JPMorgan Chase & Co. Has Lowered Expectations for Church & Dwight (NYSE:CHD) Stock Price

Church & Dwight (NYSE:CHD - Free Report) had its price objective decreased by JPMorgan Chase & Co. from $107.00 to $106.00 in a report issued on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has an underweight rating on the stock.

A number of other equities analysts have also recently commented on the stock. Stifel Nicolaus lifted their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. Truist Financial boosted their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft raised their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a report on Monday, November 4th. Royal Bank of Canada reiterated a "sector perform" rating and set a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. Finally, Barclays increased their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the company an "underweight" rating in a research report on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $111.47.

Church & Dwight Price Performance

Shares of Church & Dwight stock traded up $3.17 during trading on Friday, hitting $108.50. 281,061 shares of the stock traded hands, compared to its average volume of 1,533,142. The stock has a market cap of $26.69 billion, a price-to-earnings ratio of 45.83, a PEG ratio of 3.32 and a beta of 0.59. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight has a 52 week low of $96.35 and a 52 week high of $113.50. The firm's fifty day moving average is $105.35 and its 200-day moving average is $104.74.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same period last year, the company earned $0.65 earnings per share. Research analysts expect that Church & Dwight will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.09%. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, February 14th. Church & Dwight's payout ratio is presently 49.79%.

Insiders Place Their Bets

In related news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the transaction, the director now directly owns 32,500 shares of the company's stock, valued at $3,448,575. This trade represents a 23.53 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Rick Spann sold 39,520 shares of the business's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the sale, the executive vice president now directly owns 4,973 shares in the company, valued at $556,976. The trade was a 88.82 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 49,522 shares of company stock worth $5,487,555. Company insiders own 2.00% of the company's stock.

Hedge Funds Weigh In On Church & Dwight

Large investors have recently made changes to their positions in the business. YANKCOM Partnership bought a new position in Church & Dwight during the 4th quarter valued at approximately $25,000. Capital Performance Advisors LLP purchased a new stake in shares of Church & Dwight in the third quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Church & Dwight in the third quarter worth $28,000. Versant Capital Management Inc increased its holdings in shares of Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock valued at $28,000 after acquiring an additional 184 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in shares of Church & Dwight in the 4th quarter worth about $39,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.