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Swedbank AB Trims Holdings in The Clorox Company $CLX

2026-05-17 11:18:22

Abstract generation in progress

Swedbank AB reduced its stake in The Clorox Company (NYSE:CLX) by 15% in the fourth quarter, selling 11,386 shares to own 64,504 shares valued at $6.5 million. Despite cautious analyst sentiment with a "Reduce" rating and an average price target of $104, Clorox reported strong quarterly EPS of $1.64, surpassing estimates, and maintains a significant annual dividend yield of approximately 5.4%. Institutional investors collectively own 78.53% of the stock, while one director recently increased his stake, signaling insider confidence.

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