The Clorox Company (NYSE:CLX) Shares Purchased by SlateStone Wealth LLC

SlateStone Wealth LLC boosted its holdings in shares of The Clorox Company (NYSE:CLX) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,190 shares of the company’s stock after purchasing an additional 175 shares during the period. SlateStone Wealth LLC’s holdings in Clorox were worth $843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CLX. Ilex Capital Partners UK LLP boosted its stake in shares of Clorox by 512.7% in the third quarter. Ilex Capital Partners UK LLP now owns 542,110 shares of the company’s stock worth $88,315,000 after buying an additional 453,624 shares during the last quarter. Amundi lifted its holdings in Clorox by 42.6% in the fourth quarter. Amundi now owns 1,032,283 shares of the company’s stock valued at $165,816,000 after acquiring an additional 308,234 shares during the period. Assenagon Asset Management S.A. boosted its position in Clorox by 302.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 353,367 shares of the company’s stock worth $57,390,000 after purchasing an additional 265,455 shares in the last quarter. State Street Corp grew its stake in shares of Clorox by 3.1% during the 3rd quarter. State Street Corp now owns 8,182,109 shares of the company’s stock worth $1,332,947,000 after purchasing an additional 245,525 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Clorox during the 4th quarter valued at approximately $37,935,000. 78.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CLX has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on shares of Clorox from $171.00 to $173.00 and gave the company a “neutral” rating in a research report on Tuesday, February 4th. DA Davidson dropped their target price on Clorox from $171.00 to $169.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Royal Bank of Canada restated a “sector perform” rating and issued a $150.00 price target on shares of Clorox in a research note on Thursday, January 30th. Barclays increased their price target on Clorox from $130.00 to $140.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 5th. Finally, StockNews.com cut Clorox from a “buy” rating to a “hold” rating in a research report on Sunday, January 5th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Clorox currently has an average rating of “Hold” and a consensus price target of $159.62.

Clorox Trading Up 0.3 %

Shares of CLX opened at $147.32 on Monday. The firm’s fifty day moving average is $154.20 and its two-hundred day moving average is $160.23. The stock has a market cap of $18.15 billion, a PE ratio of 40.25, a price-to-earnings-growth ratio of 2.62 and a beta of 0.45. The company has a quick ratio of 0.60, a current ratio of 0.94 and a debt-to-equity ratio of 20.52. The Clorox Company has a 52-week low of $127.60 and a 52-week high of $171.37.

Clorox (NYSE:CLX) last announced its quarterly earnings data on Monday, February 3rd. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.16. Clorox had a net margin of 6.38% and a return on equity of 316.87%. During the same quarter in the previous year, the firm posted $2.16 earnings per share. Research analysts forecast that The Clorox Company will post 7.15 earnings per share for the current fiscal year.

Clorox Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Wednesday, April 23rd will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $4.88 annualized dividend and a dividend yield of 3.31%. Clorox’s dividend payout ratio is presently 133.33%.

Clorox Profile

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States.