Church & Dwight (NYSE:CHD) PT Raised to $101.00

Church & Dwight (NYSE:CHD) had its target price boosted by JPMorgan Chase & Co. from $97.00 to $101.00 in a research note published on Monday morning, Benzinga reports. They currently have an underweight rating on the stock.

Several other research firms have also recently commented on CHD. Argus boosted their price target on shares of Church & Dwight from $115.00 to $125.00 and gave the company a buy rating in a report on Tuesday, June 11th. Truist Financial boosted their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a buy rating in a report on Friday, May 3rd. Bank of America boosted their price target on shares of Church & Dwight from $100.00 to $104.00 and gave the company a neutral rating in a report on Monday, April 15th. HSBC upped their price objective on shares of Church & Dwight from $110.00 to $114.00 and gave the stock a hold rating in a report on Friday, May 3rd. Finally, Barclays cut their target price on shares of Church & Dwight from $82.00 to $80.00 and set an underweight rating for the company in a research report on Friday, July 19th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of Hold and an average target price of $107.28.

Church & Dwight Trading Down 0.5 %

NYSE CHD opened at $99.84 on Monday. Church & Dwight has a twelve month low of $82.25 and a twelve month high of $110.31. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. The stock has a market cap of $24.41 billion, a price-to-earnings ratio of 31.70, a PEG ratio of 3.27 and a beta of 0.52. The firm’s 50 day moving average price is $105.51 and its two-hundred day moving average price is $103.25.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the previous year, the company posted $0.85 EPS. Church & Dwight’s revenue was up 5.1% on a year-over-year basis. Equities analysts anticipate that Church & Dwight will post 3.46 EPS for the current year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend was Tuesday, May 14th. Church & Dwight’s dividend payout ratio is currently 35.87%.

Insider Activity

In other news, CFO Richard A. Dierker sold 86,740 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the completion of the transaction, the chief financial officer now owns 7,634 shares of the company’s stock, valued at $813,479.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Maynadier Patrick D. De sold 54,654 shares of the stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $107.00, for a total value of $5,847,978.00. Following the completion of the transaction, the executive vice president now owns 10,325 shares of the company’s stock, valued at $1,104,775. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Richard A. Dierker sold 86,740 shares of the stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the completion of the transaction, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at approximately $813,479.04. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 182,346 shares of company stock valued at $19,465,948. Insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CHD. Addison Capital Co bought a new stake in Church & Dwight during the second quarter worth about $266,000. Raymond James Trust N.A. grew its stake in Church & Dwight by 23.6% during the second quarter. Raymond James Trust N.A. now owns 6,439 shares of the company’s stock worth $668,000 after buying an additional 1,230 shares during the last quarter. Wedgewood Investors Inc. PA bought a new stake in Church & Dwight during the second quarter worth about $943,000. Pathway Financial Advisors LLC grew its stake in Church & Dwight by 1.3% during the second quarter. Pathway Financial Advisors LLC now owns 23,036 shares of the company’s stock worth $2,388,000 after buying an additional 300 shares during the last quarter. Finally, GFG Capital LLC grew its stake in Church & Dwight by 3.6% during the second quarter. GFG Capital LLC now owns 17,548 shares of the company’s stock worth $1,819,000 after buying an additional 604 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

About Church & Dwight

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.