Church & Dwight (NYSE:CHD) Price Target Raised to $108.00

Church & Dwight (NYSE:CHD - Free Report) had its price objective upped by Wells Fargo & Company from $105.00 to $108.00 in a research report sent to investors on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. decreased their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a report on Friday, April 11th. Wall Street Zen upgraded shares of Church & Dwight from a "sell" rating to a "hold" rating in a research note on Saturday, June 21st. TD Cowen cut shares of Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 price target on the stock. in a research note on Tuesday, May 6th. Truist Financial set a $110.00 target price on shares of Church & Dwight and gave the company a "buy" rating in a research report on Friday, June 6th. Finally, UBS Group decreased their target price on shares of Church & Dwight from $110.00 to $102.00 and set a "neutral" rating on the stock in a research report on Friday, May 2nd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $107.43.

Church & Dwight Trading Down 1.1%

Shares of NYSE:CHD traded down $1.06 on Wednesday, reaching $98.03. 1,425,771 shares of the company traded hands, compared to its average volume of 1,764,237. The business's 50-day simple moving average is $96.65 and its 200 day simple moving average is $102.55. Church & Dwight has a 52 week low of $90.99 and a 52 week high of $116.46. The stock has a market capitalization of $24.14 billion, a P/E ratio of 42.07, a price-to-earnings-growth ratio of 3.98 and a beta of 0.51. The company has a current ratio of 1.95, a quick ratio of 1.43 and a debt-to-equity ratio of 0.48.

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

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th were paid a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Thursday, May 15th. Church & Dwight's payout ratio is 50.64%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 14,660 shares of Church & Dwight 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 directly owned 13,747 shares in the company, valued at approximately $1,360,953. The trade was a 51.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Carlen Hooker sold 6,380 shares of the company's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $98.30, for a total transaction of $627,154.00. Following the sale, the executive vice president directly owned 262 shares of the company's stock, valued at $25,754.60. The trade was a 96.06% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 50,575 shares of company stock worth $4,910,586. Corporate insiders own 2.00% of the company's stock.

Institutional Investors Weigh In On Church & Dwight

Hedge funds have recently modified their holdings of the company. IAG Wealth Partners LLC grew its holdings in shares of Church & Dwight by 92.9% in the first quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock valued at $30,000 after purchasing an additional 130 shares in the last quarter. Wayfinding Financial LLC purchased a new position in Church & Dwight in the 1st quarter valued at approximately $40,000. Versant Capital Management Inc increased its stake in Church & Dwight by 42.1% in the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after purchasing an additional 112 shares in the last quarter. Bernard Wealth Management Corp. purchased a new stake in Church & Dwight in the 4th quarter valued at approximately $40,000. Finally, Chilton Capital Management LLC lifted its stake in Church & Dwight by 90.9% in the 1st quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock valued at $46,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors 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.