CreativeOne Wealth LLC invested $229,000 in The Clorox Company (CLX), and its shares were boosted by the Canada Pension Plan Investment Board. The Clorox Company has been named Barron's Most Sustainable U.S. Company for the second consecutive year. It's a favored stock among institutional investors, who own 81% of the company. However, its stock holdings were trimmed by Ameritas Investment Partners Inc. Upcoming Q4 release suggests beating earnings estimate, and Clorox also announced its Q3 fiscal year 2024 results. Institutional entities like Osaic Holdings Inc. and Toronto Dominion Bank have significant stock holdings. The company's stock has recently outperformed market despite some daily losses. Clorox declared regular quarterly dividend of $1.20 per share, projecting strong growth long-term, although its price target was lowered at both JPMorgan Chase and Barclays. The company reported strong sales growth and margin expansion in Q2 fiscal 2024 and plans to present at the dbAccess Global Consumer Conference. Despite positive ESG ratings, Clorox faces analyst recommendations to reduce and some questioning growth targets.
Clorox Company CLX News Analytics from Tue, 19 Sep 2023 07:00:00 GMT to Sun, 28 Jul 2024 22:18:00 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor 4
