Amundi boosted its position in shares of WD-40 (NASDAQ:WDFC - Free Report) by 181.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,875 shares of the specialty chemicals company's stock after purchasing an additional 4,432 shares during the quarter. Amundi owned 0.05% of WD-40 worth $1,641,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of WDFC. SRS Capital Advisors Inc. grew its holdings in shares of WD-40 by 525.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 194 shares of the specialty chemicals company's stock valued at $47,000 after buying an additional 163 shares during the period. GAMMA Investing LLC grew its stake in shares of WD-40 by 23.1% during the 4th quarter. GAMMA Investing LLC now owns 400 shares of the specialty chemicals company's stock worth $97,000 after acquiring an additional 75 shares in the last quarter. KBC Group NV grew its holdings in shares of WD-40 by 28.6% in the 3rd quarter. KBC Group NV now owns 445 shares of the specialty chemicals company's stock valued at $115,000 after acquiring an additional 99 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. increased its position in shares of WD-40 by 77.9% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 475 shares of the specialty chemicals company's stock worth $122,000 after purchasing an additional 208 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in WD-40 by 70.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 566 shares of the specialty chemicals company's stock worth $137,000 after acquiring an additional 233 shares in the last quarter. Institutional investors own 91.52% of the company's stock.
Analyst Upgrades and Downgrades
Separately, DA Davidson reaffirmed a "buy" rating and set a $322.00 price objective on shares of WD-40 in a research report on Monday, January 27th.
Check Out Our Latest Stock Analysis on WD-40
WD-40 Stock Performance
NASDAQ:WDFC traded down $5.27 during mid-day trading on Friday, reaching $230.67. 184,735 shares of the company's stock were exchanged, compared to its average volume of 99,066. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.75 and a current ratio of 2.44. The firm has a market capitalization of $3.12 billion, a PE ratio of 44.19 and a beta of -0.10. WD-40 has a one year low of $211.03 and a one year high of $292.36. The business's fifty day simple moving average is $235.82 and its two-hundred day simple moving average is $253.14.
WD-40 (NASDAQ:WDFC - Get Free Report) last issued its quarterly earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.10. The business had revenue of $153.30 million during the quarter, compared to analysts' expectations of $147.40 million. WD-40 had a return on equity of 31.68% and a net margin of 11.78%. The firm's revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.28 earnings per share. Analysts anticipate that WD-40 will post 5.42 earnings per share for the current fiscal year.
WD-40 Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 18th will be given a dividend of $0.94 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $3.76 annualized dividend and a yield of 1.63%. WD-40's dividend payout ratio is 72.03%.
WD-40 Company Profile
(
Free Report)
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand name; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bike-specific products.
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