The Clorox Company (CLX) has been making headlines for various developments. Many investors, including Apeiron RIA LLC and Koshinski Asset Management, have sold their shares in Clorox, although, it has still managed to outperform competitors on a strong trading day. Despite this, the company's shares have been acquired aplenty by entities like Toth Financial Advisory Corp, Southland Equity Partners, and Avanza Fonder AB, indicating buoyant investor interest.
Clorox has shown strong institutional ownership, with a reported 81% being owned by such establishments, highlighting its significance amongst powerful players in the market. This includes the purchase of a considerable number of shares by SG Americas Securities and Assenagon Asset Management.
According to some reports, Clorox's intrinsic value may be much higher than its current share price, making it a potentially strong investment in the Soaps and Cleaning Materials Stock market. In addition, the company announced regular quarterly dividends of $1.22 per share, contributing to its appealing performance to dividend-focused investors. In an eco-conscious move, CloroxPro™ Canada has launched new plant-based Clorox™ EcoClean Disinfecting Wipes.
Clorox has also announced the election of Stephen Bratspies and Pierre Breber to its Board of Directors and recently completed the divestiture of its Better Health VMS Business. The Clorox Company has also strengthened its global supply chain ethics through enhanced human rights partnerships, demonstrating its corporate responsibility commitments.
Clorox Company CLX News Analytics from Thu, 21 Mar 2024 07:00:00 GMT to Sat, 25 Jan 2025 14:19:41 GMT - Rating 8 - Innovation 6 - Information 7 - Rumor 4
