Church & Dwight Co., Inc. (NYSE:CHD) Receives Average Recommendation of “Hold” from Analysts

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have earned a consensus recommendation of “Hold” from the seventeen ratings firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $111.53.

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their price target on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research note on Thursday, January 16th. Deutsche Bank Aktiengesellschaft upped their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Truist Financial upped their price target on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Wells Fargo & Company increased their target price on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Finally, Piper Sandler cut their target price on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd.

Church & Dwight Price Performance

Shares of CHD stock opened at $104.33 on Thursday. The stock’s fifty day moving average is $105.40 and its 200-day moving average is $104.66. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The stock has a market capitalization of $25.66 billion, a PE ratio of 44.02, a PEG ratio of 3.34 and a beta of 0.59. Church & Dwight has a 52 week low of $96.35 and a 52 week high of $113.50.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter last year, the firm earned $0.65 EPS. Equities research analysts expect that Church & Dwight will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a dividend of $0.295 per share. The ex-dividend date is Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.13%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is currently 49.79%.

Insider Transactions at Church & Dwight

In related news, EVP Rick Spann sold 39,520 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Michael Read acquired 1,100 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the acquisition, the executive vice president now owns 2,505 shares of the company’s stock, valued at $267,584.10. This represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 57,302 shares of company stock valued at $6,362,338 over the last 90 days. 1.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. YANKCOM Partnership bought a new position in Church & Dwight in the fourth quarter valued at approximately $25,000. Capital Performance Advisors LLP bought a new position in Church & Dwight in the third quarter valued at approximately $27,000. Ashton Thomas Securities LLC bought a new position in Church & Dwight in the third quarter valued at approximately $28,000. Versant Capital Management Inc grew its stake in Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares in the last quarter. Finally, Strategic Financial Concepts LLC bought a new position in Church & Dwight in the fourth quarter valued at approximately $39,000. 86.60% of the stock is currently owned by institutional investors.

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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.