Church & Dwight Co., Inc. (NYSE:CHD) Given Consensus Rating of “Hold” by Analysts

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have received an average rating of “Hold” from the sixteen analysts that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $104.07.

CHD has been the subject of several research reports. Royal Bank of Canada raised their price target on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research note on Monday, February 5th. JPMorgan Chase & Co. raised their target price 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. Stifel Nicolaus raised their target price on shares of Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a research note on Monday, February 5th. UBS Group raised their target price on shares of Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research note on Monday, February 5th. Finally, The Goldman Sachs Group initiated coverage on shares of Church & Dwight in a research note on Friday, March 1st. They issued a “buy” rating and a $110.00 target price for the company.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Michael Read sold 4,500 shares of Church & Dwight stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total value of $1,037,763.30. Following the sale, the executive vice president now owns 4,319 shares in the company, valued at $451,551.45. The disclosure for this sale can be found here. Insiders have sold a total of 373,052 shares of company stock worth $38,603,796 over the last 90 days. Insiders own 2.00% of the company’s stock.

Institutional Trading of Church & Dwight

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Simplicity Solutions LLC lifted its stake in shares of Church & Dwight by 69.5% in the fourth quarter. Simplicity Solutions LLC now owns 26,257 shares of the company’s stock worth $2,483,000 after acquiring an additional 10,762 shares during the period. abrdn plc lifted its stake in Church & Dwight by 35.0% in the fourth quarter. abrdn plc now owns 281,416 shares of the company’s stock valued at $26,611,000 after buying an additional 73,022 shares during the period. Crown Oak Advisors LLC acquired a new position in Church & Dwight in the fourth quarter valued at approximately $10,142,000. Assenagon Asset Management S.A. lifted its stake in Church & Dwight by 290.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 56,221 shares of the company’s stock valued at $5,316,000 after buying an additional 41,804 shares during the period. Finally, Signaturefd LLC lifted its stake in Church & Dwight by 4.5% in the fourth quarter. Signaturefd LLC now owns 6,916 shares of the company’s stock valued at $654,000 after buying an additional 300 shares during the period. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Price Performance

Shares of CHD opened at $107.25 on Friday. The stock has a market capitalization of $26.16 billion, a P/E ratio of 35.28, a P/E/G ratio of 3.55 and a beta of 0.53. Church & Dwight has a twelve month low of $82.25 and a twelve month high of $108.10. The company has a 50 day moving average of $102.74 and a 200-day moving average of $96.97. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, hitting the consensus estimate of $0.65. The company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the business earned $0.62 EPS. As a group, equities research analysts forecast that Church & Dwight will post 3.44 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date was Wednesday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s payout ratio is currently 37.17%.

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.