Clorox (NYSE:CLX) Price Target Lowered to $125.00 at Jefferies Financial Group

Clorox (NYSE:CLX) had its target price trimmed by Jefferies Financial Group from $139.00 to $125.00 in a report published on Monday,MarketScreener reports. The firm currently has a buy rating on the stock.

A number of other equities analysts have also weighed in on the stock. Rothschild & Co Redburn set a $117.00 price objective on shares of Clorox in a research report on Friday, February 13th. JPMorgan Chase & Co. lowered their price objective on shares of Clorox from $99.00 to $95.00 and set an “underweight” rating on the stock in a research report on Friday. BNP Paribas Exane upgraded shares of Clorox from an “underperform” rating to a “neutral” rating in a research report on Wednesday, February 11th. Barclays lowered their price objective on shares of Clorox from $102.00 to $85.00 and set an “underweight” rating on the stock in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $91.00 price objective on shares of Clorox in a research report on Friday. One analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $104.00.

Clorox Stock Performance

CLX stock traded down $0.88 on Monday, hitting $85.60. The company’s stock had a trading volume of 608,540 shares, compared to its average volume of 2,463,475. The firm has a 50 day moving average of $108.21 and a two-hundred day moving average of $108.66. Clorox has a 1 year low of $84.70 and a 1 year high of $138.94. The stock has a market cap of $10.35 billion, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 0.46 and a beta of 0.59. The company has a current ratio of 0.84, a quick ratio of 0.65 and a debt-to-equity ratio of 27.03.

Clorox (NYSE:CLX) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.09. Clorox had a net margin of 11.18% and a return on equity of 443.64%. The firm had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same period last year, the firm posted $1.45 EPS. Clorox’s quarterly revenue was up .1% on a year-over-year basis. Clorox has set its FY 2026 guidance at 5.450-5.650 EPS. Equities analysts predict that Clorox will post 5.56 EPS for the current fiscal year.

Clorox Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Wednesday, April 22nd will be issued a $1.24 dividend. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $4.96 dividend on an annualized basis and a yield of 5.8%. Clorox’s dividend payout ratio (DPR) is 80.52%.

Institutional Investors Weigh In On Clorox

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. lifted its holdings in Clorox by 9.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,402 shares of the company’s stock valued at $145,000 after acquiring an additional 119 shares during the period. MASTERINVEST Kapitalanlage GmbH lifted its holdings in Clorox by 24.8% in the first quarter. MASTERINVEST Kapitalanlage GmbH now owns 6,902 shares of the company’s stock valued at $715,000 after acquiring an additional 1,373 shares during the period. Sanctuary Advisors LLC lifted its holdings in Clorox by 47.8% in the first quarter. Sanctuary Advisors LLC now owns 20,248 shares of the company’s stock valued at $2,098,000 after acquiring an additional 6,553 shares during the period. Sigma Planning Corp lifted its holdings in Clorox by 55.0% in the first quarter. Sigma Planning Corp now owns 29,650 shares of the company’s stock valued at $3,073,000 after acquiring an additional 10,522 shares during the period. Finally, AMG National Trust Bank lifted its holdings in Clorox by 105.7% in the first quarter. AMG National Trust Bank now owns 6,275 shares of the company’s stock valued at $650,000 after acquiring an additional 3,225 shares during the period. Institutional investors and hedge funds own 78.53% of the company’s stock.

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.