Church & Dwight (NYSE:CHD) PT Raised to $115.00

Church & Dwight (NYSE:CHD) had its target price increased by equities research analysts at Truist Financial from $110.00 to $115.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s target price would suggest a potential upside of 8.38% from the stock’s current price.

A number of other research analysts have also recently commented on the stock. JPMorgan Chase & Co. upped their target price on shares of Church & Dwight from $87.00 to $95.00 and gave the company an “underweight” rating in a research report on Thursday, January 18th. Royal Bank of Canada boosted their price target on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research note on Monday, February 5th. Bank of America boosted their price target on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, April 15th. Oppenheimer boosted their price target on shares of Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 23rd. Finally, TheStreet upgraded shares of Church & Dwight from a “c+” rating to a “b” rating in a research note on Friday, February 2nd. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $105.63.

Church & Dwight Trading Up 0.2 %

NYSE CHD opened at $106.11 on Friday. The firm’s 50-day moving average is $103.68 and its two-hundred day moving average is $97.76. Church & Dwight has a 12 month low of $82.25 and a 12 month high of $108.68. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.64. The stock has a market capitalization of $25.88 billion, a P/E ratio of 33.69, a PEG ratio of 3.55 and a beta of 0.51.

Church & Dwight (NYSE:CHD) last posted its earnings results on Thursday, May 2nd. The company reported $0.96 EPS 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 company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the prior year, the company posted $0.85 earnings per share. Church & Dwight’s revenue for the quarter was up 5.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Church & Dwight will post 3.46 earnings per share for the current year.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at $451,551.45. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, EVP Michael Read sold 4,500 shares of Church & Dwight stock in a transaction on Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total value of $1,037,763.30. Following the transaction, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at approximately $451,551.45. The disclosure for this sale can be found here. Over the last quarter, insiders sold 373,052 shares of company stock valued at $38,603,796. 2.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Simplicity Solutions LLC raised its stake in shares of Church & Dwight by 69.5% during the 4th quarter. Simplicity Solutions LLC now owns 26,257 shares of the company’s stock worth $2,483,000 after buying an additional 10,762 shares during the last quarter. abrdn plc raised its stake in shares of Church & Dwight by 35.0% during the 4th quarter. abrdn plc now owns 281,416 shares of the company’s stock worth $26,611,000 after buying an additional 73,022 shares during the last quarter. Crown Oak Advisors LLC acquired a new position in Church & Dwight in the 4th quarter valued at about $10,142,000. Assenagon Asset Management S.A. raised its stake in Church & Dwight by 290.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 56,221 shares of the company’s stock valued at $5,316,000 after purchasing an additional 41,804 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in Church & Dwight by 6.2% in the 4th quarter. Russell Investments Group Ltd. now owns 185,243 shares of the company’s stock valued at $17,508,000 after purchasing an additional 10,775 shares during the last quarter. Institutional investors and hedge funds 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.