Church & Dwight (NYSE:CHD) PT Raised to $86.00 at JPMorgan Chase & Co.

Church & Dwight (NYSE:CHDGet Rating) had its price target lifted by JPMorgan Chase & Co. from $84.00 to $86.00 in a report released on Thursday morning, The Fly reports.

A number of other brokerages also recently commented on CHD. The Goldman Sachs Group decreased their price objective on shares of Church & Dwight from $105.00 to $101.00 in a research report on Tuesday, March 29th. StockNews.com began coverage on shares of Church & Dwight in a report on Thursday, March 31st. They set a hold rating for the company. Morgan Stanley lifted their target price on shares of Church & Dwight from $80.00 to $86.00 and gave the stock an underweight rating in a report on Tuesday, April 12th. Barclays reduced their target price on shares of Church & Dwight from $81.00 to $77.00 and set an underweight rating for the company in a report on Monday, May 23rd. Finally, Wells Fargo & Company lifted their target price on shares of Church & Dwight from $95.00 to $100.00 and gave the stock an overweight rating in a report on Tuesday, June 28th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of Hold and an average target price of $98.50.

Church & Dwight Stock Performance

Shares of CHD opened at $94.06 on Thursday. The firm has a 50-day moving average of $90.56 and a 200-day moving average of $96.57. Church & Dwight has a one year low of $80.34 and a one year high of $105.28. The company has a market cap of $22.84 billion, a PE ratio of 28.85, a price-to-earnings-growth ratio of 3.73 and a beta of 0.39. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.65 and a quick ratio of 0.33.

Church & Dwight (NYSE:CHDGet Rating) last announced its quarterly earnings data on Thursday, April 28th. The company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.07. Church & Dwight had a net margin of 15.46% and a return on equity of 22.29%. The company had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the firm posted $0.83 EPS. The company’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, equities analysts forecast that Church & Dwight will post 3.15 earnings per share for the current year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 1st. Shareholders of record on Monday, May 16th were given a dividend of $0.2625 per share. The ex-dividend date of this dividend was Friday, May 13th. This represents a $1.05 dividend on an annualized basis and a yield of 1.12%. Church & Dwight’s dividend payout ratio is presently 32.21%.

Insiders Place Their Bets

In other Church & Dwight news, Director Bradley C. Irwin sold 7,000 shares of the stock in a transaction dated Wednesday, May 11th. The shares were sold at an average price of $97.86, for a total transaction of $685,020.00. Following the completion of the transaction, the director now owns 41,636 shares in the company, valued at $4,074,498.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.70% 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 business. BlackRock Inc. boosted its position in shares of Church & Dwight by 0.4% in the first quarter. BlackRock Inc. now owns 19,176,152 shares of the company’s stock valued at $1,905,727,000 after acquiring an additional 73,507 shares during the period. State Street Corp boosted its position in shares of Church & Dwight by 1.3% in the fourth quarter. State Street Corp now owns 12,291,175 shares of the company’s stock valued at $1,259,845,000 after acquiring an additional 154,906 shares during the period. Fundsmith LLP boosted its position in shares of Church & Dwight by 5.8% in the fourth quarter. Fundsmith LLP now owns 11,658,319 shares of the company’s stock valued at $1,194,978,000 after acquiring an additional 635,823 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of Church & Dwight by 35.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,087,707 shares of the company’s stock valued at $623,990,000 after acquiring an additional 1,596,506 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Church & Dwight by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 4,632,313 shares of the company’s stock valued at $473,581,000 after acquiring an additional 106,461 shares during the period. Institutional investors own 84.81% of the company’s stock.

Church & Dwight Company Profile

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Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates through 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; battery-operated and manual 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 replacement showerheads under the WATERPIK brand; FLAWLESS products; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand.

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