Church & Dwight (CHD) has seen mixed market performance recently, underperforming on some days despite topping buy point and standing out in a tough market. CHD's stock rises, although it still underperforms compared to competitors. The company's Q1 earnings beat estimates, panelling an uprise in organic sales YoY, further establishing CHD as a promising pick in the market. Various entities, including Cary Street Partners Investment Advisory and Envestnet Portfolio Solutions, have procured stock of CHD, while others like Apollon Wealth Management LLC and Principal Financial Group have sold their shares. The Q1 earnings key metrics were satisfying, with strong sales exceeding analyst expectations.
Church & Dwight's branded strength, despite high costs, has driven its shares up by 21.9% YoY. Performance in Q4 earnings also surpassed estimates. The Q3 earnings indicated a rise in net sales by 10%. Most recently, the company has declared its 493rd regular quarterly dividend and has marked a new 52-week high at $109.86. Despite some sales of shares by insiders, CHD remains largely controlled by institutional shareholders, holding 85% company ownership.
Church Dwight CHD News Analytics from Fri, 28 Jul 2023 07:00:00 GMT to Sat, 18 May 2024 17:04:04 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor 0
