Groupe la Francaise acquired a new stake in The Clorox Company (NYSE:CLX – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 26,876 shares of the company’s stock, valued at approximately $3,213,000.
A number of other hedge funds also recently made changes to their positions in the business. Horizon Investments LLC increased its holdings in shares of Clorox by 4.4% during the 1st quarter. Horizon Investments LLC now owns 1,768 shares of the company’s stock worth $258,000 after acquiring an additional 75 shares during the last quarter. Hancock Whitney Corp boosted its position in Clorox by 4.3% during the first quarter. Hancock Whitney Corp now owns 2,064 shares of the company’s stock worth $304,000 after purchasing an additional 86 shares during the period. Brown Lisle Cummings Inc. increased its holdings in shares of Clorox by 4.3% in the second quarter. Brown Lisle Cummings Inc. now owns 2,136 shares of the company’s stock valued at $256,000 after purchasing an additional 89 shares during the last quarter. American National Bank & Trust increased its holdings in shares of Clorox by 69.5% in the second quarter. American National Bank & Trust now owns 217 shares of the company’s stock valued at $26,000 after purchasing an additional 89 shares during the last quarter. Finally, Savvy Advisors Inc. raised its position in shares of Clorox by 1.4% in the second quarter. Savvy Advisors Inc. now owns 6,395 shares of the company’s stock valued at $768,000 after purchasing an additional 91 shares during the period. 78.53% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Clorox
In other news, Director Pierre R. Breber bought 4,000 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were purchased at an average cost of $104.13 per share, with a total value of $416,520.00. Following the acquisition, the director directly owned 13,000 shares in the company, valued at $1,353,690. This represents a 44.44% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.63% of the stock is owned by insiders.
Clorox Trading Down 0.7%
Clorox (NYSE:CLX – Get Free Report) last announced its quarterly earnings data on Monday, November 3rd. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.07. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Clorox had a return on equity of 358.39% and a net margin of 11.68%.The company’s quarterly revenue was down 18.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.86 EPS. Clorox has set its FY 2026 guidance at 5.950-6.300 EPS. On average, research analysts predict that The Clorox Company will post 7.15 earnings per share for the current fiscal year.
Clorox Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Wednesday, January 28th will be given a dividend of $1.24 per share. The ex-dividend date of this dividend is Wednesday, January 28th. This represents a $4.96 annualized dividend and a yield of 4.7%. Clorox’s dividend payout ratio is currently 77.86%.
Analyst Ratings Changes
CLX has been the subject of several research analyst reports. Wells Fargo & Company reduced their target price on shares of Clorox from $125.00 to $117.00 and set an “equal weight” rating for the company in a report on Tuesday, November 4th. Barclays reduced their price objective on Clorox from $112.00 to $108.00 and set an “underweight” rating for the company in a report on Tuesday, November 4th. Jefferies Financial Group reiterated a “buy” rating and set a $152.00 target price on shares of Clorox in a research note on Tuesday, November 4th. Bank of America reduced their price target on Clorox from $135.00 to $125.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Finally, UBS Group set a $119.00 price objective on Clorox and gave the company a “neutral” rating in a report on Tuesday, November 4th. One research analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $125.69.
View Our Latest Stock Report on CLX
Clorox Profile
The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States.
Recommended Stories
- Five stocks we like better than Clorox
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- 3 Stocks Poised to Benefit From Google’s AI Breakthough
- How Investors Can Find the Best Cheap Dividend Stocks
- Beyond NVIDIA: 5 Semiconductor Stocks Set to Dominate 2026
- What is the Hang Seng index?
- 3 Stocks You’ll Wish You Bought Before 2026
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.
