The Clorox Company (CLX) has been the subject of much investment-related activity. Various institutional investors, including banks such as
Bank of Montreal and Bank of New York Mellon Corp, have decreased their holdings in CLX shares. Conversely, other organizations such as
Sound Financial Strategies Group LLC, Yacktman Asset Management LP, and iA Global Asset Management Inc. have increased their investments.
Jim Cramer has also commented on Clorox's potential upside. As for performance, Clorox reported their
Q1 Fiscal Year 2026 results, with earnings surpassing estimates albeit with organic sales decreasing by 17% year-over-year. The company faces challenges following
ERP disruptions impacting sales and earnings outlooks. However, following these results, analysts such as Citigroup and JPMorgan Chase have maintained neutral recommendations and lowered their price targets. Despite barriers, the company has announced a
quarterly dividend of $1.24 per share. Looking ahead, the company's future remains uncertain, with various analysis indicating a bleak outlook, but with others maintaining a defensive hold position due to dividend strength.
Clorox Company CLX News Analytics from Sat, 10 May 2025 07:00:00 GMT to Sat, 08 Nov 2025 12:58:18 GMT -
Rating 0
- Innovation 0
- Information 2
- Rumor -5
