Ashton Thomas Securities LLC Invests $28,000 in Church & Dwight Co., Inc. (NYSE:CHD)

Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 266 shares of the company’s stock, valued at approximately $28,000.

A number of other large investors also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP purchased a new stake in Church & Dwight during the third quarter valued at about $27,000. Crewe Advisors LLC bought a new position in Church & Dwight during the 1st quarter worth approximately $28,000. Rothschild Investment LLC purchased a new position in Church & Dwight in the 2nd quarter worth approximately $31,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Church & Dwight in the second quarter valued at approximately $33,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of Church & Dwight during the second quarter valued at approximately $46,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling

In other Church & Dwight news, Director Bradley C. Irwin sold 13,200 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $107.44, for a total transaction of $1,418,208.00. Following the transaction, the director now owns 37,169 shares in the company, valued at approximately $3,993,437.36. This represents a 26.21 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of Church & Dwight stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the completion of the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at $11,613,438.57. This represents a 59.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 490,613 shares of company stock worth $50,858,457 in the last three months. Insiders own 2.00% of the company’s stock.

Church & Dwight Stock Performance

Church & Dwight stock opened at $107.87 on Friday. The stock’s 50 day moving average is $103.36 and its 200 day moving average is $104.02. The company has a market capitalization of $26.43 billion, a P/E ratio of 48.37, a PEG ratio of 3.95 and a beta of 0.55. Church & Dwight Co., Inc. has a twelve month low of $90.26 and a twelve month high of $110.31. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the previous year, the firm earned $0.74 EPS. Church & Dwight’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, equities research analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is currently 50.67%.

Wall Street Analysts Forecast Growth

CHD has been the subject of a number of recent analyst reports. Stifel Nicolaus lowered their price target on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a report on Monday, August 5th. Piper Sandler initiated coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 target price for the company. TD Cowen boosted their price target on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Evercore ISI dropped their price objective on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 5th. Finally, Barclays reduced their target price on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. Three 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 MarketBeat.com, the stock has an average rating of “Hold” and an average price target 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.