Church & Dwight (NYSE:CHD) Price Target Lowered to $85.00 at Citigroup

Key Points

• Citigroup has reduced its price target for Church & Dwight from $88.00 to $85.00 and maintains a "sell" rating, reflecting a potential downside of 3.54% from the stock's previous close.
• Several other firms have also lowered their price targets for Church & Dwight, with an average price target currently standing at $100.88, indicating mixed investor sentiment with seven "buy" ratings and five "sell" ratings.
• Church & Dwight's stock has experienced a decline, recently trading at $88.12 after falling 0.9%, with a notable earnings report that exceeded analyst expectations despite a year-over-year revenue decrease.

Church & Dwight (NYSE:CHD - Get Free Report) had its price objective lowered by equities researchers at Citigroup from $88.00 to $85.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a "sell" rating on the stock. Citigroup's price objective indicates a potential downside of 3.54% from the stock's previous close.

A number of other equities analysts have also recently weighed in on CHD. UBS Group decreased their price objective on shares of Church & Dwight from $103.00 to $98.00 and set a "neutral" rating for the company in a research report on Wednesday. JPMorgan Chase & Co. decreased their price objective on shares of Church & Dwight from $97.00 to $92.00 and set an "underweight" rating for the company in a research report on Monday, August 4th. Evercore ISI decreased their price objective on shares of Church & Dwight from $102.00 to $101.00 and set an "in-line" rating for the company in a research report on Monday, August 4th. Redburn Partners set a $83.00 price objective on shares of Church & Dwight in a research report on Monday, July 14th. Finally, Barclays decreased their price objective on shares of Church & Dwight from $84.00 to $83.00 and set an "underweight" rating for the company in a research report on Monday, August 4th. Seven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $100.88.

Church & Dwight Stock Down 0.9%

Church & Dwight stock traded down $0.80 during trading on Thursday, reaching $88.12. 406,665 shares of the company's stock were exchanged, compared to its average volume of 2,056,073. The company's 50-day moving average is $91.63 and its two-hundred day moving average is $96.44. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.84. Church & Dwight has a 52-week low of $85.08 and a 52-week high of $116.46. The firm has a market cap of $21.47 billion, a price-to-earnings ratio of 41.59, a PEG ratio of 3.72 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, topping 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 firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. During the same period in the prior year, the company earned $0.93 EPS. The firm's revenue 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, 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 acquired 5,470 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The shares were purchased at an average price of $91.57 per share, for a total transaction of $500,887.90. Following the completion of the purchase, the chief executive officer directly owned 27,212 shares in the company, valued at $2,491,802.84. The trade was a 25.16% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Michael Read acquired 2,000 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The shares were acquired at an average price of $91.27 per share, for a total transaction of $182,540.00. Following the purchase, the executive vice president owned 7,505 shares of the company's stock, valued at $684,981.35. This trade represents a 36.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 12,879 shares of company stock worth $1,177,702 over the last quarter. 2.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Church & Dwight

Several large investors have recently made changes to their positions in CHD. Norges Bank acquired a new stake in shares of Church & Dwight in the second quarter valued at approximately $303,907,000. Nuveen LLC acquired a new stake in shares of Church & Dwight in the first quarter valued at approximately $106,736,000. Thrivent Financial for Lutherans increased its stake in shares of Church & Dwight by 3,269.4% in the second quarter. Thrivent Financial for Lutherans now owns 896,306 shares of the company's stock valued at $86,134,000 after purchasing an additional 869,705 shares during the period. Vanguard Group Inc. increased its stake in shares of Church & Dwight by 2.4% in the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock valued at $3,461,410,000 after purchasing an additional 750,575 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Church & Dwight by 25.1% in the second quarter. Invesco Ltd. now owns 3,510,113 shares of the company's stock valued at $337,357,000 after purchasing an additional 703,171 shares during the period. Institutional investors and hedge funds own 86.60% of the company's stock.

About Church & Dwight

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.