Church & Dwight Co., Inc. (NYSE:CHD) Receives $111.53 Consensus Target Price from Analysts

Church & Dwight Co., Inc. (NYSE:CHD) has earned a consensus recommendation of “Hold” from the seventeen analysts that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $111.47.

A number of equities research analysts have recently weighed in on CHD shares. Truist Financial lifted their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. TD Cowen raised their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. cut their target price on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research note on Friday. Finally, Wells Fargo & Company raised their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th.

Insider Activity at Church & Dwight

In other news, EVP Rick Spann sold 39,520 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total value of $4,426,240.00. Following the completion of the transaction, the executive vice president now owns 4,973 shares in the company, valued at approximately $556,976. This represents a 88.82 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the stock in a transaction on 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 in the company, valued at $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 49,522 shares of company stock valued at $5,487,555 over the last three months. 2.00% of the stock is owned by corporate insiders.

Institutional Trading of Church & Dwight

Several institutional investors and hedge funds have recently bought and sold shares of the business. YANKCOM Partnership purchased a new position in Church & Dwight during the 4th quarter worth $25,000. Capital Performance Advisors LLP acquired a new stake in shares of Church & Dwight during the third quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Church & Dwight during the third quarter worth about $28,000. Versant Capital Management Inc increased its position in Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new stake in Church & Dwight during the 4th quarter valued at approximately $39,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Price Performance

CHD stock opened at $107.52 on Thursday. The stock has a market cap of $26.45 billion, a price-to-earnings ratio of 45.37, a price-to-earnings-growth ratio of 3.32 and a beta of 0.59. Church & Dwight has a 52-week low of $96.35 and a 52-week high of $113.50. The business has a fifty day moving average of $105.39 and a two-hundred day moving average of $104.78. 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 (NYSE:CHD) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period last year, the company posted $0.65 EPS. As a group, research analysts anticipate that Church & Dwight will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders 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 dividend yield of 1.10%. The ex-dividend date is Friday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is 49.79%.

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.