Edmond DE Rothschild Holding S.A. Purchases New Holdings in The Clorox Company $CLX

Edmond DE Rothschild Holding S.A. purchased a new position in shares of The Clorox Company (NYSE:CLXFree Report) during the second quarter, Holdings Channel reports. The institutional investor purchased 149,792 shares of the company’s stock, valued at approximately $14,296,000.

Several other hedge funds and other institutional investors have also bought and sold shares of CLX. NewEdge Wealth LLC purchased a new stake in shares of Clorox during the 2nd quarter valued at $676,000. Danske Bank A S purchased a new position in shares of Clorox in the 2nd quarter worth about $4,312,000. Oxbow Advisors LLC bought a new position in Clorox during the second quarter valued at about $304,000. Wealthfront Advisers LLC bought a new position in Clorox during the second quarter valued at about $394,000. Finally, First National Bank of Omaha purchased a new stake in Clorox during the second quarter worth about $324,000. Hedge funds and other 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%

Shares of NYSE CLX opened at $108.12 on Thursday. The company has a quick ratio of 0.38, a current ratio of 0.66 and a debt-to-equity ratio of 15.80. The company has a market cap of $13.07 billion, a P/E ratio of 22.43, a P/E/G ratio of 3.16 and a beta of 0.54. The Clorox Company has a 52 week low of $84.70 and a 52 week high of $128.90. The business has a 50-day simple moving average of $98.62 and a two-hundred day simple moving average of $103.16.

Clorox (NYSE:CLXGet Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.02. Clorox had a return on equity of 522.23% and a net margin of 8.74%.The firm had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same period in the prior year, the business posted $2.87 earnings per share. The company’s revenue was down 2.0% on a year-over-year basis. Clorox has set its FY 2027 guidance at 5.700-6.000 EPS. Research analysts anticipate that The Clorox Company will post 5.8 earnings per share for the current fiscal year.

Clorox Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Wednesday, August 12th will be issued a dividend of $1.25 per share. This is a boost from Clorox’s previous quarterly dividend of $1.24. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $5.00 dividend on an annualized basis and a yield of 4.6%. Clorox’s payout ratio is currently 103.73%.

Wall Street Analysts Forecast Growth

Several analysts have commented on CLX shares. Wall Street Zen lowered shares of Clorox from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. The Goldman Sachs Group reiterated a “sell” rating and issued a $83.00 price objective on shares of Clorox in a research note on Friday, May 1st. Weiss Ratings reissued a “hold (c-)” rating on shares of Clorox in a report on Friday, July 10th. JPMorgan Chase & Co. raised their target price on Clorox from $92.00 to $95.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 4th. Finally, Wells Fargo & Company boosted their target price on Clorox from $95.00 to $102.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 4th. Twelve investment analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, Clorox presently has a consensus rating of “Reduce” and a consensus target price of $102.40.

Get Our Latest Analysis on Clorox

About Clorox

(Free Report)

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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Institutional Ownership by Quarter for Clorox (NYSE:CLX)

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