Church & Dwight (NYSE:CHD) Given New $110.00 Price Target at Evercore ISI

Church & Dwight (NYSE:CHD) had its target price increased by Evercore ISI from $107.00 to $110.00 in a report published on Friday, Benzinga reports. Evercore ISI currently has an in-line rating on the stock.

CHD has been the topic of a number of other research reports. Truist Financial increased their price objective on Church & Dwight from $110.00 to $115.00 and gave the stock a buy rating in a report on Friday. The Goldman Sachs Group assumed coverage on Church & Dwight in a research report on Friday, March 1st. They issued a buy rating and a $110.00 price target on the stock. UBS Group boosted their price objective on Church & Dwight from $99.00 to $105.00 and gave the stock a neutral rating in a research report on Monday, February 5th. Bank of America raised their target price on Church & Dwight from $100.00 to $104.00 and gave the company a neutral rating in a report on Monday, April 15th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Church & Dwight from $109.00 to $112.00 and gave the company a buy rating in a research report on Monday, April 22nd. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus target price of $105.63.

Church & Dwight Trading Up 0.2 %

Shares of CHD traded up $0.23 during midday trading on Friday, hitting $106.11. The stock had a trading volume of 1,283,889 shares, compared to its average volume of 1,247,251. The business has a 50-day simple moving average of $103.57 and a two-hundred day simple moving average of $97.65. The firm has a market cap of $25.88 billion, a P/E ratio of 33.68, a price-to-earnings-growth ratio of 3.54 and a beta of 0.51. The company has a current ratio of 1.33, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54. Church & Dwight has a fifty-two week low of $82.25 and a fifty-two week high of $108.68.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.10. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company’s revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the business posted $0.85 EPS. As a group, equities analysts forecast that Church & Dwight will post 3.44 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a dividend of $0.2838 per share. The ex-dividend date is Tuesday, May 14th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew Farrell sold 275,000 shares of the company’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the completion of the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 373,052 shares of company stock valued at $38,603,796. 2.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Church & Dwight

Several institutional investors and hedge funds have recently modified their holdings of CHD. Vanguard Group Inc. lifted its position in Church & Dwight by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock valued at $2,861,865,000 after acquiring an additional 354,946 shares in the last quarter. Capital International Investors lifted its holdings in shares of Church & Dwight by 39.2% in the fourth quarter. Capital International Investors now owns 9,004,713 shares of the company’s stock valued at $851,414,000 after purchasing an additional 2,533,877 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Church & Dwight by 2.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,200,426 shares of the company’s stock worth $751,405,000 after buying an additional 217,047 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Church & Dwight by 89.1% during the third quarter. JPMorgan Chase & Co. now owns 6,027,312 shares of the company’s stock worth $552,283,000 after buying an additional 2,839,783 shares in the last quarter. Finally, Stifel Financial Corp raised its position in Church & Dwight by 0.7% in the 3rd quarter. Stifel Financial Corp now owns 4,310,580 shares of the company’s stock valued at $394,982,000 after buying an additional 29,943 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

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.