Church & Dwight (NYSE:CHD) PT Lowered to $110.00

Church & Dwight (NYSE:CHD) had its target price reduced by Truist Financial from $115.00 to $110.00 in a report issued on Monday morning, Benzinga reports. Truist Financial currently has a buy rating on the stock.

Several other analysts also recently weighed in on CHD. Stifel Nicolaus lowered their price objective on Church & Dwight from $107.00 to $105.00 and set a hold rating for the company in a research report on Monday. Oppenheimer upped their price target on shares of Church & Dwight from $110.00 to $120.00 and gave the company an outperform rating in a report on Tuesday, April 23rd. Bank of America raised their price target on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a neutral rating in a report on Monday, April 15th. Evercore ISI upped their price objective on shares of Church & Dwight from $107.00 to $110.00 and gave the company an in-line rating in a research note on Friday, May 3rd. Finally, JPMorgan Chase & Co. increased their target price on shares of Church & Dwight from $97.00 to $101.00 and gave the stock an underweight rating in a report on Monday, July 22nd. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of Hold and a consensus price target of $106.58.

Church & Dwight Price Performance

CHD stock opened at $101.63 on Monday. The firm has a market cap of $24.88 billion, a P/E ratio of 32.26, a P/E/G ratio of 3.39 and a beta of 0.52. The firm’s fifty day moving average is $104.46 and its 200 day moving average is $103.48. Church & Dwight has a 52 week low of $82.25 and a 52 week high of $110.31. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, August 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.09. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period last year, the firm earned $0.92 earnings per share. Research analysts predict that Church & Dwight will post 3.43 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th will be given a dividend of $0.2838 per share. The ex-dividend date is Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.12%. Church & Dwight’s dividend payout ratio (DPR) is currently 35.87%.

Insider Buying and Selling

In other news, CFO Richard A. Dierker sold 86,740 shares of Church & Dwight stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the completion of the transaction, the chief financial officer now directly owns 7,634 shares in the company, valued at $813,479.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Richard A. Dierker sold 86,740 shares of the stock in a transaction on Friday, June 14th. The stock was sold at an average price of $106.56, for a total value of $9,243,014.40. Following the sale, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at $813,479.04. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Barry A. Bruno sold 59,328 shares of Church & Dwight stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the transaction, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at approximately $429,179.03. The disclosure for this sale can be found here. Insiders have sold 220,722 shares of company stock valued at $23,139,816 over the last quarter. Corporate insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Church & Dwight

Institutional investors have recently made changes to their positions in the company. Game Plan Financial Advisors LLC purchased a new position in Church & Dwight in the 1st quarter worth approximately $26,000. Crewe Advisors LLC bought a new stake in shares of Church & Dwight in the 1st quarter worth $28,000. Roble Belko & Company Inc purchased a new position in shares of Church & Dwight in the first quarter worth $31,000. Rothschild Investment LLC bought a new position in shares of Church & Dwight during the second quarter valued at $31,000. Finally, Creekmur Asset Management LLC purchased a new stake in shares of Church & Dwight during the fourth quarter valued at $32,000. 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.