Clorox (CLX)

• Market cap: $20.4B
• 1 day: 0.19%
• 5 days: -0.29%
• 1 month: -2.15%
• 3 months: 0.68%
• 6 months: 21.14%
• Year to date: 13.65%
• 1 year: 16.96%
• 5 years: 7.72%
• 10 years: 57.69%
• Sector: Materials
• Industry: Specialty Cleaning, Polishing & Sanitation Preparations

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: 7,400

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

63% more first-time investments, than exits

New positions opened: 142 | Existing positions closed: 87

46% more call options, than puts

Call options by funds: $397M | Put options by funds: $272M

40% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]

12% more capital invested

Capital invested by funds: $14.1B [Q2] → $15.8B (+$1.63B) [Q3]

5% more funds holding

Funds holding: 1,074 [Q2] → 1,129 (+55) [Q3]

1.23% less ownership

Funds ownership: 83.57% [Q2] → 82.34% (-1.23%) [Q3]

23% less repeat investments, than reductions

Existing positions increased: 332 | Existing positions reduced: 431

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $139 15% downside
• Avg. target: $163 1% downside
• High target: $187 14% upside

6 analyst ratings

• positive: 1 17%
• neutral: 3 50%
• negative: 2 33%

TD Cowen Robert Moskow 46% 1-year accuracy 21 / 46 met price target	3% upside $170	Hold Upgraded	6 Nov 2024
DA Davidson Linda Bolton Weiser 41% 1-year accuracy 42 / 102 met price target	4% upside $171	Neutral Maintained	4 Nov 2024
Barclays Lauren Lieberman 46% 1-year accuracy 41 / 90 met price target	15% downside $139	Underweight Maintained	1 Nov 2024
Evercore ISI Group Javier Escalante 33% 1-year accuracy 1 / 3 met price target	15% downside $139	Underperform Maintained	14 Oct 2024
JP Morgan Andrea Teixeira 45% 1-year accuracy 24 / 53 met price target	6% upside $174	Neutral Maintained	11 Oct 2024