Aptus Capital Advisors LLC Increases Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Aptus Capital Advisors LLC grew its holdings in Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 16.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,382 shares of the company’s stock after acquiring an additional 619 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Church & Dwight were worth $402,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pinnacle Associates Ltd. grew its position in Church & Dwight by 3.2% during the second quarter. Pinnacle Associates Ltd. now owns 3,325 shares of the company’s stock valued at $333,000 after buying an additional 103 shares during the period. Wealth Alliance grew its position in shares of Church & Dwight by 3.3% during the 2nd quarter. Wealth Alliance now owns 3,284 shares of the company’s stock valued at $329,000 after acquiring an additional 104 shares during the period. Mission Wealth Management LP increased its stake in shares of Church & Dwight by 0.8% in the 2nd quarter. Mission Wealth Management LP now owns 13,927 shares of the company’s stock valued at $1,396,000 after purchasing an additional 106 shares in the last quarter. Veritable L.P. raised its holdings in Church & Dwight by 1.6% in the 1st quarter. Veritable L.P. now owns 7,718 shares of the company’s stock worth $682,000 after purchasing an additional 122 shares during the period. Finally, Sunbelt Securities Inc. boosted its position in Church & Dwight by 2.0% during the second quarter. Sunbelt Securities Inc. now owns 6,443 shares of the company’s stock worth $646,000 after purchasing an additional 124 shares in the last quarter. Institutional investors and hedge funds own 82.79% of the company’s stock.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $96.00, for a total value of $432,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $96.00, for a total value of $432,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total value of $930,041.60. Following the transaction, the executive vice president now directly owns 6,373 shares in the company, valued at approximately $638,702.06. The disclosure for this sale can be found here. 2.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

CHD has been the subject of several research analyst reports. Jefferies Financial Group started coverage on Church & Dwight in a research note on Monday, November 13th. They set a “hold” rating and a $99.00 target price for the company. Truist Financial increased their price objective on shares of Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday. Oppenheimer boosted their target price on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Barclays raised their price target on shares of Church & Dwight from $76.00 to $80.00 and gave the company an “underweight” rating in a research note on Tuesday, February 6th. Finally, Raymond James upgraded Church & Dwight from an “underperform” rating to a “market perform” rating in a research note on Monday, October 23rd. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $100.43.

Check Out Our Latest Report on Church & Dwight

Church & Dwight Stock Performance

NYSE:CHD opened at $98.83 on Friday. The company’s 50-day moving average is $95.93 and its two-hundred day moving average is $93.98. The firm has a market capitalization of $24.35 billion, a price-to-earnings ratio of 32.51, a PEG ratio of 3.41 and a beta of 0.54. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. Church & Dwight Co., Inc. has a 1-year low of $81.79 and a 1-year high of $103.21.

Church & Dwight (NYSE:CHDGet Free Report) last released its quarterly earnings data on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting analysts’ consensus estimates of $0.65. The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.62 earnings per share. Analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 1st. Stockholders of record on Thursday, February 15th will be issued a dividend of $0.2838 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.15%. Church & Dwight’s dividend payout ratio is currently 35.86%.

About Church & Dwight

(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.

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Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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