Church & Dwight (NYSE:CHD) Price Target Raised to $107.00

Church & Dwight (NYSE:CHD) had its target price boosted by JPMorgan Chase & Co. from $99.00 to $107.00 in a report published on Thursday,Benzinga reports. They currently have an underweight rating on the stock.

Several other equities research analysts have also recently issued reports on CHD. Wells Fargo & Company raised their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Piper Sandler increased their price objective on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. TD Cowen lifted their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, Barclays lowered their price target on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a report on Tuesday, November 5th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Church & Dwight has an average rating of “Hold” and a consensus target price of $110.61.

Church & Dwight Trading Up 0.1 %

CHD opened at $106.42 on Thursday. 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 company’s 50 day simple moving average is $106.86 and its two-hundred day simple moving average is $104.06. The firm has a market capitalization of $26.07 billion, a price-to-earnings ratio of 47.72, a price-to-earnings-growth ratio of 3.12 and a beta of 0.58. Church & Dwight has a 1-year low of $96.09 and a 1-year high of $113.50.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the business posted $0.74 earnings per share. The firm’s revenue was up 3.8% compared to the same quarter last year. Analysts expect that Church & Dwight will post 3.44 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

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

Insider Activity

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the sale, the director now directly owns 7,129 shares of the company’s stock, valued at approximately $740,275.36. This represents a 61.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Michael Read acquired 1,100 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were purchased at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the transaction, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. The trade was a 78.29 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 593,035 shares of company stock worth $62,282,808. Corporate insiders own 1.40% of the company’s stock.

Institutional Trading of Church & Dwight

Hedge funds and other institutional investors have recently bought and sold shares of the business. Apeiron RIA LLC raised its position in shares of Church & Dwight by 3.9% during the 4th quarter. Apeiron RIA LLC now owns 4,183 shares of the company’s stock worth $438,000 after acquiring an additional 158 shares in the last quarter. Endeavor Private Wealth Inc. acquired a new stake in Church & Dwight during the fourth quarter worth approximately $84,000. Janney Montgomery Scott LLC lifted its position in shares of Church & Dwight by 3.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 138,158 shares of the company’s stock worth $14,467,000 after buying an additional 5,137 shares during the last quarter. Beaumont Financial Advisors LLC purchased a new position in shares of Church & Dwight in the 4th quarter valued at $312,000. Finally, Atomi Financial Group Inc. purchased a new position in shares of Church & Dwight in the 4th quarter valued at $208,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

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.