DexCom earnings beat by $0.03, revenue topped estimates
Ravichandra Krishnamurty Saligram, a director at Church & Dwight Co. Inc. (NYSE:CHD), recently executed significant stock transactions, as detailed in a Form 4 filing with the SEC. On May 30, 2025, Saligram sold 14,660 shares of the company’s common stock at a price of $99.00 per share, amounting to a total value of approximately $1.45 million.
In a related transaction on the same day, Saligram acquired 14,660 shares through the exercise of stock options at a price of $41.915 per share, with the total value of this acquisition amounting to approximately $614,473. Following these transactions, Saligram holds various shares indirectly through trusts and directly, reflecting a diverse ownership structure. The company has maintained dividend payments for 51 consecutive years, with a current dividend yield of 1.2%. For deeper insights into CHD’s valuation and financial metrics, including 10 additional ProTips, check out the comprehensive analysis available on InvestingPro.
In other recent news, Church & Dwight Co. Inc. announced a definitive agreement to acquire Touchland, a prominent hand sanitizer brand, for an upfront payment of $700 million, with a potential additional $180 million contingent on future sales targets. The acquisition is anticipated to close in the second quarter and is expected to be neutral to the company’s 2025 earnings per share due to associated costs. Analysts from RBC Capital Markets upgraded Church & Dwight’s stock rating to Outperform, citing renewed confidence in the company’s guidance and the strategic acquisition of Touchland. RBC Capital Markets also raised the price target from $100 to $114, reflecting potential growth opportunities.
Goldman Sachs maintained its Buy rating with a $108 price target, expressing optimism about the acquisition’s long-term benefits and Church & Dwight’s ability to navigate current market challenges. TD Cowen retained a Hold rating with a $100 price target, highlighting the acquisition’s alignment with Church & Dwight’s strategy of smaller, additive mergers. Jefferies adjusted its price target to $106 while maintaining a Hold rating, noting the acquisition’s strategic fit with Church & Dwight’s focus on appealing to younger demographics.
The acquisition is expected to enhance Church & Dwight’s product portfolio, particularly in the hygiene sector, and leverage Touchland’s strong market position and consumer loyalty. Despite challenges such as tariffs and a downturn in organic sales growth, analysts believe Church & Dwight is well-positioned to achieve its long-term goals through innovation and strategic acquisitions. The company’s management remains committed to mitigating market challenges and capitalizing on new growth opportunities.
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