The Clorox Company (CLX) has seen a flurry of activity from institutional investors, with companies like
Mitsubishi UFJ Trust & Banking Corp and
Sei Investments Co. strengthening their position in the company. However,
Sei Investments Co. and
Anchor Capital Advisors LLC have also sold shares of Clorox.
CLX has been declared the
Most Sustainable U.S. Company by Barron's for a second consecutive year, indicating its strong focus on sustainability efforts. Despite some criticism and concerns about its growth targets,
Clorox's IGNITE strategy, aiming to evolve its portfolio, seems to be well received. Clorox has also been dealing with a cyberattack, which has stalled recovery and pushed the outlook down. The company's
Q3 FY2024 earnings have reportedly increased despite certain challenges, while its
Q2 earnings beat estimates and rose year-on-year. There's been a divestment of operations in Argentina, Uruguay and Paraguay, as part of its strategic actions. However, some analysts have reduced the price target for
Clorox (CLX), generating concerns over its market valuation.
Clorox Company CLX News Analytics from Tue, 19 Sep 2023 07:00:00 GMT to Sun, 21 Jul 2024 17:41:25 GMT -
Rating 3
- Innovation 6
- Information 8
- Rumor -1
