Church & Dwight (NYSE:CHD) Price Target Raised to $109.00

Church & Dwight (NYSE:CHD) had its price objective lifted by JPMorgan Chase & Co. from $105.00 to $109.00 in a research report sent to investors on Monday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Other equities research analysts have also recently issued reports about the company. Barclays reiterated an “underweight” rating and issued a $83.00 target price (down from $86.00) on shares of Church & Dwight in a report on Friday, October 16th. Citigroup reissued a “neutral” rating and set a $105.00 price target (up from $100.00) on shares of Church & Dwight in a research report on Monday, August 3rd. TD Cowen set a $97.00 price target on Church & Dwight and gave the company a “hold” rating in a research note on Monday, August 3rd. UBS Group restated a “neutral” rating and issued a $106.00 price objective on shares of Church & Dwight in a report on Thursday, October 15th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $115.00 target price on shares of Church & Dwight in a report on Monday, August 3rd. Eight analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $108.44.

Church & Dwight Stock Performance

Church & Dwight stock opened at $112.08 on Monday. The company has a 50 day moving average price of $99.83 and a 200-day moving average price of $97.98. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.62 and a current ratio of 0.96. Church & Dwight has a fifty-two week low of $81.49 and a fifty-two week high of $113.25. The company has a market capitalization of $26.45 billion, a PE ratio of 30.16, a P/E/G ratio of 3.86 and a beta of 0.45.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, October 30th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.02. Church & Dwight had a return on equity of 20.28% and a net margin of 12.41%. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the business earned $0.81 earnings per share. Church & Dwight’s quarterly revenue was up 1.0% on a year-over-year basis. As a group, equities analysts forecast that Church & Dwight will post 3.77 earnings per share for the current year.

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be paid a $0.3075 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.23 dividend on an annualized basis and a yield of 1.1%. Church & Dwight’s payout ratio is 37.85%.

Insider Buying and Selling

In other Church & Dwight news, EVP Carlos Linares sold 15,375 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $103.00, for a total transaction of $1,583,625.00. Following the completion of the sale, the executive vice president owned 4,668 shares in the company, valued at $480,804. This represents a 76.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Rene Hemsey sold 5,000 shares of the stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $102.25, for a total value of $511,250.00. Following the sale, the executive vice president directly owned 8,086 shares in the company, valued at $826,793.50. This trade represents a 38.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 127,690 shares of company stock worth $13,712,471 in the last three months. Corporate insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in Church & Dwight in the second quarter valued at about $2,174,535,000. Bank of America Corp DE bought a new position in Church & Dwight in the second quarter worth about $223,875,000. Allspring Global Investments Holdings LLC raised its holdings in Church & Dwight by 51.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company’s stock worth $468,902,000 after purchasing an additional 1,709,090 shares in the last quarter. Legal & General Group Plc bought a new position in Church & Dwight in the second quarter worth about $153,639,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Church & Dwight during the second quarter valued at about $125,483,000. 86.60% of the stock is owned by institutional investors.

Key Headlines Impacting Church & Dwight

Here are the key news stories impacting Church & Dwight this week:

• Positive Sentiment: Several analysts raised price targets or expressed optimism: Wells Fargo reiterated an “overweight” rating and raised its target to $115, while Morgan Stanley lifted its target to $117. JPMorgan said the stock could rise, and Citigroup also boosted its target. These revisions add support after the company’s recent quarterly earnings beat and stronger sales outlook. Wells Fargo rating
• Neutral Sentiment: Analyst views remain mixed: Morgan Stanley’s higher target came with an “equal weight” rating, while the broader consensus was reported as “Hold.” This suggests target increases do not necessarily signal strong conviction that shares will keep advancing. Morgan Stanley outlook
• Negative Sentiment: Barclays maintained a “sell”/underweight stance despite raising its price target to $89, a cautious call that points to potential downside from recent levels. Barclays rating
• Negative Sentiment: CEO Richard Dierker sold 83,340 shares for about $9.1 million, reducing his reported ownership by 68.31%. Director Bradley Irwin also sold 4,300 shares, worth about $475,000. Insider sales can weigh on sentiment, though the filings do not give reasons for the transactions. CEO transaction filing Director transaction filing

Church & Dwight Company Profile

Church & Dwight Co, Inc is a consumer packaged goods company that develops, manufactures and markets household, personal care and specialty products. Its portfolio is anchored by the ARM & HAMMER brand, which is used across products such as baking soda, laundry detergent, cat litter, household cleaners, oral care products and personal care items.

The company also markets a broad range of branded products, including OxiClean laundry and cleaning products, Trojan sexual wellness products, Waterpik oral health devices, First Response pregnancy and fertility tests, Nair hair-removal products, Orajel oral pain relief, TheraBreath oral care products, and vitamins and supplements sold under the Vitafusion and L’il Critters brands.