11,575 Shares in The Clorox Company $CLX Purchased by OP Asset Management Ltd

OP Asset Management Ltd purchased a new stake in shares of The Clorox Company (NYSE:CLX) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 11,575 shares of the company’s stock, valued at approximately $1,200,000.

A number of other hedge funds also recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC acquired a new stake in shares of Clorox during the 3rd quarter worth approximately $25,000. Caitlin John LLC raised its stake in shares of Clorox by 1,807.1% in the fourth quarter. Caitlin John LLC now owns 267 shares of the company’s stock valued at $27,000 after purchasing an additional 253 shares in the last quarter. Darwin Wealth Management LLC bought a new position in Clorox in the second quarter worth $29,000. Vision Financial Markets LLC boosted its stake in 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. Finally, SHP Wealth Management acquired a new stake in Clorox during the fourth quarter worth $35,000. Institutional investors own 78.53% of the company’s stock.

Clorox Stock Down 0.5%

Shares of NYSE CLX opened at $97.10 on Tuesday. The Clorox Company has a 52-week low of $84.70 and a 52-week high of $132.03. The company has a debt-to-equity ratio of 27.03, a quick ratio of 0.65 and a current ratio of 0.84. The business has a fifty day moving average of $94.57 and a two-hundred day moving average of $104.42. The stock has a market cap of $11.74 billion, a PE ratio of 15.76, a PEG ratio of 0.51 and a beta of 0.56.

Clorox (NYSE:CLX) last announced its earnings results on Thursday, April 30th. The company reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.09. The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Clorox had a net margin of 11.18% and a return on equity of 443.64%. The firm’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the company posted $1.45 EPS. Clorox has set its FY 2026 guidance at 5.450-5.650 EPS. As a group, equities research analysts expect that The Clorox Company will post 5.61 earnings per share for the current fiscal year.

Insider Activity at Clorox

In other Clorox news, Director Pierre R. Breber purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were acquired at an average cost of $85.82 per share, for a total transaction of $429,100.00. Following the transaction, the director directly owned 18,000 shares in the company, valued at approximately $1,544,760. The trade was a 38.46% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 0.63% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CLX. Weiss Ratings upgraded shares of Clorox from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, April 13th. TD Cowen upped their target price on shares of Clorox from $98.00 to $111.00 and gave the company a “hold” rating in a research note on Tuesday, March 31st. Jefferies Financial Group dropped their price target on shares of Clorox from $139.00 to $125.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Zacks Research cut shares of Clorox from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 12th. Finally, Wells Fargo & Company decreased their price objective on Clorox from $100.00 to $95.00 and set an “equal weight” rating on the stock in a report on Monday, May 18th. One research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, Clorox has an average rating of “Reduce” and a consensus target price of $103.40.

Clorox Company 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.