Saligram Ravichandra Krishnamurty, a director at Church & Dwight Co Inc (NYSE:CHD), executed a transaction involving 12,960 shares of common stock on June 10, 2026. The sale generated a total value of $1,270,080, with each share transacted at a price of $98.00.
Prior to the sale, Mr. Saligram acquired the identical number of shares, 12,960, through the exercise of stock options. These shares were acquired at an exercise price of $49.62 per share, resulting in a total cost of $643,075. Both the acquisition and the subsequent sale were conducted indirectly through the RAVICHANDRA K SALIGRAM REVOCABLE TRUST.
Church & Dwight has maintained a dividend increase for 21 consecutive years, according to InvestingPro, which offers deeper insights through its comprehensive Pro Research Report available for CHD and 1,400+ US stocks.
In other recent news, Church & Dwight reported strong financial results for the first quarter of 2026, with earnings per share reaching $0.95, surpassing the forecast of $0.93. Revenue also exceeded expectations, coming in at $1.47 billion compared to the anticipated $1.46 billion.
The company completed the acquisition of Miss Mouth’s Messy Eater stain remover brand for approximately $325 million, with Miss Mouth’s reporting net sales of about $80 million and EBITDA of $28 million for the year ending December 31, 2025. UBS raised its price target on Church & Dwight shares to $100, citing strong earnings, while maintaining a Neutral rating. Evercore ISI also increased its price target to $105, highlighting the company’s strong position in the detergent market.
Additionally, Church & Dwight held its annual meeting of stockholders, where all ten nominees were elected to the board of directors, and executive pay was approved. These developments reflect the company’s robust financial performance and strategic growth initiatives.