Barclays Cuts Church & Dwight (NYSE:CHD) Price Target to $80.00

Church & Dwight (NYSE:CHD) had its price target decreased by Barclays from $82.00 to $80.00 in a research note published on Friday morning, Benzinga reports. Barclays currently has an underweight rating on the stock.

Several other analysts also recently issued reports on CHD. Oppenheimer lifted their price target on shares of Church & Dwight from $110.00 to $120.00 and gave the company an outperform rating in a research report on Tuesday, April 23rd. JPMorgan Chase & Co. lowered their price objective on Church & Dwight from $98.00 to $97.00 and set an underweight rating on the stock in a research note on Friday, May 3rd. Deutsche Bank Aktiengesellschaft boosted their price objective on Church & Dwight from $109.00 to $112.00 and gave the company a buy rating in a research note on Monday, April 22nd. Truist Financial boosted their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a buy rating in a research note on Friday, May 3rd. Finally, Argus boosted their price objective on Church & Dwight from $115.00 to $125.00 and gave the company a buy rating in a research note on Tuesday, June 11th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of Hold and an average target price of $106.76.

Church & Dwight Stock Performance

NYSE CHD opened at $100.65 on Friday. The company has a fifty day simple moving average of $105.92 and a 200 day simple moving average of $103.25. Church & Dwight has a 12-month low of $82.25 and a 12-month high of $110.31. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. The company has a market cap of $24.61 billion, a P/E ratio of 31.95, a PEG ratio of 3.35 and a beta of 0.52.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter last year, the firm posted $0.85 EPS. Church & Dwight’s revenue was up 5.1% compared to the same quarter last year. Sell-side analysts predict that Church & Dwight will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were given a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Tuesday, May 14th. Church & Dwight’s dividend payout ratio (DPR) is 35.87%.

Insider Buying and Selling

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,654 shares of the stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at $1,104,775. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,654 shares of the stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at $1,104,775. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Penry W. Price sold 7,752 shares of the stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $105.47, for a total transaction of $817,603.44. Following the transaction, the director now owns 25,692 shares in the company, valued at $2,709,735.24. The disclosure for this sale can be found here. Over the last three months, insiders have sold 182,346 shares of company stock worth $19,465,948. Insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CHD. Game Plan Financial Advisors LLC purchased a new stake in shares of Church & Dwight during the first quarter valued at approximately $26,000. Crewe Advisors LLC purchased a new stake in shares of Church & Dwight during the first quarter valued at approximately $28,000. Chilton Capital Management LLC boosted its stake in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the period. Roble Belko & Company Inc purchased a new stake in Church & Dwight in the first quarter worth $31,000. Finally, Creekmur Asset Management LLC purchased a new stake in Church & Dwight in the fourth quarter worth $32,000. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Company Profile

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.