Stewart & Patten Co. LLC maintained its position in Clorox Company (The) (NYSE:CLX) during the second quarter, Holdings Channel reports. The firm owned 40,507 shares of the company’s stock at the end of the second quarter. Stewart & Patten Co. LLC’s holdings in Clorox Company (The) were worth $5,398,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. American Beacon Advisors Inc. bought a new position in Clorox Company (The) during the first quarter valued at approximately $104,000. Quadrant Capital Group LLC raised its position in 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. Parkside Financial Bank & Trust raised its position in Clorox Company (The) by 3.8% in the second quarter. Parkside Financial Bank & Trust now owns 796 shares of the company’s stock valued at $107,000 after buying an additional 29 shares in the last quarter. Valley National Advisers Inc. raised its position in Clorox Company (The) by 0.6% in the first quarter. Valley National Advisers Inc. now owns 860 shares of the company’s stock valued at $116,000 after buying an additional 5 shares in the last quarter. Finally, Blue Chip Partners Inc. raised its position in Clorox Company (The) by 0.7% in the first quarter. Blue Chip Partners Inc. now owns 906 shares of the company’s stock valued at $122,000 after buying an additional 6 shares in the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

Shares of Clorox Company (NYSE:CLX) opened at 133.94 on Friday. The company has a 50-day moving average of $133.72 and a 200 day moving average of $133.47. Clorox Company has a one year low of $111.24 and a one year high of $141.76. The stock has a market capitalization of $17.29 billion, a price-to-earnings ratio of 25.11 and a beta of 0.40.

Clorox Company (The) (NYSE:CLX) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.04. Clorox Company (The) had a return on equity of 190.67% and a net margin of 11.74%. The firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same period last year, the company earned $1.30 EPS. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. Equities research analysts forecast that Clorox Company will post $5.68 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Stewart & Patten Co. LLC Has $5,398,000 Stake in Clorox Company (The) (CLX)” was reported by Watch List News and is the property of of Watch List News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.watchlistnews.com/stewart-patten-co-llc-has-5398000-stake-in-clorox-company-the-clx/1472458.html.

CLX has been the topic of several analyst reports. Zacks Investment Research upgraded Clorox Company (The) from a “hold” rating to a “buy” rating and set a $149.00 price target on the stock in a report on Tuesday, July 4th. Vetr upgraded Clorox Company (The) from a “hold” rating to a “buy” rating and set a $139.67 price target on the stock in a report on Monday, April 24th. BMO Capital Markets reiterated a “buy” rating and set a $136.00 price target on shares of Clorox Company (The) in a report on Thursday, May 4th. Barclays PLC reiterated an “equal weight” rating and set a $136.00 price target (down previously 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 target on Clorox Company (The) and gave the stock a “hold” rating in a report on Wednesday, May 3rd. 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 stock. The stock has an average rating of “Hold” and an average 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.

Want to see what other hedge funds are holding CLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Clorox Company (The) (NYSE:CLX).

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

Receive News & Ratings for Clorox Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clorox Company (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.