Brokerages Set Church & Dwight Co., Inc. (NYSE:CHD) Price Target at $111.53

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have received a consensus recommendation of “Hold” from the seventeen analysts that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $111.47.

Several brokerages recently commented on CHD. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. Stifel Nicolaus lifted their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd. TD Cowen upped their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Barclays lifted their price target on Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 4th. Finally, Truist Financial increased their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 3rd.

Church & Dwight Price Performance

NYSE CHD opened at $107.52 on Thursday. The firm’s fifty day simple moving average is $105.39 and its two-hundred day simple moving average is $104.78. The firm has a market capitalization of $26.45 billion, a P/E ratio of 45.37, a P/E/G ratio of 3.32 and a beta of 0.59. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. Church & Dwight has a 12-month low of $96.35 and a 12-month high of $113.50.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter in the prior year, the business posted $0.65 EPS. Analysts forecast that Church & Dwight will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is currently 49.79%.

Insiders Place Their Bets

In other news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the transaction, the director now directly owns 32,500 shares of the company’s stock, valued at $3,448,575. This represents a 23.53 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Rick Spann sold 39,520 shares of Church & Dwight stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the completion of the sale, the executive vice president now directly owns 4,973 shares in the company, valued at $556,976. This represents a 88.82 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 49,522 shares of company stock worth $5,487,555. Company insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Church & Dwight

Institutional investors have recently bought and sold shares of the company. Lake Street Advisors Group LLC raised its holdings in shares of Church & Dwight by 3.7% during the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock valued at $282,000 after acquiring an additional 97 shares during the last quarter. Empowered Funds LLC raised its stake in Church & Dwight by 2.8% in the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock valued at $382,000 after purchasing an additional 99 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in Church & Dwight by 0.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock valued at $2,199,000 after purchasing an additional 103 shares in the last quarter. Whittier Trust Co. grew its holdings in shares of Church & Dwight by 3.2% during the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock worth $345,000 after buying an additional 103 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its position in shares of Church & Dwight by 0.3% in the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock valued at $3,358,000 after buying an additional 104 shares during the last quarter. 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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.