Stifel Nicolaus Cuts Church & Dwight (NYSE:CHD) Price Target to $103.00

Church & Dwight (NYSE:CHD) had its price target trimmed by Stifel Nicolaus from $105.00 to $103.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a hold rating on the stock.

Several other equities analysts have also commented on CHD. Barclays upped their price target on Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research note on Friday. TD Cowen upped their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. lifted their price target on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research report on Thursday. Piper Sandler upped their price objective on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Finally, Wells Fargo & Company increased 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. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $110.61.

Church & Dwight Trading Up 0.1 %

Shares of CHD stock opened at $106.42 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. Church & Dwight has a twelve month low of $96.09 and a twelve month high of $113.50. The company’s 50-day moving average price is $106.86 and its 200-day moving average price is $104.05. The stock has a market cap of $26.07 billion, a price-to-earnings ratio of 47.72, a PEG ratio of 3.12 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. Church & Dwight’s revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.74 EPS. As a group, equities analysts predict that Church & Dwight will post 3.44 earnings per share for the current year.

Church & Dwight Announces Dividend

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

Insider Buying and Selling

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the sale, the director now directly owns 7,129 shares of the company’s stock, valued at $740,275.36. The trade was a 61.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael Read acquired 1,100 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was acquired at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the acquisition, 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. Insiders sold 593,035 shares of company stock worth $62,282,808 over the last 90 days. 2.00% of the stock is owned by insiders.

Institutional Trading of Church & Dwight

Institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. lifted its position in Church & Dwight by 3.5% in the second quarter. Envestnet Asset Management Inc. now owns 314,741 shares of the company’s stock valued at $32,632,000 after acquiring an additional 10,618 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Church & Dwight by 15.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,168,866 shares of the company’s stock valued at $121,191,000 after purchasing an additional 159,233 shares during the last quarter. Axxcess Wealth Management LLC boosted its position in shares of Church & Dwight by 4.9% in the 2nd quarter. Axxcess Wealth Management LLC now owns 9,729 shares of the company’s stock valued at $1,009,000 after purchasing an additional 454 shares during the period. Vanguard Personalized Indexing Management LLC grew its stake in Church & Dwight by 10.6% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 35,809 shares of the company’s stock worth $3,672,000 after buying an additional 3,440 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co increased its position in Church & Dwight by 13.0% during the second quarter. Elo Mutual Pension Insurance Co now owns 23,056 shares of the company’s stock worth $2,390,000 after buying an additional 2,645 shares during the period. Hedge funds and other institutional investors own 86.60% of the company’s stock.

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.