Church & Dwight Co., Inc. (NYSE:CHD) Receives $112.13 Consensus PT from Analysts

Church & Dwight Co., Inc. (NYSE:CHD) has earned a consensus recommendation of “Hold” from the sixteen analysts that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $111.44.

CHD has been the topic of several research analyst reports. Piper Sandler dropped their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Barclays cut their target price on Church & Dwight from $97.00 to $94.00 and set an “underweight” rating for the company in a research note on Friday. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. Wells Fargo & Company upped their price objective on Church & Dwight from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday, April 2nd. Finally, Stifel Nicolaus raised their target price on Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd.

Church & Dwight Stock Up 0.5 %

Shares of CHD opened at $104.24 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight has a 52 week low of $96.35 and a 52 week high of $116.46. The stock’s 50-day moving average price is $107.28 and its 200-day moving average price is $106.09. The company has a market capitalization of $25.65 billion, a price-to-earnings ratio of 43.98, a PEG ratio of 3.32 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting 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 quarter last year, the company posted $0.65 EPS. On average, sell-side analysts predict that Church & Dwight will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.13%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is 49.79%.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Church & Dwight

Hedge funds and other institutional investors have recently made changes to their positions in the stock. YANKCOM Partnership purchased a new position in Church & Dwight in the fourth quarter worth approximately $25,000. Versant Capital Management Inc grew its stake in shares of Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after purchasing an additional 184 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in Church & Dwight in the fourth quarter valued at $39,000. Bernard Wealth Management Corp. acquired a new stake in Church & Dwight in the fourth quarter valued at $40,000. Finally, Bank of Jackson Hole Trust purchased a new stake in Church & Dwight during the 4th quarter worth about $43,000. 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.