Research Analysts Set Expectations for WD-40 FY2026 Earnings

WD-40 (NASDAQ:WDFC) – Equities research analysts at DA Davidson increased their FY2026 EPS estimates for shares of WD-40 in a research report issued to clients and investors on Wednesday, January 22nd. DA Davidson analyst L. Weiser now expects that the specialty chemicals company will post earnings of $5.94 per share for the year, up from their previous estimate 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.

WD-40 (NASDAQ:WDFC) last announced its earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $147.40 million. During the same quarter in the previous year, the company posted $1.28 EPS. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis.

Separately, Jefferies Financial Group lifted their price target on WD-40 from $250.00 to $280.00 and gave the company a “hold” rating in a report on Friday, October 18th.

WD-40 Trading Up 0.3 %

Shares of WDFC stock opened at $231.33 on Thursday. The firm has a 50-day moving average price of $256.86 and a 200 day moving average price of $257.17. WD-40 has a twelve month low of $211.03 and a twelve month high of $292.36. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 44.32 and a beta of -0.04. The company has a current ratio of 2.44, a quick ratio of 1.75 and a debt-to-equity ratio of 0.37.

Institutional Trading of WD-40

A number of institutional investors have recently modified their holdings of WDFC. Millennium Management LLC grew its holdings in shares of WD-40 by 80.5% during the 2nd quarter. Millennium Management LLC now owns 69,650 shares of the specialty chemicals company’s stock worth $15,298,000 after purchasing an additional 31,055 shares during the period. Barclays PLC grew its holdings in shares of WD-40 by 309.7% during the 3rd quarter. Barclays PLC now owns 37,094 shares of the specialty chemicals company’s stock worth $9,566,000 after purchasing an additional 28,039 shares during the period. DF Dent & Co. Inc. grew its holdings in shares of WD-40 by 27.3% during the 3rd quarter. DF Dent & Co. Inc. now owns 66,993 shares of the specialty chemicals company’s stock worth $17,276,000 after purchasing an additional 14,358 shares during the period. Geode Capital Management LLC grew its holdings in shares of WD-40 by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 378,115 shares of the specialty chemicals company’s stock worth $97,524,000 after purchasing an additional 12,943 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of WD-40 by 24.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 53,950 shares of the specialty chemicals company’s stock worth $13,913,000 after purchasing an additional 10,711 shares during the period. Hedge funds and other institutional investors own 91.52% of the company’s stock.

Insider Buying and Selling at WD-40

In other news, Director William B. Noble sold 1,000 shares of the business’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $289.70, for a total transaction of $289,700.00. Following the completion of the sale, the director now owns 7,999 shares in the company, valued at approximately $2,317,310.30. The trade was a 11.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.75% of the stock is owned by company insiders.

WD-40 Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a $0.94 dividend. This is a boost from WD-40’s previous quarterly dividend of $0.88. The ex-dividend date is Friday, January 17th. This represents a $3.76 annualized dividend and a yield of 1.63%. WD-40’s payout ratio is 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.