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

Church & Dwight Co., Inc. (NYSE:CHD) has been given an average recommendation of “Hold” by the seventeen brokerages that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $111.47.

A number of brokerages have recently weighed in on CHD. Truist Financial raised their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. TD Cowen raised their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, Piper Sandler decreased their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Michael Read bought 1,100 shares of Church & Dwight stock in a transaction that occurred on Monday, December 16th. The shares were acquired at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the acquisition, the executive vice president now owns 2,505 shares of the company’s stock, valued at $267,584.10. The trade was a 78.29 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed 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 transaction, the executive vice president now owns 4,973 shares in the company, valued at $556,976. The trade was a 88.82 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 49,522 shares of company stock worth $5,487,555. 2.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Church & Dwight

Hedge funds and other institutional investors have recently made changes to their positions in the business. YANKCOM Partnership acquired a new position in shares of Church & Dwight during the 4th quarter valued at $25,000. Capital Performance Advisors LLP purchased a new stake in Church & Dwight during the 3rd quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in Church & Dwight during the 3rd quarter worth $28,000. Versant Capital Management Inc increased its stake in Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after buying an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new stake in Church & Dwight during the 4th quarter worth $39,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Trading Down 1.8 %

Shares of CHD opened at $108.63 on Thursday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The firm has a 50 day simple moving average of $105.54 and a 200-day simple moving average of $104.86. Church & Dwight has a 1-year low of $96.35 and a 1-year high of $113.50. The stock has a market cap of $26.72 billion, a price-to-earnings ratio of 45.84, a price-to-earnings-growth ratio of 3.32 and a beta of 0.59.

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

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date 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 49.79%.

Church & Dwight Company Profile

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.