Brokerages Set Church & Dwight Co., Inc. (NYSE:CHD) PT at $107.50

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have been assigned an average rating of “Hold” from the twenty brokerages that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $107.50.

CHD has been the topic of several recent research reports. Truist Financial cut their price target on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Wells Fargo & Company cut their price target on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Barclays upped their price target on Church & Dwight from $82.00 to $86.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. JPMorgan Chase & Co. upped their price target on Church & Dwight from $97.00 to $98.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. Finally, Piper Sandler assumed coverage on Church & Dwight in a research report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price objective for the company.

Church & Dwight Price Performance

CHD stock opened at $102.61 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $25.12 billion, a PE ratio of 31.57, a P/E/G ratio of 3.80 and a beta of 0.54. Church & Dwight has a 12-month low of $82.25 and a 12-month high of $110.31. The business’s fifty day moving average price is $102.87 and its 200 day moving average price is $104.05.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.09. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the business earned $0.92 EPS. Church & Dwight’s revenue was up 3.9% on a year-over-year basis. On average, sell-side analysts anticipate that Church & Dwight will post 3.43 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were given a $0.2838 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.11%. Church & Dwight’s dividend payout ratio (DPR) is presently 34.77%.

Insider Activity at Church & Dwight

In related news, EVP Barry A. Bruno sold 59,328 shares of the company’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the sale, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at $429,179.03. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.00% of the company’s stock.

Institutional Trading of Church & Dwight

Several institutional investors and hedge funds have recently added to or reduced their stakes in CHD. Wellington Management Group LLP raised its stake in Church & Dwight by 189.4% during the 4th quarter. Wellington Management Group LLP now owns 80,332 shares of the company’s stock valued at $7,596,000 after acquiring an additional 52,576 shares during the last quarter. HighPoint Advisor Group LLC purchased a new stake in Church & Dwight during the 4th quarter valued at approximately $255,000. Nomura Holdings Inc. raised its stake in Church & Dwight by 442.1% during the 4th quarter. Nomura Holdings Inc. now owns 14,148 shares of the company’s stock valued at $1,338,000 after acquiring an additional 11,538 shares during the last quarter. CWM LLC raised its stake in Church & Dwight by 40.7% during the 1st quarter. CWM LLC now owns 12,701 shares of the company’s stock valued at $1,325,000 after acquiring an additional 3,671 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in Church & Dwight by 24.2% during the 1st quarter. GAMMA Investing LLC now owns 2,854 shares of the company’s stock valued at $298,000 after acquiring an additional 557 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

About Church & Dwight

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.