Church & Dwight (NYSE:CHD) Price Target Raised to $125.00

Church & Dwight (NYSE:CHDFree Report) had its target price hoisted by Argus from $115.00 to $125.00 in a research note published on Tuesday morning, Benzinga reports. The firm currently has a buy rating on the stock.

Several other equities research analysts have also recently weighed in on CHD. Evercore ISI increased their target price on Church & Dwight from $107.00 to $110.00 and gave the company an in-line rating in a report on Friday, May 3rd. Oppenheimer increased their price objective on Church & Dwight from $110.00 to $120.00 and gave the stock an outperform rating in a report on Tuesday, April 23rd. JPMorgan Chase & Co. dropped their price objective on Church & Dwight from $98.00 to $97.00 and set an underweight rating for the company in a report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft increased their price objective on Church & Dwight from $109.00 to $112.00 and gave the stock a buy rating in a report on Monday, April 22nd. Finally, Truist Financial increased their price objective on Church & Dwight from $110.00 to $115.00 and gave the stock a buy rating in a report on Friday, May 3rd. Three analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Hold and an average target price of $106.19.

Get Our Latest Report on Church & Dwight

Church & Dwight Price Performance

CHD opened at $106.48 on Tuesday. The stock has a 50-day moving average price of $105.74 and a 200-day moving average price of $100.93. Church & Dwight has a 12-month low of $82.25 and a 12-month high of $108.68. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $26.04 billion, a P/E ratio of 33.80, a PEG ratio of 3.51 and a beta of 0.51.

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

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Investors 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 yield of 1.07%. The ex-dividend date of this dividend was Tuesday, May 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Insider Activity at Church & Dwight

In related news, Director Robert K. Shearer sold 13,200 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total transaction of $1,403,952.00. Following the completion of the transaction, the director now owns 29,108 shares of the company’s stock, valued at approximately $3,095,926.88. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 20,000 shares of the stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $107.67, for a total transaction of $2,153,400.00. Following the sale, the director now directly owns 13,793 shares in the company, valued at approximately $1,485,092.31. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert K. Shearer sold 13,200 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $106.36, for a total value of $1,403,952.00. Following the sale, the director now owns 29,108 shares in the company, valued at $3,095,926.88. The disclosure for this sale can be found here. Insiders sold a total of 40,952 shares of company stock valued at $4,374,955 in the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Institutional Trading of Church & Dwight

Institutional investors have recently added to or reduced their stakes in the business. Game Plan Financial Advisors LLC purchased a new position in shares of Church & Dwight in the 1st quarter worth $26,000. Crewe Advisors LLC purchased a new position in shares of Church & Dwight in the 1st quarter worth $28,000. Chilton Capital Management LLC boosted its stake in shares of Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after buying an additional 110 shares during the last quarter. Roble Belko & Company Inc purchased a new position in shares of Church & Dwight in the 1st quarter worth $31,000. Finally, Creekmur Asset Management LLC purchased a new position in shares of Church & Dwight in the 4th quarter worth $32,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Church & Dwight (NYSE:CHD)

Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.