Church & Dwight director Irwin sells $474,548 in stock
Church & Dwight Company director Bradley C. Irwin recently sold a substantial amount of the company's common stock, amounting to $474,548, as per a recent Securities and Exchange Commission filing. The transaction took place on November 2, 2026, where Irwin divested 4,300 shares at a price of $110.36 per share. The stock was trading near its 52-week high of $111.23 at the time, having increased nearly 33% year-to-date.
Despite this, InvestingPro analysis suggests the stock is overvalued, trading at a P/E ratio of 33.62. Before the sale, Irwin had purchased 4,300 shares through the exercise of stock options at a cost of $77.33 per share, totaling $332,519. The options were exercisable until June 17, 2029. Post these transactions, Irwin holds 35,673.9768 shares of Church & Dwight common stock directly.
Meanwhile, Church & Dwight reported impressive third-quarter 2026 results, exceeding expectations with adjusted earnings of $0.92 per share and revenue of $1.6 billion, surpassing the anticipated $1.58 billion. This growth was attributed to robust sales and expanding margins across its household and personal care brands. Following the positive results, TD Cowen raised its price target for Church & Dwight to $115 and maintained a Hold rating, while Wells Fargo increased its price target to $115, moving from $105, and adjusted its 2026 earnings per share estimate to $3.77.
These developments underscore the company's strong performance and its potential to overcome market challenges.
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