Key Points
- Director David Pendarvis bought 424 shares at $247.15 each for a total of $104,791.60, raising his direct ownership to 6,898 shares (a 6.55% increase), as disclosed in an SEC filing.
- WD-40 missed fourth-quarter expectations with EPS $1.28 vs. $1.45 expected and slightly below-revenue, and set FY2026 guidance of 5.750–6.150 EPS (analysts project ~5.42).
- The company raised its quarterly dividend from $0.94 to $1.02 (annualized $4.08), representing a ~1.7% yield and a payout ratio of 62.1%.
WD-40 Company (NASDAQ:WDFC - Get Free Report) Director David Pendarvis purchased 424 shares of the company's stock in a transaction that occurred on Thursday, February 5th. The shares were purchased at an average price of $247.15 per share, for a total transaction of $104,791.60. Following the completion of the transaction, the director directly owned 6,898 shares of the company's stock, valued at $1,704,840.70. This represents a 6.55% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
WD-40 Price Performance
WDFC opened at $238.53 on Friday. The company has a current ratio of 2.97, a quick ratio of 2.05 and a debt-to-equity ratio of 0.32. The company has a market cap of $3.22 billion, a price-to-earnings ratio of 36.31 and a beta of 0.18. The stock has a fifty day simple moving average of $206.63 and a two-hundred day simple moving average of $206.06. WD-40 Company has a 12-month low of $175.38 and a 12-month high of $253.48.
WD-40 (NASDAQ:WDFC - Get Free Report) last released its earnings results on Thursday, January 8th. The specialty chemicals company reported $1.28 earnings per share for the quarter, missing analysts' consensus estimates of $1.45 by ($0.17). The business had revenue of $154.42 million during the quarter, compared to analysts' expectations of $155.10 million. WD-40 had a return on equity of 30.10% and a net margin of 14.42%.The firm's quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.39 earnings per share. WD-40 has set its FY 2026 guidance at 5.750-6.150 EPS. Research analysts predict that WD-40 Company will post 5.42 earnings per share for the current fiscal year.
WD-40 Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were paid a dividend of $1.02 per share. This is a positive change from WD-40's previous quarterly dividend of $0.94. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, January 16th. WD-40's payout ratio is 62.10%.
Wall Street Analysts Forecast Growth
WDFC has been the topic of several recent research reports. DA Davidson set a $300.00 price target on WD-40 in a research note on Wednesday, November 26th. Weiss Ratings reissued a "hold (c)" rating on shares of WD-40 in a report on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $300.00.
Get Our Latest Research Report on WDFC
Institutional Investors Weigh In On WD-40
A number of institutional investors have recently made changes to their positions in the company. Legato Capital Management LLC raised its holdings in WD-40 by 94.1% in the 4th quarter. Legato Capital Management LLC now owns 4,771 shares of the specialty chemicals company's stock worth $939,000 after acquiring an additional 2,313 shares during the last quarter. Global Retirement Partners LLC boosted its stake in WD-40 by 225.4% during the 4th quarter. Global Retirement Partners LLC now owns 384 shares of the specialty chemicals company's stock valued at $76,000 after purchasing an additional 266 shares during the last quarter. Covestor Ltd increased its holdings in shares of WD-40 by 9.8% in the 4th quarter. Covestor Ltd now owns 549 shares of the specialty chemicals company's stock worth $108,000 after purchasing an additional 49 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of WD-40 by 18.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,593 shares of the specialty chemicals company's stock worth $511,000 after purchasing an additional 405 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new position in shares of WD-40 in the fourth quarter worth $982,000. Hedge funds and other institutional investors own 91.52% of the company's stock.
About WD-40
(
Get Free Report)
WD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.
WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.
Further Reading
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