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

Church & Dwight Co., Inc. (NYSE:CHD) has been assigned a consensus recommendation of “Hold” from the sixteen research firms that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $104.07.

A number of analysts have commented on the stock. Truist Financial boosted their price target on shares of Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Barclays boosted their price target on shares of Church & Dwight from $80.00 to $83.00 and gave the company an “underweight” rating in a research note on Friday, April 12th. JPMorgan Chase & Co. boosted their price target on shares of Church & Dwight from $87.00 to $95.00 and gave the company an “underweight” rating in a research note on Thursday, January 18th. Oppenheimer boosted their price target on shares of Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, April 23rd. Finally, The Goldman Sachs Group assumed coverage on shares of Church & Dwight in a research note on Friday, March 1st. They set a “buy” rating and a $110.00 price target for the company.

Insider Buying and Selling

In related news, EVP Rene Hemsey sold 9,280 shares of the business’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the transaction, the executive vice president now directly owns 6,373 shares of the company’s stock, valued at approximately $638,702.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Matthew Farrell sold 275,000 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $103.83, for a total value of $28,553,250.00. Following the transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Rene Hemsey sold 9,280 shares of the business’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the sale, the executive vice president now owns 6,373 shares in the company, valued at $638,702.06. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 373,052 shares of company stock valued at $38,603,796. 1.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Church & Dwight

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CHD. Game Plan Financial Advisors LLC bought a new stake in Church & Dwight in the 1st quarter valued at about $26,000. Chilton Capital Management LLC raised its stake in Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares during the period. Roble Belko & Company Inc bought a new stake in Church & Dwight in the 1st quarter valued at about $31,000. Creekmur Asset Management LLC bought a new stake in Church & Dwight in the 4th quarter valued at about $32,000. Finally, Annapolis Financial Services LLC raised its stake in Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after acquiring an additional 334 shares during the period. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Stock Performance

NYSE:CHD opened at $107.91 on Friday. The company has a fifty day moving average of $103.29 and a 200-day moving average of $97.53. The firm has a market capitalization of $26.32 billion, a P/E ratio of 35.50, a P/E/G ratio of 3.55 and a beta of 0.53. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. Church & Dwight has a twelve month low of $82.25 and a twelve month high of $108.10.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, meeting the consensus estimate of $0.65. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. Church & Dwight’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.62 EPS. As a group, sell-side analysts anticipate that Church & Dwight will post 3.44 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were issued a $0.2838 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend was Wednesday, February 14th. Church & Dwight’s payout ratio is 37.17%.

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.