Church & Dwight Co., Inc. (NYSE:CHD) Receives Average Recommendation of "Hold" from Analysts

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) has received a consensus recommendation of "Hold" from the twenty research firms that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $108.05.

A number of equities research analysts recently issued reports on CHD shares. Morgan Stanley lowered Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price target for the company. in a research note on Monday, September 9th. Wells Fargo & Company lifted their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" rating in a research note on Monday, November 4th. Barclays dropped their price objective on Church & Dwight from $86.00 to $85.00 and set an "underweight" rating on the stock in a research note on Tuesday, November 5th. 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 report on Monday, November 4th. Finally, Truist Financial dropped their price target on Church & Dwight from $115.00 to $110.00 and set a "buy" rating on the stock in a research report on Monday, August 5th.

Insider Transactions at Church & Dwight

In other news, 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 sale, the director now directly owns 7,129 shares in the company, valued at $740,275.36. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Matthew Farrell sold 300,000 shares of the business's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total transaction of $31,152,000.00. Following the completion of the sale, the chief executive officer now owns 112,719 shares of the company's stock, valued at $11,704,740.96. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the sale, the director now owns 7,129 shares in the company, valued at approximately $740,275.36. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 477,413 shares of company stock valued at $49,440,249 in the last 90 days. 2.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Church & Dwight

Several hedge funds and other institutional investors have recently made changes to their positions in CHD. Summit Trail Advisors LLC boosted its stake in Church & Dwight by 43.7% during the 3rd quarter. Summit Trail Advisors LLC now owns 5,966 shares of the company's stock worth $625,000 after purchasing an additional 1,815 shares during the last quarter. Larson Financial Group LLC lifted its stake in Church & Dwight by 149.3% in the 3rd quarter. Larson Financial Group LLC now owns 2,730 shares of the company's stock worth $286,000 after purchasing an additional 1,635 shares in the last quarter. Swedbank AB boosted its holdings in shares of Church & Dwight by 19.5% during the 3rd quarter. Swedbank AB now owns 147,868 shares of the company's stock worth $15,485,000 after purchasing an additional 24,161 shares during the last quarter. Kingsview Wealth Management LLC increased its holdings in shares of Church & Dwight by 3.3% in the third quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company's stock valued at $353,000 after purchasing an additional 107 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in Church & Dwight by 51.5% in the 3rd quarter. Cerity Partners LLC now owns 52,259 shares of the company's stock valued at $5,473,000 after buying an additional 17,774 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Trading Up 0.3 %

Shares of NYSE CHD traded up $0.28 during trading hours on Tuesday, hitting $107.99. 1,542,440 shares of the company traded hands, compared to its average volume of 1,388,121. The company's 50 day moving average price is $103.28 and its 200 day moving average price is $103.99. Church & Dwight has a 12 month low of $89.05 and a 12 month high of $110.31. The stock has a market capitalization of $26.46 billion, a price-to-earnings ratio of 48.30, a price-to-earnings-growth ratio of 3.89 and a beta of 0.55. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

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

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight's 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.