Church & Dwight Co., Inc. (NYSE:CHD) Given Consensus Rating of “Hold” by Brokerages

Church & Dwight Co., Inc. (NYSE:CHD) has earned an average recommendation of “Hold” from the eighteen analysts that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $110.61.

A number of analysts have recently issued reports on CHD shares. Deutsche Bank Aktiengesellschaft lifted their price target on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. upped their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a report on Thursday, January 16th. Piper Sandler boosted their price target on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Wells Fargo & Company increased their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Finally, Stifel Nicolaus lowered their target price on Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a report on Friday, January 17th.

Insider Transactions at Church & Dwight

In other Church & Dwight news, EVP Michael Read acquired 1,100 shares of the stock in a transaction dated Monday, December 16th. The stock was acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the purchase, the executive vice president now owns 2,505 shares in the company, valued at $267,584.10. This trade represents a 78.29 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Matthew Farrell sold 165,823 shares of Church & Dwight stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the completion of the transaction, the chief executive officer now owns 112,719 shares of the company’s stock, valued at $11,613,438.57. This trade represents a 59.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 593,035 shares of company stock worth $62,282,808 over the last ninety days. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Church & Dwight

Several hedge funds have recently modified their holdings of CHD. Capital Performance Advisors LLP acquired a new stake in Church & Dwight in the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC acquired a new stake in Church & Dwight in the third quarter valued at approximately $28,000. Versant Capital Management Inc raised its holdings 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 acquiring an additional 184 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight during the 2nd quarter worth approximately $33,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of Church & Dwight in the 2nd quarter valued at approximately $46,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Church & Dwight Stock Up 0.0 %

Shares of CHD stock opened at $106.31 on Friday. Church & Dwight has a twelve month low of $96.09 and a twelve month high of $113.50. The stock has a market cap of $26.05 billion, a P/E ratio of 47.67, a P/E/G ratio of 3.29 and a beta of 0.58. The stock has a 50 day moving average of $106.71 and a 200 day moving average of $104.08. 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 (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 firm had revenue of $1.51 billion during 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%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.74 EPS. As a group, sell-side analysts expect that Church & Dwight will post 3.44 EPS for the current year.

Church & Dwight Announces Dividend

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

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.