Church & Dwight (NYSE:CHD) Price Target Raised to $97.00 at Barclays

Church & Dwight (NYSE:CHD) had its price objective hoisted by equities researchers at Barclays from $93.00 to $97.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “underweight” rating on the stock. Barclays‘s price objective would suggest a potential downside of 11.12% from the stock’s previous close.

A number of other research firms have also recently issued reports on CHD. Stifel Nicolaus lifted their price target on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. reduced their price objective on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a report on Friday, February 21st. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Piper Sandler dropped their price objective on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Finally, Truist Financial lifted their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $111.81.

Church & Dwight Stock Up 0.7 %

NYSE CHD opened at $109.14 on Thursday. Church & Dwight has a 1-year low of $96.35 and a 1-year high of $116.46. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The stock’s 50 day moving average is $107.65 and its two-hundred day moving average is $105.93. The company has a market capitalization of $26.86 billion, a price-to-earnings ratio of 46.05, a PEG ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period in the prior year, the firm posted $0.65 EPS. Equities analysts forecast that Church & Dwight will post 3.7 earnings per share for the current fiscal year.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 11,060 shares of the business’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the transaction, the executive vice president now owns 6,437 shares of the company’s stock, valued at $707,941.26. The trade was a 63.21 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the completion of the sale, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,570 shares of company stock worth $7,538,449. Corporate insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Church & Dwight

Institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank acquired a new position in Church & Dwight during the fourth quarter worth approximately $318,532,000. JPMorgan Chase & Co. boosted its stake in shares of Church & Dwight by 19.4% during the 4th quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company’s stock worth $768,157,000 after acquiring an additional 1,190,154 shares during the period. Holocene Advisors LP bought a new stake in Church & Dwight in the 3rd quarter valued at $104,795,000. State Street Corp lifted its holdings in Church & Dwight by 8.0% during the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company’s stock valued at $1,373,542,000 after purchasing an additional 969,006 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Church & Dwight during the fourth quarter worth $76,565,000. 86.60% of the stock is owned by institutional investors.

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.