Clorox Company (CLX) has recently seen a lot of activity related to its stock. The company announced a
regular quarterly dividend of $1.24 per share a number of times, displaying its strong ability to return value to shareholders, while a range of investment institutions, such as Strs Ohio, Integrated Wealth Concepts LLC., and Martin Capital Partners, has been buying and managing CLX shares. However, the last quarter's financial performance led some investment companies to reduce their holdings in Clorox. This is likely in response to a warning by Jim Cramer concerning CLX's future growth and possible risks. The recent
retirement announcement of Clorox's CFO, Kevin Jacobsen, and the appointment of Luc Bellet in his place could also be a contributing factor. With Clorox's
Q2 earnings and sales estimates beating expectations and updates to its FY25 outlook, it is surrounded by positive pressures. Additionally,
Clorox's strategic push into the tech hygiene market was noted, following the debut of their Screen+ sanitizing wipes. Despite a recent drop in its stock, analysts advise investors to continue holding on to Clorox.
Clorox Company CLX News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Sun, 21 Sep 2025 00:34:10 GMT -
Rating 5
- Innovation 5
- Information 5
- Rumor -3
