Mitsubishi UFJ Asset Management Co. Ltd. Has $30.02 Million Position in The Clorox Company $CLX

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in The Clorox Company (NYSE:CLX) by 7.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 297,654 shares of the company’s stock after acquiring an additional 20,886 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Clorox were worth $30,018,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Center for Financial Planning Inc. acquired a new stake in Clorox in the third quarter valued at $25,000. Vermillion & White Wealth Management Group LLC acquired a new stake in shares of Clorox during the 3rd quarter worth about $25,000. Root Financial Partners LLC acquired a new stake in shares of Clorox during the 3rd quarter worth about $29,000. Darwin Wealth Management LLC acquired a new stake in shares of Clorox during the 2nd quarter worth about $29,000. Finally, Vision Financial Markets LLC lifted its stake in shares of Clorox by 166.7% during the 4th quarter. Vision Financial Markets LLC now owns 320 shares of the company’s stock worth $32,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 78.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. TD Cowen raised their target price on shares of Clorox from $98.00 to $111.00 and gave the stock a “hold” rating in a research note on Tuesday, March 31st. Morgan Stanley cut their target price on shares of Clorox from $110.00 to $97.00 and set an “equal weight” rating for the company in a research note on Friday, May 1st. BNP Paribas Exane upgraded shares of Clorox from an “underperform” rating to a “neutral” rating in a research note on Wednesday, February 11th. Rothschild & Co Redburn set a $117.00 target price on shares of Clorox in a research note on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $91.00 target price on shares of Clorox in a research note on Friday, May 1st. One analyst has rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, Clorox presently has an average rating of “Reduce” and a consensus target price of $104.00.

Clorox Price Performance

CLX stock opened at $92.04 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 27.03. The Clorox Company has a 12 month low of $84.70 and a 12 month high of $138.23. The firm has a market cap of $11.13 billion, a P/E ratio of 14.94, a P/E/G ratio of 0.48 and a beta of 0.59. The company’s 50-day moving average price is $106.03 and its two-hundred day moving average price is $108.04.

Clorox (NYSE:CLX) last released its earnings results on Thursday, April 30th. The company reported $1.64 EPS for the quarter, beating the consensus estimate 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 earned $1.45 EPS. The business’s quarterly revenue was up .1% compared to the same quarter last year. Clorox has set its FY 2026 guidance at 5.450-5.650 EPS. On average, analysts anticipate that The Clorox Company will post 5.63 earnings per share for the current fiscal year.

Clorox Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Wednesday, April 22nd were issued a dividend of $1.24 per share. The ex-dividend date of this dividend was Wednesday, April 22nd. This represents a $4.96 annualized dividend and a dividend yield of 5.4%. Clorox’s payout ratio is 80.52%.

Trending Headlines about Clorox

Here are the key news stories impacting Clorox this week:

• Positive Sentiment: Unusual options activity showed strong bullish speculation, with traders buying 14,071 CLX call options on Friday, far above the typical daily volume. This may signal expectations for a rebound.
• Positive Sentiment: Several articles highlighted Clorox as a high-yield dividend stock, noting its roughly 5.7% yield and its potential to become a Dividend King in 2027 if it continues raising payouts.
• Positive Sentiment: A director reportedly bought about $429,100 worth of Clorox shares, which investors often view as a sign of insider confidence.
• Neutral Sentiment: Long-term performance commentary emphasized Clorox’s consistency as a consumer staples company, with steady dividends and resilience over the past decade, but without a clear new catalyst for near-term earnings. If You Had Invested $1,000 in Clorox a Decade Ago: A Prospective Dividend King’s Long-Term Payoff
• Negative Sentiment: Pomerantz LLP said it is investigating claims on behalf of Clorox investors, adding legal uncertainty that could weigh on the stock. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Clorox Company – CLX
• Negative Sentiment: Commentary noted that Clorox has fallen to an 11-year low, reflecting weaker investor confidence despite its dividend yield. Contrarian Take: This High-Yield Dividend Stock Is a Buy in May Despite Falling to an 11-Year Low

Insider Activity

In related news, Director Pierre R. Breber purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were bought at an average cost of $85.82 per share, with a total value of $429,100.00. Following the acquisition, the director owned 18,000 shares of the company’s stock, valued at $1,544,760. This trade represents a 38.46% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.63% of the company’s stock.

Clorox 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.