Barclays Lowers Church & Dwight (NYSE:CHD) Price Target to $85.00

Church & Dwight (NYSE:CHD - Free Report) had its price objective lowered by Barclays from $86.00 to $85.00 in a report issued on Tuesday morning, Benzinga reports. The firm currently has an underweight rating on the stock.

A number of other equities analysts have also issued reports on the company. Wells Fargo & Company increased their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday. Morgan Stanley cut shares of Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price objective on the stock. in a research note on Monday, September 9th. TD Cowen boosted their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a report on Monday. Evercore ISI dropped their target price on shares of Church & Dwight from $110.00 to $101.00 and set an "in-line" rating on the stock in a report on Monday, August 5th. Finally, Truist Financial dropped their target price on shares of Church & Dwight from $115.00 to $110.00 and set a "buy" rating on the stock in a report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $108.05.

Church & Dwight Stock Performance

Shares of Church & Dwight stock traded up $1.17 on Tuesday, reaching $104.13. 1,587,020 shares of the company were exchanged, compared to its average volume of 1,378,360. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The company's 50-day moving average is $102.98 and its two-hundred day moving average is $104.03. The firm has a market cap of $25.49 billion, a price-to-earnings ratio of 46.70, a P/E/G ratio of 3.87 and a beta of 0.55. Church & Dwight has a 1-year low of $86.23 and a 1-year high of $110.31.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping 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 analysts' expectations of $1.50 billion. During the same period in the prior year, the firm earned $0.74 EPS. The business's quarterly revenue was up 3.8% on a year-over-year basis. As a group, research analysts expect that Church & Dwight will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.09%. The ex-dividend date is Friday, November 15th. Church & Dwight's dividend payout ratio is 50.67%.

Insiders Place Their Bets

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the business's stock in a transaction that occurred on Monday, November 4th. The shares were 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 directly owns 7,129 shares of the company's stock, valued at $740,275.36. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Director Arthur B. Winkleblack sold 11,590 shares of the company's stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the sale, the director now directly owns 7,129 shares of the company's stock, valued at approximately $740,275.36. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of the company's stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the sale, the chief executive officer now directly owns 112,719 shares of the company's stock, valued at approximately $11,613,438.57. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.40% of the company's stock.

Hedge Funds Weigh In On Church & Dwight

Several large investors have recently bought and sold shares of CHD. Capital Performance Advisors LLP acquired a new position in Church & Dwight during the 3rd quarter valued at $27,000. Crewe Advisors LLC acquired a new position in Church & Dwight during the 1st quarter valued at $28,000. Ashton Thomas Securities LLC acquired a new position in Church & Dwight during the 3rd quarter valued at $28,000. Rothschild Investment LLC acquired a new position in Church & Dwight during the 2nd quarter valued at $31,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight during the 2nd quarter valued at $33,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

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.