Church & Dwight (NYSE:CHD) Price Target Raised to $117.00

Church & Dwight (NYSE:CHD) had its price target raised by Morgan Stanley from $112.00 to $117.00 in a research report released on Monday,Benzinga reports. They currently have an equal weight rating on the stock.

CHD has been the topic of a number of other reports. UBS Group reaffirmed a “neutral” rating and set a $106.00 price target on shares of Church & Dwight in a report on Thursday, October 15th. JPMorgan Chase & Co. increased their price objective on Church & Dwight from $105.00 to $109.00 and gave the company a “neutral” rating in a research report on Monday. Citigroup reiterated a “neutral” rating and issued a $105.00 price objective (up from $100.00) on shares of Church & Dwight in a report on Monday, August 3rd. Wells Fargo & Company reissued an “overweight” rating and issued a $115.00 target price (up from $105.00) on shares of Church & Dwight in a research report on Monday. Finally, Oppenheimer upped their target price on shares of Church & Dwight from $115.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday, October 28th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $108.44.

Church & Dwight Stock Performance

CHD stock opened at $112.08 on Monday. The stock has a market capitalization of $26.45 billion, a PE ratio of 30.16, a price-to-earnings-growth ratio of 3.86 and a beta of 0.45. Church & Dwight has a 12-month low of $81.49 and a 12-month high of $113.25. The company has a current ratio of 0.96, a quick ratio of 0.62 and a debt-to-equity ratio of 0.40. The stock’s 50 day simple moving average is $99.83 and its 200 day simple moving average is $97.98.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, October 30th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.90 by $0.02. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.58 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.41%. The company’s revenue was up 1.0% compared to the same quarter last year. During the same period last year, the business posted $0.81 EPS. As a group, research analysts forecast that Church & Dwight will post 3.77 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be given a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, November 13th. Church & Dwight’s payout ratio is 37.85%.

Insider Activity at Church & Dwight

In other Church & Dwight news, Director Bradley Irwin sold 4,300 shares of the business’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $110.36, for a total transaction of $474,548.00. Following the completion of the sale, the director directly owned 35,674 shares in the company, valued at approximately $3,936,982.64. The trade was a 10.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Carlos Linares sold 15,375 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $103.00, for a total value of $1,583,625.00. Following the transaction, the executive vice president directly owned 4,668 shares in the company, valued at $480,804. The trade was a 76.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 127,690 shares of company stock valued at $13,712,471 in the last quarter. 2.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Church & Dwight

A number of hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Church & Dwight in the second quarter worth about $2,174,535,000. Allspring Global Investments Holdings LLC grew its stake in shares of Church & Dwight by 51.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company’s stock valued at $468,902,000 after purchasing an additional 1,709,090 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Church & Dwight by 18.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,925,749 shares of the company’s stock valued at $283,447,000 after purchasing an additional 457,445 shares during the last quarter. Bank of America Corp DE increased its position in shares of Church & Dwight by 28.9% during the 1st quarter. Bank of America Corp DE now owns 2,548,871 shares of the company’s stock valued at $237,861,000 after purchasing an additional 572,085 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Church & Dwight by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,170,890 shares of the company’s stock valued at $202,597,000 after purchasing an additional 64,803 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Key Headlines Impacting Church & Dwight

Here are the key news stories impacting Church & Dwight this week:

• Positive Sentiment: Several analysts raised price targets or expressed optimism: Wells Fargo reiterated an “overweight” rating and raised its target to $115, while Morgan Stanley lifted its target to $117. JPMorgan said the stock could rise, and Citigroup also boosted its target. These revisions add support after the company’s recent quarterly earnings beat and stronger sales outlook. Wells Fargo rating
• Neutral Sentiment: Analyst views remain mixed: Morgan Stanley’s higher target came with an “equal weight” rating, while the broader consensus was reported as “Hold.” This suggests target increases do not necessarily signal strong conviction that shares will keep advancing. Morgan Stanley outlook
• Negative Sentiment: Barclays maintained a “sell”/underweight stance despite raising its price target to $89, a cautious call that points to potential downside from recent levels. Barclays rating
• Negative Sentiment: CEO Richard Dierker sold 83,340 shares for about $9.1 million, reducing his reported ownership by 68.31%. Director Bradley Irwin also sold 4,300 shares, worth about $475,000. Insider sales can weigh on sentiment, though the filings do not give reasons for the transactions. CEO transaction filing Director transaction filing

Church & Dwight Company Profile

Church & Dwight Co, Inc is a consumer packaged goods company that develops, manufactures and markets household, personal care and specialty products. Its portfolio is anchored by the ARM & HAMMER brand, which is used across products such as baking soda, laundry detergent, cat litter, household cleaners, oral care products and personal care items.

The company also markets a broad range of branded products, including OxiClean laundry and cleaning products, Trojan sexual wellness products, Waterpik oral health devices, First Response pregnancy and fertility tests, Nair hair-removal products, Orajel oral pain relief, TheraBreath oral care products, and vitamins and supplements sold under the Vitafusion and L’il Critters brands.