Piper Sandler Lowers Church & Dwight (NYSE:CHD) Price Target to $126.00

Church & Dwight (NYSE:CHD) had its target price decreased by investment analysts at Piper Sandler from $128.00 to $126.00 in a research note issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s target price indicates a potential upside of 18.43% from the stock’s current price.

CHD has been the subject of a number of other research reports. TD Cowen raised their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Barclays boosted their price target on shares of Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a research note on Friday, January 17th. Deutsche Bank Aktiengesellschaft raised their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Wells Fargo & Company increased their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Finally, Stifel Nicolaus decreased their price objective on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Church & Dwight currently has an average rating of “Hold” and a consensus price target of $110.50.

Church & Dwight Stock Performance

Shares of CHD traded up $0.88 during trading hours on Monday, reaching $106.40. 366,847 shares of the company traded hands, compared to its average volume of 1,581,060. The stock’s fifty day moving average is $106.30 and its 200 day moving average is $104.22. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight has a 1-year low of $96.09 and a 1-year high of $113.50. The stock has a market cap of $26.07 billion, a P/E ratio of 44.89, a price-to-earnings-growth ratio of 3.28 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same period in the prior year, the company posted $0.65 EPS. Equities research analysts anticipate that Church & Dwight will post 3.7 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Michael Read acquired 1,100 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Joseph James Longo sold 7,780 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares in the company, valued at approximately $44,976. The trade was a 95.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 415,622 shares of company stock worth $43,994,559 over the last three months. Insiders own 1.40% of the company’s stock.

Institutional Trading of Church & Dwight

Hedge funds and other institutional investors have recently made changes to their positions in the company. Empowered Funds LLC increased its position in Church & Dwight by 2.8% in the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock valued at $382,000 after acquiring an additional 99 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in shares of Church & Dwight by 0.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock worth $3,358,000 after purchasing an additional 104 shares in the last quarter. HCR Wealth Advisors raised its holdings in Church & Dwight by 0.9% during the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after buying an additional 106 shares during the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of Church & Dwight by 3.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company’s stock worth $353,000 after acquiring an additional 107 shares during the last quarter. Finally, Atria Wealth Solutions Inc. lifted its holdings in shares of Church & Dwight by 0.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company’s stock valued at $1,270,000 after purchasing an additional 110 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.