Church & Dwight (NYSE:CHD) Price Target Raised to $120.00 at Oppenheimer

Church & Dwight (NYSE:CHD) had its price objective upped by Oppenheimer from $110.00 to $120.00 in a research note issued to investors on Tuesday morning, Benzinga reports. The firm currently has an outperform rating on the stock.

Other analysts have also issued reports about the stock. JPMorgan Chase & Co. raised their price objective on shares of Church & Dwight from $87.00 to $95.00 and gave the company an underweight rating in a research note on Thursday, January 18th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Church & Dwight from $109.00 to $112.00 and gave the stock a buy rating in a report on Monday. Bank of America increased their target price on Church & Dwight from $100.00 to $104.00 and gave the company a neutral rating in a research note on Monday, April 15th. Royal Bank of Canada boosted their price target on Church & Dwight from $94.00 to $103.00 and gave the stock a sector perform rating in a research note on Monday, February 5th. Finally, Barclays lifted their price objective on Church & Dwight from $80.00 to $83.00 and gave the stock an underweight rating in a report on Friday, April 12th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Church & Dwight presently has an average rating of Hold and a consensus target price of $104.07.

Church & Dwight Stock Up 0.7 %

Shares of NYSE:CHD opened at $106.68 on Tuesday. Church & Dwight has a 1 year low of $82.25 and a 1 year high of $107.42. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. The stock’s 50-day moving average is $102.34 and its 200 day moving average is $96.83. The company has a market cap of $26.02 billion, a PE ratio of 35.09, a P/E/G ratio of 3.46 and a beta of 0.53.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.65 EPS for the quarter, hitting the consensus estimate of $0.65. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The business had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the previous year, the firm posted $0.62 earnings per share. Church & Dwight’s quarterly revenue was up 6.4% on a year-over-year basis. Sell-side analysts anticipate that Church & Dwight will post 3.44 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were paid a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.06%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Wednesday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 37.17%.

Insider Buying and Selling at Church & Dwight

In related news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total transaction of $930,041.60. Following the completion of the transaction, the executive vice president now directly owns 6,373 shares of the company’s stock, valued at $638,702.06. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the transaction, the executive vice president now owns 6,373 shares of the company’s stock, valued at approximately $638,702.06. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Penry W. Price sold 7,752 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $98.29, for a total value of $761,944.08. Following the transaction, the director now directly owns 25,692 shares in the company, valued at approximately $2,525,266.68. The disclosure for this sale can be found here. Insiders sold 373,052 shares of company stock valued at $38,603,796 in the last 90 days. Insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Church & Dwight

Several hedge funds have recently made changes to their positions in CHD. Game Plan Financial Advisors LLC purchased a new stake in shares of Church & Dwight during the 1st quarter valued at $26,000. Roble Belko & Company Inc purchased a new position in Church & Dwight in the 1st quarter valued at approximately $31,000. Chilton Capital Management LLC increased its position in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after acquiring an additional 110 shares during the period. Creekmur Asset Management LLC acquired a new stake in shares of Church & Dwight in the fourth quarter valued at $32,000. Finally, Annapolis Financial Services LLC boosted its holdings in Church & Dwight by 2,087.5% in the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after purchasing an additional 334 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

About Church & Dwight

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.