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

Group 1 - Church & Dwight Co., Inc. (NYSE:CHD) is recognized as one of the 14 Best Dividend Aristocrats to invest in heading into 2026 [1] - Citi upgraded Church & Dwight from Sell to Neutral, raising its price target from $85 to $87, citing improved sales outlook for 2026 as year-over-year comparisons become easier [2] - The company completed a strategic review of its vitamins, minerals, and supplements business, announcing the sale of the VitaFusion and L'il Critters brands to Piping Rock Health Products [3] Group 2 - The sale includes the brands, related trademarks and licenses, and manufacturing and distribution facilities in Vancouver and Ridgefield, Washington, with closing expected before year-end, subject to standard conditions [4] - The VMS brands account for less than 5% of expected 2025 net sales, and Church & Dwight anticipates a one-time, after-tax charge of $40 million to $45 million in Q4 2025 [4] - Founded in 1846, Church & Dwight is the leading US producer of sodium bicarbonate and offers a diverse range of personal care, household, and specialty products under well-known brand names [5]