Wells Fargo & Company Has Lowered Expectations for Church & Dwight (NYSE:CHD) Stock Price

Church & Dwight (NYSE:CHD) had its target price trimmed by Wells Fargo & Company from $108.00 to $100.00 in a research note released on Thursday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

Several other brokerages have also recently weighed in on CHD. JPMorgan Chase & Co. decreased their price target on Church & Dwight from $97.00 to $92.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Royal Bank Of Canada raised Church & Dwight from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from $100.00 to $114.00 in a report on Monday, June 2nd. Barclays cut their price objective on Church & Dwight from $84.00 to $83.00 and set an “underweight” rating for the company in a report on Monday, August 4th. Evercore ISI cut their price objective on Church & Dwight from $102.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 4th. Finally, Redburn Partners set a $83.00 price objective on Church & Dwight in a report on Monday, July 14th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $103.44.

Church & Dwight Trading Up 1.0%

Shares of CHD opened at $86.70 on Thursday. The business’s 50-day moving average price is $93.00 and its 200-day moving average price is $97.48. Church & Dwight has a twelve month low of $85.61 and a twelve month high of $116.46. The stock has a market cap of $21.12 billion, a PE ratio of 40.90, a P/E/G ratio of 3.58 and a beta of 0.44. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.09. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same period in the prior year, the business posted $0.93 earnings per share. The company’s revenue was down .3% on a year-over-year basis. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. On average, equities analysts forecast that Church & Dwight will post 3.7 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were paid a $0.295 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $1.18 annualized dividend and a yield of 1.4%. Church & Dwight’s dividend payout ratio is currently 55.66%.

Insiders Place Their Bets

In other news, EVP Lee B. Mcchesney bought 5,409 shares of the business’s stock in a transaction on Friday, August 8th. The stock was acquired at an average price of $91.38 per share, with a total value of $494,274.42. Following the completion of the purchase, the executive vice president directly owned 5,409 shares in the company, valued at $494,274.42. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Michael Read bought 2,000 shares of the business’s stock in a transaction on Tuesday, August 5th. The stock was purchased at an average cost of $91.27 per share, with a total value of $182,540.00. Following the purchase, the executive vice president owned 7,505 shares of the company’s stock, valued at $684,981.35. This represents a 36.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 12,879 shares of company stock valued at $1,177,702 over the last quarter. 2.00% of the stock is owned by corporate insiders.

Institutional Trading of Church & Dwight

A number of institutional investors have recently made changes to their positions in the stock. Caldwell Trust Co purchased a new stake in shares of Church & Dwight during the second quarter valued at approximately $1,468,000. Osaic Holdings Inc. boosted its stake in shares of Church & Dwight by 0.6% during the second quarter. Osaic Holdings Inc. now owns 35,292 shares of the company’s stock valued at $3,400,000 after purchasing an additional 206 shares during the period. Orion Porfolio Solutions LLC boosted its stake in shares of Church & Dwight by 13.6% during the second quarter. Orion Porfolio Solutions LLC now owns 13,362 shares of the company’s stock valued at $1,284,000 after purchasing an additional 1,596 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of Church & Dwight by 3,269.4% during the second quarter. Thrivent Financial for Lutherans now owns 896,306 shares of the company’s stock valued at $86,134,000 after purchasing an additional 869,705 shares during the period. Finally, Stance Capital LLC purchased a new stake in shares of Church & Dwight during the second quarter valued at approximately $1,287,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.