113 Shares in WD-40 (NASDAQ:WDFC) Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. bought a new position in shares of WD-40 (NASDAQ:WDFC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 113 shares of the specialty chemicals company’s stock, valued at approximately $27,000.

Other hedge funds have also recently bought and sold shares of the company. SRS Capital Advisors Inc. boosted its position in WD-40 by 525.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 194 shares of the specialty chemicals company’s stock worth $47,000 after acquiring an additional 163 shares during the last quarter. Anchor Investment Management LLC boosted its position in WD-40 by 3,400.0% during the fourth quarter. Anchor Investment Management LLC now owns 350 shares of the specialty chemicals company’s stock worth $85,000 after acquiring an additional 340 shares during the last quarter. GAMMA Investing LLC boosted its position in WD-40 by 23.1% during the fourth quarter. GAMMA Investing LLC now owns 400 shares of the specialty chemicals company’s stock worth $97,000 after acquiring an additional 75 shares during the last quarter. KBC Group NV grew its stake in shares of WD-40 by 23.1% during the 4th quarter. KBC Group NV now owns 548 shares of the specialty chemicals company’s stock valued at $133,000 after buying an additional 103 shares during the period. Finally, Blue Trust Inc. increased its holdings in shares of WD-40 by 39.9% during the 4th quarter. Blue Trust Inc. now owns 550 shares of the specialty chemicals company’s stock worth $142,000 after buying an additional 157 shares during the last quarter. Institutional investors and hedge funds own 91.52% of the company’s stock.

WD-40 Stock Performance

WD-40 stock opened at $223.03 on Tuesday. The stock’s 50-day moving average is $233.57 and its 200-day moving average is $247.34. The company has a market cap of $3.02 billion, a price-to-earnings ratio of 42.73 and a beta of 0.03. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.44 and a quick ratio of 1.75. WD-40 has a 12 month low of $208.00 and a 12 month high of $292.36.

WD-40 (NASDAQ:WDFC) last released its quarterly earnings data on Tuesday, April 8th. The specialty chemicals company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.05. The company had revenue of $146.10 million for the quarter, compared to the consensus estimate of $154.40 million. WD-40 had a return on equity of 31.68% and a net margin of 11.78%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the business posted $1.14 EPS. Equities analysts anticipate that WD-40 will post 5.42 earnings per share for the current year.

WD-40 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th will be issued a $0.94 dividend. The ex-dividend date is Thursday, April 17th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.69%. WD-40’s dividend payout ratio (DPR) is 59.97%.

Insider Transactions at WD-40

In related news, CFO Sara Kathleen Hyzer bought 256 shares of the stock in a transaction dated Friday, April 11th. The stock was acquired at an average price of $222.83 per share, for a total transaction of $57,044.48. Following the completion of the purchase, the chief financial officer now owns 4,072 shares in the company, valued at $907,363.76. This represents a 6.71 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.75% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, DA Davidson upgraded WD-40 to a “strong-buy” rating in a report on Monday, April 14th.

WD-40 Profile

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.