Analysts Set Church & Dwight Co., Inc. (NYSE:CHD) PT at $111.56

Shares of Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) have earned a consensus rating of "Hold" from the sixteen research firms that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $111.56.

A number of analysts have commented on the company. Stifel Nicolaus boosted their price objective on Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a report on Monday, February 3rd. Piper Sandler cut their target price on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research note on Monday, February 3rd. JPMorgan Chase & Co. cut their target price on Church & Dwight from $107.00 to $106.00 and set an "underweight" rating on the stock in a research note on Friday, February 21st. Royal Bank of Canada restated a "sector perform" rating and issued a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Finally, Barclays boosted their target price on Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a research note on Tuesday, February 4th.

Church & Dwight Trading Down 0.1 %

CHD traded down $0.11 during midday trading on Monday, hitting $107.92. 596,646 shares of the company were exchanged, compared to its average volume of 1,381,142. The firm has a market capitalization of $26.54 billion, a P/E ratio of 45.52, a P/E/G ratio of 3.32 and a beta of 0.57. Church & Dwight has a 1-year low of $96.35 and a 1-year high of $116.46. The firm's 50 day moving average price is $107.19 and its 200-day moving average price is $105.83. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51.

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Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS 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 posted $0.65 earnings per share. As a group, equities analysts forecast that Church & Dwight will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

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

Insiders Place Their Bets

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the transaction, the executive vice president now owns 10,497 shares of the company's stock, valued at approximately $1,217,442.06. This represents a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the transaction, the executive vice president now directly owns 6,437 shares in the company, valued at approximately $707,941.26. This represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,570 shares of company stock worth $7,538,449 over the last 90 days. Corporate insiders own 2.00% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its stake in Church & Dwight by 3.1% in the fourth quarter. California State Teachers Retirement System now owns 408,294 shares of the company's stock valued at $42,752,000 after acquiring an additional 12,239 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Church & Dwight by 89.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 53,164 shares of the company's stock valued at $5,567,000 after acquiring an additional 25,080 shares during the last quarter. Siemens Fonds Invest GmbH increased its stake in Church & Dwight by 3.9% in the fourth quarter. Siemens Fonds Invest GmbH now owns 9,242 shares of the company's stock valued at $967,000 after acquiring an additional 347 shares during the last quarter. Cim LLC increased its stake in Church & Dwight by 0.8% in the fourth quarter. Cim LLC now owns 34,209 shares of the company's stock valued at $3,582,000 after acquiring an additional 286 shares during the last quarter. Finally, Menard Financial Group LLC bought a new position in Church & Dwight in the fourth quarter valued at $99,000. Institutional investors own 86.60% of the company's stock.

Church & Dwight Company Profile

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.