Deutsche Bank Aktiengesellschaft Raises Church & Dwight (NYSE:CHD) Price Target to $112.00

Church & Dwight (NYSE:CHD) had its price objective raised by Deutsche Bank Aktiengesellschaft from $109.00 to $112.00 in a research note published on Monday, Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also commented on the company. UBS Group raised their price target on Church & Dwight from $99.00 to $105.00 and gave the stock a neutral rating in a report on Monday, February 5th. The Goldman Sachs Group assumed coverage on Church & Dwight in a report on Friday, March 1st. They issued a buy rating and a $110.00 price target for the company. Barclays raised their price target on Church & Dwight from $80.00 to $83.00 and gave the stock an underweight rating in a report on Friday, April 12th. Argus raised Church & Dwight from a hold rating to a buy rating and set a $115.00 price objective for the company in a research note on Friday, February 23rd. Finally, Truist Financial lifted their price objective on Church & Dwight from $105.00 to $110.00 and gave the company a buy rating in a research note on Wednesday, February 7th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of Hold and an average target price of $104.07.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $107.36 on Monday. The stock has a fifty day simple moving average of $102.54 and a two-hundred day simple moving average of $96.90. Church & Dwight has a 1-year low of $82.25 and a 1-year high of $107.56. The firm has a market cap of $26.19 billion, a price-to-earnings ratio of 35.32, a price-to-earnings-growth ratio of 3.52 and a beta of 0.53. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, meeting the consensus estimate of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The business had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period in the prior year, the company earned $0.62 earnings per share. Church & Dwight’s revenue was up 6.4% compared to the same quarter last year. Analysts anticipate that Church & Dwight will post 3.44 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently declared 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 an increase 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 1.06%. Church & Dwight’s dividend payout ratio (DPR) is presently 37.17%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CFO Richard A. Dierker sold 24,380 shares of the firm’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the sale, the chief financial officer now owns 7,634 shares in the company, valued at $790,958.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Richard A. Dierker sold 24,380 shares of Church & Dwight stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $103.61, for a total value of $2,526,011.80. Following the transaction, the chief financial officer now owns 7,634 shares in the company, valued at $790,958.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Rene Hemsey sold 9,280 shares of Church & Dwight stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the transaction, the executive vice president now owns 6,373 shares in the company, valued at approximately $638,702.06. The disclosure for this sale can be found here. Insiders have sold 373,052 shares of company stock worth $38,603,796 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. V Square Quantitative Management LLC increased its holdings in shares of Church & Dwight by 19.3% in the first quarter. V Square Quantitative Management LLC now owns 6,247 shares of the company’s stock worth $652,000 after buying an additional 1,012 shares during the period. Simplicity Wealth LLC grew its stake in shares of Church & Dwight by 443.5% in the first quarter. Simplicity Wealth LLC now owns 38,052 shares of the company’s stock worth $3,969,000 after purchasing an additional 31,051 shares during the last quarter. First Pacific Financial grew its stake in shares of Church & Dwight by 1.5% in the first quarter. First Pacific Financial now owns 10,761 shares of the company’s stock worth $1,123,000 after purchasing an additional 163 shares during the last quarter. Carderock Capital Management Inc. grew its stake in shares of Church & Dwight by 7.0% in the first quarter. Carderock Capital Management Inc. now owns 48,547 shares of the company’s stock worth $5,064,000 after purchasing an additional 3,194 shares during the last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of Church & Dwight by 40.2% in the first quarter. Global Retirement Partners LLC now owns 1,238 shares of the company’s stock worth $129,000 after purchasing an additional 355 shares during the last quarter. Hedge funds and other institutional investors 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.