Kornitzer Capital Management Inc. KS Sells 10,319 Shares of The Clorox Company $CLX

Kornitzer Capital Management Inc. KS lessened its holdings in shares of The Clorox Company (NYSE:CLX) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 195,813 shares of the company’s stock after selling 10,319 shares during the quarter. Kornitzer Capital Management Inc. KS owned about 0.16% of Clorox worth $19,744,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. ProShare Advisors LLC grew its stake in shares of Clorox by 11.7% in the 3rd quarter. ProShare Advisors LLC now owns 1,297,016 shares of the company’s stock worth $159,922,000 after buying an additional 136,135 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Clorox by 64.2% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 25,732 shares of the company’s stock worth $3,173,000 after purchasing an additional 10,065 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Clorox by 27.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 928,654 shares of the company’s stock worth $114,506,000 after purchasing an additional 197,330 shares during the period. Eliot Finkel Investment Counsel LLC purchased a new position in shares of Clorox during the 3rd quarter worth about $1,697,000. Finally, Occidental Asset Management LLC purchased a new position in shares of Clorox during the 3rd quarter worth about $2,115,000. Institutional investors own 78.53% of the company’s stock.

Clorox Trading Down 9.7%

Shares of CLX opened at $87.08 on Friday. The Clorox Company has a 1-year low of $86.00 and a 1-year high of $140.24. The company has a 50-day moving average of $108.21 and a 200 day moving average of $108.82. The firm has a market capitalization of $10.53 billion, a price-to-earnings ratio of 14.23, a PEG ratio of 0.48 and a beta of 0.65. The company has a debt-to-equity ratio of 71.03, a current ratio of 0.74 and a quick ratio of 0.48.

Clorox (NYSE:CLX) last announced its quarterly earnings data on Thursday, April 30th. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.09. Clorox had a net margin of 11.18% and a return on equity of 379.46%. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same quarter last year, the business posted $1.45 EPS. The firm’s revenue for the quarter was up .1% on a year-over-year basis. Clorox has set its FY 2026 guidance at 5.450-5.650 EPS. On average, research analysts expect that The Clorox Company will post 5.87 EPS for the current year.

Clorox Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Wednesday, April 22nd will be issued a $1.24 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $4.96 annualized dividend and a dividend yield of 5.7%. Clorox’s payout ratio is currently 81.05%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on CLX shares. TD Cowen lifted their price target on shares of Clorox from $98.00 to $111.00 and gave the stock a “hold” rating in a research note on Tuesday, March 31st. Weiss Ratings raised shares of Clorox from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, April 13th. Morgan Stanley dropped their price target on shares of Clorox from $110.00 to $97.00 and set an “equal weight” rating for the company in a research note on Friday. Royal Bank Of Canada dropped their price target on shares of Clorox from $132.00 to $127.00 and set a “sector perform” rating for the company in a research note on Thursday, April 9th. Finally, Rothschild & Co Redburn set a $117.00 price target on shares of Clorox in a research note on Friday, February 13th. One research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $104.93.

Trending Headlines about Clorox

Here are the key news stories impacting Clorox this week:

• Positive Sentiment: Q3 results beat on the bottom line as cost cuts and lower spending lifted non‑GAAP EPS to $1.64, above estimates, showing operational leverage despite flat sales. Read More.
• Positive Sentiment: Management is emphasizing innovation and strategic moves to drive future growth — a narrative investors may watch if execution improves. Read More.
• Neutral Sentiment: The company provided Q3 filings, an earnings call transcript and a formal press release; these sources contain details on segment trends and cost actions for modeling. Read More. • Read More.
• Negative Sentiment: Clorox trimmed FY‑2026 guidance (EPS and sales), citing weaker demand and market‑share headwinds — management’s guidance was well below consensus, which is the main catalyst for the selloff. Read More.
• Negative Sentiment: Several large brokers cut price targets and shifted to neutral/underweight after the update (Morgan Stanley, Citi, JPMorgan, Wells Fargo), increasing short‑term selling pressure. Read More. • Read More.
• Negative Sentiment: A shareholder law firm announced an investigation into possible securities‑fraud claims related to Clorox’s statements, adding regulatory/legal risk that can weigh on sentiment. Read More.
• Negative Sentiment: Shares hit new 52‑week lows and traded at much higher volumes, signaling broad repositioning by investors and momentum that could continue until clarity on sales/margin recovery arrives. Read More.

About Clorox

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.