Rene Hemsey, Executive Vice President and Chief Human Resources Officer of Church & Dwight Co. Inc. (NASDAQ: CHD), sold 5,000 shares of common stock for a total of $511,275 on August 25, 2026. The transaction occurred at a price of $102.255 per share, according to regulatory filings.
The sale followed the same-day exercise of 5,000 stock options acquired at an exercise price of $47.00 per share, resulting in a total acquisition cost of $235,000. The options, granted on October 3, 2019, became exercisable on that date and were set to expire on October 3, 2026.
After the transaction, Hemsey held 8,086.063 direct shares of Church & Dwight, along with additional direct holdings of 427, 459, and 531 shares. Indirect holdings included 4,926.2621 shares held through a Savings and Profit Sharing plan.
Church & Dwight reported adjusted earnings per share of $0.89 for Q2 2026, meeting Wall Street expectations, while revenue reached $1.53 billion, surpassing the $1.50 billion forecast. Organic sales growth accelerated to 5.8%, exceeding the initial 3% outlook and prompting an upward revision to full-year guidance for sales, earnings, and cash flow.
Analysts responded to the results by adjusting price targets. Jefferies raised its target to $115 from a prior level, maintaining a Buy rating and citing the company’s full-year guidance of 4% to 5% organic growth and 6% to 8% EPS growth. TD Cowen increased its target to $97 from $95, noting that Q2 organic sales growth exceeded consensus expectations.
Broader sector data from Goldman Sachs indicated that consumer staples sales growth had slowed to nearly flat levels in recent weeks, led by declines in Pet Care and Health & Beauty Care. Morgan Stanley, however, observed slight increases in pet food and cat litter sales over the prior four weeks, with some brands gaining market share.
