Church & Dwight Co., Inc. (NYSE:CHD) Receives Average Recommendation of "Hold" from Analysts

Shares of Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) have been given an average recommendation of "Hold" by the seventeen research firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $104.44.

Several equities research analysts have weighed in on the company. Rothschild & Co Redburn cut Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 target price for the company. in a research note on Monday, July 14th. Wells Fargo & Company upped their price target on shares of Church & Dwight from $105.00 to $108.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. Oppenheimer lowered their price target on shares of Church & Dwight from $120.00 to $115.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Bank of America upgraded shares of Church & Dwight from a "neutral" rating to a "buy" rating and upped their price target for the stock from $112.00 to $125.00 in a report on Tuesday, April 15th. 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

In other news, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the director owned 13,747 shares in the company, valued at $1,360,953. This trade represents a 51.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Penry W. Price sold 14,660 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $93.13, for a total transaction of $1,365,285.80. Following the sale, the director owned 27,043 shares of the company's stock, valued at approximately $2,518,514.59. The trade was a 35.15% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,575 shares of company stock worth $4,910,586. Company insiders own 2.00% of the company's stock.

Institutional Investors Weigh In On Church & Dwight

Several large investors have recently modified their holdings of CHD. Norges Bank bought a new position in Church & Dwight in the 4th quarter valued at $318,532,000. JPMorgan Chase & Co. boosted its holdings in Church & Dwight by 19.4% in the 4th quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock valued at $768,157,000 after purchasing an additional 1,190,154 shares during the period. Nuveen LLC bought a new stake in shares of Church & Dwight during the 1st quarter worth $106,736,000. GAMMA Investing LLC lifted its holdings in shares of Church & Dwight by 12,489.8% during the 1st quarter. GAMMA Investing LLC now owns 861,895 shares of the company's stock worth $94,886,000 after acquiring an additional 855,049 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Church & Dwight by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock worth $3,461,410,000 after acquiring an additional 750,575 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $96.52 on Friday. The business's 50 day moving average price is $97.08 and its two-hundred day moving average price is $102.21. The company has a market cap of $23.77 billion, a PE ratio of 41.43, a price-to-earnings-growth ratio of 3.88 and a beta of 0.51. 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.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.02. Church & Dwight had a return on equity of 19.28% and a net margin of 9.52%. The company had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.52 billion. During the same quarter in the previous year, the company posted $0.96 earnings per share. The business's revenue was down 2.4% on a year-over-year basis. On average, analysts predict that Church & Dwight will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Thursday, May 15th were given a $0.295 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.18 annualized dividend and a yield of 1.22%. Church & Dwight's payout ratio is 50.64%.

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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