Church & Dwight (NYSE:CHD) PT Raised to $83.00 at Barclays

Church & Dwight (NYSE:CHD - Free Report) had its target price upped by Barclays from $80.00 to $83.00 in a research note issued to investors on Friday morning, Benzinga reports. Barclays currently has an underweight rating on the stock.

CHD has been the subject of several other reports. Argus upgraded shares of Church & Dwight from a hold rating to a buy rating and set a $115.00 target price for the company in a research report on Friday, February 23rd. Truist Financial lifted their target price on shares of Church & Dwight from $105.00 to $110.00 and gave the company a buy rating in a research report on Wednesday, February 7th. Oppenheimer lifted their target price on shares of Church & Dwight from $107.00 to $110.00 and gave the company an outperform rating in a research report on Monday, February 5th. JPMorgan Chase & Co. lifted their price target on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an underweight rating in a research note on Thursday, January 18th. Finally, TheStreet raised shares of Church & Dwight from a c+ rating to a b rating in a research note on Friday, February 2nd. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of Hold and an average price target of $103.00.

Church & Dwight Stock Performance

Shares of CHD traded down $0.50 during trading hours on Friday, hitting $101.08. The company's stock had a trading volume of 1,164,556 shares, compared to its average volume of 1,296,247. The company has a market cap of $24.65 billion, a price-to-earnings ratio of 33.15, a PEG ratio of 3.53 and a beta of 0.53. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. The business has a 50 day simple moving average of $101.66 and a two-hundred day simple moving average of $96.06. Church & Dwight has a 52-week low of $82.25 and a 52-week high of $105.67.

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

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a dividend of $0.2838 per share. This is an increase from Church & Dwight's previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend was Wednesday, February 14th. Church & Dwight's payout ratio is presently 37.17%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 275,000 shares of the business's stock in a transaction on Monday, March 11th. The shares were sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the transaction, 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 can be accessed through the SEC website. In other Church & Dwight news, CEO Matthew Farrell sold 275,000 shares of the business's stock in a transaction on Monday, March 11th. The shares were sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the transaction, 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 can be accessed through the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the business's stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at $451,551.45. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 373,052 shares of company stock valued at $38,603,796. 2.00% of the stock is currently owned by company insiders.

Institutional Trading of Church & Dwight

A number of hedge funds have recently modified their holdings of the business. Chilton Capital Management LLC boosted its holdings in shares of Church & Dwight by 50.0% during the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company's stock valued at $31,000 after buying an additional 110 shares in the last quarter. Global Retirement Partners LLC boosted its holdings in shares of Church & Dwight by 14.7% during the 4th quarter. Global Retirement Partners LLC now owns 883 shares of the company's stock valued at $87,000 after buying an additional 113 shares in the last quarter. Gateway Advisory LLC boosted its holdings in shares of Church & Dwight by 4.4% during the 3rd quarter. Gateway Advisory LLC now owns 2,855 shares of the company's stock valued at $262,000 after buying an additional 120 shares in the last quarter. Veritable L.P. boosted its holdings in shares of Church & Dwight by 1.6% during the 1st quarter. Veritable L.P. now owns 7,718 shares of the company's stock valued at $682,000 after buying an additional 122 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in Church & Dwight by 2.0% in the 2nd quarter. Sunbelt Securities Inc. now owns 6,443 shares of the company's stock worth $646,000 after purchasing an additional 124 shares in the last quarter. Institutional investors 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.