Church & Dwight (NYSE:CHD) PT Raised to $83.00 at Barclays

Church & Dwight (NYSE:CHD) had its target price boosted by Barclays from $80.00 to $83.00 in a research note published on Friday morning, Benzinga reports. They currently have an underweight rating on the stock.

Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada lifted their price objective on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a sector perform rating in a research report on Monday, February 5th. UBS Group boosted their price target on shares of Church & Dwight from $99.00 to $105.00 and gave the company a neutral rating in a report on Monday, February 5th. Bank of America upgraded shares of Church & Dwight from an underperform rating to a neutral rating and boosted their price target for the company from $85.00 to $100.00 in a report on Friday, December 15th. TheStreet upgraded shares of Church & Dwight from a c+ rating to a b rating in a report on Friday, February 2nd. Finally, Truist Financial boosted their price target on shares of Church & Dwight from $105.00 to $110.00 and gave the company a buy rating in a report on Wednesday, February 7th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of Hold and a consensus price target of $103.27.

Church & Dwight Trading Up 0.5 %

NYSE CHD opened at $101.63 on Friday. Church & Dwight has a twelve month low of $82.25 and a twelve month high of $105.67. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08. The stock has a market cap of $24.79 billion, a price-to-earnings ratio of 33.43, a PEG ratio of 3.48 and a beta of 0.53. The firm’s 50 day moving average price is $101.72 and its two-hundred day moving average price is $96.23.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, hitting the consensus estimate of $0.65. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the previous year, the company posted $0.62 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. Equities analysts anticipate that Church & Dwight will post 3.44 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a dividend of $0.2838 per share. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.12%. Church & Dwight’s payout ratio is currently 37.17%.

Insiders Place Their Bets

In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $105.00, for a total transaction of $472,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the business’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the completion of the transaction, the executive vice president now owns 6,373 shares of the company’s stock, valued at approximately $638,702.06. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael Read sold 4,500 shares of the business’s 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 disclosure for this sale can be found here. Insiders sold a total of 373,052 shares of company stock valued at $38,603,796 in the last quarter. Insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Sovereign Financial Group Inc. raised its position in shares of Church & Dwight by 0.7% during the first quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock valued at $1,819,000 after buying an additional 120 shares during the last quarter. Brookstone Capital Management raised its position in shares of Church & Dwight by 3.1% during the first quarter. Brookstone Capital Management now owns 18,629 shares of the company’s stock valued at $1,943,000 after buying an additional 557 shares during the last quarter. Financial Enhancement Group LLC raised its position in shares of Church & Dwight by 1.5% during the first quarter. Financial Enhancement Group LLC now owns 62,652 shares of the company’s stock valued at $6,333,000 after buying an additional 914 shares during the last quarter. Kingswood Wealth Advisors LLC raised its position in shares of Church & Dwight by 2.4% during the first quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock valued at $516,000 after buying an additional 117 shares during the last quarter. Finally, Sound Income Strategies LLC raised its position in shares of Church & Dwight by 6,069.2% during the first quarter. Sound Income Strategies LLC now owns 802 shares of the company’s stock valued at $84,000 after buying an additional 789 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

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.