Gyroscope Capital Management Group LLC Has $282,000 Stake in Clorox Company (The) (CLX)

Gyroscope Capital Management Group LLC grew its stake in shares of Clorox Company (The) (NYSE:CLX) by 17.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,118 shares of the company’s stock after purchasing an additional 309 shares during the period. Gyroscope Capital Management Group LLC’s holdings in Clorox Company (The) were worth $282,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Jacobi Capital Management LLC lifted its stake in Clorox Company (The) by 0.3% in the 1st quarter. Jacobi Capital Management LLC now owns 1,282 shares of the company’s stock worth $172,000 after acquiring an additional 4 shares in the last quarter. Bridgeworth LLC lifted its stake in Clorox Company (The) by 0.3% in the 1st quarter. Bridgeworth LLC now owns 1,869 shares of the company’s stock worth $252,000 after acquiring an additional 5 shares in the last quarter. Valley National Advisers Inc. lifted its stake in Clorox Company (The) by 0.6% in the 1st quarter. Valley National Advisers Inc. now owns 860 shares of the company’s stock worth $116,000 after acquiring an additional 5 shares in the last quarter. Bernzott Capital Advisors lifted its stake in Clorox Company (The) by 0.4% in the 2nd quarter. Bernzott Capital Advisors now owns 1,607 shares of the company’s stock worth $214,000 after acquiring an additional 7 shares in the last quarter. Finally, Janney Capital Management LLC lifted its stake in Clorox Company (The) by 0.5% in the 2nd quarter. Janney Capital Management LLC now owns 1,611 shares of the company’s stock worth $214,000 after acquiring an additional 8 shares in the last quarter. 71.33% of the stock is owned by institutional investors and hedge funds.

Shares of Clorox Company (CLX) traded up 0.14% on Friday, hitting $129.14. The stock had a trading volume of 1,096,307 shares. The stock has a market capitalization of $16.67 billion, a PE ratio of 24.21 and a beta of 0.39. Clorox Company has a one year low of $111.24 and a one year high of $141.76. The firm’s 50 day moving average is $134.59 and its 200-day moving average is $134.61.

Clorox Company (The) (NYSE:CLX) last released its earnings results on Thursday, August 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the prior year, the company posted $1.30 earnings per share. Clorox Company (The)’s revenue was up 2.9% on a year-over-year basis. Equities research analysts expect that Clorox Company will post $5.66 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, November 13th. Investors of record on Wednesday, October 25th will be issued a dividend of $0.84 per share. The ex-dividend date is Tuesday, October 24th. This represents a $3.36 annualized dividend and a yield of 2.60%. Clorox Company (The)’s payout ratio is presently 63.04%.

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In other Clorox Company (The) news, COO Dawn C. Willoughby sold 2,158 shares of the business’s stock in a transaction that occurred on Tuesday, August 29th. The stock was sold at an average price of $138.00, for a total transaction of $297,804.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP James E. Foster sold 9,861 shares of the business’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $138.51, for a total value of $1,365,847.11. Following the transaction, the executive vice president now directly owns 22,069 shares in the company, valued at approximately $3,056,777.19. The disclosure for this sale can be found here. Insiders have sold 21,242 shares of company stock worth $2,944,449 in the last quarter. 1.00% of the stock is currently owned by corporate insiders.

Several equities research analysts recently issued reports on CLX shares. Royal Bank Of Canada reissued a “hold” rating and issued a $115.00 price objective on shares of Clorox Company (The) in a research note on Friday, June 30th. Zacks Investment Research raised Clorox Company (The) from a “hold” rating to a “buy” rating and set a $149.00 price objective for the company in a research note on Tuesday, July 4th. BidaskClub downgraded Clorox Company (The) from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. Deutsche Bank AG reaffirmed a “hold” rating and set a $137.00 price target (up from $126.00) on shares of Clorox Company (The) in a research note on Saturday, July 22nd. Finally, BMO Capital Markets set a $150.00 price target on Clorox Company (The) and gave the stock a “buy” rating in a research note on Thursday, August 3rd. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. Clorox Company (The) currently has a consensus rating of “Hold” and a consensus target price of $127.39.

Clorox Company (The) 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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