Church & Dwight (NYSE:CHD) Price Target Raised to $105.00 at Stifel Nicolaus

Church & Dwight (NYSE:CHD) had its target price boosted by Stifel Nicolaus from $103.00 to $105.00 in a report released on Monday,Benzinga reports. Stifel Nicolaus currently has a hold rating on the stock.

Other equities research analysts also recently issued reports about the stock. TD Cowen upped their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Wells Fargo & Company upped their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. lifted their target price on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday, January 16th. Piper Sandler cut their price target on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $111.00.

Church & Dwight Stock Up 0.8 %

NYSE:CHD opened at $106.37 on Monday. Church & Dwight has a 52 week low of $96.09 and a 52 week high of $113.50. The stock’s fifty day moving average is $106.30 and its two-hundred day moving average is $104.22. The stock has a market capitalization of $26.06 billion, a price-to-earnings ratio of 44.88, a price-to-earnings-growth ratio of 3.28 and a beta of 0.59. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51.

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

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.11%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 14th. Church & Dwight’s dividend payout ratio is presently 47.68%.

Insider Buying and Selling

In other news, EVP Michael Read purchased 1,100 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were 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 of the company’s stock, valued at $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Bradley C. Irwin sold 13,200 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $107.44, for a total value of $1,418,208.00. Following the completion of the sale, the director now directly owns 37,169 shares in the company, valued at $3,993,437.36. This trade represents a 26.21 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 415,622 shares of company stock valued at $43,994,559 over the last three months. 1.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Church & Dwight

Several institutional investors and hedge funds have recently made changes to their positions in CHD. YANKCOM Partnership purchased a new stake in Church & Dwight in the 4th quarter valued at approximately $25,000. Capital Performance Advisors LLP purchased a new stake in shares of Church & Dwight in the third quarter valued at $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight during the third quarter valued at $28,000. Versant Capital Management Inc increased its position in Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after purchasing an additional 184 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight in the 2nd quarter valued at about $33,000. 86.60% of the stock is currently owned by hedge funds and other 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.