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Skandinaviska Enskilda Banken AB publ Trims Stock Position in The Clorox Company $CLX
Skandinaviska Enskilda Banken AB publ significantly reduced its stake in The Clorox Company by 67.8% in Q3, selling 54,550 shares and ending the quarter with 25,913 shares valued at approximately $3.2 million. Despite this trim, other institutional investors like JPMorgan Chase & Co. increased their holdings, leading to institutions owning about 78.53% of CLX stock. The company faces mixed sentiment from analysts, with some raising price targets but the consensus remaining a “Reduce” rating with a target of $118.73, following a recent earnings miss on EPS.