Church & Dwight Co., Inc. (NYSE:CHD) Receives Average Rating of “Hold” from Analysts

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have been given an average recommendation of “Hold” by the nineteen ratings firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $108.53.

Several research firms recently weighed in on CHD. TD Cowen lifted their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Piper Sandler assumed coverage on Church & Dwight in a research report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 target price on the stock. Barclays dropped their target price on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. Finally, Morgan Stanley lowered shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective for the company. in a report on Monday, September 9th.

Insider Activity at Church & Dwight

In related news, EVP Rick Spann sold 39,520 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the sale, the executive vice president now owns 4,973 shares in the company, valued at approximately $556,976. This trade represents a 88.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares in the company, valued at approximately $44,976. The trade was a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 583,035 shares of company stock worth $61,221,708 over the last three months. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Church & Dwight

Institutional investors and hedge funds have recently made changes to their positions in the business. QRG Capital Management Inc. raised its position in shares of Church & Dwight by 6.7% during the 2nd quarter. QRG Capital Management Inc. now owns 11,466 shares of the company’s stock worth $1,189,000 after purchasing an additional 720 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Church & Dwight by 269.3% during the 2nd quarter. SG Americas Securities LLC now owns 75,590 shares of the company’s stock worth $7,837,000 after purchasing an additional 55,123 shares during the last quarter. Czech National Bank grew its position in shares of Church & Dwight by 7.5% in the second quarter. Czech National Bank now owns 46,597 shares of the company’s stock valued at $4,831,000 after purchasing an additional 3,246 shares in the last quarter. New Hampshire Trust lifted its position in Church & Dwight by 6.4% during the second quarter. New Hampshire Trust now owns 2,488 shares of the company’s stock worth $258,000 after buying an additional 150 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its stake in Church & Dwight by 63.3% during the second quarter. Sequoia Financial Advisors LLC now owns 12,305 shares of the company’s stock worth $1,276,000 after buying an additional 4,772 shares during the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Price Performance

Shares of CHD opened at $105.52 on Friday. The company has a market capitalization of $25.85 billion, a P/E ratio of 47.32, a price-to-earnings-growth ratio of 3.92 and a beta of 0.57. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. Church & Dwight has a twelve month low of $90.26 and a twelve month high of $113.50. The firm has a 50 day moving average of $105.55 and a 200 day moving average of $104.41.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the business earned $0.74 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Church & Dwight will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.08%. The ex-dividend date was Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is currently 50.67%.

Church & Dwight Company Profile

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.