Vest Financial LLC Acquires 33,267 Shares of The Clorox Company $CLX

Vest Financial LLC increased its holdings in shares of The Clorox Company (NYSE:CLX) by 8.7% during the third quarter, Holdings Channel.com reports. The fund owned 417,229 shares of the company’s stock after purchasing an additional 33,267 shares during the quarter. Vest Financial LLC’s holdings in Clorox were worth $51,444,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Joel Isaacson & Co. LLC bought a new position in shares of Clorox during the third quarter worth approximately $213,000. Sage Mountain Advisors LLC bought a new stake in shares of Clorox in the third quarter valued at approximately $364,000. Platform Technology Partners grew its position in Clorox by 16.8% during the third quarter. Platform Technology Partners now owns 9,695 shares of the company’s stock worth $1,195,000 after buying an additional 1,393 shares in the last quarter. Inscription Capital LLC bought a new position in Clorox during the 3rd quarter worth $265,000. Finally, Root Financial Partners LLC acquired a new position in Clorox in the 3rd quarter valued at $29,000. Institutional investors and hedge funds own 78.53% of the company’s stock.

Insiders Place Their Bets

In other news, Director Pierre R. Breber acquired 4,000 shares of Clorox stock in a transaction on Friday, November 21st. The stock was acquired at an average cost of $104.13 per share, with a total value of $416,520.00. Following the transaction, the director owned 13,000 shares of the company’s stock, valued at approximately $1,353,690. This trade represents a 44.44% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.63% of the company’s stock.

Analyst Upgrades and Downgrades

CLX has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reduced their target price on Clorox from $128.00 to $121.00 and set a “hold” rating on the stock in a report on Tuesday, November 4th. TD Cowen reduced their price target on Clorox from $117.00 to $108.00 and set a “hold” rating on the stock in a research report on Thursday, January 8th. Cowen reissued a “hold” rating on shares of Clorox in a research report on Thursday, January 8th. Bank of America dropped their target price on shares of Clorox from $135.00 to $125.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Clorox in a research report on Friday, January 9th. One investment analyst has rated the stock with a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $122.19.

Clorox Stock Down 0.4%

CLX stock opened at $109.41 on Wednesday. The firm has a market capitalization of $13.35 billion, a PE ratio of 17.16, a P/E/G ratio of 0.55 and a beta of 0.58. The company has a quick ratio of 0.50, a current ratio of 0.76 and a debt-to-equity ratio of 18.01. The Clorox Company has a twelve month low of $96.66 and a twelve month high of $164.22. The stock’s 50 day moving average is $103.33 and its 200-day moving average is $114.99.

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

Clorox Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Wednesday, January 28th will be given a dividend of $1.24 per share. This represents a $4.96 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, January 28th. Clorox’s dividend payout ratio (DPR) is presently 77.86%.

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.