Church & Dwight (NYSE:CHD) Given New $115.00 Price Target at Truist Financial

Church & Dwight (NYSE:CHD) had its target price boosted by research analysts at Truist Financial from $110.00 to $115.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s target price points to a potential upside of 8.28% from the stock’s previous close.

Several other research analysts also recently commented on CHD. Wells Fargo & Company raised their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. JPMorgan Chase & Co. lifted their price target on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research report on Thursday, January 16th. TD Cowen increased their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Royal Bank of Canada restated a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a research note on Monday. Finally, Barclays upped their price target on Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research report on Friday, January 17th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Church & Dwight has a consensus rating of “Hold” and an average target price of $111.00.

Church & Dwight Stock Performance

Shares of CHD traded up $0.68 during mid-day trading on Monday, hitting $106.20. The stock had a trading volume of 715,692 shares, compared to its average volume of 1,599,541. Church & Dwight has a 52 week low of $96.09 and a 52 week high of $113.50. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The business has a fifty day moving average price of $106.30 and a 200-day moving average price of $104.22. The firm has a market cap of $26.02 billion, a P/E ratio of 44.79, a PEG ratio of 3.28 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data 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 period last year, the company posted $0.65 earnings per share. On average, equities research analysts expect that Church & Dwight will post 3.7 EPS for the current year.

Insider Buying and Selling at Church & Dwight

In other news, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction that occurred 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 completion of the sale, the chief accounting officer now owns 400 shares of the company’s stock, valued at approximately $44,976. This represents a 95.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Matthew Farrell sold 300,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $103.84, for a total transaction of $31,152,000.00. Following the completion of the transaction, the chief executive officer now owns 112,719 shares in the company, valued at $11,704,740.96. This represents a 72.69 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 415,622 shares of company stock worth $43,994,559 over the last ninety days. Insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Point72 Asset Management L.P. bought a new position in shares of Church & Dwight during the second quarter valued at approximately $117,000. Truist Financial Corp raised its holdings in Church & Dwight by 0.6% in the 2nd quarter. Truist Financial Corp now owns 44,151 shares of the company’s stock worth $4,578,000 after purchasing an additional 264 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Church & Dwight in the 2nd quarter worth about $2,480,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Church & Dwight during the 2nd quarter valued at about $33,000. Finally, Czech National Bank increased its position in shares of Church & Dwight by 7.0% during the third quarter. Czech National Bank now owns 49,871 shares of the company’s stock valued at $5,222,000 after buying an additional 3,274 shares during the period. 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, 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.