Vanguard Personalized Indexing Management LLC raised its position in shares of The Clorox Company (NYSE:CLX – Free Report) by 64.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,732 shares of the company’s stock after acquiring an additional 10,065 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Clorox were worth $3,173,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the business. Total Investment Management Inc. bought a new stake in Clorox during the 2nd quarter valued at approximately $25,000. NewSquare Capital LLC increased its position in Clorox by 567.6% in the 2nd quarter. NewSquare Capital LLC now owns 227 shares of the company’s stock worth $27,000 after buying an additional 193 shares during the period. True Wealth Design LLC lifted its holdings in shares of Clorox by 1,020.0% during the third quarter. True Wealth Design LLC now owns 224 shares of the company’s stock worth $28,000 after buying an additional 204 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of Clorox in the third quarter valued at approximately $29,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Clorox in the second quarter valued at approximately $29,000. 78.53% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the stock. BNP Paribas Exane dropped their target price on shares of Clorox from $103.00 to $101.00 and set an “underperform” rating on the stock in a research report on Friday, January 16th. Jefferies Financial Group restated a “buy” rating and set a $152.00 price objective on shares of Clorox in a report on Tuesday, November 4th. Rothschild & Co Redburn cut their price objective on shares of Clorox from $120.00 to $115.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Clorox in a research note on Friday, January 9th. Finally, Citigroup lowered their price target on Clorox from $120.00 to $109.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $122.19.
Insider Activity
In other news, Director Pierre R. Breber bought 4,000 shares of the stock in a transaction dated Friday, November 21st. The shares were acquired at an average price of $104.13 per share, with a total value of $416,520.00. Following the acquisition, the director owned 13,000 shares in the company, valued at $1,353,690. This trade represents a 44.44% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.63% of the company’s stock.
Clorox Stock Performance
NYSE CLX opened at $108.83 on Thursday. The stock has a market cap of $13.28 billion, a P/E ratio of 17.08, a PEG ratio of 0.56 and a beta of 0.58. The company has a quick ratio of 0.50, a current ratio of 0.76 and a debt-to-equity ratio of 18.01. The Clorox Company has a twelve month low of $96.66 and a twelve month high of $161.45. The company’s 50-day simple moving average is $104.50 and its 200 day simple moving average is $114.46.
Clorox (NYSE:CLX – Get Free Report) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.07. Clorox had a return on equity of 358.39% and a net margin of 11.68%.The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the business earned $1.86 earnings per share. The company’s quarterly revenue was down 18.9% on a year-over-year basis. Clorox has set its FY 2026 guidance at 5.950-6.300 EPS. As a group, research analysts forecast that The Clorox Company will post 7.15 earnings per share for the current fiscal year.
Clorox Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Wednesday, January 28th will be issued a dividend of $1.24 per share. The ex-dividend date of this dividend is Wednesday, January 28th. This represents a $4.96 dividend on an annualized basis and a dividend yield of 4.6%. Clorox’s dividend payout ratio (DPR) is presently 77.86%.
Clorox Company Profile
The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives. Its portfolio spans cleaning and household products, food and beverages, water filtration systems and cat litter, serving both retail and institutional customers. The company’s flagship bleach and disinfecting products are well known in the United States and many international markets, where they help prevent the spread of germs in homes, hospitals, schools and businesses.
Clorox’s diverse brand lineup includes liquid bleach and surface cleaners, eco-friendly cleaning tools, food preservation and preparation items, charcoal grills and briquettes, specialty foods and beverages, pet care products and personal care lines.
Featured Stories
- Five stocks we like better than Clorox
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
Want to see what other hedge funds are holding CLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Clorox Company (NYSE:CLX – Free Report).
Receive News & Ratings for Clorox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clorox and related companies with MarketBeat.com's FREE daily email newsletter.
