Advisor Group Inc. lifted its holdings in Clorox Company (The) (NYSE:CLX) by 11.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,561 shares of the company’s stock after purchasing an additional 3,938 shares during the quarter. Advisor Group Inc.’s holdings in Clorox Company (The) were worth $5,087,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. American Beacon Advisors Inc. bought a new stake in shares of Clorox Company (The) in the first quarter worth $104,000. Parkside Financial Bank & Trust lifted its position in shares of Clorox Company (The) by 3.8% in the second quarter. Parkside Financial Bank & Trust now owns 796 shares of the company’s stock worth $107,000 after purchasing an additional 29 shares in the last quarter. Valley National Advisers Inc. lifted its position in shares of Clorox Company (The) by 0.6% in the second quarter. Valley National Advisers Inc. now owns 865 shares of the company’s stock worth $115,000 after purchasing an additional 5 shares in the last quarter. Blue Chip Partners Inc. lifted its position in shares of Clorox Company (The) by 3.9% in the second quarter. Blue Chip Partners Inc. now owns 941 shares of the company’s stock worth $125,000 after purchasing an additional 35 shares in the last quarter. Finally, Sun Life Financial INC lifted its position in shares of Clorox Company (The) by 10,344.4% in the second quarter. Sun Life Financial INC now owns 940 shares of the company’s stock worth $125,000 after purchasing an additional 931 shares in the last quarter. 71.58% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently commented on CLX shares. BMO Capital Markets reissued a “buy” rating and issued a $150.00 price objective on shares of Clorox Company (The) in a research report on Thursday, October 5th. Barclays PLC restated an “equal weight” rating and set a $136.00 target price (down from $140.00) on shares of Clorox Company (The) in a report on Friday, August 4th. Morgan Stanley decreased their price objective on shares of Clorox Company (The) from $138.00 to $128.00 and set an “equal weight” rating on the stock in a report on Thursday, November 2nd. Royal Bank Of Canada reiterated a “hold” rating and issued a $115.00 price objective on shares of Clorox Company (The) in a report on Sunday, October 8th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $132.00 price objective (down from $137.00) on shares of Clorox Company (The) in a report on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $128.72.

Shares of Clorox Company (NYSE CLX) traded up $3.03 during trading on Tuesday, hitting $135.08. 1,145,500 shares of the stock were exchanged, compared to its average volume of 817,432. The company has a market capitalization of $17,026.34, a PE ratio of 23.79, a PEG ratio of 3.60 and a beta of 0.39. Clorox Company has a 52 week low of $112.15 and a 52 week high of $141.76. The company has a debt-to-equity ratio of 3.02, a quick ratio of 0.77 and a current ratio of 1.10.

Clorox Company (The) (NYSE:CLX) last announced its earnings results on Wednesday, November 1st. The company reported $1.46 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.41 by $0.05. The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Clorox Company (The) had a net margin of 11.84% and a return on equity of 161.59%. Clorox Company (The)’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.36 earnings per share. equities analysts anticipate that Clorox Company will post 5.58 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, November 13th. Stockholders of record on Wednesday, October 25th were given a $0.84 dividend. The ex-dividend date was Tuesday, October 24th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.49%. Clorox Company (The)’s payout ratio is presently 61.88%.

In other news, SVP Jon M. Balousek sold 9,223 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $138.87, for a total value of $1,280,798.01. Following the completion of the sale, the senior vice president now owns 20,614 shares of the company’s stock, valued at $2,862,666.18. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Matthew T. Laszlo sold 20,051 shares of the business’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $130.46, for a total transaction of $2,615,853.46. Following the completion of the sale, the senior vice president now directly owns 10,896 shares of the company’s stock, valued at approximately $1,421,492.16. The disclosure for this sale can be found here. In the last three months, insiders sold 41,293 shares of company stock valued at $5,560,303. 1.00% of the stock is currently owned by company insiders.

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Clorox Company (The) Company Profile

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.

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

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