Church & Dwight EVP Michael Read buys $276,221 in stock

Published 05/09/2025, 11:14 PM
Church & Dwight EVP Michael Read buys $276,221 in stock

Michael Read, Executive Vice President of International at Church & Dwight Co. Inc. (NYSE:CHD), recently acquired 3,000 shares of the company’s common stock. The purchase, made on May 9, 2025, was executed at an average price of $92.07 per share, totaling approximately $276,221.

Following this transaction, Read’s direct ownership in the company increased to 5,505 shares. This move is part of a broader pattern of transactions by company insiders, which investors often watch closely for insights into the company’s future prospects.

In other recent news, Church & Dwight Co. Inc. reported its first-quarter 2025 earnings, revealing a slight earnings per share (EPS) beat but a notable revenue miss. The company posted an adjusted EPS of $0.91, slightly above the forecast of $0.90, while revenue reached $1.47 billion, falling short of the anticipated $1.51 billion. This revenue shortfall has been a concern, contributing to a cautious full-year guidance with an expected organic sales growth of 0% to 2%. Following these results, several analysts adjusted their outlook on the company. TD Cowen downgraded Church & Dwight’s stock from Buy to Hold, reducing the price target from $117.00 to $100.00, citing a slowdown in business growth and concerns over the company’s valuation. UBS also lowered its price target to $102.00 from $110.00, maintaining a Neutral rating, while highlighting the challenges posed by tariffs and slower category growth. Jefferies echoed similar sentiments, adjusting their price target to $100.00 from $108.00 and maintaining a Hold rating, noting the company’s challenging outlook for 2025 and the pressures from tariff headwinds and softening consumer demand. These developments reflect a broader concern among analysts regarding the company’s growth prospects amidst a challenging economic environment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.