The Clorox Company $CLX Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lowered its holdings in The Clorox Company (NYSE:CLXFree Report) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,684,000 shares of the company’s stock after selling 54,681 shares during the quarter. Vanguard Group Inc. owned 0.13% of Clorox worth $1,581,418,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Impax Asset Management Group plc raised its stake in shares of Clorox by 47.1% during the 4th quarter. Impax Asset Management Group plc now owns 15,372 shares of the company’s stock worth $1,550,000 after buying an additional 4,919 shares during the last quarter. Field & Main Bank raised its stake in shares of Clorox by 3.3% during the 4th quarter. Field & Main Bank now owns 3,100 shares of the company’s stock worth $313,000 after buying an additional 100 shares during the last quarter. Kerusso Capital Management LLC raised its stake in shares of Clorox by 31.4% during the 4th quarter. Kerusso Capital Management LLC now owns 24,249 shares of the company’s stock worth $2,445,000 after buying an additional 5,800 shares during the last quarter. Davis Capital Management grew its holdings in Clorox by 748.0% in the 4th quarter. Davis Capital Management now owns 2,527 shares of the company’s stock valued at $255,000 after buying an additional 2,229 shares during the period. Finally, Columbia Asset Management grew its holdings in Clorox by 8.7% in the 4th quarter. Columbia Asset Management now owns 10,966 shares of the company’s stock valued at $1,106,000 after buying an additional 881 shares during the period. Institutional investors and hedge funds own 78.53% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on CLX. Weiss Ratings upgraded Clorox from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, April 13th. BNP Paribas Exane upgraded Clorox from an “underperform” rating to a “neutral” rating in a report on Wednesday, February 11th. UBS Group lowered their price target on Clorox from $121.00 to $110.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Citigroup lowered their price target on Clorox from $115.00 to $110.00 and set a “neutral” rating for the company in a report on Wednesday, April 15th. Finally, Rothschild & Co Redburn set a $117.00 price target on Clorox in a report on Friday, February 13th. One analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $111.33.

Check Out Our Latest Report on Clorox

Clorox News Roundup

Here are the key news stories impacting Clorox this week:

Clorox Stock Up 1.8%

NYSE CLX opened at $96.48 on Friday. The stock has a market cap of $11.66 billion, a PE ratio of 15.76, a P/E/G ratio of 0.47 and a beta of 0.65. The Clorox Company has a fifty-two week low of $93.39 and a fifty-two week high of $141.50. The business has a 50 day moving average price of $108.21 and a two-hundred day moving average price of $108.82. The company has a quick ratio of 0.48, a current ratio of 0.74 and a debt-to-equity ratio of 71.03.

Clorox (NYSE:CLXGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.09. The firm had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Clorox had a return on equity of 383.01% and a net margin of 11.17%.Clorox’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.45 EPS. Clorox has set its FY 2026 guidance at 5.450-5.650 EPS. As a group, sell-side analysts predict that The Clorox Company will post 5.87 EPS for the current fiscal year.

Clorox Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Wednesday, April 22nd will be issued a $1.24 dividend. This represents a $4.96 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Wednesday, April 22nd. Clorox’s dividend payout ratio is currently 81.05%.

About Clorox

(Free Report)

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.

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Institutional Ownership by Quarter for Clorox (NYSE:CLX)

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