Stocks · News reference
As an independent company, Lubricants & Specialties will operate a capital-light business model built for greater financial flexibility and stronger, more consistent free cash flow — while leveraging its core
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Investors turn to dividend-yielding stocks during market turbulence. Benzinga provides latest analyst ratings and accurate picks for high-yielding consumer staples stocks.
Clorox has increased its dividend for the 49th consecutive year and is positioned as an attractive value stock for income investors. The company's acquisition of Purell, completion of its ERP system overhaul, and strong projected free cash flow generation support its dividend sustainability. Despite challenging consumer spending conditions, Clorox trades at a valuation of 16.8x fiscal 2027 earnings guidance and is on track to become a Dividend King in 2027.
UBS analyst Peter Grom maintains Clorox (NYSE:CLX) with a Neutral and raises the price target from $100 to $105.
JP Morgan analyst Andrea Teixeira maintains Clorox (NYSE:CLX) with a Underweight and raises the price target from $92 to $95.
HF Sinclair (DINO) plans to spin off its Lubricants & Specialties division into an independent public company by late 2027, aiming to reduce capital competition and improve strategic focus on core refining, midstream, and renewables businesses. The separation includes retiring the Mississauga refinery and shifting to a capital-light lubricants model. Meanwhile, energy majors Eni and Shell are simplifying portfolios through asset sales and restructuring to unlock value and improve capital allocation.