Invesco Discloses 5.2% Clorox Stake, Held Passively For Clients
The 6,294,677-share position sits with clients of Invesco's advisers, and Invesco certified it is not aimed at influencing control.
Invesco Ltd. reported a 5.2% stake in Clorox, covering 6,294,677 shares, in a passive ownership disclosure filed Tuesday. The position is measured as of September 30, 2026, and the shares are held by Invesco's investment-adviser clients.
A passive position held for clients
Invesco has sole voting power over 6,282,560 of the shares and no shared voting power. It reports as a parent holding company, which may be deemed to own shares that its advisers' clients hold of record.
The clients have the right to receive dividends and sale proceeds, and no single client has more than 5% economic ownership of the securities. Invesco certified that the shares were acquired and are held in the ordinary course of business, not to change or influence control of Clorox.
The advisers named are Invesco Advisers, Invesco Asset Management Limited, Invesco Investment Advisers, Invesco Management S.A. and Invesco Capital Management.
The household-products company
Clorox makes cleaning and disinfecting products, Glad bags and wraps, Fresh Step cat litter, Kingsford grilling products, Hidden Valley dressings, Brita filters and Purell hand sanitizer, among others. Net sales were $6.7 billion in fiscal 2026, and Walmart and its affiliates accounted for 26% of them. The company's market value was $12.8 billion on Tuesday afternoon.
Pressures behind the stock
Clorox has faced COVID disruption, supply-chain difficulties and inflation, wrote Erin Lash, director of consumer sector equity research at Morningstar Research Services. An August 2023 cybersecurity attack added to the strain.
More recently, Clorox acknowledged higher industrywide promotional spending, particularly in litter, bags and wraps.
The filing puts one of the world's large fund managers above the 5% reporting line in Clorox, with its clients as the economic owners.
Sources
- SCHEDULE 13G — Invesco Ltd. re: Clorox Co/The (CLX) — SEC EDGAR
- Clorox Company (The) (CLX) Stock Forecasts — Yahoo Finance
- The Clorox Co. (NYSE:CLX) : Articles :: Law360 — law360.com
- Astute Brand Investments Help Clorox Navigate a Challenging Macro and Competitive Landscape | Morningstar — morningstar.com
- The Clorox Co. (NYSE:CLX) : Cases :: Law360 — law360.com
- Consumer staples earnings scoreboard: 75% beat EPS estimates, 87.5% post Y/Y earnings growth (XLP:NYSEARCA) | Seeking Alpha — seekingalpha.com
