Church & Dwight Co., Inc. (NYSE:CHD) has witnessed a turbulent yet promising series of events. Top
executive Michael Read purchased 2,000 shares of the company, boosting investor confidence.
Westwood Holdings Group Inc., ASR Vermogensbeheer N.V., and Vanguard Group Inc. also increased their stock positions, while other institutions, like
Natixis Advisors LLC and Jensen Investment Management Inc., sold some of their shares. The company's second-quarter financial results, though
below the expected revenue, still beat analyst estimates, prompting a price target of
$101.00 by Evercore ISI. Notably, financial giants, such as
JPMorgan Chase & Co. have issued a pessimistic forecast for Church & Dwight's stock price. Despite financial performance fluctuations, CHD maintained its strength by declaring its
498th regular quarterly dividend. Moreover, the company made a strategic move by acquiring
Touchland Hand-Sanitizer Brand for $700 million. The company's Q2 sales topped estimates, a reflection of their consistent financial performance.
Rep. Jonathan L. Jackson sold his CHD Investment, raising concerns among investors regarding the firm's outlook. Despite setbacks and mixed signals from economists and business insiders, the future shows
potential for long-term investors.
Church Dwight CHD News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Sat, 09 Aug 2025 20:05:51 GMT -
Rating -3
- Innovation -2
- Information 6
- Rumor -5
