Clorox Company (The) (CLX) Shares Bought by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. lifted its stake in shares of Clorox Company (The) (NYSE:CLX) by 0.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 28,779 shares of the company’s stock after acquiring an additional 127 shares during the period. Bahl & Gaynor Inc.’s holdings in Clorox Company (The) were worth $3,454,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. KCM Investment Advisors LLC lifted its holdings in shares of Clorox Company (The) by 1.6% during the 2nd quarter. KCM Investment Advisors LLC now owns 110,702 shares of the company’s stock worth $14,750,000 after acquiring an additional 1,755 shares during the last quarter. Norinchukin Bank The lifted its holdings in shares of Clorox Company (The) by 7.2% during the 2nd quarter. Norinchukin Bank The now owns 8,939 shares of the company’s stock worth $1,191,000 after acquiring an additional 604 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Clorox Company (The) by 24.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,341,272 shares of the company’s stock worth $178,433,000 after acquiring an additional 265,200 shares during the last quarter. CWA Asset Management Group LLC lifted its holdings in shares of Clorox Company (The) by 11.3% during the 2nd quarter. CWA Asset Management Group LLC now owns 22,984 shares of the company’s stock worth $3,062,000 after acquiring an additional 2,337 shares during the last quarter. Finally, WBI Investments Inc. bought a new stake in shares of Clorox Company (The) during the 2nd quarter worth $649,000. 71.28% of the stock is owned by institutional investors.

In other Clorox Company (The) news, COO Dawn C. Willoughby sold 2,158 shares of Clorox Company (The) stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $138.00, for a total transaction of $297,804.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jon M. Balousek sold 9,223 shares of Clorox Company (The) stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $138.87, for a total transaction of $1,280,798.01. Following the sale, the senior vice president now owns 20,614 shares of the company’s stock, valued at $2,862,666.18. The disclosure for this sale can be found here. Insiders sold a total of 21,242 shares of company stock valued at $2,944,449 over the last quarter. 0.74% of the stock is owned by company insiders.

Clorox Company (NYSE CLX) traded up 0.23% during midday trading on Friday, reaching $135.05. 245,049 shares of the company traded hands. Clorox Company has a one year low of $111.24 and a one year high of $141.76. The company has a 50 day moving average price of $135.86 and a 200-day moving average price of $135.24. The stock has a market capitalization of $17.43 billion, a P/E ratio of 25.31 and a beta of 0.40.

Clorox Company (The) (NYSE:CLX) last posted its earnings results on Thursday, August 3rd. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.04. The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.65 billion. Clorox Company (The) had a net margin of 11.74% and a return on equity of 190.67%. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.30 EPS. Analysts forecast that Clorox Company will post $5.66 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, November 13th. Investors of record on Wednesday, October 25th will be paid a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date of this dividend is Tuesday, October 24th. Clorox Company (The)’s dividend payout ratio (DPR) is presently 63.04%.

A number of analysts have recently issued reports on CLX shares. BidaskClub downgraded shares of Clorox Company (The) from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Zacks Investment Research raised shares of Clorox Company (The) from a “hold” rating to a “buy” rating and set a $149.00 price objective for the company in a report on Tuesday, July 4th. Deutsche Bank AG reaffirmed a “hold” rating and set a $137.00 price objective (up from $126.00) on shares of Clorox Company (The) in a report on Saturday, July 22nd. BMO Capital Markets set a $150.00 price objective on shares of Clorox Company (The) and gave the stock a “buy” rating in a report on Thursday, August 3rd. Finally, Barclays PLC reaffirmed an “equal weight” rating and set a $136.00 price objective (down from $140.00) on shares of Clorox Company (The) in a report on Friday, August 4th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $129.05.

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Clorox Company (The) Profile

The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors and medical supply distributors. The Company operates through four segments: Cleaning, Household, Lifestyle and International.

Institutional Ownership by Quarter for Clorox Company (The) (NYSE:CLX)

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