Church & Dwight (NYSE:CHD) Given New $126.00 Price Target at Piper Sandler

Church & Dwight (NYSE:CHD) had its target price decreased by investment analysts at Piper Sandler from $128.00 to $126.00 in a report issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Piper Sandler’s price target would indicate a potential upside of 18.43% from the stock’s previous close.

Several other research analysts also recently weighed in on the company. 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 research note on Friday, January 17th. Barclays upped their price objective on shares of Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a research report on Friday, January 17th. Wells Fargo & Company boosted their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, JPMorgan Chase & Co. boosted their target price on Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research report on Thursday, January 16th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $110.50.

Church & Dwight Stock Up 0.8 %

CHD stock traded up $0.88 during trading on Monday, hitting $106.40. 345,861 shares of the company’s stock were exchanged, compared to its average volume of 1,581,060. The stock has a market capitalization of $26.07 billion, a price-to-earnings ratio of 44.92, a PEG ratio of 3.28 and a beta of 0.59. Church & Dwight has a 52-week low of $96.09 and a 52-week high of $113.50. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The business has a 50-day moving average price of $106.30 and a two-hundred day moving average price of $104.22.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting 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 period in the previous year, the firm posted $0.65 earnings per share. As a group, equities research analysts expect that Church & Dwight will post 3.7 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Matthew Farrell sold 300,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total transaction of $31,152,000.00. Following the sale, the chief executive officer now owns 112,719 shares in the company, valued at $11,704,740.96. This represents a 72.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the transaction, the chief accounting officer now directly owns 400 shares of the company’s stock, valued at $44,976. This trade represents a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 415,622 shares of company stock valued at $43,994,559 in the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On Church & Dwight

Large investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC grew its stake in shares of Church & Dwight by 2.8% in the third quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock worth $382,000 after purchasing an additional 99 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in Church & Dwight by 0.3% during the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock worth $3,358,000 after acquiring an additional 104 shares during the period. HCR Wealth Advisors boosted its stake in shares of Church & Dwight by 0.9% during the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after acquiring an additional 106 shares in the last quarter. Kingsview Wealth Management LLC increased its stake in Church & Dwight by 3.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company’s stock worth $353,000 after purchasing an additional 107 shares in the last quarter. Finally, Atria Wealth Solutions Inc. raised its holdings in Church & Dwight by 0.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company’s stock worth $1,270,000 after buying an additional 110 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

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.