Pallas Capital Advisors LLC Takes $558,000 Position in The Clorox Company $CLX

Pallas Capital Advisors LLC acquired a new stake in The Clorox Company (NYSE:CLX) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 5,845 shares of the company’s stock, valued at approximately $558,000.

Several other hedge funds have also recently bought and sold shares of CLX. Caitlin John LLC lifted its position in shares of Clorox by 1,807.1% in the fourth quarter. Caitlin John LLC now owns 267 shares of the company’s stock worth $27,000 after buying an additional 253 shares during the last quarter. Avalon Trust Co acquired a new position in shares of Clorox during the 2nd quarter valued at about $29,000. Darwin Wealth Management LLC bought a new position in shares of Clorox in the 2nd quarter valued at approximately $29,000. Root Financial Partners LLC raised its stake in shares of Clorox by 83.8% in the 1st quarter. Root Financial Partners LLC now owns 318 shares of the company’s stock valued at $33,000 after acquiring an additional 145 shares in the last quarter. Finally, SHP Wealth Management acquired a new stake in Clorox in the 4th quarter worth approximately $35,000. 78.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CLX. UBS Group upped their target price on Clorox from $100.00 to $105.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Weiss Ratings reissued a “hold (c-)” rating on shares of Clorox in a research report on Friday, July 10th. Wells Fargo & Company boosted their price objective on shares of Clorox from $95.00 to $102.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft set a $98.00 target price on shares of Clorox in a research note on Tuesday, August 4th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Clorox from $92.00 to $95.00 and gave the stock an “underweight” rating in a report on Tuesday, August 4th. Twelve equities research analysts have rated the stock with a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $102.40.

Trending Headlines about Clorox

Here are the key news stories impacting Clorox this week:

• Positive Sentiment: Clorox’s dividend remains attractive relative to Church & Dwight’s, offering substantially more current income. However, the company has increased its dividend more cautiously, making the stock more appealing to income-focused investors than to growth-oriented investors. Two Consumer Staples, Two Dividend Strategies
• Neutral Sentiment: Chief Executive Officer Linda Rendle and CFO Luc Bellet will participate in a fireside chat at the Barclays Global Consumer Staples Conference on September 9. The event could provide updates on demand, margins and the company’s outlook, but no new financial guidance was announced. Clorox to Present at Barclays Global Consumer Staples Conference
• Negative Sentiment: Zacks Research lowered its Q1 2027 EPS forecast to $1.02 from $1.28 and cut its FY2027 estimate to $5.82 from $6.00. It also reduced estimates for Q1 and Q2 2028 and FY2028, while maintaining a “Strong Sell” rating. These revisions signal concern about near-term earnings momentum and are the clearest fundamental pressure on CLX. Zacks Research Estimate Changes
• Negative Sentiment: An analyst cited weaker Hidden Valley Ranch dressing sales as consumers become more cautious about buying salad products amid a cyclospora outbreak. Any sustained decline in the brand could weigh on Clorox’s food business and quarterly revenue. Hidden Valley Ranch dressing may be a victim of this summer’s salad scare

Clorox Trading Up 2.4%

Shares of Clorox stock opened at $108.12 on Thursday. The Clorox Company has a 52-week low of $84.70 and a 52-week high of $128.90. The firm has a market capitalization of $13.07 billion, a PE ratio of 22.43, a price-to-earnings-growth ratio of 3.16 and a beta of 0.54. The company has a debt-to-equity ratio of 15.80, a current ratio of 0.66 and a quick ratio of 0.38. The company’s fifty day moving average price is $98.62 and its two-hundred day moving average price is $103.16.

Clorox (NYSE:CLX) last released its quarterly earnings data on Monday, August 3rd. The company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.02. Clorox had a net margin of 8.74% and a return on equity of 522.23%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period last year, the firm earned $2.87 EPS. The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. Clorox has set its FY 2027 guidance at 5.700-6.000 EPS. On average, analysts expect that The Clorox Company will post 5.8 EPS for the current year.

Clorox Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Wednesday, August 12th will be paid a dividend of $1.25 per share. This is a positive change from Clorox’s previous quarterly dividend of $1.24. This represents a $5.00 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Wednesday, August 12th. Clorox’s dividend payout ratio is 103.73%.

Clorox Company Profile

The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives. Its portfolio spans cleaning and household products, food and beverages, water filtration systems and cat litter, serving both retail and institutional customers. The company’s flagship bleach and disinfecting products are well known in the United States and many international markets, where they help prevent the spread of germs in homes, hospitals, schools and businesses.

Clorox’s diverse brand lineup includes liquid bleach and surface cleaners, eco-friendly cleaning tools, food preservation and preparation items, charcoal grills and briquettes, specialty foods and beverages, pet care products and personal care lines.