Church & Dwight Co., Inc. (NYSE:CHD) Receives Consensus Rating of “Hold” from Brokerages

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have been assigned an average rating of “Hold” from the sixteen research firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $111.56.

Several research analysts have recently weighed in on CHD shares. Truist Financial upped their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. decreased their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a report on Friday, February 21st. Barclays increased their target price on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Royal Bank of Canada reissued a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Finally, Stifel Nicolaus increased their target price on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research note on Monday, February 3rd.

Insider Buying and Selling at Church & Dwight

In other news, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the sale, the executive vice president now directly owns 6,437 shares in the company, valued at approximately $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares of the company’s stock, valued at approximately $1,217,442.06. This represents a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 65,570 shares of company stock worth $7,538,449 over the last three months. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Church & Dwight

A number of institutional investors have recently modified their holdings of the company. California State Teachers Retirement System boosted its holdings in shares of Church & Dwight by 3.1% during the fourth quarter. California State Teachers Retirement System now owns 408,294 shares of the company’s stock worth $42,752,000 after purchasing an additional 12,239 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Church & Dwight by 89.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 53,164 shares of the company’s stock worth $5,567,000 after buying an additional 25,080 shares during the period. Siemens Fonds Invest GmbH lifted its holdings in Church & Dwight by 3.9% in the fourth quarter. Siemens Fonds Invest GmbH now owns 9,242 shares of the company’s stock worth $967,000 after buying an additional 347 shares during the period. Cim LLC lifted its holdings in Church & Dwight by 0.8% in the fourth quarter. Cim LLC now owns 34,209 shares of the company’s stock worth $3,582,000 after buying an additional 286 shares during the period. Finally, Menard Financial Group LLC purchased a new stake in Church & Dwight in the fourth quarter worth about $99,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Trading Down 1.0 %

Shares of CHD stock opened at $107.04 on Monday. The company’s fifty day simple moving average is $107.42 and its two-hundred day simple moving average is $105.88. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight has a 1 year low of $96.35 and a 1 year high of $116.46. The stock has a market capitalization of $26.33 billion, a price-to-earnings ratio of 45.16, a PEG ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last released its quarterly 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 net margin of 9.58% and a return on equity of 20.03%. During the same period in the previous year, the company earned $0.65 EPS. As a group, analysts anticipate that Church & Dwight will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.10%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. Church & Dwight’s dividend payout ratio is presently 49.79%.

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.