Church & Dwight (NYSE:CHD) Stock Price Expected to Rise, UBS Group Analyst Says

Church & Dwight (NYSE:CHD) had its price target lifted by investment analysts at UBS Group from $109.00 to $110.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price target indicates a potential upside of 4.45% from the company’s previous close.

A number of other research analysts also recently issued reports on CHD. Barclays decreased their price target on Church & Dwight from $97.00 to $94.00 and set an “underweight” rating for the company in a report on Friday, April 11th. Bank of America upgraded shares of Church & Dwight from a “neutral” rating to a “buy” rating and boosted their target price for the company from $112.00 to $125.00 in a research note on Tuesday. Wells Fargo & Company raised their price target on shares of Church & Dwight from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday, April 2nd. Truist Financial increased their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $112.59.

Church & Dwight Stock Up 2.3 %

CHD stock opened at $105.32 on Thursday. The company has a market capitalization of $25.92 billion, a P/E ratio of 44.44, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. Church & Dwight has a 12 month low of $96.35 and a 12 month high of $116.46. The firm’s fifty day simple moving average is $107.23 and its 200-day simple moving average is $106.08. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share 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 quarter in the prior year, the company posted $0.65 EPS. As a group, equities research analysts forecast that Church & Dwight will post 3.7 earnings per share for the current year.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 11,060 shares of the company’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the sale, the executive vice president now directly owns 6,437 shares in the company, valued at $707,941.26. This represents a 63.21 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction on Monday, March 10th. The stock was sold at an average price of $115.98, for a total value of $6,322,069.80. Following the transaction, the executive vice president now owns 10,497 shares in the company, valued at approximately $1,217,442.06. This represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 65,570 shares of company stock valued at $7,538,449. 1.20% of the stock is currently owned by insiders.

Institutional Trading of Church & Dwight

Hedge funds have recently made changes to their positions in the company. Lake Street Advisors Group LLC grew its position in Church & Dwight by 3.7% in the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock worth $282,000 after acquiring an additional 97 shares during the period. Advisory Alpha LLC lifted its stake in shares of Church & Dwight by 3.7% in the 1st quarter. Advisory Alpha LLC now owns 2,707 shares of the company’s stock valued at $298,000 after purchasing an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of Church & Dwight by 0.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock worth $2,199,000 after purchasing an additional 103 shares during the period. Whittier Trust Co. increased its position in shares of Church & Dwight by 3.2% during the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock worth $345,000 after purchasing an additional 103 shares during the last quarter. Finally, HCR Wealth Advisors raised its holdings in Church & Dwight by 0.9% in the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock valued at $1,231,000 after buying an additional 106 shares during the period. Hedge funds and other institutional investors own 86.60% of the company’s stock.

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.