Church & Dwight (NYSE:CHD) Given New $114.00 Price Target at HSBC

Church & Dwight (NYSE:CHD) had its target price increased by HSBC from $110.00 to $114.00 in a research note issued to investors on Friday morning, Benzinga reports. They currently have a hold rating on the stock.

Several other analysts have also recently commented on CHD. The Goldman Sachs Group began coverage on Church & Dwight in a report on Friday, March 1st. They issued a buy rating and a $110.00 target price on the stock. Barclays upped their target price on Church & Dwight from $80.00 to $83.00 and gave the company an underweight rating in a report on Friday, April 12th. Truist Financial upped their target price on Church & Dwight from $110.00 to $115.00 and gave the company a buy rating in a report on Friday. TheStreet upgraded Church & Dwight from a c+ rating to a b rating in a report on Friday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Church & Dwight from $109.00 to $112.00 and gave the stock a buy rating in a report on Monday, April 22nd. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of Hold and an average price target of $105.63.

Church & Dwight Stock Performance

Church & Dwight stock opened at $106.11 on Friday. The business has a 50 day moving average of $103.68 and a 200-day moving average of $97.88. Church & Dwight has a 1 year low of $82.25 and a 1 year high of $108.68. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.64. The company has a market capitalization of $25.88 billion, a P/E ratio of 33.69, a P/E/G ratio of 3.55 and a beta of 0.51.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.10. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the prior year, the firm posted $0.85 earnings per share. The firm’s revenue was up 5.1% compared to the same quarter last year. On average, equities research analysts predict that Church & Dwight will post 3.46 earnings per share for the current year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date is Tuesday, May 14th. Church & Dwight’s payout ratio is 35.87%.

Insider Transactions at Church & Dwight

In other news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $98.29, for a total transaction of $761,944.08. Following the transaction, the director now directly owns 25,692 shares of the company’s stock, valued at $2,525,266.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Matthew Farrell sold 275,000 shares of the stock in a transaction on Monday, March 11th. The stock was sold at an average price of $103.83, for a total value of $28,553,250.00. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Penry W. Price sold 7,752 shares of the stock in a transaction 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 completion of the sale, the director now directly owns 25,692 shares of the company’s stock, valued at $2,525,266.68. The disclosure for this sale can be found here. Insiders have sold 373,052 shares of company stock valued at $38,603,796 over the last ninety days. 2.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Church & Dwight

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Howland Capital Management LLC raised its position in Church & Dwight by 10.4% in the 1st quarter. Howland Capital Management LLC now owns 4,591 shares of the company’s stock valued at $479,000 after buying an additional 433 shares during the last quarter. Team Hewins LLC purchased a new stake in shares of Church & Dwight during the 1st quarter valued at $235,000. GSA Capital Partners LLP purchased a new stake in shares of Church & Dwight during the 1st quarter valued at $549,000. BI Asset Management Fondsmaeglerselskab A S increased its position in shares of Church & Dwight by 2.8% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 10,342 shares of the company’s stock valued at $1,079,000 after purchasing an additional 286 shares during the last quarter. Finally, Central Pacific Bank Trust Division purchased a new stake in shares of Church & Dwight during the 1st quarter valued at $385,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

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.