The Clorox Company $CLX Shares Sold by Strs Ohio

Strs Ohio reduced its position in shares of The Clorox Company (NYSE:CLX) by 81.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,947 shares of the company’s stock after selling 12,988 shares during the period. Strs Ohio’s holdings in Clorox were worth $363,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Clorox by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 15,845,496 shares of the company’s stock worth $1,902,569,000 after buying an additional 272,420 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Clorox by 138.3% in the second quarter. Invesco Ltd. now owns 3,245,175 shares of the company’s stock worth $389,648,000 after acquiring an additional 1,883,465 shares in the last quarter. Norges Bank purchased a new position in Clorox in the second quarter valued at about $190,429,000. Arrowstreet Capital Limited Partnership grew its stake in Clorox by 218.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,249,127 shares of the company’s stock valued at $149,983,000 after purchasing an additional 856,873 shares in the last quarter. Finally, ProShare Advisors LLC grew its stake in Clorox by 7.0% during the 2nd quarter. ProShare Advisors LLC now owns 1,160,881 shares of the company’s stock valued at $139,387,000 after purchasing an additional 75,514 shares in the last quarter. 78.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CLX shares. Deutsche Bank Aktiengesellschaft upped their target price on Clorox from $110.00 to $114.00 and gave the company a “hold” rating in a research report on Friday, January 23rd. Zacks Research raised shares of Clorox from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 26th. Jefferies Financial Group reiterated a “buy” rating and set a $152.00 price objective on shares of Clorox in a research note on Tuesday, November 4th. Bank of America decreased their price objective 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. Finally, Barclays restated an “underweight” rating and issued a $109.00 target price on shares of Clorox in a research note on Friday, January 16th. One equities research 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 data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $120.33.

Clorox Stock Up 2.8%

CLX stock opened at $112.76 on Friday. The firm has a market cap of $13.75 billion, a price-to-earnings ratio of 17.70, a PEG ratio of 0.54 and a beta of 0.58. The Clorox Company has a 1-year low of $96.66 and a 1-year high of $161.45. The firm has a fifty day moving average price of $104.87 and a two-hundred day moving average price of $114.26. The company has a debt-to-equity ratio of 18.01, a current ratio of 0.76 and a quick ratio of 0.50.

Clorox (NYSE:CLX) last posted its quarterly earnings results on Monday, November 3rd. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.78 by $0.07. Clorox had a net margin of 11.68% and a return on equity of 358.39%. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period in the previous year, the business posted $1.86 EPS. 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. Research analysts predict that The Clorox Company will post 7.15 EPS for the current year.

Clorox Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders 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 annualized dividend and a dividend yield of 4.4%. Clorox’s dividend payout ratio is 77.86%.

Insider Buying and Selling at Clorox

In related news, Director Pierre R. Breber purchased 4,000 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were acquired at an average cost of $104.13 per share, for a total transaction of $416,520.00. Following the transaction, the director owned 13,000 shares of the company’s stock, valued at $1,353,690. This trade represents a 44.44% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.63% of the company’s stock.

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.