Church & Dwight (NYSE:CHD) Stock Rating Lowered by Rothschild & Co Redburn

Rothschild & Co Redburn downgraded shares of Church & Dwight (NYSE:CHD - Free Report) from a neutral rating to a sell rating in a research note released on Monday, MarketBeat Ratings reports. They currently have $83.00 price target on the stock.

A number of other equities research analysts have also issued reports on CHD. UBS Group dropped their target price on shares of Church & Dwight from $110.00 to $102.00 and set a "neutral" rating for the company in a report on Friday, May 2nd. JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a research note on Friday, April 11th. Bank of America raised shares of Church & Dwight from a "neutral" rating to a "buy" rating and raised their target price for the stock from $112.00 to $125.00 in a research note on Tuesday, April 15th. Truist Financial set a $110.00 target price on Church & Dwight and gave the stock a "buy" rating in a report on Friday, June 6th. Finally, Morgan Stanley cut their price target on Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating for the company in a report on Monday, May 5th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, Church & Dwight has a consensus rating of "Hold" and a consensus target price of $104.38.

Church & Dwight Price Performance

Shares of CHD stock traded down $0.99 on Monday, reaching $97.07. 1,822,892 shares of the company were exchanged, compared to its average volume of 2,021,732. The company has a market cap of $23.90 billion, a price-to-earnings ratio of 41.66, a P/E/G ratio of 3.93 and a beta of 0.51. The business has a 50-day moving average price of $96.65 and a 200 day moving average price of $102.49. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.43 and a current ratio of 1.95. Church & Dwight has a 1 year low of $90.99 and a 1 year high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.02. Church & Dwight had a return on equity of 19.28% and a net margin of 9.52%. The company had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.52 billion. During the same period in the previous year, the firm posted $0.96 EPS. Church & Dwight's revenue was down 2.4% compared to the same quarter last year. Equities research analysts forecast that Church & Dwight will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th were paid a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.22%. The ex-dividend date was Thursday, May 15th. Church & Dwight's dividend payout ratio (DPR) is presently 50.64%.

Insiders Place Their Bets

In related news, CEO Richard A. Dierker acquired 7,950 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was purchased at an average price of $94.66 per share, with a total value of $752,547.00. Following the transaction, the chief executive officer owned 16,358 shares of the company's stock, valued at approximately $1,548,448.28. This trade represents a 94.55% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Carlen Hooker sold 6,380 shares of the firm's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $98.30, for a total value of $627,154.00. Following the transaction, the executive vice president owned 262 shares of the company's stock, valued at approximately $25,754.60. This represents a 96.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,575 shares of company stock worth $4,910,586. Insiders own 2.00% of the company's stock.

Hedge Funds Weigh In On Church & Dwight

Several institutional investors have recently bought and sold shares of CHD. IAG Wealth Partners LLC raised its position in Church & Dwight by 92.9% in the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock valued at $30,000 after purchasing an additional 130 shares in the last quarter. Wayfinding Financial LLC acquired a new stake in Church & Dwight in the first quarter valued at approximately $40,000. Versant Capital Management Inc grew its holdings in Church & Dwight by 42.1% during the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock worth $42,000 after acquiring an additional 112 shares in the last quarter. Bernard Wealth Management Corp. purchased a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $40,000. Finally, Chilton Capital Management LLC lifted its position in shares of Church & Dwight by 90.9% during the 1st quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock worth $46,000 after purchasing an additional 200 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.