Church & Dwight Co., Inc. (NYSE:CHD) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Church & Dwight Co., Inc. has received a consensus recommendation of "Hold" from analysts, with four sell ratings, six hold ratings, and seven buy ratings among the seventeen firms covering the stock.
• The company's average twelve-month target price is $103.94, with various analysts issuing differing price targets ranging from $83.00 to $114.00.
• Church & Dwight recently announced a quarterly dividend of $0.295 per share, reflecting a 1.3% dividend yield and a payout ratio of 55.66%.

Shares of Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) have been assigned a consensus rating of "Hold" from the seventeen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $103.9375.

Several equities research analysts have issued reports on CHD shares. Redburn Partners set a $83.00 target price on Church & Dwight in a research report on Monday, July 14th. Royal Bank Of Canada raised shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and upped their price target for the stock from $100.00 to $114.00 in a report on Monday, June 2nd. Barclays decreased their price target on shares of Church & Dwight from $84.00 to $83.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. Cowen cut shares of Church & Dwight from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. Finally, UBS Group upped their price target on shares of Church & Dwight from $102.00 to $103.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th.

Insiders Place Their Bets

In related news, EVP Carlen Hooker sold 6,380 shares of Church & Dwight stock in a transaction on Monday, June 16th. The shares were sold at an average price of $98.30, for a total transaction of $627,154.00. Following the transaction, the executive vice president owned 262 shares in the company, valued at approximately $25,754.60. The trade was a 96.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ravichandra Krishnamu Saligram sold 14,660 shares of Church & Dwight stock in a transaction on Friday, May 30th. The shares were sold at an average price of $99.00, for a total transaction of $1,451,340.00. Following the transaction, the director owned 13,747 shares in the company, valued at approximately $1,360,953. This trade represents a 51.61% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have purchased 12,879 shares of company stock worth $1,177,702 and have sold 35,915 shares worth $3,545,300. Company insiders own 2.00% of the company's stock.

Institutional Trading of Church & Dwight

Hedge funds have recently bought and sold shares of the stock. Cresset Asset Management LLC increased its holdings in shares of Church & Dwight by 1.3% in the 2nd quarter. Cresset Asset Management LLC now owns 73,567 shares of the company's stock worth $7,071,000 after buying an additional 960 shares during the last quarter. Tema Etfs LLC purchased a new stake in Church & Dwight in the 2nd quarter valued at about $815,000. Amundi lifted its position in shares of Church & Dwight by 0.7% in the 2nd quarter. Amundi now owns 1,449,645 shares of the company's stock worth $142,109,000 after purchasing an additional 10,046 shares during the period. Portland Global Advisors LLC lifted its position in shares of Church & Dwight by 1.6% in the 2nd quarter. Portland Global Advisors LLC now owns 68,211 shares of the company's stock worth $6,556,000 after purchasing an additional 1,050 shares during the period. Finally, Baird Financial Group Inc. lifted its position in shares of Church & Dwight by 9.0% in the 2nd quarter. Baird Financial Group Inc. now owns 29,398 shares of the company's stock worth $2,825,000 after purchasing an additional 2,419 shares during the period. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Trading Up 1.4%

NYSE:CHD opened at $93.57 on Thursday. The company has a market cap of $22.79 billion, a P/E ratio of 44.14, a P/E/G ratio of 3.81 and a beta of 0.43. The stock's fifty day moving average price is $96.26 and its two-hundred day moving average price is $100.97. Church & Dwight has a 1 year low of $90.50 and a 1 year high of $116.46. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its earnings results on Friday, August 1st. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.09. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%. The business's quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.93 earnings per share. As a group, analysts expect that Church & Dwight will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a dividend of $0.295 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. Church & Dwight's dividend payout ratio (DPR) is 55.66%.

Church & Dwight Company Profile

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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