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Clorox Company CLX - News Analyzed: 10,265 - Today: 100 - Last Week: 100 - Last Month: 500

Clorox Company's Financial Activity, Acquisition, and Partnership Moves

Clorox Company's Financial Activity, Acquisition, and Partnership Moves
The Clorox Company (CLX) has been involved in various financial activities including Swiss National Bank reducing their stock holdings, Wells Fargo increasing its price targets on CLX to $125 and maintaining an equal weight rating, and Barclays selling a total of 216,340 shares of the company. The company continues on its acquisition spree, notably the acquisition of GOJO Industries, makers of Purell, leaders in skin health and hygiene. In terms of dividends, Clorox declared a regular quarterly dividend of $1.24 per share. Their shares have been attractive to many firms with institutions like KLCM Advisors, Jefferies Financial Group, and Victory Capital Management increasing their stakes in the company. Citigroup has also purchased shares from Clorox. The company has announced partnerships and expansions like association with Realize the Dream to boost employee volunteer service globally. Uncertainty in the consumer staples sector has prompted Bank of America to cut its target for Clorox. The company is also collaborating with Jason Kelce to introduce the fragrance for fall: Slow Burn. Despite a somewhat bearish outlook, there are indications that Clorox's recovery is gaining momentum, and with a consistent demand and brand investment, further dividend growth is expected.

Clorox Company CLX News Analytics from Mon, 21 Jul 2025 07:00:00 GMT to Fri, 13 Mar 2026 14:58:19 GMT -

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