Church & Dwight (NYSE:CHD) Given New $106.00 Price Target at JPMorgan Chase & Co.

Church & Dwight (NYSE:CHD) had its target price dropped by JPMorgan Chase & Co. from $107.00 to $106.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 0.57% from the stock’s current price.

Several other research analysts also recently weighed in on CHD. Stifel Nicolaus upped their price target on Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd. Piper Sandler dropped their price target on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Barclays increased their target price on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research report on Tuesday, February 4th. Truist Financial increased their target price on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Finally, 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 research report on Monday, November 4th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $111.47.

Church & Dwight Trading Up 0.9 %

CHD stock opened at $105.40 on Friday. Church & Dwight has a 1-year low of $96.35 and a 1-year high of $113.50. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The company has a market capitalization of $25.93 billion, a price-to-earnings ratio of 44.47, a PEG ratio of 3.32 and a beta of 0.59. The business has a 50 day simple moving average of $105.35 and a two-hundred day simple moving average of $104.69.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting the consensus estimate 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 prior year, the business posted $0.65 earnings per share. Research analysts anticipate that Church & Dwight will post 3.7 EPS for the current fiscal year.

Insider Buying and Selling

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the sale, the director now owns 32,500 shares in the company, valued at $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Michael Read bought 1,100 shares of Church & Dwight stock in a transaction on Monday, December 16th. The stock was acquired at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the purchase, the executive vice president now owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 49,522 shares of company stock worth $5,487,555 over the last three months. 2.00% of the stock is owned by insiders.

Institutional Trading of Church & Dwight

A number of hedge funds and other institutional investors have recently bought and sold shares of CHD. International Assets Investment Management LLC purchased a new stake in Church & Dwight in the third quarter worth $44,630,000. IFM Investors Pty Ltd increased its stake in shares of Church & Dwight by 3.2% during the third quarter. IFM Investors Pty Ltd now owns 49,762 shares of the company’s stock valued at $5,211,000 after buying an additional 1,520 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Church & Dwight by 394.9% during the third quarter. Assenagon Asset Management S.A. now owns 335,624 shares of the company’s stock valued at $35,147,000 after buying an additional 267,801 shares during the period. Mount Yale Investment Advisors LLC increased its stake in shares of Church & Dwight by 24.4% during the third quarter. Mount Yale Investment Advisors LLC now owns 8,588 shares of the company’s stock valued at $899,000 after buying an additional 1,686 shares during the period. Finally, Nicholson Wealth Management Group LLC purchased a new position in shares of Church & Dwight during the third quarter valued at $728,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

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.