Kanawha Capital Management LLC maintained its stake in Clorox Company (The) (NYSE:CLX) during the second quarter, Holdings Channel reports. The firm owned 3,700 shares of the company’s stock at the end of the second quarter. Kanawha Capital Management LLC’s holdings in Clorox Company (The) were worth $493,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in CLX. Macquarie Group Ltd. boosted its stake in Clorox Company (The) by 6.5% in the fourth quarter. Macquarie Group Ltd. now owns 6,600 shares of the company’s stock valued at $792,000 after buying an additional 400 shares during the period. Gulf International Bank UK Ltd raised its position in shares of Clorox Company (The) by 1.5% in the first quarter. Gulf International Bank UK Ltd now owns 40,336 shares of the company’s stock valued at $5,438,000 after buying an additional 600 shares in the last quarter. Quadrant Capital Group LLC raised its position in shares of Clorox Company (The) by 23.0% in the first quarter. Quadrant Capital Group LLC now owns 846 shares of the company’s stock valued at $106,000 after buying an additional 158 shares in the last quarter. National Pension Service raised its position in shares of Clorox Company (The) by 5.1% in the first quarter. National Pension Service now owns 105,642 shares of the company’s stock valued at $14,292,000 after buying an additional 5,107 shares in the last quarter. Finally, Bank of Montreal Can raised its position in shares of Clorox Company (The) by 55.1% in the first quarter. Bank of Montreal Can now owns 369,031 shares of the company’s stock valued at $49,755,000 after buying an additional 131,122 shares in the last quarter. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Shares of Clorox Company (NYSE CLX) opened at 134.31 on Friday. The firm has a market capitalization of $17.34 billion, a price-to-earnings ratio of 25.18 and a beta of 0.40. Clorox Company has a 12-month low of $111.24 and a 12-month high of $141.76. The firm has a 50-day moving average of $133.58 and a 200 day moving average of $133.56.

Clorox Company (The) (NYSE:CLX) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $1.53 EPS for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.04. Clorox Company (The) had a net margin of 11.74% and a return on equity of 190.67%. The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same period in the prior year, the firm posted $1.30 EPS. The company’s quarterly revenue was up 2.9% on a year-over-year basis. On average, equities research analysts expect that Clorox Company will post $5.67 earnings per share for the current year.

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Several equities analysts recently weighed in on CLX shares. Zacks Investment Research upgraded shares of Clorox Company (The) from a “hold” rating to a “buy” rating and set a $149.00 price objective on the stock in a report on Tuesday, July 4th. Vetr upgraded shares of Clorox Company (The) from a “hold” rating to a “buy” rating and set a $139.67 price objective on the stock in a report on Monday, April 24th. BMO Capital Markets restated a “buy” rating and issued a $136.00 price objective on shares of Clorox Company (The) in a report on Thursday, May 4th. Barclays PLC restated an “equal weight” rating and issued a $136.00 price objective (down from $140.00) on shares of Clorox Company (The) in a report on Friday, August 4th. Finally, Jefferies Group LLC set a $138.00 price objective on shares of Clorox Company (The) and gave the company a “hold” rating in a report on Wednesday, May 3rd. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $129.05.

About Clorox Company (The)

The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors and medical supply distributors. The Company operates through four segments: Cleaning, Household, Lifestyle and International.

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Institutional Ownership by Quarter for Clorox Company (The) (NYSE:CLX)

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