Church & Dwight (NYSE:CHD) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Church & Dwight (NYSE:CHD) had its price target raised by investment analysts at Wells Fargo & Company from $115.00 to $120.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price points to a potential upside of 10.64% from the company’s previous close.

A number of other equities analysts have also weighed in on CHD. Barclays boosted their price objective on Church & Dwight from $93.00 to $97.00 and gave the stock an “underweight” rating in a research note on Thursday, March 27th. JPMorgan Chase & Co. lowered their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research report on Friday, February 21st. Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a report on Monday, February 3rd. Piper Sandler reduced their price target on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Finally, Stifel Nicolaus increased their price objective on Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $112.13.

Church & Dwight Price Performance

Shares of NYSE CHD traded down $1.01 during trading on Wednesday, hitting $108.46. The company had a trading volume of 367,668 shares, compared to its average volume of 1,581,198. Church & Dwight has a fifty-two week low of $96.35 and a fifty-two week high of $116.46. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The stock has a fifty day simple moving average of $107.78 and a two-hundred day simple moving average of $106.04. The firm has a market capitalization of $26.69 billion, a price-to-earnings ratio of 45.75, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting 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 earnings per share. On average, research analysts expect that Church & Dwight will post 3.7 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Rene Hemsey sold 11,060 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the sale, the executive vice president now directly owns 6,437 shares in the company, valued at approximately $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the transaction, the executive vice president now owns 10,497 shares of the company’s stock, valued at $1,217,442.06. This represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,570 shares of company stock worth $7,538,449 in the last ninety days. 2.00% of the stock is owned by corporate insiders.

Institutional Trading of Church & Dwight

Hedge funds and other institutional investors have recently bought and sold shares of the business. Lake Street Advisors Group LLC boosted its stake 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 valued at $282,000 after acquiring an additional 97 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of Church & Dwight by 0.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock worth $2,199,000 after acquiring an additional 103 shares during the period. Whittier Trust Co. grew its stake 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 period. HCR Wealth Advisors grew its holdings in Church & Dwight by 0.9% in the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock valued at $1,231,000 after purchasing an additional 106 shares during the last quarter. Finally, Atria Wealth Solutions Inc. grew its position 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 during the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

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 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.