Church & Dwight (NYSE:CHD) Sets New 52-Week High at $109.86

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $109.86 and last traded at $109.86, with a volume of 188 shares. The stock had previously closed at $107.31.

Analysts Set New Price Targets

CHD has been the subject of a number of research reports. The Goldman Sachs Group assumed coverage on shares of Church & Dwight in a research report on Friday, March 1st. They set a "buy" rating and a $110.00 price target for the company. UBS Group upped their target price on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a "neutral" rating in a research report on Monday, February 5th. JPMorgan Chase & Co. decreased their target price on shares of Church & Dwight from $98.00 to $97.00 and set an "underweight" rating for the company in a report on Friday, May 3rd. Argus upgraded shares of Church & Dwight from a "hold" rating to a "buy" rating and set a $115.00 price target for the company in a research report on Friday, February 23rd. Finally, Truist Financial increased their target price on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a report on Friday, May 3rd. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $105.56.

Church & Dwight Trading Down 0.1 %

The company has a market cap of $26.20 billion, a price-to-earnings ratio of 33.96, a P/E/G ratio of 3.50 and a beta of 0.51. The firm has a fifty day moving average price of $104.34 and a 200 day moving average price of $98.43. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.10. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company's quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.85 EPS. As a group, equities analysts predict that Church & Dwight Co., Inc. will post 3.46 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be given a dividend of $0.2838 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. Church & Dwight's dividend payout ratio is 35.87%.

Insider Activity at Church & Dwight

In other news, CEO Matthew Farrell sold 275,000 shares of the firm's stock in a transaction on Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares of the company's stock, valued at approximately $11,703,613.77. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CEO Matthew Farrell sold 275,000 shares of the firm's stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $103.83, for a total value of $28,553,250.00. Following the transaction, the chief executive officer now owns 112,719 shares in the company, valued at $11,703,613.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael Read sold 9,000 shares of Church & Dwight stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $100.95, for a total transaction of $908,550.00. Following the transaction, the executive vice president now owns 10,325 shares of the company's stock, valued at $1,042,308.75. The disclosure for this sale can be found here. Insiders sold a total of 376,972 shares of company stock valued at $39,133,366 in the last quarter. Insiders own 2.00% of the company's stock.

Hedge Funds Weigh In On Church & Dwight

Institutional investors have recently bought and sold shares of the business. Game Plan Financial Advisors LLC acquired a new position in Church & Dwight in the first quarter valued at about $26,000. Chilton Capital Management LLC lifted its position in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company's stock worth $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 during the 1st quarter worth $31,000. Creekmur Asset Management LLC purchased a new stake in Church & Dwight during the 4th quarter worth about $32,000. Finally, Annapolis Financial Services LLC boosted its position in shares of Church & Dwight by 2,087.5% during the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company's stock worth $33,000 after acquiring an additional 334 shares in the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

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.