CloroxCLX Market cap $20B
About: Since its inception more than 100 years ago, Clorox has grown to play in a variety of categories across the consumer products space, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just less than 85% of Clorox's sales stem from its home turf.
Employees: 8,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
47% more call options, than puts
Call options by funds: $395M | Put options by funds: $268M
2% more repeat investments, than reductions
Existing positions increased: 390 | Existing positions reduced: 383
0.61% more ownership
Funds ownership: 81.0% [Q1] → 81.61% (+0.61%) [Q2]
4% less funds holding
Funds holding: 1,120 [Q1] → 1,071 (-49) [Q2]
10% less capital invested
Capital invested by funds: $15.3B [Q1] → $13.8B (-$1.53B) [Q2]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]
34% less first-time investments, than exits
New positions opened: 95 | Existing positions closed: 144
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Jefferies Kaumil Gajrawala 52% 1-year accuracy 13 / 25 met price target | 16%upside $187 | Buy Upgraded | 1 Oct 2024 |
Citigroup Wendy Nicholson 50% 1-year accuracy 1 / 2 met price target | 5%upside $170 | Neutral Maintained | 6 Sept 2024 |
DA Davidson Linda Bolton Weiser 37% 1-year accuracy 28 / 76 met price target | 5%downside $153 | Neutral Maintained | 6 Sept 2024 |
Citigroup Wendy Nicholson 50% 1-year accuracy 1 / 2 met price target | 2%upside $165 | Neutral Maintained | 28 Aug 2024 |
Barclays Lauren Lieberman 65% 1-year accuracy 53 / 81 met price target | 20%downside $130 | Underweight Maintained | 5 Aug 2024 |
Financial journalist opinion
Based on 13 articles about CLX published over the past 30 days