In recent news, Church & Dwight Co., Inc. (CHD) has experienced fluctuations and shifts in the ownership and pricing of its shares. Notably, the stock was perceived as undervalued after a share price drop, which compelled Invesco Ltd. to elevate its stake and Argus Research to maintain a Buy recommendation. Incorporating revisions in corporate governance, the board also modified its tenure guidelines. A meaningful turnaround in earnings and an upgraded outlook have given investors a fresh perspective on the company's valuation.
Various investment firms, including Mirabella, Panagora, Korea Investment CORP, HSBC, and others, have altered their holdings in CHD. Meanwhile, Nomura, Norges Bank, and others increased their positions. The company's Q3 earnings challenged bearish growth narratives, outperforming estimates. Despite a price target cut by Argus, there's a positive attitude toward CHD, especially considering its increased M&A focus and the resulting impact on its growth trajectory.
Additionally, Church & Dwight declared the 498th consecutive quarterly dividend, acknowledging its attractiveness for investors who seek dividend growth, but its Q1 sales were slightly below analyst predictions, leading to a price target lowering amid sector challenges.
Church Dwight CHD News Analytics from Thu, 01 May 2025 07:00:00 GMT to Sat, 06 Dec 2025 15:14:10 GMT - Rating 6 - Innovation 2 - Information 7 - Rumor -2
