Church & Dwight Co., Inc. (NYSE:CHD) Receives $108.53 Average Target Price from Analysts

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have received a consensus recommendation of “Hold” from the eighteen research firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $109.56.

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. raised their price objective on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a research report on Monday, November 4th. Wells Fargo & Company lifted their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Morgan Stanley lowered shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective on the stock. in a report on Monday, September 9th. TD Cowen lifted their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, Piper Sandler assumed coverage on Church & Dwight in a research report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 target price on the stock.

Insider Transactions at Church & Dwight

In other news, EVP Rick Spann sold 39,520 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total value of $4,426,240.00. Following the sale, the executive vice president now directly owns 4,973 shares in the company, valued at approximately $556,976. This trade represents a 88.82 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Joseph James Longo sold 7,780 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the transaction, the chief accounting officer now owns 400 shares of the company’s stock, valued at approximately $44,976. The trade was a 95.11 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 583,035 shares of company stock valued at $61,221,708. 2.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Church & Dwight

A number of institutional investors have recently bought and sold shares of CHD. QRG Capital Management Inc. lifted its stake in Church & Dwight by 6.7% during the second quarter. QRG Capital Management Inc. now owns 11,466 shares of the company’s stock worth $1,189,000 after purchasing an additional 720 shares during the last quarter. SG Americas Securities LLC raised its holdings in Church & Dwight by 269.3% during the second quarter. SG Americas Securities LLC now owns 75,590 shares of the company’s stock worth $7,837,000 after purchasing an additional 55,123 shares in the last quarter. Czech National Bank lifted its position in shares of Church & Dwight by 7.5% during the 2nd quarter. Czech National Bank now owns 46,597 shares of the company’s stock worth $4,831,000 after buying an additional 3,246 shares during the last quarter. New Hampshire Trust boosted its holdings in shares of Church & Dwight by 6.4% in the 2nd quarter. New Hampshire Trust now owns 2,488 shares of the company’s stock valued at $258,000 after buying an additional 150 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in shares of Church & Dwight by 63.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,305 shares of the company’s stock valued at $1,276,000 after buying an additional 4,772 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Performance

Church & Dwight stock opened at $105.61 on Friday. The stock has a market cap of $25.87 billion, a price-to-earnings ratio of 47.36, a price-to-earnings-growth ratio of 3.85 and a beta of 0.57. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The firm has a 50 day simple moving average of $105.77 and a 200-day simple moving average of $104.42. Church & Dwight has a 1-year low of $90.26 and a 1-year high of $113.50.

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 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 company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period in the prior year, the business posted $0.74 earnings per share. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. On average, analysts expect that Church & Dwight will post 3.45 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s payout ratio is presently 50.67%.

About Church & Dwight

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.