FY2026 Earnings Estimate for WD-40 Issued By DA Davidson

WD-40 (NASDAQ:WDFC) – Equities researchers at DA Davidson issued their FY2026 earnings per share (EPS) estimates for shares of WD-40 in a report issued on Tuesday, October 22nd. DA Davidson analyst L. Weiser expects that the specialty chemicals company will post earnings per share of $5.93 for the year. DA Davidson has a “Buy” rating and a $322.00 price objective 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 Thursday, October 17th. The specialty chemicals company reported $1.23 EPS for the quarter, missing the consensus estimate of $1.34 by ($0.11). The company had revenue of $156.00 million for the quarter, compared to the consensus estimate of $149.20 million. WD-40 had a return on equity of 31.53% and a net margin of 11.79%. The business’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.21 EPS.

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

WD-40 Price Performance

WD-40 stock opened at $266.59 on Thursday. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 52.17 and a beta of -0.08. The company has a current ratio of 2.47, a quick ratio of 1.70 and a debt-to-equity ratio of 0.37. WD-40 has a 12 month low of $207.95 and a 12 month high of $278.78. The stock’s 50 day moving average is $258.05 and its 200-day moving average is $242.87.

Hedge Funds Weigh In On WD-40

A number of hedge funds have recently added to or reduced their stakes in WDFC. Vanguard Group Inc. grew its holdings in shares of WD-40 by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 1,623,994 shares of the specialty chemicals company’s stock worth $411,374,000 after purchasing an additional 6,532 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in WD-40 by 2.0% during the second quarter. Dimensional Fund Advisors LP now owns 307,097 shares of the specialty chemicals company’s stock worth $67,452,000 after buying an additional 5,893 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in WD-40 by 2.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 142,222 shares of the specialty chemicals company’s stock valued at $31,238,000 after buying an additional 3,458 shares during the period. Jupiter Asset Management Ltd. raised its position in shares of WD-40 by 13.7% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 92,005 shares of the specialty chemicals company’s stock valued at $20,208,000 after buying an additional 11,112 shares in the last quarter. Finally, Millennium Management LLC lifted 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 acquiring an additional 31,055 shares during the period. 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 800 shares of the firm’s stock in a transaction that occurred on Tuesday, October 22nd. The shares were sold at an average price of $256.98, for a total transaction of $205,584.00. Following the transaction, the director now directly owns 8,999 shares of the company’s stock, valued at approximately $2,312,563.02. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.65% of the company’s stock.

WD-40 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Friday, October 18th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.32%. The ex-dividend date is Friday, October 18th. WD-40’s dividend payout ratio (DPR) is 68.88%.

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.