Church & Dwight (NYSE:CHD) PT Lowered to $101.00

Church & Dwight (NYSE:CHD) had its price target cut by stock analysts at Evercore ISI from $110.00 to $101.00 in a report issued on Monday, Benzinga reports. The firm currently has an “in-line” rating on the stock. Evercore ISI’s price target suggests a potential upside of 1.81% from the company’s previous close.

CHD has been the topic of several other research reports. Bank of America boosted their price target on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, April 15th. Truist Financial dropped their price target on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research note on Monday. Deutsche Bank Aktiengesellschaft lifted their price objective on Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Stifel Nicolaus lowered their target price on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research report on Monday. Finally, TD Cowen assumed coverage on shares of Church & Dwight in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $106.28.

Church & Dwight Price Performance

Shares of NYSE CHD traded up $0.67 during mid-day trading on Monday, reaching $99.20. The company’s stock had a trading volume of 1,138,203 shares, compared to its average volume of 1,362,956. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.82. Church & Dwight has a 52 week low of $82.25 and a 52 week high of $110.31. The stock has a fifty day moving average of $104.68 and a two-hundred day moving average of $103.45. The firm has a market capitalization of $24.26 billion, a PE ratio of 31.53, a P/E/G ratio of 3.21 and a beta of 0.52.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.09. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.92 EPS. As a group, sell-side analysts anticipate that Church & Dwight will post 3.46 EPS for the current fiscal year.

Insider Activity at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 54,654 shares of the stock in a transaction on Friday, June 14th. The stock was sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the transaction, the executive vice president now owns 10,325 shares of the company’s stock, valued at approximately $1,104,775. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Robert K. Shearer sold 13,200 shares of Church & Dwight stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total value of $1,403,952.00. Following the transaction, the director now directly owns 29,108 shares in the company, valued at approximately $3,095,926.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,654 shares of the company’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $107.00, for a total value of $5,847,978.00. Following the sale, the executive vice president now owns 10,325 shares of the company’s stock, valued at $1,104,775. The disclosure for this sale can be found here. Over the last quarter, insiders sold 174,594 shares of company stock worth $18,648,344. Company insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Church & Dwight

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Arizona State Retirement System increased its position in shares of Church & Dwight by 1.5% during the fourth quarter. Arizona State Retirement System now owns 67,623 shares of the company’s stock worth $6,394,000 after purchasing an additional 983 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Church & Dwight in the fourth quarter valued at about $23,250,000. Prime Capital Investment Advisors LLC acquired a new stake in Church & Dwight in the fourth quarter worth about $210,000. DekaBank Deutsche Girozentrale grew its stake in shares of Church & Dwight by 21.4% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 109,150 shares of the company’s stock worth $10,213,000 after acquiring an additional 19,246 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Church & Dwight by 6.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 73,629 shares of the company’s stock valued at $6,962,000 after acquiring an additional 4,680 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

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.