The Clorox Company $CLX Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas trimmed its holdings in The Clorox Company (NYSE:CLX) by 92.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,146 shares of the company’s stock after selling 199,088 shares during the period. Teacher Retirement System of Texas’ holdings in Clorox were worth $1,991,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Clorox by 4.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,380 shares of the company’s stock worth $1,970,000 after purchasing an additional 514 shares in the last quarter. Woodline Partners LP lifted its stake in Clorox by 253.7% in the 1st quarter. Woodline Partners LP now owns 10,407 shares of the company’s stock valued at $1,532,000 after buying an additional 7,465 shares in the last quarter. PFG Investments LLC lifted its stake in Clorox by 39.7% in the 2nd quarter. PFG Investments LLC now owns 5,802 shares of the company’s stock valued at $697,000 after buying an additional 1,648 shares in the last quarter. J. Safra Sarasin Holding AG grew its holdings in Clorox by 115.0% during the 2nd quarter. J. Safra Sarasin Holding AG now owns 14,300 shares of the company’s stock valued at $1,717,000 after buying an additional 7,648 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in Clorox by 49.9% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 31,168 shares of the company’s stock worth $3,742,000 after buying an additional 10,369 shares in the last quarter. 78.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on CLX shares. Morgan Stanley reduced their price objective on Clorox from $137.00 to $125.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 4th. Zacks Research raised shares of Clorox from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 26th. Rothschild & Co Redburn decreased their price target on shares of Clorox from $120.00 to $115.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Clorox in a research report on Friday, January 9th. Finally, Wall Street Zen downgraded shares of Clorox from a “hold” rating to a “sell” rating in a research note on Saturday, January 24th. One equities research analyst has rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $120.33.

Clorox Trading Up 2.8%

NYSE CLX opened at $112.76 on Friday. The company has a market cap of $13.75 billion, a P/E ratio of 17.70, a P/E/G ratio of 0.54 and a beta of 0.58. The Clorox Company has a 12 month low of $96.66 and a 12 month high of $161.45. The company has a debt-to-equity ratio of 18.01, a current ratio of 0.76 and a quick ratio of 0.50. The company has a 50-day moving average of $104.87 and a 200-day moving average of $114.33.

Clorox (NYSE:CLX) last released its earnings results on Monday, November 3rd. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.07. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.41 billion. Clorox had a net margin of 11.68% and a return on equity of 358.39%. Clorox’s revenue was down 18.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.86 earnings per share. Clorox has set its FY 2026 guidance at 5.950-6.300 EPS. As a group, equities analysts predict that The Clorox Company will post 7.15 earnings per share for the current year.

Clorox Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Wednesday, January 28th will be issued a dividend of $1.24 per share. This represents a $4.96 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Wednesday, January 28th. Clorox’s dividend payout ratio is presently 77.86%.

Insider Buying and Selling at Clorox

In other news, Director Pierre R. Breber bought 4,000 shares of Clorox stock in a transaction that occurred on Friday, November 21st. The shares were purchased at an average price of $104.13 per share, for a total transaction of $416,520.00. Following the completion of the acquisition, the director owned 13,000 shares of the company’s stock, valued at $1,353,690. The trade was a 44.44% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.63% of the company’s stock.

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.