Wells Fargo & Company Lowers Church & Dwight (NYSE:CHD) Price Target to $100.00

Key Points

• Wells Fargo & Company has lowered its price target for Church & Dwight (NYSE:CHD) from $108.00 to $100.00, maintaining an "overweight" rating that suggests a potential upside of 14.42% from the current price.
• Other analysts have varied opinions, with Redburn Partners setting a target of $83.00, while Royal Bank of Canada raised its target from $100.00 to $114.00, indicating a range of sentiments regarding the stock's future performance.
• Church & Dwight's recent earnings report showed an EPS of $0.94, exceeding expectations, but revenue for the quarter was down 0.3% year-over-year, highlighting mixed performance amid adjustments from various analysts.

Church & Dwight (NYSE:CHD - Get Free Report) had its price objective dropped by stock analysts at Wells Fargo & Company from $108.00 to $100.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an "overweight" rating on the stock. Wells Fargo & Company's price target points to a potential upside of 14.42% from the stock's current price.

A number of other research firms have also commented on CHD. Redburn Partners set a $83.00 price target on Church & Dwight in a report on Monday, July 14th. JPMorgan Chase & Co. reduced their price objective on Church & Dwight from $97.00 to $92.00 and set an "underweight" rating on the stock in a research report on Monday, August 4th. UBS Group boosted their target price on Church & Dwight from $102.00 to $103.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Royal Bank Of Canada raised Church & Dwight from a "sector perform" rating to an "outperform" rating and upped their price target for the company from $100.00 to $114.00 in a research report on Monday, June 2nd. Finally, Evercore ISI decreased their price target on shares of Church & Dwight from $102.00 to $101.00 and set an "in-line" rating for the company in a research note on Monday, August 4th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $103.44.

Church & Dwight Stock Performance

CHD opened at $87.40 on Thursday. The stock has a market cap of $21.29 billion, a price-to-earnings ratio of 41.23, a PEG ratio of 3.60 and a beta of 0.44. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. Church & Dwight has a 12-month low of $85.67 and a 12-month high of $116.46. The business has a 50 day moving average of $93.42 and a 200-day moving average of $97.92.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Friday, August 1st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. The company had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The business's revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.93 EPS. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. On average, equities research analysts expect that Church & Dwight will post 3.7 earnings per share for the current year.

Insider Buying and Selling at Church & Dwight

In related news, EVP Lee B. Mcchesney bought 5,409 shares of the company's stock in a transaction on Friday, August 8th. The shares were acquired at an average price of $91.38 per share, with a total value of $494,274.42. Following the transaction, the executive vice president owned 5,409 shares of the company's stock, valued at $494,274.42. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Michael Read bought 2,000 shares of Church & Dwight stock in a transaction on Tuesday, August 5th. The stock was purchased at an average price of $91.27 per share, with a total value of $182,540.00. Following the completion of the acquisition, the executive vice president directly owned 7,505 shares of the company's stock, valued at $684,981.35. This represents a 36.33% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 12,879 shares of company stock valued at $1,177,702 in the last quarter. 2.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank purchased a new position in Church & Dwight during the 2nd quarter worth approximately $303,907,000. Nuveen LLC purchased a new position in shares of Church & Dwight during the 1st quarter valued at about $106,736,000. Thrivent Financial for Lutherans lifted its holdings in shares of Church & Dwight by 3,269.4% in the 2nd quarter. Thrivent Financial for Lutherans now owns 896,306 shares of the company's stock valued at $86,134,000 after buying an additional 869,705 shares during the period. GAMMA Investing LLC grew its stake in shares of Church & Dwight by 12,489.8% during the 1st quarter. GAMMA Investing LLC now owns 861,895 shares of the company's stock worth $94,886,000 after purchasing an additional 855,049 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Church & Dwight by 2.4% in the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock valued at $3,461,410,000 after buying an additional 750,575 shares in the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Company Profile

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.

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