Citi Upgrades Church & Dwight (CHD) to Neutral as Sales Outlook Improves

Church & Dwight Co., Inc. (NYSE:CHD) is included among the 14 Best Dividend Aristocrats to Invest in Heading into 2026.

Citi Upgrades Church & Dwight (CHD) to Neutral as Sales Outlook Improves

On December 17, Citi moved Church & Dwight Co., Inc. (NYSE:CHD) to Neutral from Sell and raised its price target to $87 from $85. The firm said its Sell view had largely run its course. Citi now sees room for sales growth to improve in 2026 as year-over-year comparisons become easier.

Earlier in the month, on December 9, Church & Dwight Co., Inc. (NYSE:CHD) concluded a strategic review of its vitamins, minerals, and supplements business. The company announced a definitive agreement to sell the VitaFusion and L’il Critters brands to Piping Rock Health Products. The deal includes the two brands, related trademarks and licenses, and manufacturing and distribution facilities in Vancouver and Ridgefield, Washington.

Closing is expected before year-end, subject to standard conditions. The VMS brands account for less than 5% of the expected 2025 net sales. Church & Dwight Co., Inc. (NYSE:CHD) expects a one-time, after-tax charge of $40 million to $45 million in the fourth quarter of 2025. That figure reflects net proceeds, a non-cash impairment, and transition and transaction costs. Perella Weinberg served as financial advisor to Church & Dwight, with Proskauer Rose acting as legal counsel. Piping Rock was advised by Freshfields.

Founded in 1846, Church & Dwight Co., Inc. (NYSE:CHD) is the leading US producer of sodium bicarbonate, widely known as baking soda. The company also sells a broad mix of personal care, household, and specialty products under well-known brand names.

While we acknowledge the potential of CHD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 14 Best Pharma Dividend Stocks to Buy in 2026 and 15 Global Dividend Stocks to Diversify Your Portfolio.

Disclosure: None.

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