Stifel Nicolaus Lowers Church & Dwight (NYSE:CHD) Price Target to $103.00

Church & Dwight (NYSE:CHD) had its price target lowered by equities research analysts at Stifel Nicolaus from $105.00 to $103.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “hold” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential downside of 3.74% from the company’s previous close.

CHD has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft lifted their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Barclays boosted their target price on Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research note on Friday. TD Cowen raised their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Piper Sandler boosted their price objective on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Finally, Wells Fargo & Company raised their target price 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. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $110.61.

Church & Dwight Stock Up 0.7 %

Shares of CHD traded up $0.73 on Friday, hitting $107.00. The company’s stock had a trading volume of 420,686 shares, compared to its average volume of 1,493,566. The firm’s fifty day moving average price is $106.82 and its 200-day moving average price is $104.03. Church & Dwight has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. 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 $26.21 billion, a price-to-earnings ratio of 47.97, a P/E/G ratio of 3.12 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results 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 net margin of 9.08% and a return on equity of 19.90%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the prior year, the company earned $0.74 earnings per share. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, equities research analysts expect that Church & Dwight will post 3.44 EPS for the current year.

Insiders Place Their Bets

In related news, CAO Joseph James Longo sold 7,780 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $112.44, for a total transaction of $874,783.20. Following the completion of the sale, the chief accounting officer now owns 400 shares of the company’s stock, valued at $44,976. This represents a 95.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the transaction, the executive vice president now owns 10,325 shares of the company’s stock, valued at $1,158,361.75. The trade was a 81.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 593,035 shares of company stock worth $62,282,808 in the last 90 days. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in shares of Church & Dwight by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 314,741 shares of the company’s stock worth $32,632,000 after buying an additional 10,618 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Church & Dwight by 15.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,168,866 shares of the company’s stock valued at $121,191,000 after purchasing an additional 159,233 shares in the last quarter. Axxcess Wealth Management LLC increased its position in Church & Dwight by 4.9% during the 2nd quarter. Axxcess Wealth Management LLC now owns 9,729 shares of the company’s stock worth $1,009,000 after purchasing an additional 454 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in Church & Dwight by 10.6% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 35,809 shares of the company’s stock worth $3,672,000 after purchasing an additional 3,440 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co boosted its position in Church & Dwight by 13.0% in the second quarter. Elo Mutual Pension Insurance Co now owns 23,056 shares of the company’s stock valued at $2,390,000 after buying an additional 2,645 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

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.