Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) CEO Richard Dierker sold 83,340 shares of the business's stock in a transaction dated Tuesday, November 3rd. The stock was sold at an average price of $109.59, for a total value of $9,133,230.60. Following the sale, the chief executive officer owned 38,659 shares in the company, valued at approximately $4,236,639.81. The trade was a 68.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Church & Dwight Price Performance
Shares of NYSE:CHD opened at $112.08 on Thursday. The company's fifty day moving average is $99.83 and its two-hundred day moving average is $97.98. The company has a market cap of $26.45 billion, a P/E ratio of 34.49, a price-to-earnings-growth ratio of 3.86 and a beta of 0.45. Church & Dwight Co., Inc. has a 12-month low of $81.49 and a 12-month high of $113.25. The company has a quick ratio of 0.62, a current ratio of 0.96 and a debt-to-equity ratio of 0.40.
Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Friday, October 30th. The company reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.90 by $0.02. Church & Dwight had a return on equity of 20.28% and a net margin of 12.41%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the company earned $0.81 EPS. The firm's quarterly revenue was up 1.0% on a year-over-year basis. Equities analysts expect that Church & Dwight Co., Inc. will post 3.77 earnings per share for the current fiscal year.
Church & Dwight Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 13th will be given a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, November 13th. Church & Dwight's dividend payout ratio (DPR) is currently 37.85%.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. Wells Fargo & Company restated an "overweight" rating and issued a $115.00 price target (up from $105.00) on shares of Church & Dwight in a research report on Monday. Royal Bank Of Canada boosted their price objective on Church & Dwight from $114.00 to $115.00 and gave the company an "outperform" rating in a research report on Monday, August 3rd. Morgan Stanley boosted their price target on shares of Church & Dwight from $112.00 to $117.00 and gave the company an "equal weight" rating in a report on Monday. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Church & Dwight in a report on Wednesday, October 14th. Finally, UBS Group lifted their price objective on Church & Dwight from $106.00 to $112.00 and gave the company a "neutral" rating in a report on Monday. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Church & Dwight has a consensus rating of "Hold" and an average price target of $108.44.
Get Our Latest Stock Report on Church & Dwight
Institutional Trading of Church & Dwight
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Church & Dwight in the second quarter valued at approximately $2,174,535,000. Bank of America Corp DE bought a new stake in shares of Church & Dwight in the 2nd quarter valued at about $223,875,000. Allspring Global Investments Holdings LLC raised its position in shares of Church & Dwight by 51.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company's stock valued at $468,902,000 after acquiring an additional 1,709,090 shares during the period. Legal & General Group Plc acquired a new stake in Church & Dwight in the second quarter worth $153,639,000. Finally, Bank of New York Mellon Corp acquired a new stake in Church & Dwight in the second quarter worth $125,483,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.
Key Church & Dwight News
Here are the key news stories impacting Church & Dwight this week:
- Positive Sentiment: Several analysts raised price targets or expressed optimism: Wells Fargo reiterated an “overweight” rating and raised its target to $115, while Morgan Stanley lifted its target to $117. JPMorgan said the stock could rise, and Citigroup also boosted its target. These revisions add support after the company’s recent quarterly earnings beat and stronger sales outlook. Wells Fargo rating
- Neutral Sentiment: Analyst views remain mixed: Morgan Stanley’s higher target came with an “equal weight” rating, while the broader consensus was reported as “Hold.” This suggests target increases do not necessarily signal strong conviction that shares will keep advancing. Morgan Stanley outlook
- Negative Sentiment: Barclays maintained a “sell”/underweight stance despite raising its price target to $89, a cautious call that points to potential downside from recent levels. Barclays rating
- Negative Sentiment: CEO Richard Dierker sold 83,340 shares for about $9.1 million, reducing his reported ownership by 68.31%. Director Bradley Irwin also sold 4,300 shares, worth about $475,000. Insider sales can weigh on sentiment, though the filings do not give reasons for the transactions. CEO transaction filing Director transaction filing
About Church & Dwight
(
Get Free Report)
Church & Dwight Co, Inc is a consumer packaged goods company that develops, manufactures and markets household, personal care and specialty products. Its portfolio is anchored by the ARM & HAMMER brand, which is used across products such as baking soda, laundry detergent, cat litter, household cleaners, oral care products and personal care items.
The company also markets a broad range of branded products, including OxiClean laundry and cleaning products, Trojan sexual wellness products, Waterpik oral health devices, First Response pregnancy and fertility tests, Nair hair-removal products, Orajel oral pain relief, TheraBreath oral care products, and vitamins and supplements sold under the Vitafusion and L'il Critters brands.
Further Reading
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