Oversea-Chinese Banking takes new $7.06M stake in Clorox
What's the deal? Oversea-Chinese Banking Corp LtdDealroom has a profile for this one. Try Dealroom → bought 73,976 shares of The Clorox CompanyDealroom has a profile for this one. Try Dealroom → in the second quarter of 2026, a new position worth about $7,060,000, according to a filing with the Securities and Exchange Commission. The stake equals roughly 0.06% of the consumer goods maker.
Why now? The move follows institutional activity in CloroxDealroom has a profile for this one. Try Dealroom →. Haverford TrustDealroom has a profile for this one. Try Dealroom →, Field & Main BankDealroom has a profile for this one. Try Dealroom →, Golden State Wealth ManagementDealroom has a profile for this one. Try Dealroom →, Kestra Private Wealth ServicesDealroom has a profile for this one. Try Dealroom →, and Johnson Financial GroupDealroom has a profile for this one. Try Dealroom → each added to their holdings in recent quarters. Institutional investors now own 78.53% of the company.
What are the numbers? Clorox opened at $106.00 on 21 August 2026, giving it a market cap of $12.82 billion and a price-to-earnings ratio of 21.99. The stock traded between $84.70 and $128.90 over the previous 52 weeks.
How's the business? Clorox reported $1.66 earnings per share for the quarter ended 3 August 2026, beating analysts' consensus estimate of $1.64. Revenue was $1.95 billion, ahead of the $1.91 billion expected but down 2% year-on-year.
Clorox set fiscal 2027 guidance of $5.70 to $6.00 EPS, with analysts on average expecting $5.80 for fiscal 2027. It also raised its quarterly dividend to $1.25 per share, from $1.24, for a 4.7% annualised yield.
The signal: A modest new stake and steady dividend growth point to continued institutional appetite for Clorox as a defensive holding, even as sales decline and its payout ratio climbs above 100%.
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