Church & Dwight (NYSE:CHD) Upgraded by Wall Street Zen to "Hold" Rating

Key Points

• Wall Street Zen upgraded Church & Dwight from “Sell” to “Hold,” aligning with the broader analyst consensus of “Hold” and an average price target of $104.41.
• Church & Dwight reported quarterly revenue of $1.53 billion, exceeding estimates, but EPS of $0.89 fell just short of the $0.90 consensus; revenue increased 1.6% year over year.
• Insiders sold 59,220 shares worth approximately $5.9 million over the past 90 days, while institutional investors own a significant 86.6% of the company.

Church & Dwight (NYSE:CHD - Get Free Report) was upgraded by Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Sunday.

CHD has been the subject of several other reports. Weiss Ratings upgraded Church & Dwight from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, July 16th. JPMorgan Chase & Co. upped their price target on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a "neutral" rating in a report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $109.00 price target on shares of Church & Dwight in a research note on Monday, May 4th. Wells Fargo & Company reiterated an "overweight" rating and set a $110.00 price objective (up from $105.00) on shares of Church & Dwight in a report on Wednesday, July 8th. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $111.00 price objective on shares of Church & Dwight in a research report on Friday, May 29th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Church & Dwight presently has a consensus rating of "Hold" and a consensus price target of $104.41.

Church & Dwight Trading Down 0.1%

CHD opened at $101.25 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.15. The stock's 50 day moving average price is $98.40 and its 200-day moving average price is $97.42. Church & Dwight has a one year low of $81.33 and a one year high of $106.04. The stock has a market cap of $24.02 billion, a price-to-earnings ratio of 32.56, a P/E/G ratio of 3.70 and a beta of 0.47.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.90 by ($0.01). Church & Dwight had a return on equity of 20.10% and a net margin of 11.96%.The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the business posted $0.94 earnings per share. Church & Dwight's revenue was up 1.6% on a year-over-year basis. Church & Dwight has set its Q3 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 3.740-3.810 EPS. On average, equities analysts forecast that Church & Dwight will post 3.78 EPS for the current year.

Insider Buying and Selling at Church & Dwight

In related news, Director Arthur B. Winkleblack sold 13,200 shares of Church & Dwight stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $102.83, for a total value of $1,357,356.00. Following the completion of the sale, the director directly owned 7,129 shares in the company, valued at $733,075.07. The trade was a 64.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Robert K. Shearer sold 8,600 shares of the company's stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $97.97, for a total transaction of $842,542.00. Following the completion of the sale, the director directly owned 30,678 shares of the company's stock, valued at approximately $3,005,523.66. This trade represents a 21.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 59,220 shares of company stock worth $5,905,747. Insiders own 2.00% of the company's stock.

Institutional Investors Weigh In On Church & Dwight

Several hedge funds have recently modified their holdings of the business. BlackRock Inc. bought a new position in Church & Dwight in the second quarter worth approximately $2,174,535,000. Norges Bank bought a new stake in Church & Dwight during the 4th quarter valued at $269,789,000. Capital International Investors boosted its position in Church & Dwight by 18.1% during the 4th quarter. Capital International Investors now owns 11,302,929 shares of the company's stock valued at $947,820,000 after acquiring an additional 1,734,801 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Church & Dwight by 51.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company's stock valued at $468,902,000 after acquiring an additional 1,709,090 shares during the period. Finally, Legal & General Group Plc purchased a new position in shares of Church & Dwight in the 2nd quarter valued at $153,639,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

About Church & Dwight

Church & Dwight Co, Inc is a U.S.-based consumer products company best known for its Arm & Hammer baking soda business. Founded in 1846 with the manufacture and marketing of sodium bicarbonate, the company has grown into a diversified maker and marketer of household, personal care and specialty products. Church & Dwight is publicly traded on the New York Stock Exchange under the ticker CHD and is headquartered in Ewing, New Jersey.

The company's portfolio spans a range of categories including household cleaning and laundry, oral care, personal care, sexual wellness and health & wellness.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source