Harvest Investment Advisors LLC Takes Position in The Clorox Company $CLX

Harvest Investment Advisors LLC bought a new stake in shares of The Clorox Company (NYSE:CLX) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,780 shares of the company’s stock, valued at approximately $1,490,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC bought a new position in shares of Clorox during the 3rd quarter valued at approximately $25,000. Darwin Wealth Management LLC purchased a new stake in shares of Clorox during the 2nd quarter valued at approximately $29,000. Vision Financial Markets LLC lifted its stake in shares of Clorox by 166.7% during the 4th quarter. Vision Financial Markets LLC now owns 320 shares of the company’s stock valued at $32,000 after buying an additional 200 shares in the last quarter. Ameriflex Group Inc. lifted its stake in shares of Clorox by 1,436.8% during the 3rd quarter. Ameriflex Group Inc. now owns 292 shares of the company’s stock valued at $36,000 after buying an additional 273 shares in the last quarter. Finally, Elevated Capital Advisors LLC purchased a new stake in shares of Clorox during the 4th quarter valued at approximately $43,000. 78.53% of the stock is owned by institutional investors.

Insider Transactions at Clorox

In other news, Director Pierre R. Breber bought 5,000 shares of the stock in a transaction on Tuesday, May 5th. The shares were acquired at an average cost of $85.82 per share, for a total transaction of $429,100.00. Following the purchase, the director directly owned 18,000 shares of the company’s stock, valued at $1,544,760. This trade represents a 38.46% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.63% of the stock is owned by corporate insiders.

Clorox Stock Performance

NYSE CLX opened at $97.52 on Wednesday. The Clorox Company has a 1 year low of $84.70 and a 1 year high of $132.03. The company has a debt-to-equity ratio of 27.03, a current ratio of 0.84 and a quick ratio of 0.65. The stock has a market capitalization of $11.79 billion, a PE ratio of 15.83, a P/E/G ratio of 0.50 and a beta of 0.56. The company’s 50 day simple moving average is $96.26 and its two-hundred day simple moving average is $105.05.

Clorox (NYSE:CLX) last posted its earnings results on Thursday, April 30th. The company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.09. Clorox had a net margin of 11.18% and a return on equity of 443.64%. The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same period in the prior year, the company posted $1.45 EPS. The business’s revenue for the quarter was up .1% compared to the same quarter last year. Clorox has set its FY 2026 guidance at 5.450-5.650 EPS. Analysts predict that The Clorox Company will post 5.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CLX has been the topic of a number of recent research reports. Weiss Ratings upgraded shares of Clorox from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, April 13th. Evercore restated an “underperform” rating and set a $110.00 price target on shares of Clorox in a research note on Friday, May 1st. The Goldman Sachs Group restated a “sell” rating and set a $83.00 price target on shares of Clorox in a research note on Friday, May 1st. JPMorgan Chase & Co. dropped their price target on shares of Clorox from $99.00 to $95.00 and set an “underweight” rating on the stock in a research note on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $91.00 price target on shares of Clorox in a research note on Friday, May 1st. One investment analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, Clorox has an average rating of “Reduce” and an average price target of $103.40.

Clorox Profile

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.