Church & Dwight (NYSE:CHD) Price Target Raised to $120.00

Church & Dwight (NYSE:CHD - Get Free Report) had its price target hoisted by stock analysts at Wells Fargo & Company from $115.00 to $120.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Wells Fargo & Company's target price would suggest a potential upside of 17.34% from the company's current price.

Other equities research analysts also recently issued research reports about the stock. Piper Sandler decreased their price target on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research note on Monday, February 3rd. Truist Financial upped their target price 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. JPMorgan Chase & Co. reduced their price objective 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 reaffirmed a "sector perform" rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Finally, Stifel Nicolaus boosted their target price on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $112.13.

Church & Dwight Price Performance

CHD traded down $3.83 during trading on Wednesday, hitting $102.26. 1,306,746 shares of the company traded hands, compared to its average volume of 1,482,197. 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 company has a market cap of $25.17 billion, a PE ratio of 43.09, a P/E/G ratio of 3.32 and a beta of 0.55. The stock's 50-day simple moving average is $107.89 and its two-hundred day simple moving average is $106.13. Church & Dwight has a 1 year low of $96.35 and a 1 year high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its 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 prior year, the company earned $0.65 EPS. As a group, sell-side analysts anticipate that Church & Dwight will post 3.7 earnings per share for the current fiscal year.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction dated 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. The trade was a 63.21 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the sale, the executive vice president now 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. Over the last quarter, insiders sold 65,570 shares of company stock worth $7,538,449. Company insiders own 2.00% of the company's stock.

Institutional Investors Weigh In On Church & Dwight

Institutional investors have recently bought and sold shares of the company. Board of the Pension Protection Fund purchased a new stake in Church & Dwight in the fourth quarter valued at about $639,000. Oddo BHF Asset Management Sas acquired a new position in shares of Church & Dwight in the 3rd quarter valued at $5,934,000. American Century Companies Inc. raised its stake in shares of Church & Dwight by 0.5% in the fourth quarter. American Century Companies Inc. now owns 1,426,177 shares of the company's stock worth $149,335,000 after purchasing an additional 6,425 shares during the last quarter. Financial Enhancement Group LLC lifted its position in Church & Dwight by 456.2% during the fourth quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company's stock valued at $6,232,000 after purchasing an additional 49,693 shares during the period. Finally, Merit Financial Group LLC boosted its holdings in Church & Dwight by 131.0% in the fourth quarter. Merit Financial Group LLC now owns 5,769 shares of the company's stock valued at $604,000 after purchasing an additional 3,272 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

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.