HCR Wealth Advisors Increases Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

HCR Wealth Advisors boosted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 3.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,616 shares of the company’s stock after purchasing an additional 404 shares during the quarter. HCR Wealth Advisors’ holdings in Church & Dwight were worth $1,204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of CHD. Texas Yale Capital Corp. grew its holdings in Church & Dwight by 1.0% in the 1st quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock worth $1,106,000 after acquiring an additional 100 shares during the last quarter. Garner Asset Management Corp grew its holdings in Church & Dwight by 5.1% in the 1st quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock worth $215,000 after acquiring an additional 100 shares during the last quarter. Elk River Wealth Management LLC grew its holdings in Church & Dwight by 0.3% in the 2nd quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company’s stock worth $3,595,000 after acquiring an additional 114 shares during the last quarter. Kingswood Wealth Advisors LLC grew its holdings in Church & Dwight by 2.4% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock worth $516,000 after acquiring an additional 117 shares during the last quarter. Finally, Sovereign Financial Group Inc. lifted its position in shares of Church & Dwight by 0.7% in the 1st quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock worth $1,819,000 after purchasing an additional 120 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Stock Down 0.3 %

Shares of Church & Dwight stock opened at $105.18 on Monday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. The stock has a market capitalization of $25.75 billion, a PE ratio of 33.39, a price-to-earnings-growth ratio of 3.55 and a beta of 0.54. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $110.31. The company has a 50-day simple moving average of $102.24 and a two-hundred day simple moving average of $104.01.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, August 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.09. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.92 earnings per share. On average, analysts anticipate that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were paid a $0.2838 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.08%. Church & Dwight’s dividend payout ratio is presently 35.87%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. BNP Paribas assumed coverage on shares of Church & Dwight in a research report on Monday, June 24th. They issued a “neutral” rating and a $114.00 target price for the company. Evercore ISI dropped their target price on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 5th. Stifel Nicolaus dropped their target price on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research report on Monday, August 5th. Morgan Stanley cut 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 report on Monday. Finally, Barclays raised their target price on shares of Church & Dwight from $80.00 to $82.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 6th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and an average target price of $106.58.

Insider Transactions at Church & Dwight

In other news, EVP Barry A. Bruno sold 59,328 shares of Church & Dwight stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the sale, the executive vice president now directly owns 4,319 shares in the company, valued at $429,179.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CFO Richard A. Dierker sold 86,740 shares of Church & Dwight stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $106.56, for a total value of $9,243,014.40. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares in the company, valued at $813,479.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Barry A. Bruno sold 59,328 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at $429,179.03. The disclosure for this sale can be found here. Insiders sold 200,722 shares of company stock worth $20,986,416 over the last three months. 2.00% of the stock is currently owned by company insiders.

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.