Intech Investment Management LLC Has $8.84 Million Holdings in The Clorox Company (NYSE:CLX)

Intech Investment Management LLC lifted its holdings in shares of The Clorox Company (NYSE:CLX - Free Report) by 91.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 54,428 shares of the company's stock after purchasing an additional 26,058 shares during the period. Intech Investment Management LLC's holdings in Clorox were worth $8,840,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in CLX. Generali Asset Management SPA SGR bought a new position in Clorox in the fourth quarter valued at about $940,000. Advisors Asset Management Inc. boosted its holdings in Clorox by 19.9% in the fourth quarter. Advisors Asset Management Inc. now owns 35,803 shares of the company's stock valued at $5,815,000 after acquiring an additional 5,938 shares during the last quarter. Mystic Asset Management Inc. boosted its holdings in Clorox by 31.7% in the fourth quarter. Mystic Asset Management Inc. now owns 11,040 shares of the company's stock valued at $1,793,000 after acquiring an additional 2,657 shares during the last quarter. Axxcess Wealth Management LLC boosted its holdings in Clorox by 9.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 14,309 shares of the company's stock valued at $2,324,000 after acquiring an additional 1,221 shares during the last quarter. Finally, Flagship Wealth Advisors LLC bought a new position in Clorox in the fourth quarter valued at about $97,000. Institutional investors own 78.53% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on CLX shares. Evercore ISI raised their price target on Clorox from $145.00 to $155.00 in a report on Tuesday, February 4th. DA Davidson decreased their target price on Clorox from $171.00 to $169.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. Barclays increased their price target on shares of Clorox from $130.00 to $140.00 and gave the company an "underweight" rating in a research report on Wednesday, February 5th. Wells Fargo & Company boosted their price objective on shares of Clorox from $157.00 to $161.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $150.00 target price on shares of Clorox in a research note on Thursday, January 30th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $159.62.

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Clorox Stock Down 0.3 %

Shares of CLX traded down $0.46 during midday trading on Friday, hitting $144.88. The stock had a trading volume of 1,553,392 shares, compared to its average volume of 1,208,595. The company has a 50 day simple moving average of $152.84 and a two-hundred day simple moving average of $159.77. The Clorox Company has a twelve month low of $127.60 and a twelve month high of $171.37. The firm has a market cap of $17.85 billion, a price-to-earnings ratio of 39.58, a price-to-earnings-growth ratio of 2.62 and a beta of 0.45. The company has a debt-to-equity ratio of 20.52, a current ratio of 0.94 and a quick ratio of 0.60.

Clorox (NYSE:CLX - Get Free Report) last released its earnings results on Monday, February 3rd. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.39 by $0.16. Clorox had a return on equity of 316.87% and a net margin of 6.38%. During the same period in the prior year, the company earned $2.16 EPS. On average, analysts anticipate that The Clorox Company will post 7.15 EPS for the current year.

Clorox Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Wednesday, April 23rd. Clorox's dividend payout ratio is currently 133.33%.

Clorox Company 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.