Brokerages Set Church & Dwight Co., Inc. (NYSE:CHD) Target Price at $108.53

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have been assigned a consensus recommendation of “Hold” from the nineteen brokerages that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $108.53.

Several equities analysts have weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Piper Sandler initiated coverage on Church & Dwight in a research note on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price objective for the company. JPMorgan Chase & Co. lifted their target price on Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research note on Monday, November 4th. TD Cowen increased their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, Barclays lowered their price objective on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research report on Tuesday, November 5th.

Insider Transactions at Church & Dwight

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total transaction of $874,783.20. Following the sale, the chief accounting officer now owns 400 shares in the company, valued at $44,976. The trade was a 95.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Arthur B. Winkleblack sold 11,590 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the transaction, the director now directly owns 7,129 shares of the company’s stock, valued at $740,275.36. The trade was a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 583,033 shares of company stock worth $61,221,493. Insiders own 1.40% of the company’s stock.

Institutional Trading of Church & Dwight

Institutional investors have recently bought and sold shares of the stock. Empowered Funds LLC increased its holdings in Church & Dwight by 2.8% during the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock valued at $382,000 after purchasing an additional 99 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in Church & Dwight by 0.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock worth $3,358,000 after buying an additional 104 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in Church & Dwight by 3.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company’s stock worth $353,000 after acquiring an additional 107 shares during the last quarter. Citizens Financial Group Inc. RI increased its position in Church & Dwight by 2.1% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company’s stock valued at $577,000 after acquiring an additional 113 shares in the last quarter. Finally, Elk River Wealth Management LLC raised its stake in shares of Church & Dwight by 0.3% in the second quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company’s stock worth $3,595,000 after acquiring an additional 114 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Stock Down 1.2 %

Shares of Church & Dwight stock opened at $105.93 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. Church & Dwight has a 12-month low of $90.26 and a 12-month high of $113.50. The firm has a market capitalization of $25.95 billion, a PE ratio of 47.50, a price-to-earnings-growth ratio of 3.92 and a beta of 0.57. The stock’s fifty day moving average is $105.50 and its 200-day moving average is $104.40.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.74 earnings per share. Equities analysts anticipate that Church & Dwight will post 3.45 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were issued a dividend of $0.2838 per share. The ex-dividend date was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

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.