Zacks Research Analysts Raise Earnings Estimates for Church & Dwight Co., Inc. (NYSE:CHD)

Church & Dwight Co., Inc. (NYSE:CHD) – Equities research analysts at Zacks Research lifted their Q3 2024 EPS estimates for shares of Church & Dwight in a research note issued on Wednesday, April 17th. Zacks Research analyst R. Department now expects that the company will earn $0.86 per share for the quarter, up from their previous estimate of $0.85. The consensus estimate for Church & Dwight’s current full-year earnings is $3.44 per share. Zacks Research also issued estimates for Church & Dwight’s FY2024 earnings at $3.41 EPS, Q3 2025 earnings at $0.93 EPS, FY2025 earnings at $3.66 EPS and FY2026 earnings at $4.05 EPS.

A number of other research firms also recently weighed in on CHD. Barclays upped their price target on Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a research report on Friday, April 12th. Truist Financial lifted their price target on shares of Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. UBS Group raised their price objective on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a report on Monday, February 5th. Argus upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a report on Friday, February 23rd. Finally, Bank of America boosted their price target on Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research report on Monday. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and an average price target of $103.27.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $103.45 on Thursday. The stock’s 50-day moving average is $101.84 and its 200-day moving average is $96.36. Church & Dwight has a one year low of $82.25 and a one year high of $105.67. The firm has a market cap of $25.23 billion, a price-to-earnings ratio of 34.03, a price-to-earnings-growth ratio of 3.43 and a beta of 0.53. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, hitting the consensus estimate of $0.65. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same quarter last year, the business posted $0.62 earnings per share. The company’s revenue was up 6.4% on a year-over-year basis.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were paid a dividend of $0.2838 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s dividend payout ratio (DPR) is 37.17%.

Insider Buying and Selling

In other Church & Dwight news, CFO Richard A. Dierker sold 24,380 shares of the stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the transaction, the chief financial officer now owns 7,634 shares in the company, valued at approximately $790,958.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CFO Richard A. Dierker sold 24,380 shares of the firm’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the transaction, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at $790,958.74. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Matthew Farrell sold 275,000 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the transaction, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,703,613.77. The disclosure for this sale can be found here. In the last ninety days, insiders sold 373,052 shares of company stock valued at $38,603,796. Insiders own 2.00% of the company’s stock.

Institutional Trading of Church & Dwight

Several large investors have recently modified their holdings of CHD. Chilton Capital Management LLC increased its holdings in Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after buying an additional 110 shares during the period. Global Retirement Partners LLC raised its position in Church & Dwight by 14.7% during the fourth quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock valued at $87,000 after purchasing an additional 113 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its stake in Church & Dwight by 2.4% during the first quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock worth $516,000 after purchasing an additional 117 shares during the last quarter. Gateway Advisory LLC boosted its holdings in shares of Church & Dwight by 4.4% in the 3rd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock valued at $262,000 after purchasing an additional 120 shares in the last quarter. Finally, Sovereign Financial Group Inc. increased its stake in shares of Church & Dwight by 0.7% in the 1st quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock valued at $1,819,000 after purchasing an additional 120 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

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.