Brokerages Set Church & Dwight Co., Inc. (NYSE:CHD) Target Price at $112.13

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) has been given an average recommendation of "Hold" by the sixteen research firms that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $112.75.

Several equities analysts have weighed in on CHD shares. Truist Financial raised their target price on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Piper Sandler decreased their target price on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. JPMorgan Chase & Co. decreased their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a report on Friday, April 11th. Bank of America upgraded shares of Church & Dwight from a "neutral" rating to a "buy" rating and upped their price target for the company from $112.00 to $125.00 in a report on Tuesday. Finally, Wells Fargo & Company lifted their price objective on Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 2nd.

Church & Dwight Stock Down 0.4 %

NYSE CHD traded down $0.40 during trading on Friday, reaching $104.67. 74,917 shares of the company's stock were exchanged, compared to its average volume of 1,681,883. The company's fifty day simple moving average is $107.25 and its 200-day simple moving average is $106.09. Church & Dwight has a fifty-two week low of $96.35 and a fifty-two week high of $116.46. The firm has a market capitalization of $25.76 billion, a PE ratio of 44.19, a P/E/G ratio of 3.32 and a beta of 0.55. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD - Get Free Report) last posted 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 net margin of 9.58% and a return on equity of 20.03%. During the same period in the previous year, the firm earned $0.65 earnings per share. Sell-side analysts predict that Church & Dwight will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were paid a $0.295 dividend. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a yield of 1.13%. Church & Dwight's payout ratio is currently 49.79%.

Insiders Place Their Bets

In related news, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the sale, the executive vice president now owns 6,437 shares in the company, valued at $707,941.26. This trade represents a 63.21 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the company's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the sale, the executive vice president now directly owns 10,497 shares in the company, valued at $1,217,442.06. This represents a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock worth $7,538,449 over the last three months. 1.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Church & Dwight

Several institutional investors have recently bought and sold shares of CHD. Vanguard Group Inc. raised its stake in shares of Church & Dwight by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 30,691,064 shares of the company's stock worth $3,213,661,000 after buying an additional 193,602 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Church & Dwight by 19.4% during the 4th quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock worth $768,157,000 after purchasing an additional 1,190,154 shares during the last quarter. Geode Capital Management LLC increased its position in Church & Dwight by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 5,915,390 shares of the company's stock worth $617,794,000 after buying an additional 148,234 shares during the last quarter. Stifel Financial Corp raised its stake in Church & Dwight by 0.5% in the fourth quarter. Stifel Financial Corp now owns 4,316,414 shares of the company's stock valued at $451,975,000 after buying an additional 20,887 shares during the period. Finally, Norges Bank bought a new position in Church & Dwight during the fourth quarter worth $318,532,000. 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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.