Edmond DE Rothschild Holding S.A. bought a new stake in The Clorox Company (NYSE:CLX – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 149,792 shares of the company’s stock, valued at approximately $14,296,000. Edmond DE Rothschild Holding S.A. owned 0.12% of Clorox as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Haverford Trust Co raised its position in shares of Clorox by 2.8% in the 4th quarter. Haverford Trust Co now owns 3,070 shares of the company’s stock worth $310,000 after acquiring an additional 84 shares in the last quarter. Field & Main Bank boosted its position in shares of Clorox by 3.3% during the 4th quarter. Field & Main Bank now owns 3,100 shares of the company’s stock valued at $313,000 after purchasing an additional 100 shares in the last quarter. Golden State Wealth Management LLC grew its stake in Clorox by 28.2% during the fourth quarter. Golden State Wealth Management LLC now owns 454 shares of the company’s stock worth $46,000 after purchasing an additional 100 shares during the period. Kestra Private Wealth Services LLC grew its stake in Clorox by 1.8% during the first quarter. Kestra Private Wealth Services LLC now owns 5,957 shares of the company’s stock worth $617,000 after purchasing an additional 104 shares during the period. Finally, Johnson Financial Group Inc. increased its holdings in Clorox by 3.1% in the third quarter. Johnson Financial Group Inc. now owns 3,659 shares of the company’s stock worth $451,000 after purchasing an additional 109 shares in the last quarter. Institutional investors own 78.53% of the company’s stock.
Clorox News Summary
Here are the key news stories impacting Clorox this week:
- Positive Sentiment: Clorox’s dividend remains attractive relative to Church & Dwight’s, offering substantially more current income. However, the company has increased its dividend more cautiously, making the stock more appealing to income-focused investors than to growth-oriented investors. Two Consumer Staples, Two Dividend Strategies
- Neutral Sentiment: Chief Executive Officer Linda Rendle and CFO Luc Bellet will participate in a fireside chat at the Barclays Global Consumer Staples Conference on September 9. The event could provide updates on demand, margins and the company’s outlook, but no new financial guidance was announced. Clorox to Present at Barclays Global Consumer Staples Conference
- Negative Sentiment: Zacks Research lowered its Q1 2027 EPS forecast to $1.02 from $1.28 and cut its FY2027 estimate to $5.82 from $6.00. It also reduced estimates for Q1 and Q2 2028 and FY2028, while maintaining a “Strong Sell” rating. These revisions signal concern about near-term earnings momentum and are the clearest fundamental pressure on CLX. Zacks Research Estimate Changes
- Negative Sentiment: An analyst cited weaker Hidden Valley Ranch dressing sales as consumers become more cautious about buying salad products amid a cyclospora outbreak. Any sustained decline in the brand could weigh on Clorox’s food business and quarterly revenue. Hidden Valley Ranch dressing may be a victim of this summer’s salad scare
Clorox Stock Up 2.4%
Clorox (NYSE:CLX – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.02. Clorox had a return on equity of 522.23% and a net margin of 8.74%.The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same period in the prior year, the firm posted $2.87 EPS. Clorox’s quarterly revenue was down 2.0% compared to the same quarter last year. Clorox has set its FY 2027 guidance at 5.700-6.000 EPS. On average, sell-side analysts forecast that The Clorox Company will post 5.8 earnings per share for the current fiscal year.
Clorox Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Wednesday, August 12th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This is an increase from Clorox’s previous quarterly dividend of $1.24. This represents a $5.00 dividend on an annualized basis and a dividend yield of 4.6%. Clorox’s payout ratio is 103.73%.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on CLX. Deutsche Bank Aktiengesellschaft set a $98.00 price target on Clorox in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Clorox in a research note on Friday, July 10th. Jefferies Financial Group downgraded shares of Clorox from a “buy” rating to a “hold” rating and dropped their target price for the company from $125.00 to $98.00 in a research report on Tuesday, July 28th. Evercore set a $99.00 target price on shares of Clorox in a research note on Tuesday, August 4th. Finally, JPMorgan Chase & Co. raised their price target on shares of Clorox from $92.00 to $95.00 and gave the stock an “underweight” rating in a report on Tuesday, August 4th. Twelve equities research analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, Clorox presently has an average rating of “Reduce” and an average target price of $102.40.
Get Our Latest Stock Analysis on CLX
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.
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