Church & Dwight (NYSE:CHD) Price Target Cut to $94.00 by Analysts at Barclays

Church & Dwight (NYSE:CHD - Get Free Report) had its price objective cut by research analysts at Barclays from $97.00 to $94.00 in a report issued on Friday,Benzinga reports. The brokerage presently has an "underweight" rating on the stock. Barclays's target price indicates a potential downside of 11.04% from the stock's current price.

Other research analysts have also issued research reports about the stock. Wells Fargo & Company upped their price target on shares of Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research note on Wednesday, April 2nd. Piper Sandler reduced their price objective on shares of 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 Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a report on Friday, April 11th. Stifel Nicolaus upped their target price on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a report on Monday, February 3rd. Finally, Truist Financial lifted their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Church & Dwight currently has an average rating of "Hold" and an average target price of $112.59.

Church & Dwight Trading Up 2.6 %

Shares of CHD stock traded up $2.71 during trading hours on Friday, reaching $105.67. The company's stock had a trading volume of 513,045 shares, compared to its average volume of 1,506,652. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The firm's fifty day simple moving average is $107.20 and its 200 day simple moving average is $106.07. The stock has a market capitalization of $26.01 billion, a P/E ratio of 44.54, a P/E/G ratio of 3.32 and a beta of 0.55. Church & Dwight has a one year low of $96.35 and a one year high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results 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 period in the previous year, the business earned $0.65 earnings per share. Equities research analysts expect that Church & Dwight will post 3.7 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction 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. The trade was a 63.21 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $115.98, for a total value of $6,322,069.80. Following the completion of the transaction, the executive vice president now directly owns 10,497 shares in the company, valued at approximately $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. Over the last 90 days, insiders sold 65,570 shares of company stock worth $7,538,449. 1.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Church & Dwight

Several institutional investors have recently added to or reduced their stakes in the business. Lake Street Advisors Group LLC boosted its stake in shares of Church & Dwight by 3.7% during the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company's stock worth $282,000 after acquiring an additional 97 shares in the last quarter. Advisory Alpha LLC boosted its position in shares of Church & Dwight by 3.7% during the first quarter. Advisory Alpha LLC now owns 2,707 shares of the company's stock worth $298,000 after buying an additional 97 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in Church & Dwight by 0.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock valued at $2,199,000 after purchasing an additional 103 shares during the period. Whittier Trust Co. increased its holdings in Church & Dwight by 3.2% in the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company's stock valued at $345,000 after buying an additional 103 shares during the last quarter. Finally, HCR Wealth Advisors raised its holdings in Church & Dwight by 0.9% during the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock worth $1,231,000 after purchasing an additional 106 shares in the last quarter. Institutional investors and hedge funds 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.