Church & Dwight (NYSE:CHD) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Church & Dwight (NYSE:CHD) had its target price increased by Deutsche Bank Aktiengesellschaft from $114.00 to $115.00 in a research note released on Monday morning,Benzinga reports. They currently have a buy rating on the stock.

Other equities research analysts have also issued reports about the company. Barclays upped their price objective on Church & Dwight from $82.00 to $86.00 and gave the company an “underweight” rating in a research note on Friday, October 11th. JPMorgan Chase & Co. upped their price objective on Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research note on Monday. TD Cowen assumed coverage on Church & Dwight in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price objective on the stock. Evercore ISI decreased their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research report on Monday, August 5th. Finally, Morgan Stanley lowered Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price target on the stock. in a research report on Monday, September 9th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $108.05.

Church & Dwight Trading Up 0.7 %

Shares of CHD opened at $103.91 on Monday. Church & Dwight has a 12-month low of $88.37 and a 12-month high of $110.31. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $25.46 billion, a price-to-earnings ratio of 46.60, a P/E/G ratio of 3.78 and a beta of 0.55. The stock’s 50-day moving average price is $103.01 and its 200 day moving average price is $104.02.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the prior year, the company posted $0.74 EPS. The company’s revenue was up 3.8% compared to the same quarter last year. As a group, research analysts predict that Church & Dwight will post 3.45 earnings per share for the current year.

Church & Dwight Announces Dividend

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

Insider Activity at Church & Dwight

In related news, CEO Matthew Farrell sold 165,823 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.03, for a total value of $17,084,743.69. Following the transaction, the chief executive officer now directly owns 112,719 shares in the company, valued at $11,613,438.57. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director Arthur B. Winkleblack sold 11,590 shares of the 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 owns 7,129 shares of the company’s stock, valued at $740,275.36. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of the 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 $11,613,438.57. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 477,413 shares of company stock worth $49,440,249 over the last ninety days. Company insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new position in Church & Dwight during the third quarter worth $27,000. Ashton Thomas Securities LLC acquired a new position in Church & Dwight during the third quarter worth $28,000. Crewe Advisors LLC acquired a new stake in Church & Dwight in the first quarter valued at $28,000. Rothschild Investment LLC acquired a new stake in Church & Dwight in the second quarter valued at $31,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in Church & Dwight in the second quarter valued at $33,000. 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.