Church & Dwight (NYSE:CHD) Price Target Lowered to $82.00 at Barclays

Church & Dwight (NYSE:CHD - Free Report) had its price target lowered by Barclays from $83.00 to $82.00 in a research report report published on Monday, Benzinga reports. The firm currently has an underweight rating on the stock.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. reduced their price target on shares of Church & Dwight from $98.00 to $97.00 and set an underweight rating for the company in a research report on Friday. UBS Group raised their price objective on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a neutral rating in a research note on Monday, February 5th. HSBC raised their price objective on shares of Church & Dwight from $110.00 to $114.00 and gave the stock a hold rating in a research note on Friday. Stifel Nicolaus raised their price objective on shares of Church & Dwight from $91.00 to $99.00 and gave the stock a hold rating in a research note on Monday, February 5th. Finally, Evercore ISI raised their price objective on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an in-line rating in a research note on Friday. Three analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Church & Dwight has a consensus rating of Hold and a consensus target price of $105.56.

Church & Dwight Stock Down 0.7 %

Shares of NYSE:CHD traded down $0.70 during trading on Monday, reaching $105.41. The stock had a trading volume of 1,223,371 shares, compared to its average volume of 1,297,963. The company has a market capitalization of $25.77 billion, a P/E ratio of 33.46, a PEG ratio of 3.53 and a beta of 0.51. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. The firm's 50-day simple moving average is $103.78 and its 200 day simple moving average is $97.99. Church & Dwight has a one year low of $82.25 and a one year high of $108.68.

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

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be issued a dividend of $0.2838 per share. The ex-dividend date is Tuesday, May 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.08%. Church & Dwight's dividend payout ratio is presently 35.87%.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $105.00, for a total transaction of $472,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Michael Read sold 4,500 shares of the firm's stock in a transaction on Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Rene Hemsey sold 9,280 shares of the firm's stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the transaction, the executive vice president now owns 6,373 shares of the company's stock, valued at $638,702.06. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 373,052 shares of company stock worth $38,603,796. Company insiders own 1.40% of the company's stock.

Institutional Trading of Church & Dwight

A number of large investors have recently modified their holdings of the stock. Simplicity Solutions LLC grew its stake in Church & Dwight by 69.5% during the 4th quarter. Simplicity Solutions LLC now owns 26,257 shares of the company's stock worth $2,483,000 after purchasing an additional 10,762 shares in the last quarter. abrdn plc increased its stake in shares of Church & Dwight by 35.0% during the fourth quarter. abrdn plc now owns 281,416 shares of the company's stock worth $26,611,000 after buying an additional 73,022 shares during the period. Crown Oak Advisors LLC purchased a new stake in shares of Church & Dwight during the fourth quarter worth approximately $10,142,000. Assenagon Asset Management S.A. raised its holdings in Church & Dwight by 290.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 56,221 shares of the company's stock valued at $5,316,000 after acquiring an additional 41,804 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in Church & Dwight by 6.2% in the fourth quarter. Russell Investments Group Ltd. now owns 185,243 shares of the company's stock worth $17,508,000 after acquiring an additional 10,775 shares during the last quarter. Hedge funds and other 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.