Clorox (NYSE:CLX) Shares Gap Down After Analyst Downgrade

The Clorox Company (NYSE:CLX) gapped down prior to trading on Friday after Wells Fargo & Company lowered their price target on the stock from $110.00 to $100.00. The stock had previously closed at $96.44, but opened at $90.99. Wells Fargo & Company currently has an equal weight rating on the stock. Clorox shares last traded at $88.3570, with a volume of 2,072,281 shares changing hands.

Several other equities research analysts have also recently issued reports on CLX. The Goldman Sachs Group cut their price objective on shares of Clorox from $110.00 to $94.00 and set a “sell” rating for the company in a research report on Wednesday, January 7th. Weiss Ratings upgraded shares of Clorox from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, April 13th. Wall Street Zen upgraded shares of Clorox from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Morgan Stanley cut their price objective on shares of Clorox from $110.00 to $97.00 and set an “equal weight” rating for the company in a research report on Friday. Finally, Jefferies Financial Group cut their price objective on shares of Clorox from $151.00 to $139.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Clorox currently has a consensus rating of “Reduce” and a consensus price target of $107.13.

Clorox News Roundup

Here are the key news stories impacting Clorox this week:

• Positive Sentiment: Q3 earnings beat consensus: Clorox reported non?GAAP EPS of $1.64 versus estimates (~$1.55), which reassures investors on near?term profit resilience. Clorox (CLX) Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Management highlights growth initiatives: The earnings call stressed product innovation and targeted acquisitions as levers to restore top?line growth and margins over time — a constructive long?term message for investors. Clorox Co (CLX) Q3 2026 Earnings Call Highlights: Navigating Challenges with Strategic Innovations
• Neutral Sentiment: Revenue essentially flat and in line with expectations: Q3 sales were about $1.67B, roughly flat year?over?year and roughly matching street estimates, which explains the mixed market reaction (beat on EPS, matched on revenue). Clorox Reports Q3 Fiscal Year 2026 Results, Updates Outlook
• Neutral Sentiment: Stock was an after?hours mover: CLX was flagged among after?hours movers after the print, indicating heightened trading and volatility as markets digest the mixed news. After-hours movers: AAPL, ROKU, RBLX, TEAM, SNDK, RDDT, TWLO, CLX, WDC
• Negative Sentiment: Full?year EPS outlook trimmed: Management updated FY?2026 guidance below prior expectations, which caps upside and explains investor caution despite the quarter’s EPS beat. Clorox Posts Mixed Q3 Results, Lowers Fiscal 2026 Outlook
• Negative Sentiment: Weaker demand and rising costs cited: Reports note the company cut its profit forecast due to softer demand and cost pressures, two factors that weigh on margins and near?term returns. Clorox cuts annual profit forecast on weaker demand, rising costs
• Negative Sentiment: Shares have recently hit 52?week lows amid the mixed print and lowered outlook, signaling continued investor caution and possible technical selling pressure. Consumer Products Giant Clorox Shares Are Hitting New 52-Week Lows Thursday: Here’s Why

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CLX. Haverford Trust Co increased its stake in shares of Clorox by 2.8% in the 4th quarter. Haverford Trust Co now owns 3,070 shares of the company’s stock valued at $310,000 after acquiring an additional 84 shares during the last quarter. Field & Main Bank increased its stake in shares of Clorox by 3.3% in the 4th quarter. Field & Main Bank now owns 3,100 shares of the company’s stock valued at $313,000 after acquiring an additional 100 shares during the last quarter. Golden State Wealth Management LLC increased its stake in shares of Clorox by 28.2% in the 4th quarter. Golden State Wealth Management LLC now owns 454 shares of the company’s stock valued at $46,000 after acquiring an additional 100 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Clorox by 1.7% in the 3rd quarter. Fisher Asset Management LLC now owns 6,053 shares of the company’s stock valued at $746,000 after acquiring an additional 102 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in shares of Clorox by 8.5% in the 3rd quarter. Blue Trust Inc. now owns 1,333 shares of the company’s stock valued at $164,000 after acquiring an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 78.53% of the company’s stock.

Clorox Trading Down 8.5%

The company has a current ratio of 0.74, a quick ratio of 0.48 and a debt-to-equity ratio of 71.03. The company has a market capitalization of $10.67 billion, a P/E ratio of 14.47, a PEG ratio of 0.47 and a beta of 0.65. The business has a 50 day moving average price of $108.21 and a 200 day moving average price of $108.82.

Clorox (NYSE:CLX) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.09. The company had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Clorox had a return on equity of 383.01% and a net margin of 11.17%.Clorox’s revenue was up .1% on a year-over-year basis. During the same period in the prior year, the business posted $1.45 EPS. Clorox has set its FY 2026 guidance at 5.450-5.650 EPS. Analysts anticipate that The Clorox Company will post 5.87 EPS for the current year.

Clorox Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Wednesday, April 22nd will be paid a $1.24 dividend. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $4.96 dividend on an annualized basis and a dividend yield of 5.6%. Clorox’s dividend payout ratio is 81.05%.

About Clorox

The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives. Its portfolio spans cleaning and household products, food and beverages, water filtration systems and cat litter, serving both retail and institutional customers. The company’s flagship bleach and disinfecting products are well known in the United States and many international markets, where they help prevent the spread of germs in homes, hospitals, schools and businesses.

Clorox’s diverse brand lineup includes liquid bleach and surface cleaners, eco-friendly cleaning tools, food preservation and preparation items, charcoal grills and briquettes, specialty foods and beverages, pet care products and personal care lines.