In recent market news, The Clorox Company (CLX) has seen a mix of both buy and sell activities by various investment firms. The company has seen its stock positions being trimmed by APG Asset Management N.V, Algert Global LLC, Candriam S.C.A, Venture Visionary Partners LLC and State of New Jersey Common Pension Fund D, which led to a reduction of the Company’s shares held by these corporations.
On the contrary, there has also been an acquisition of Clorox’s shares by multiple firms such as American Century Companies Inc, Quantitative Investment Management LLC, AlphaQuest LLC, Raymond James Financial Inc and FORA Capital LLC. These firms have consequently increased their stock holdings in the Clorox Company.
Furthermore, Clorox’s CFO, Kevin Jacobsen, has announced his retirement with Luc Bellet named as the new CFO. Clorox have been reported to succeed in earnings forecasts, leading to an increased outlook for the fiscal year and has also increased its quarterly dividend. Moreover, traders have witnessed a surge in efficiency gains and ROCE, making CLX an attractive long-term investment.
Clorox Company CLX News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Sun, 31 Aug 2025 00:41:46 GMT - Rating 8 - Innovation -4 - Information 6 - Rumor -7
