Wells Fargo & Company Cuts Church & Dwight (NYSE:CHD) Price Target to $105.00

Church & Dwight (NYSE:CHD) had its target price reduced by Wells Fargo & Company from $110.00 to $105.00 in a report issued on Monday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other research firms have also weighed in on CHD. Jefferies Financial Group reiterated a “buy” rating and issued a $115.00 price target on shares of Church & Dwight in a research report on Monday, August 3rd. Weiss Ratings upgraded Church & Dwight from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. UBS Group reaffirmed a “neutral” rating and set a $107.00 price objective (up from $104.00) on shares of Church & Dwight in a research note on Monday, August 3rd. Wall Street Zen cut shares of Church & Dwight from a “hold” rating to a “sell” rating in a report on Saturday, September 19th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Eight analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $104.06.

Church & Dwight Price Performance

Shares of NYSE:CHD opened at $96.68 on Monday. Church & Dwight has a one year low of $81.33 and a one year high of $106.04. The stock has a fifty day moving average of $98.26 and a 200-day moving average of $96.72. The company has a market capitalization of $22.93 billion, a PE ratio of 31.09, a price-to-earnings-growth ratio of 3.43 and a beta of 0.49. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.15.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, July 31st. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.01). The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a return on equity of 20.10% and a net margin of 11.96%.The business’s revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.94 earnings per share. Church & Dwight has set its Q3 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 3.740-3.810 EPS. As a group, equities analysts anticipate that Church & Dwight will post 3.78 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 14th were paid a $0.3075 dividend. This represents a $1.23 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, August 14th. Church & Dwight’s dividend payout ratio is currently 39.55%.

Insiders Place Their Bets

In other news, Director Arthur B. Winkleblack sold 13,200 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $102.83, for a total value of $1,357,356.00. Following the completion of the sale, the director directly owned 7,129 shares of the company’s stock, valued at $733,075.07. This represents a 64.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Carlos G. Linares sold 15,375 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $103.00, for a total transaction of $1,583,625.00. Following the completion of the sale, the executive vice president directly owned 4,668 shares of the company’s stock, valued at $480,804. This trade represents a 76.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 53,250 shares of company stock valued at $5,462,048. 2.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Walter Public Investments Inc. purchased a new stake in shares of Church & Dwight during the first quarter worth $5,721,000. Louisiana State Employees Retirement System purchased a new position in Church & Dwight in the first quarter valued at about $1,129,000. National Pension Service grew its stake in Church & Dwight by 67.6% in the second quarter. National Pension Service now owns 30,911 shares of the company’s stock valued at $2,995,000 after purchasing an additional 12,463 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Church & Dwight in the 1st quarter worth about $2,382,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Church & Dwight during the 2nd quarter worth about $6,541,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

About Church & Dwight

Church & Dwight Co, Inc is a consumer packaged goods company best known for its Arm & Hammer brand. Founded in 1846, the company began by marketing baking soda and has expanded into a broad portfolio of household, personal care and specialty products.

Its consumer products include laundry detergents and additives, cat litter, cleaning products, oral care items, personal care products, condoms and pregnancy tests, vitamins and supplements, hair-care products, depilatories and water flossers.