Church & Dwight (NYSE:CHD) Price Target Raised to $110.00

Church & Dwight (NYSE:CHD – Free Report) had its price objective boosted by Citigroup from $105.00 to $110.00 in a research report sent to investors on Monday,Benzinga reports. They currently have a neutral rating on the stock.

Several other research firms have also recently weighed in on CHD. Weiss Ratings restated a “hold (c+)” rating on shares of Church & Dwight in a research report on Wednesday, October 14th. UBS Group reiterated a “neutral” rating and set a $106.00 target price on shares of Church & Dwight in a research report on Thursday, October 15th. Morgan Stanley boosted their price target on shares of Church & Dwight from $112.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Monday. TD Cowen set a $97.00 price target on shares of Church & Dwight and gave the stock a “hold” rating in a report on Monday, August 3rd. Finally, Wall Street Zen upgraded shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, October 10th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $108.44.

Read Our Latest Research Report on Church & Dwight

Church & Dwight Price Performance

Shares of NYSE CHD opened at $112.08 on Monday. The firm has a market capitalization of $26.45 billion, a P/E ratio of 30.16, a P/E/G ratio of 3.86 and a beta of 0.45. The company has a quick ratio of 0.62, a current ratio of 0.96 and a debt-to-equity ratio of 0.40. The stock’s 50-day simple moving average is $99.83 and its two-hundred day simple moving average is $97.98. Church & Dwight has a twelve month low of $81.49 and a twelve month high of $113.25.

Church & Dwight (NYSE:CHD – Get Free Report) last released its quarterly earnings results on Friday, October 30th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.02. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.41%. The company’s revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.81 EPS. As a group, equities analysts anticipate that Church & Dwight will post 3.77 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be given a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, November 13th. Church & Dwight’s dividend payout ratio (DPR) is presently 37.85%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Rene Hemsey sold 5,000 shares of the company’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $102.25, for a total value of $511,250.00. Following the completion of the sale, the executive vice president owned 8,086 shares of the company’s stock, valued at approximately $826,793.50. This represents a 38.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Richard A. Dierker sold 83,340 shares of the stock in a transaction on Tuesday, November 3rd. The shares were sold at an average price of $109.59, for a total transaction of $9,133,230.60. Following the transaction, the chief executive officer directly owned 38,659 shares in the company, valued at approximately $4,236,639.81. This represents a 68.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 127,690 shares of company stock valued at $13,712,471. 2.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Church & Dwight

A number of large investors have recently added to or reduced their stakes in the business. Edmond DE Rothschild Holding S.A. purchased a new stake in Church & Dwight during the second quarter valued at about $25,000. Clearstead Trust LLC purchased a new position in shares of Church & Dwight in the second quarter worth about $33,000. Fulcrum Asset Management LLP increased its holdings in shares of Church & Dwight by 815.8% in the third quarter. Fulcrum Asset Management LLP now owns 348 shares of the company’s stock worth $33,000 after buying an additional 310 shares during the period. Field & Main Bank purchased a new position in shares of Church & Dwight in the second quarter worth about $34,000. Finally, Triumph Capital Management lifted its stake in shares of Church & Dwight by 516.4% in the 3rd quarter. Triumph Capital Management now owns 376 shares of the company’s stock valued at $35,000 after acquiring an additional 315 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight News Roundup

Here are the key news stories impacting Church & Dwight this week:

  • Positive Sentiment: Several analysts raised price targets or expressed optimism: Wells Fargo reiterated an “overweight” rating and raised its target to $115, while Morgan Stanley lifted its target to $117. JPMorgan said the stock could rise, and Citigroup also boosted its target. These revisions add support after the company’s recent quarterly earnings beat and stronger sales outlook. Wells Fargo rating
  • Neutral Sentiment: Analyst views remain mixed: Morgan Stanley’s higher target came with an “equal weight” rating, while the broader consensus was reported as “Hold.” This suggests target increases do not necessarily signal strong conviction that shares will keep advancing. Morgan Stanley outlook
  • Negative Sentiment: Barclays maintained a “sell”/underweight stance despite raising its price target to $89, a cautious call that points to potential downside from recent levels. Barclays rating
  • Negative Sentiment: CEO Richard Dierker sold 83,340 shares for about $9.1 million, reducing his reported ownership by 68.31%. Director Bradley Irwin also sold 4,300 shares, worth about $475,000. Insider sales can weigh on sentiment, though the filings do not give reasons for the transactions. CEO transaction filing Director transaction filing

About Church & Dwight

(Get Free Report)

Church & Dwight Co, Inc is a consumer packaged goods company that develops, manufactures and markets household, personal care and specialty products. Its portfolio is anchored by the ARM & HAMMER brand, which is used across products such as baking soda, laundry detergent, cat litter, household cleaners, oral care products and personal care items.

The company also markets a broad range of branded products, including OxiClean laundry and cleaning products, Trojan sexual wellness products, Waterpik oral health devices, First Response pregnancy and fertility tests, Nair hair-removal products, Orajel oral pain relief, TheraBreath oral care products, and vitamins and supplements sold under the Vitafusion and L’il Critters brands.

Further Reading

Analyst Recommendations for Church & Dwight (NYSE:CHD)

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