Natixis Advisors LLC Sells 1,881 Shares of WD-40 (NASDAQ:WDFC)

Natixis Advisors LLC reduced its holdings in WD-40 (NASDAQ:WDFC - Free Report) by 2.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,948 shares of the specialty chemicals company's stock after selling 1,881 shares during the period. Natixis Advisors LLC owned approximately 0.61% of WD-40 worth $20,130,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in WDFC. SRS Capital Advisors Inc. raised its holdings in WD-40 by 525.8% during 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 raised its stake in shares of WD-40 by 23.1% in the fourth quarter. GAMMA Investing LLC now owns 400 shares of the specialty chemicals company's stock valued at $97,000 after acquiring an additional 75 shares during the period. KBC Group NV lifted 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 worth $115,000 after acquiring an additional 99 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its stake 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 period. Finally, Steward Partners Investment Advisory LLC grew its holdings in WD-40 by 70.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 566 shares of the specialty chemicals company's stock valued at $137,000 after purchasing an additional 233 shares during the last quarter. 91.52% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

Separately, DA Davidson reissued a "buy" rating and issued a $322.00 price objective on shares of WD-40 in a research note on Monday, January 27th.

WD-40 Trading Down 2.2 %

WD-40 stock traded down $5.27 during mid-day trading on Friday, hitting $230.67. The company's stock had a trading volume of 189,154 shares, compared to its average volume of 99,119. 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 company has a 50 day moving average of $235.62 and a 200-day moving average of $252.92. WD-40 has a one year low of $211.03 and a one year high of $292.36. The stock has a market cap of $3.12 billion, a PE ratio of 44.19 and a beta of -0.10.

WD-40 (NASDAQ:WDFC - Get Free Report) last posted its quarterly earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.10. WD-40 had a net margin of 11.78% and a return on equity of 31.68%. The firm had revenue of $153.30 million for the quarter, compared to analysts' expectations of $147.40 million. During the same period in the prior year, the business posted $1.28 earnings per share. The business's revenue for the quarter was up 9.2% on a year-over-year basis. On average, research analysts anticipate that WD-40 will post 5.42 EPS for the current year.

WD-40 Announces Dividend

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 paid a $0.94 dividend. The ex-dividend date is Thursday, April 17th. This represents a $3.76 annualized dividend and a yield of 1.63%. WD-40's dividend payout ratio (DPR) is currently 72.03%.

About WD-40

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.