Wall Street Zen upgraded shares of Church & Dwight (NYSE:CHD – Free Report) from a sell rating to a hold rating in a research report report published on Saturday morning,Wall Street Zen reports.
Several other research analysts also recently weighed in on CHD. Morgan Stanley set a $112.00 price target on shares of Church & Dwight in a research report on Monday, August 3rd. Barclays raised their price objective on Church & Dwight from $79.00 to $86.00 and gave the company an “underweight” rating in a report on Tuesday, July 21st. TD Cowen set a $97.00 target price on shares of Church & Dwight and gave the stock a “hold” rating in a report on Monday, August 3rd. Wells Fargo & Company reduced their target price on shares of Church & Dwight from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Monday, October 5th. Finally, Citigroup reiterated a “neutral” rating and issued a $105.00 price objective (up from $100.00) on shares of Church & Dwight in a report on Monday, August 3rd. Eight analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $104.06.
Get Our Latest Analysis on Church & Dwight
Church & Dwight Stock Performance
Church & Dwight (NYSE:CHD – Get Free Report) last released its quarterly earnings data on Friday, July 31st. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.01). Church & Dwight had a net margin of 11.96% and a return on equity of 20.10%. The firm had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the previous year, the firm posted $0.94 EPS. The firm’s quarterly revenue was up 1.6% on a year-over-year basis. Church & Dwight has set its Q3 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 3.740-3.810 EPS. On average, equities analysts expect that Church & Dwight will post 3.78 EPS for the current year.
Church & Dwight Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th were issued a dividend of $0.3075 per share. The ex-dividend date was Friday, August 14th. This represents a $1.23 dividend on an annualized basis and a yield of 1.3%. Church & Dwight’s dividend payout ratio is 39.55%.
Insider Buying and Selling
In other news, Director Bradley Irwin sold 4,300 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $102.69, for a total transaction of $441,567.00. Following the completion of the transaction, the director directly owned 35,674 shares of the company’s stock, valued at approximately $3,663,363.06. The trade was a 10.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Rene Hemsey sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $102.25, for a total transaction of $511,250.00. Following the completion of the sale, the executive vice president directly owned 8,086 shares in the company, valued at approximately $826,793.50. This trade represents a 38.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 53,250 shares of company stock worth $5,462,048. 2.00% of the stock is owned by corporate 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. BlackRock Inc. purchased a new stake in Church & Dwight during the 2nd quarter valued at approximately $2,174,535,000. Bank of America Corp DE purchased a new stake in Church & Dwight during the second quarter worth about $223,875,000. Allspring Global Investments Holdings LLC grew its holdings in shares of Church & Dwight by 51.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company’s stock worth $468,902,000 after acquiring an additional 1,709,090 shares during the period. Legal & General Group Plc purchased a new position in Church & Dwight in the 2nd quarter valued at approximately $153,639,000. Finally, Bank of New York Mellon Corp acquired a new position in Church & Dwight during the second quarter worth $125,483,000. 86.60% of the stock is owned by hedge funds and other institutional investors.
Church & Dwight Company Profile
Church & Dwight Co, Inc is a consumer packaged goods company best known for its Arm & Hammer brand. Founded in 1846, the company began by marketing baking soda and has expanded into a broad portfolio of household, personal care and specialty products.
Its consumer products include laundry detergents and additives, cat litter, cleaning products, oral care items, personal care products, condoms and pregnancy tests, vitamins and supplements, hair-care products, depilatories and water flossers.
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