The Clorox Company (NYSE:CLX) Receives Consensus Rating of “Reduce” from Brokerages

Shares of The Clorox Company (NYSE:CLX) have been assigned an average recommendation of “Reduce” from the nineteen analysts that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $122.8750.

CLX has been the topic of several analyst reports. Bank of America lowered their price target on shares of Clorox from $135.00 to $125.00 and set a “neutral” rating for the company in a report on Wednesday, October 8th. TD Cowen cut their price target on shares of Clorox from $117.00 to $108.00 and set a “hold” rating on the stock in a report on Thursday. Rothschild & Co Redburn lowered their price objective on shares of Clorox from $120.00 to $115.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. The Goldman Sachs Group dropped their target price on shares of Clorox from $110.00 to $94.00 and set a “sell” rating for the company in a report on Wednesday. Finally, UBS Group set a $119.00 target price on Clorox and gave the stock a “neutral” rating in a research note on Tuesday, November 4th.

Insider Activity at Clorox

In other Clorox news, Director Pierre R. Breber purchased 4,000 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was bought at an average price of $104.13 per share, with a total value of $416,520.00. Following the completion of the purchase, the director directly owned 13,000 shares of the company’s stock, valued at $1,353,690. The trade was a 44.44% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 0.63% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Nomura Asset Management Co. Ltd. grew its stake in Clorox by 9.0% in the second quarter. Nomura Asset Management Co. Ltd. now owns 335,514 shares of the company’s stock worth $40,285,000 after purchasing an additional 27,639 shares during the period. Simplicity Wealth LLC boosted its holdings in shares of Clorox by 157.3% during the 2nd quarter. Simplicity Wealth LLC now owns 18,316 shares of the company’s stock valued at $2,199,000 after buying an additional 11,198 shares in the last quarter. Hudson Bay Capital Management LP bought a new stake in shares of Clorox during the 2nd quarter valued at $8,568,000. Vise Technologies Inc. purchased a new stake in shares of Clorox in the 2nd quarter worth about $328,000. Finally, Brookstone Capital Management increased its stake in shares of Clorox by 1,395.4% in the 3rd quarter. Brookstone Capital Management now owns 94,332 shares of the company’s stock worth $11,631,000 after acquiring an additional 88,024 shares in the last quarter. 78.53% of the stock is currently owned by institutional investors.

Clorox Trading Up 1.9%

NYSE CLX opened at $106.20 on Monday. The firm has a market cap of $12.95 billion, a PE ratio of 16.67, a price-to-earnings-growth ratio of 0.53 and a beta of 0.58. Clorox has a 1-year low of $96.66 and a 1-year high of $164.22. The stock has a 50-day moving average of $103.00 and a 200-day moving average of $115.60. The company has a current ratio of 0.76, a quick ratio of 0.50 and a debt-to-equity ratio of 18.01.

Clorox (NYSE:CLX) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.85 EPS for the quarter, topping 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 business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the previous year, the firm earned $1.86 EPS. The business’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, sell-side analysts forecast that Clorox will post 7.15 EPS for the current year.

Clorox Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Wednesday, January 28th will be given a $1.24 dividend. This represents a $4.96 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Wednesday, January 28th. Clorox’s dividend payout ratio (DPR) is currently 77.86%.

About Clorox

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.