Church & Dwight Co., Inc. (CHD) remains a focus of interest for institutional shareholders who own 88% of the company. Numerous financial institutions, including Envestnet Portfolio Solutions Inc., Norden Group LLC, and Mutual of America Capital Management LLC have significant holdings in the company. Meanwhile, other institutions such as Swiss National Bank and Private Advisor Group LLC sold their shares.
While the CHD stock has underperformed compared to competitors on some days, the company benefits from robust branding and pricing. Despite cost challenges, Church & Dwight thrives due to brand strength and has exceeded analyst expectations with strong sales. On the other hand, high costs have led warnings of potential overvaluation.
The company had plans to present at multiple global consumer conferences. On governance matters, Church & Dwight appointed a new independent director, while certain directors sold off part of their holdings. The company reported strong 2023 results with notable sales and EPS growth. Yet, certain risks have been highlighted, impacting the stock.
The company also faced a challenge upon issuing a recall of a product due to yeast contamination concerns.
Church Dwight CHD News Analytics from Tue, 11 Oct 2022 07:00:00 GMT to Sun, 14 Jul 2024 18:41:57 GMT - Rating 5 - Innovation 2 - Information 6 - Rumor -2