ProShare Advisors LLC grew its holdings in The Clorox Company (NYSE:CLX – Free Report) by 5.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,365,808 shares of the company’s stock after buying an additional 68,792 shares during the quarter. ProShare Advisors LLC’s holdings in Clorox were worth $137,714,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Center for Financial Planning Inc. acquired a new position in shares of Clorox in the third quarter worth $25,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of Clorox in the third quarter worth $25,000. Root Financial Partners LLC acquired a new position in shares of Clorox during the third quarter worth about $29,000. Darwin Wealth Management LLC acquired a new position in shares of Clorox during the second quarter worth about $29,000. Finally, Vision Financial Markets LLC grew its position in shares of Clorox by 166.7% during the fourth quarter. Vision Financial Markets LLC now owns 320 shares of the company’s stock worth $32,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 78.53% of the company’s stock.
Clorox Stock Performance
Shares of CLX opened at $92.54 on Wednesday. The stock has a 50 day moving average price of $101.13 and a 200 day moving average price of $106.62. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 27.03. The company has a market capitalization of $11.19 billion, a price-to-earnings ratio of 15.02, a price-to-earnings-growth ratio of 0.48 and a beta of 0.59. The Clorox Company has a 52-week low of $84.70 and a 52-week high of $136.69.
Clorox Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Wednesday, April 22nd were paid a $1.24 dividend. This represents a $4.96 annualized dividend and a yield of 5.4%. The ex-dividend date was Wednesday, April 22nd. Clorox’s dividend payout ratio is currently 80.52%.
Insider Transactions at Clorox
In related news, Director Pierre R. Breber acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was bought at an average price of $85.82 per share, for a total transaction of $429,100.00. Following the completion of the purchase, the director directly owned 18,000 shares of the company’s stock, valued at approximately $1,544,760. The trade was a 38.46% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.63% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on CLX shares. BNP Paribas Exane lowered their price objective on Clorox from $128.00 to $97.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. Wells Fargo & Company lowered their price objective on Clorox from $100.00 to $95.00 and set an “equal weight” rating for the company in a research report on Monday. Wall Street Zen raised Clorox from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $91.00 target price on shares of Clorox in a research note on Friday, May 1st. Finally, UBS Group lowered their target price on shares of Clorox from $110.00 to $96.00 and set a “neutral” rating for the company in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, Clorox presently has an average rating of “Reduce” and a consensus target price of $103.40.
Check Out Our Latest Report on Clorox
Clorox News Roundup
Here are the key news stories impacting Clorox this week:
- Positive Sentiment: Clorox was highlighted as outperforming other household-products stocks on a strong trading day, suggesting relative resilience in the group. Clorox Co. stock outperforms competitors on strong trading day
- Neutral Sentiment: Wells Fargo cut its price target on Clorox to $95 from $100 but kept an “equal weight” rating, implying only limited upside from current levels. Clorox (NYSE:CLX) Price Target Cut to $95.00 by Analysts at Wells Fargo & Company
- Negative Sentiment: Zacks Research lowered multiple forward earnings estimates for Clorox, including FY2026, FY2027, and FY2028, while maintaining a “Strong Sell” rating, signaling expectations for weaker profitability ahead.
- Negative Sentiment: Pomerantz LLP said it is investigating claims on behalf of Clorox investors, adding a legal overhang that can weigh on sentiment. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Clorox Company – CLX
Clorox Profile
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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Want to see what other hedge funds are holding CLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Clorox Company (NYSE:CLX – Free Report).
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