WD-40 (NASDAQ:WDFC - Free Report) - Equities researchers at DA Davidson lifted their FY2026 EPS estimates for WD-40 in a research report issued on Wednesday, January 22nd. DA Davidson analyst L. Weiser now forecasts that the specialty chemicals company will post earnings of $5.94 per share for the year, up from their prior forecast of $5.93. DA Davidson has a "Buy" rating and a $322.00 price target on the stock. The consensus estimate for WD-40's current full-year earnings is $5.36 per share.
Separately, Jefferies Financial Group lifted their target price on shares of WD-40 from $250.00 to $280.00 and gave the company a "hold" rating in a report on Friday, October 18th.
View Our Latest Stock Analysis on WDFC
WD-40 Stock Performance
NASDAQ WDFC traded up $0.63 on Thursday, reaching $231.33. The stock had a trading volume of 84,900 shares, compared to its average volume of 129,436. The stock has a market cap of $3.13 billion, a P/E ratio of 44.32 and a beta of -0.04. WD-40 has a 12-month low of $211.03 and a 12-month high of $292.36. The business's 50-day moving average price is $256.86 and its 200 day moving average price is $257.17. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.75 and a current ratio of 2.44.
WD-40 (NASDAQ:WDFC - Get Free Report) last announced its earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.10. The firm 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 business's revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.28 EPS.
WD-40 Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a dividend of $0.94 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.63%. This is a positive change from WD-40's previous quarterly dividend of $0.88. WD-40's dividend payout ratio (DPR) is currently 72.03%.
Insider Activity at WD-40
In other WD-40 news, Director William B. Noble sold 1,000 shares of the company's stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $289.70, for a total transaction of $289,700.00. Following the completion of the transaction, the director now owns 7,999 shares in the company, valued at approximately $2,317,310.30. This represents a 11.11 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.75% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. V Square Quantitative Management LLC acquired a new stake in WD-40 in the third quarter valued at about $29,000. Covestor Ltd lifted its holdings in shares of WD-40 by 41.3% in the 3rd quarter. Covestor Ltd now owns 226 shares of the specialty chemicals company's stock valued at $58,000 after buying an additional 66 shares during the period. GAMMA Investing LLC boosted its stake in shares of WD-40 by 34.9% in the third quarter. GAMMA Investing LLC now owns 325 shares of the specialty chemicals company's stock valued at $84,000 after buying an additional 84 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of WD-40 by 28.9% in the third quarter. Blue Trust Inc. now owns 393 shares of the specialty chemicals company's stock valued at $101,000 after buying an additional 88 shares in the last quarter. Finally, KBC Group NV grew its holdings in WD-40 by 28.6% during the third 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 period. 91.52% of the stock is currently owned by institutional investors and hedge funds.
WD-40 Company Profile
(
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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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