE:CHD)

Aptus Capital Advisors LLC acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,173 shares of the company’s stock, valued at approximately $228,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CHD. 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 purchased a new stake in Church & Dwight during the third quarter valued at approximately $28,000. Crewe Advisors LLC purchased a new position in Church & Dwight in the first quarter worth $28,000. Rothschild Investment LLC acquired a new position in shares of Church & Dwight during the second quarter worth $31,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Church & Dwight in the 2nd quarter worth $33,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Performance

CHD opened at $109.02 on Friday. The firm has a fifty day moving average price of $103.48 and a 200 day moving average price of $104.06. Church & Dwight Co., Inc. has a 1 year low of $90.26 and a 1 year high of $110.31. The stock has a market cap of $26.71 billion, a P/E ratio of 48.89, a P/E/G ratio of 3.95 and a beta of 0.55. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09.

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

Church & Dwight Announces Dividend

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

Wall Street Analysts Forecast Growth

CHD has been the subject of several recent analyst reports. Wells Fargo & Company raised their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Evercore ISI dropped their target price on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research report on Monday, August 5th. TD Cowen raised their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Truist Financial lowered their price objective on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Church & Dwight currently has an average rating of “Hold” and an average price target of $108.53.

Insider Activity

In related news, CEO Matthew Farrell sold 300,000 shares of the company’s stock in a transaction dated 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 owns 112,719 shares in the company, valued at $11,704,740.96. This represents a 72.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Bradley C. Irwin sold 13,200 shares of Church & Dwight stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total value of $1,418,208.00. Following the completion of the sale, the director now owns 37,169 shares in the company, valued at approximately $3,993,437.36. The trade was a 26.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 490,613 shares of company stock worth $50,858,457 over the last three months. 2.00% of the stock is currently owned by corporate insiders.

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.