Church & Dwight Co., Inc. (NYSE:CHD) Given Average Recommendation of “Hold” by Brokerages

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have received a consensus recommendation of “Hold” from the eighteen analysts that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $106.65.

CHD has been the subject of several recent research reports. Barclays decreased their price objective on Church & Dwight from $83.00 to $82.00 and set an “underweight” rating for the company in a report on Monday, May 6th. JPMorgan Chase & Co. cut their target price on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating on the stock in a research report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft lifted their target price on Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. Argus lifted their target price on Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th. Finally, Truist Financial lifted their target price on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, May 3rd.

Church & Dwight Trading Up 1.1 %

NYSE CHD opened at $102.32 on Wednesday. The company has a market cap of $25.02 billion, a price-to-earnings ratio of 32.48, a P/E/G ratio of 3.30 and a beta of 0.52. Church & Dwight has a 52 week low of $82.25 and a 52 week high of $110.31. The business has a 50 day moving average price of $106.30 and a 200-day moving average price of $103.03. The company has a quick ratio of 0.82, a current ratio of 1.33 and a debt-to-equity ratio of 0.54.

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

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were given a $0.2838 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $1.14 annualized dividend and a yield of 1.11%. Church & Dwight’s dividend payout ratio is currently 35.87%.

Insider Activity

In other news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $105.47, for a total transaction of $817,603.44. Following the transaction, the director now owns 25,692 shares of the company’s stock, valued at approximately $2,709,735.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $105.47, for a total transaction of $817,603.44. Following the transaction, the director now owns 25,692 shares of the company’s stock, valued at approximately $2,709,735.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Richard A. Dierker sold 86,740 shares of the business’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $106.56, for a total value of $9,243,014.40. Following the sale, the chief financial officer now owns 7,634 shares in the company, valued at $813,479.04. The disclosure for this sale can be found here. Insiders have sold 182,346 shares of company stock valued at $19,465,948 in the last 90 days. Insiders own 2.00% of the company’s stock.

Institutional Trading of Church & Dwight

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Church & Dwight by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock worth $2,861,865,000 after acquiring an additional 354,946 shares during the last quarter. Capital International Investors increased its stake in Church & Dwight by 1.0% in the 1st quarter. Capital International Investors now owns 9,097,575 shares of the company’s stock worth $948,968,000 after acquiring an additional 92,862 shares during the last quarter. Morgan Stanley increased its stake in Church & Dwight by 1.9% in the 3rd quarter. Morgan Stanley now owns 3,291,982 shares of the company’s stock worth $301,645,000 after acquiring an additional 61,090 shares during the last quarter. Norges Bank bought a new position in Church & Dwight in the 4th quarter worth about $259,967,000. Finally, ProShare Advisors LLC increased its stake in Church & Dwight by 1.8% in the 1st quarter. ProShare Advisors LLC now owns 1,783,412 shares of the company’s stock worth $186,028,000 after acquiring an additional 31,145 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

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.