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

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have received an average recommendation of “Hold” from the seventeen analysts that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $111.53.

CHD has been the subject of several analyst reports. Wells Fargo & Company boosted their target price on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Royal Bank of Canada restated a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a report on Monday, February 3rd. Piper Sandler reduced their target price on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Truist Financial boosted their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th.

Church & Dwight Trading Up 0.4 %

Shares of NYSE CHD opened at $104.33 on Thursday. The stock has a market cap of $25.66 billion, a price-to-earnings ratio of 44.02, a PEG ratio of 3.34 and a beta of 0.59. The business has a 50 day simple moving average of $105.40 and a 200 day simple moving average of $104.66. Church & Dwight has a 52 week low of $96.35 and a 52 week high of $113.50. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting 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 period last year, the company posted $0.65 earnings per share. On average, research analysts predict that Church & Dwight will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed 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 of this dividend is Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.13%. Church & Dwight’s payout ratio is currently 49.79%.

Insider Activity

In other Church & Dwight news, EVP Rick Spann sold 39,520 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was 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 $556,976. This represents a 88.82 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $106.11, for a total value of $1,061,100.00. Following the completion of the sale, the director now owns 32,500 shares in the company, valued at $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 57,302 shares of company stock worth $6,362,338. Company insiders own 1.40% of the company’s stock.

Institutional Trading of Church & Dwight

A number of large investors have recently bought and sold shares of CHD. Creative Planning grew its position in Church & Dwight by 4.9% in the third quarter. Creative Planning now owns 55,434 shares of the company’s stock valued at $5,805,000 after acquiring an additional 2,578 shares during the period. Raymond James & Associates grew its holdings in shares of Church & Dwight by 1.8% during the third quarter. Raymond James & Associates now owns 318,499 shares of the company’s stock worth $33,353,000 after purchasing an additional 5,528 shares during the last quarter. Eastern Bank bought a new stake in shares of Church & Dwight during the third quarter worth $907,000. Global X Japan Co. Ltd. grew its holdings in shares of Church & Dwight by 5.7% during the third quarter. Global X Japan Co. Ltd. now owns 4,204 shares of the company’s stock worth $440,000 after purchasing an additional 228 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of Church & Dwight during the third quarter worth $44,630,000. 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.