Captrust Financial Advisors Raises Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Captrust Financial Advisors raised its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 11.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,430 shares of the company’s stock after purchasing an additional 3,847 shares during the period. Captrust Financial Advisors’ holdings in Church & Dwight were worth $4,024,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CHD. Lake Street Advisors Group LLC boosted its holdings in Church & Dwight by 3.7% in the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock worth $282,000 after buying an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Church & Dwight by 0.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock worth $2,199,000 after acquiring an additional 103 shares during the last quarter. Whittier Trust Co. boosted its stake in shares of Church & Dwight by 3.2% in the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock worth $345,000 after acquiring an additional 103 shares during the last quarter. HCR Wealth Advisors increased its position in shares of Church & Dwight by 0.9% during the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after purchasing an additional 106 shares in the last quarter. Finally, Atria Wealth Solutions Inc. raised its stake in Church & Dwight by 0.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company’s stock valued at $1,270,000 after purchasing an additional 110 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Price Performance

Church & Dwight stock opened at $91.59 on Friday. The company’s 50 day simple moving average is $104.03 and its 200-day simple moving average is $105.50. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight Co., Inc. has a 1 year low of $91.08 and a 1 year high of $116.46. The company has a market capitalization of $22.54 billion, a price-to-earnings ratio of 38.65, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.02. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the prior year, the firm earned $0.96 earnings per share. The firm’s revenue was down 2.4% compared to the same quarter last year. As a group, equities research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be given a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.29%. The ex-dividend date is Thursday, May 15th. Church & Dwight’s dividend payout ratio is currently 50.64%.

Insiders Place Their Bets

In related news, EVP Michael Read acquired 3,000 shares of the firm’s stock in a transaction dated Friday, May 9th. The stock was acquired at an average price of $92.07 per share, for a total transaction of $276,210.00. Following the purchase, the executive vice president now owns 5,505 shares of the company’s stock, valued at $506,845.35. This represents a 119.76 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares in the company, valued at $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 80,230 shares of company stock worth $8,903,734 over the last three months. Company insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

CHD has been the subject of a number of research reports. Morgan Stanley dropped their target price on shares of Church & Dwight from $110.00 to $100.00 and set an “equal weight” rating for the company in a report on Monday, May 5th. Stifel Nicolaus increased their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Bank of America upgraded Church & Dwight from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $112.00 to $125.00 in a report on Tuesday, April 15th. Evercore ISI cut their price target on Church & Dwight from $106.00 to $102.00 and set an “in-line” rating for the company in a report on Friday, May 2nd. Finally, Royal Bank of Canada lowered their price objective on Church & Dwight from $105.00 to $100.00 and set a “sector perform” rating on the stock in a research note on Friday, May 2nd. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $109.13.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.