Church & Dwight Co., Inc. (NYSE:CHD) Receives $111.53 Consensus Price Target from Analysts

Church & Dwight Co., Inc. (NYSE:CHD) has received an average rating of “Hold” from the seventeen brokerages that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $111.47.

Several research firms recently commented on CHD. Truist Financial increased their target price on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Wells Fargo & Company increased their target price on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft increased their target price on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. JPMorgan Chase & Co. decreased their price objective on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research note on Friday, February 21st. Finally, Barclays upped their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th.

Insider Transactions at Church & Dwight

In other news, EVP Michael Read purchased 1,100 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was purchased at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the acquisition, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Rick Spann sold 39,520 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the transaction, the executive vice president now directly owns 4,973 shares of the company’s stock, valued at $556,976. This represents a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 49,522 shares of company stock worth $5,487,555. Company insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CHD. YANKCOM Partnership purchased a new position in Church & Dwight in the fourth quarter valued at about $25,000. Capital Performance Advisors LLP purchased a new position in Church & Dwight in the third quarter valued at about $27,000. Ashton Thomas Securities LLC purchased a new position in Church & Dwight in the third quarter valued at about $28,000. Versant Capital Management Inc increased 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 buying an additional 184 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in Church & Dwight in the fourth quarter valued at about $39,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Down 1.8 %

Shares of NYSE CHD opened at $108.63 on Thursday. Church & Dwight has a 52-week low of $96.35 and a 52-week high of $113.50. The business’s 50 day moving average is $105.54 and its two-hundred day moving average is $104.86. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The firm has a market cap of $26.72 billion, a price-to-earnings ratio of 45.84, a PEG ratio of 3.32 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter last year, the company earned $0.65 EPS. Research analysts predict that Church & Dwight will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a dividend of $0.295 per share. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.09%. Church & Dwight’s dividend payout ratio is 49.79%.

About Church & Dwight

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.