Oppenheimer & Co. Inc. and
First Trust Advisors LP reportedly have significant amounts of stock in
The Clorox Company, however their holdings have decreased.
Bollard Group LLC and
HFR Wealth Management LLC have also sold shares. The
CEO, Linda Rendle has presented at a recent conference, and the company has named as
Barron's most sustainable U.S. company for two years consecutively. The company has reported its Q3 2024 earnings, showing an apparent increase in estimated earnings and strategic actions amid higher costs. Notably, they have divested their operations in Argentina, Uruguay and Paraguay. Institutional owners hold an 80% stake in the company.
Argus upgraded the company from hold to buy and mentions significant sales growth and margin expansion in Q2. The company's preliminary Q1 financial information and operations update suggests a possible undervaluation of 31%. The company's strategic SWOT insight suggests opportunity, notwithstanding a decline in earnings. Companies like
TD Asset Management Inc and
Franklin Resources Inc have decreased their positions while
Orion Portfolio Solutions LLC increased its share. Despite facing a cyberattack, the company managed to increase its quarterly dividends and reported a net sales decrease of 20%.
Clorox Company CLX News Analytics from Thu, 27 Jul 2023 07:00:00 GMT to Sun, 09 Jun 2024 18:45:24 GMT -
Rating -1
- Innovation 0
- Information 6
- Rumor 2
