Church & Dwight (NYSE:CHD) Hits New 1-Year High at $108.68

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $108.68 and last traded at $106.83, with a volume of 122146 shares trading hands. The stock had previously closed at $107.89.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CHD. Oppenheimer upped their price objective on Church & Dwight from $110.00 to $120.00 and gave the company an "outperform" rating in a research note on Tuesday, April 23rd. Barclays increased their price target on Church & Dwight from $80.00 to $83.00 and gave the stock an "underweight" rating in a research report on Friday, April 12th. Bank of America increased their price target on Church & Dwight from $100.00 to $104.00 and gave the stock a "neutral" rating in a research report on Monday, April 15th. Truist Financial increased their price target on Church & Dwight from $105.00 to $110.00 and gave the stock a "buy" rating in a research report on Wednesday, February 7th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Church & Dwight from $109.00 to $112.00 and gave the stock a "buy" rating in a research report on Monday, April 22nd. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $104.07.

Church & Dwight Trading Down 1.5 %

The business has a 50 day simple moving average of $103.29 and a 200-day simple moving average of $97.53. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08. The stock has a market capitalization of $25.92 billion, a P/E ratio of 35.50, a price-to-earnings-growth ratio of 3.57 and a beta of 0.53.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.65. The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The firm's quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the company posted $0.62 EPS. On average, analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. Church & Dwight's payout ratio is currently 37.17%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total transaction of $930,041.60. Following the completion of the sale, the executive vice president now owns 6,373 shares in the company, valued at approximately $638,702.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the sale, the executive vice president now owns 4,319 shares in the company, valued at approximately $451,551.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the sale, the executive vice president now owns 6,373 shares of the company's stock, valued at approximately $638,702.06. The disclosure for this sale can be found here. In the last ninety days, insiders sold 373,052 shares of company stock valued at $38,603,796. 1.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Church & Dwight

A number of institutional investors and hedge funds have recently modified their holdings of CHD. Game Plan Financial Advisors LLC purchased a new stake in shares of Church & Dwight in the first quarter valued at $26,000. Chilton Capital Management LLC lifted its holdings in shares of Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company's stock valued at $31,000 after purchasing an additional 110 shares in the last quarter. Roble Belko & Company Inc purchased a new stake in shares of Church & Dwight in the first quarter valued at $31,000. Creekmur Asset Management LLC purchased a new stake in shares of Church & Dwight in the fourth quarter valued at $32,000. Finally, Annapolis Financial Services LLC lifted its holdings in shares of Church & Dwight by 2,087.5% in the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company's stock valued at $33,000 after purchasing an additional 334 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.