Church & Dwight (NYSE:CHD) Price Target Lowered to $100.00 at Wells Fargo & Company

Church & Dwight (NYSE:CHD) had its price target reduced by Wells Fargo & Company from $108.00 to $100.00 in a research note released on Thursday,Benzinga reports. They currently have an overweight rating on the stock.

Several other equities research analysts have also commented on the company. Barclays cut their price objective on Church & Dwight from $84.00 to $83.00 and set an “underweight” rating for the company in a research note on Monday, August 4th. Redburn Partners set a $83.00 price objective on Church & Dwight in a report on Monday, July 14th. Redburn Atlantic lowered shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a report on Monday, July 14th. Evercore ISI decreased their price target on shares of Church & Dwight from $102.00 to $101.00 and set an “in-line” rating on the stock in a research note on Monday, August 4th. Finally, Rothschild & Co Redburn cut shares of Church & Dwight from a “neutral” rating to a “sell” rating and set a $83.00 price objective for the company. in a research note on Monday, July 14th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $103.44.

Church & Dwight Stock Performance

CHD opened at $85.90 on Thursday. The firm has a 50 day moving average of $93.20 and a two-hundred day moving average of $97.73. The firm has a market capitalization of $20.93 billion, a PE ratio of 40.52, a P/E/G ratio of 3.59 and a beta of 0.44. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. Church & Dwight has a 12-month low of $85.61 and a 12-month high of $116.46.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, August 1st. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.09. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The company’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 EPS. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. On average, analysts anticipate that Church & Dwight will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were given a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, August 15th. Church & Dwight’s dividend payout ratio is presently 55.66%.

Insider Buying and Selling at Church & Dwight

In related news, EVP Lee B. Mcchesney bought 5,409 shares of the firm’s stock in a transaction on Friday, August 8th. The shares were bought at an average price of $91.38 per share, with a total value of $494,274.42. Following the completion of the transaction, the executive vice president directly owned 5,409 shares of the company’s stock, valued at $494,274.42. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Richard A. Dierker acquired 5,470 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was bought at an average price of $91.57 per share, for a total transaction of $500,887.90. Following the completion of the acquisition, the chief executive officer owned 27,212 shares in the company, valued at approximately $2,491,802.84. The trade was a 25.16% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 12,879 shares of company stock worth $1,177,702 over the last quarter. 2.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CHD. Norges Bank purchased a new position in shares of Church & Dwight during the second quarter worth $303,907,000. Nuveen LLC acquired a new position in Church & Dwight during the 1st quarter worth about $106,736,000. Thrivent Financial for Lutherans boosted its holdings in Church & Dwight by 3,269.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 896,306 shares of the company’s stock valued at $86,134,000 after acquiring an additional 869,705 shares during the period. GAMMA Investing LLC grew its position in Church & Dwight by 12,489.8% in the 1st quarter. GAMMA Investing LLC now owns 861,895 shares of the company’s stock valued at $94,886,000 after acquiring an additional 855,049 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Church & Dwight by 2.4% during the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company’s stock worth $3,461,410,000 after purchasing an additional 750,575 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.