10 Best Soaps and Cleaning Materials Stocks to Invest In

8. Church & Dwight Co., Inc. (NYSE:CHD)

Number of Hedge Fund Holders: 32

Church & Dwight Co. (NYSE:CHD) manufactures, develops, and markets a range of personal care, consumer household, and specialty products focused on cleaners, chemicals, animals, and food production. Its segments include Consumer Domestic, Consumer International, and Specialty Products Division (SPD).

The company’s domestic, international, and specialty products businesses are performing strongly. It experienced a reported sales growth of 3.8% in fiscal Q3 2024, exceeding its outlook of 2.5%. This was attributed to gross margin expansion and stronger than expected sales growth. Church & Dwight Co. (NYSE:CHD) also drove strong consumer demand across its portfolio in fiscal Q3 2024, reflecting the strength of its brands. To continue this growth, the company increased the investment of its brands. It expects to continue this investment into 2025 to drive consumption and share gains.

Its investments also focus on driving future growth through SG&A investments and improved marketing. The company ranks eighth on our list of the 10 best soaps and cleaning materials stocks to invest in.