Brokerages Set Church & Dwight Co., Inc. (NYSE:CHD) PT at $108.05

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have been assigned a consensus recommendation of “Hold” from the nineteen analysts that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $108.53.

Several analysts recently commented on the stock. Barclays cut their target price on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a research note on Tuesday, November 5th. Evercore ISI decreased their target price on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a report on Monday, August 5th. Wells Fargo & Company boosted their target price on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Stifel Nicolaus decreased their price target on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research report on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th.

Insider Activity at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total value of $31,152,000.00. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at $11,704,740.96. The trade was a 72.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Bradley C. Irwin sold 13,200 shares of the firm’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $107.44, for a total transaction of $1,418,208.00. Following the transaction, the director now owns 37,169 shares in the company, valued at $3,993,437.36. This represents a 26.21 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 490,613 shares of company stock valued at $50,858,457. Insiders own 2.00% of the company’s stock.

Institutional Trading of Church & Dwight

A number of institutional investors and hedge funds have recently made changes to their positions in CHD. Empowered Funds LLC boosted its holdings in shares of Church & Dwight by 2.8% during the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock worth $382,000 after buying an additional 99 shares during the period. Texas Yale Capital Corp. lifted its position in Church & Dwight by 1.0% during the 1st quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock worth $1,106,000 after acquiring an additional 100 shares during the last quarter. Garner Asset Management Corp boosted its holdings in Church & Dwight by 5.1% during the first quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock valued at $215,000 after acquiring an additional 100 shares during the period. Oppenheimer & Co. Inc. grew 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 purchasing an additional 104 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its stake in shares of Church & Dwight by 3.3% in the third quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company’s stock worth $353,000 after purchasing an additional 107 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Stock Performance

Shares of NYSE CHD opened at $107.87 on Tuesday. Church & Dwight has a 1 year low of $90.26 and a 1 year high of $110.31. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The stock has a fifty day moving average price of $103.36 and a two-hundred day moving average price of $104.02. The firm has a market cap of $26.43 billion, a P/E ratio of 48.10, a PEG ratio of 3.95 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter last year, the business posted $0.74 earnings per share. The company’s quarterly revenue was up 3.8% on a year-over-year basis. Research analysts forecast that Church & Dwight will post 3.45 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

About Church & Dwight

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.