Church & Dwight (NYSE:CHD) Price Target Cut to $105.00 by Analysts at Bank of America

Key Points

• Bank of America has reduced its price target for Church & Dwight from $120 to $105, while still maintaining a "buy" rating, which suggests a potential upside of 17.97% from the current price.
• Recent analyst ratings show a mixed outlook for the stock, with seven analysts issuing "buy" ratings, while others have downgraded it or issued "sell" ratings.
• CEO Richard A. Dierker and EVP Michael Read have recently increased their shareholdings in Church & Dwight, indicating insider confidence in the company's prospects.

Church & Dwight (NYSE:CHD - Get Free Report) had its price target decreased by stock analysts at Bank of America from $120.00 to $105.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Bank of America's target price indicates a potential upside of 17.97% from the company's current price.

Several other research firms also recently commented on CHD. Redburn Atlantic downgraded shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research report on Monday, July 14th. JPMorgan Chase & Co. lowered their price objective on shares of Church & Dwight from $97.00 to $92.00 and set an "underweight" rating on the stock in a research note on Monday, August 4th. UBS Group lowered their price objective on shares of Church & Dwight from $103.00 to $98.00 and set a "neutral" rating on the stock in a research note on Wednesday. Wells Fargo & Company reduced their target price on shares of Church & Dwight from $108.00 to $100.00 and set an "overweight" rating on the stock in a report on Thursday, September 25th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Church & Dwight in a research report on Wednesday. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Church & Dwight has an average rating of "Hold" and an average price target of $101.88.

Church & Dwight Trading Down 1.1%

CHD stock traded down $1.01 during trading on Wednesday, reaching $89.00. 1,002,485 shares of the stock were exchanged, compared to its average volume of 2,060,890. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. The business has a 50 day moving average price of $91.77 and a 200-day moving average price of $96.49. Church & Dwight has a 1 year low of $85.08 and a 1 year high of $116.46. The firm has a market capitalization of $21.68 billion, a price-to-earnings ratio of 41.98, a P/E/G ratio of 3.67 and a beta of 0.43.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, beating analysts' consensus estimates of $0.85 by $0.09. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The business had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. During the same period last year, the business earned $0.93 earnings per share. The business's revenue for the quarter was down .3% on a year-over-year basis. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. On average, research analysts predict that Church & Dwight will post 3.7 earnings per share for the current year.

Insider Buying and Selling

In other Church & Dwight news, CEO Richard A. Dierker bought 5,470 shares of the stock in a transaction dated Tuesday, August 12th. The stock was bought at an average cost of $91.57 per share, for a total transaction of $500,887.90. Following the completion of the purchase, the chief executive officer owned 27,212 shares in the company, valued at $2,491,802.84. This represents a 25.16% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Michael Read purchased 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 5th. The stock was purchased at an average price of $91.27 per share, for a total transaction of $182,540.00. Following the acquisition, the executive vice president owned 7,505 shares of the company's stock, valued at $684,981.35. The trade was a 36.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 12,879 shares of company stock worth $1,177,702. Insiders own 1.20% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CHD. IAG Wealth Partners LLC increased its holdings in shares of Church & Dwight by 92.9% during the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock worth $30,000 after acquiring an additional 130 shares during the last quarter. Wayfinding Financial LLC acquired a new position in Church & Dwight in the 1st quarter worth about $40,000. Opal Wealth Advisors LLC acquired a new stake in shares of Church & Dwight in the second quarter valued at about $45,000. Chilton Capital Management LLC increased its stake in shares of Church & Dwight by 90.9% in the first quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock valued at $46,000 after buying an additional 200 shares during the period. Finally, Motco bought a new stake in shares of Church & Dwight during the 1st quarter valued at about $46,000. Institutional investors and hedge funds own 86.60% of the company's stock.

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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