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

Church & Dwight (NYSE:CHDFree Report) had its price target hoisted by Oppenheimer from $107.00 to $110.00 in a report released on Monday morning, Benzinga reports. Oppenheimer currently has an outperform rating on the stock.

A number of other brokerages also recently weighed in on CHD. JPMorgan Chase & Co. boosted their target price on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an underweight rating in a research note on Thursday, January 18th. TheStreet lowered Church & Dwight from a b- rating to a c rating in a research report on Friday, November 3rd. Citigroup downgraded Church & Dwight from a neutral rating to a sell rating and set a $90.00 target price for the company. in a research report on Wednesday, December 13th. Jefferies Financial Group began coverage on Church & Dwight in a report on Monday, November 13th. They issued a hold rating and a $99.00 price target on the stock. Finally, Raymond James raised Church & Dwight from an underperform rating to a market perform rating in a report on Monday, October 23rd. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of Hold and an average target price of $100.43.

Get Our Latest Research Report on Church & Dwight

Church & Dwight Stock Up 0.6 %

Shares of CHD opened at $100.75 on Monday. The business’s 50 day simple moving average is $95.79 and its 200-day simple moving average is $93.96. Church & Dwight has a one year low of $81.79 and a one year high of $103.21. The company has a market capitalization of $24.82 billion, a P/E ratio of 33.14, a PEG ratio of 3.46 and a beta of 0.54. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64.

Church & Dwight (NYSE:CHDGet Free Report) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.65 EPS for the quarter, hitting analysts’ consensus estimates of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the previous year, the firm earned $0.62 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis. As a group, sell-side analysts predict that Church & Dwight will post 3.43 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 1st. Shareholders of record on Thursday, February 15th will be paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.13%. The ex-dividend date is Wednesday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s dividend payout ratio is presently 35.86%.

Insider Transactions at Church & Dwight

In related news, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $96.00, for a total value of $432,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.00% of the company’s stock.

Institutional Trading of Church & Dwight

Large investors have recently bought and sold shares of the business. Nemes Rush Group LLC acquired a new position in shares of Church & Dwight in the second quarter valued at approximately $27,000. Chilton Capital Management LLC boosted its stake in Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the period. Annapolis Financial Services LLC increased its holdings in Church & Dwight by 2,087.5% during the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after purchasing an additional 334 shares in the last quarter. Covestor Ltd raised its stake in shares of Church & Dwight by 82.2% in the 2nd quarter. Covestor Ltd now owns 359 shares of the company’s stock valued at $36,000 after purchasing an additional 162 shares during the period. Finally, Koesten Hirschmann & Crabtree INC. bought a new stake in shares of Church & Dwight in the third quarter valued at about $38,000. 82.79% of the stock is owned by institutional investors.

About Church & Dwight

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Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.

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