Shares of Church & Dwight Co., Inc. (NYSE:CHD – Get Free Report) have been given a consensus recommendation of “Hold” by the fifteen analysts that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $108.29.
CHD has been the subject of several recent analyst reports. Cowen lowered Church & Dwight from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. Royal Bank Of Canada upgraded Church & Dwight from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from $100.00 to $114.00 in a research note on Monday, June 2nd. TD Cowen lowered Church & Dwight from a “buy” rating to a “hold” rating and set a $100.00 price target for the company. in a research note on Tuesday, May 6th. Morgan Stanley lowered their price objective on Church & Dwight from $110.00 to $100.00 and set an “equal weight” rating on the stock in a report on Monday, May 5th. Finally, Wall Street Zen upgraded Church & Dwight from a “sell” rating to a “hold” rating in a report on Saturday, June 21st.
Insider Transactions at Church & Dwight
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC lifted its holdings in Church & Dwight by 89.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 53,164 shares of the company’s stock valued at $5,567,000 after acquiring an additional 25,080 shares during the last quarter. American Century Companies Inc. lifted its holdings in Church & Dwight by 0.5% in the fourth quarter. American Century Companies Inc. now owns 1,426,177 shares of the company’s stock valued at $149,335,000 after acquiring an additional 6,425 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Church & Dwight by 19.4% in the fourth quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company’s stock valued at $768,157,000 after acquiring an additional 1,190,154 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Church & Dwight in the fourth quarter valued at approximately $76,565,000. Finally, LPL Financial LLC lifted its holdings in Church & Dwight by 13.4% in the fourth quarter. LPL Financial LLC now owns 184,133 shares of the company’s stock valued at $19,281,000 after acquiring an additional 21,742 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.
Church & Dwight Price Performance
Shares of Church & Dwight stock opened at $94.84 on Wednesday. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.48. Church & Dwight has a twelve month low of $90.99 and a twelve month high of $116.46. The business has a 50-day moving average price of $96.85 and a 200 day moving average price of $103.08. The firm has a market cap of $23.36 billion, a PE ratio of 40.71, a P/E/G ratio of 3.81 and a beta of 0.52.
Church & Dwight (NYSE:CHD – Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.02. Church & Dwight had a return on equity of 19.28% and a net margin of 9.52%. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the business earned $0.96 EPS. Church & Dwight’s revenue for the quarter was down 2.4% compared to the same quarter last year. Sell-side analysts predict that Church & Dwight will post 3.7 earnings per share for the current fiscal year.
Church & Dwight Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were issued a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 1.24%. The ex-dividend date was Thursday, May 15th. Church & Dwight’s dividend payout ratio is currently 50.64%.
About Church & Dwight
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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.
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