Church & Dwight (NYSE:CHD) Price Target Increased to $115.00 by Analysts at Truist Financial

Church & Dwight (NYSE:CHD) had its price objective boosted by Truist Financial from $110.00 to $115.00 in a research note published on Friday morning, Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also recently weighed in on the stock. Royal Bank of Canada boosted their price target on shares of Church & Dwight from $94.00 to $103.00 and gave the company a sector perform rating in a research report on Monday, February 5th. Stifel Nicolaus lifted their price objective on shares of Church & Dwight from $91.00 to $99.00 and gave the company a hold rating in a research note on Monday, February 5th. The Goldman Sachs Group initiated coverage on shares of Church & Dwight in a research note on Friday, March 1st. They issued a buy rating and a $110.00 price objective on the stock. TheStreet upgraded shares of Church & Dwight from a c+ rating to a b rating in a research note on Friday, February 2nd. Finally, Bank of America lifted their price objective on shares of Church & Dwight from $100.00 to $104.00 and gave the company a neutral rating in a research note on Monday, April 15th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of Hold and a consensus target price of $105.56.

Church & Dwight Price Performance

Church & Dwight stock opened at $105.41 on Friday. The stock has a market cap of $25.77 billion, a P/E ratio of 33.46, a price-to-earnings-growth ratio of 3.53 and a beta of 0.51. The company has a fifty day simple moving average of $103.78 and a 200-day simple moving average of $97.99. Church & Dwight has a 12-month low of $82.25 and a 12-month high of $108.68. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the previous year, the company earned $0.85 earnings per share. Church & Dwight’s quarterly revenue was up 5.1% compared to the same quarter last year. Equities analysts expect that Church & Dwight will post 3.46 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.2838 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.14 annualized dividend and a yield of 1.08%. Church & Dwight’s payout ratio is currently 35.87%.

Insiders Place Their Bets

In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $98.29, for a total transaction of $761,944.08. Following the transaction, the director now directly owns 25,692 shares in the company, valued at $2,525,266.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Church & Dwight news, CEO Matthew Farrell sold 275,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 112,719 shares in the company, valued at $11,703,613.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $98.29, for a total transaction of $761,944.08. Following the completion of the sale, the director now directly owns 25,692 shares in the company, valued at approximately $2,525,266.68. The disclosure for this sale can be found here. Over the last three months, insiders have sold 373,052 shares of company stock worth $38,603,796. 1.40% of the stock is owned by company insiders.

Institutional Trading of Church & Dwight

Institutional investors and hedge funds have recently modified their holdings of the business. Game Plan Financial Advisors LLC purchased a new stake in shares of Church & Dwight in the first quarter valued at about $26,000. Roble Belko & Company Inc purchased a new position in shares of Church & Dwight during the first quarter valued at approximately $31,000. Chilton Capital Management LLC lifted its stake in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after buying an additional 110 shares during the period. Creekmur Asset Management LLC purchased a new position in shares of Church & Dwight during the fourth quarter valued at approximately $32,000. Finally, Annapolis Financial Services LLC lifted its stake in shares of Church & Dwight by 2,087.5% during the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after buying an additional 334 shares during the period. Hedge funds and other institutional investors own 86.60% of the company’s stock.

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.