Church & Dwight Co., Inc. (NYSE:CHD) Receives $109.56 Average Price Target from Analysts

Shares of Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) have been given a consensus rating of "Hold" by the eighteen brokerages that are currently covering the stock, Marketbeat reports. Two equities research 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 updated their coverage on the stock in the last year is $109.56.

CHD has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. JPMorgan Chase & Co. raised their target price on shares of Church & Dwight from $98.00 to $99.00 and gave the company an "underweight" rating in a research note on Monday, November 4th. Wells Fargo & Company boosted their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. Morgan Stanley cut Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price objective for the company. in a research report on Monday, September 9th. Finally, Piper Sandler initiated coverage on Church & Dwight in a report on Tuesday, September 24th. They set an "overweight" rating and a $120.00 target price on the stock.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Rick Spann sold 39,520 shares of the firm's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $112.00, for a total value of $4,426,240.00. Following the completion of the sale, the executive vice president now directly owns 4,973 shares in the company, valued at $556,976. This trade represents a 88.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the company's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the sale, the executive vice president now directly owns 10,325 shares in the company, valued at $1,158,361.75. This represents a 81.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 593,035 shares of company stock worth $62,282,808. Corporate insiders own 2.00% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. State Street Corp increased its position in Church & Dwight by 8.0% in the third quarter. State Street Corp now owns 13,116,334 shares of the company's stock worth $1,373,542,000 after buying an additional 969,006 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Church & Dwight by 5.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company's stock valued at $839,472,000 after purchasing an additional 429,863 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Church & Dwight by 0.5% during the 3rd quarter. Stifel Financial Corp now owns 4,295,527 shares of the company's stock worth $449,830,000 after acquiring an additional 21,607 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Church & Dwight by 5.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company's stock worth $351,668,000 after buying an additional 175,221 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Church & Dwight by 1.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,399,502 shares of the company's stock valued at $146,556,000 after purchasing an additional 16,257 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Up 0.1 %

CHD stock traded up $0.09 during midday trading on Wednesday, hitting $104.71. The company's stock had a trading volume of 814,550 shares, compared to its average volume of 1,395,382. The company's fifty day moving average price is $106.61 and its 200 day moving average price is $104.32. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. Church & Dwight has a twelve month low of $93.32 and a twelve month high of $113.50. The stock has a market capitalization of $25.65 billion, a P/E ratio of 46.96, a PEG ratio of 3.86 and a beta of 0.57.

Church & Dwight (NYSE:CHD - Get Free Report) last released its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the previous year, the business earned $0.74 earnings per share. Church & Dwight's quarterly revenue was up 3.8% on a year-over-year basis. As a group, equities research analysts predict that Church & Dwight will post 3.45 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were given 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 1.08%. Church & Dwight's dividend payout ratio 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.