WD-40 (NASDAQ:WDFC) Releases FY 2026 Earnings Guidance

WD-40 (NASDAQ:WDFC) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 5.750-6.150 for the period, compared to the consensus estimate of 6.040. The company issued revenue guidance of $630.0 million-$655.0 million, compared to the consensus revenue estimate of $649.3 million.

WD-40 Trading Up 2.3%

NASDAQ:WDFC traded up $4.52 during trading hours on Thursday, hitting $203.50. The stock had a trading volume of 278,145 shares, compared to its average volume of 166,018. The business’s 50 day moving average is $197.82 and its 200-day moving average is $207.89. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.01 and a current ratio of 2.79. The company has a market cap of $2.75 billion, a price-to-earnings ratio of 30.46 and a beta of 0.15. WD-40 has a one year low of $186.19 and a one year high of $253.48.

WD-40 (NASDAQ:WDFC) last announced its quarterly earnings results on Thursday, January 8th. The specialty chemicals company reported $1.18 earnings per share for the quarter, missing analysts’ consensus estimates of $1.36 by ($0.18). WD-40 had a return on equity of 31.84% and a net margin of 14.68%.The firm had revenue of $154.42 million for the quarter, compared to the consensus estimate of $155.10 million. During the same period in the prior year, the business earned $1.39 earnings per share. WD-40 has set its FY 2026 guidance at 5.750-6.150 EPS. Sell-side analysts anticipate that WD-40 will post 5.42 EPS for the current fiscal year.

WD-40 Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.0%. This is an increase from WD-40’s previous quarterly dividend of $0.94. The ex-dividend date is Friday, January 16th. WD-40’s dividend payout ratio is currently 61.08%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WDFC. DA Davidson set a $300.00 price objective on WD-40 in a report on Wednesday, November 26th. Weiss Ratings restated a “hold (c)” rating on shares of WD-40 in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $300.00.

Insider Transactions at WD-40

In other WD-40 news, Director Daniel T. Carter bought 1,000 shares of WD-40 stock in a transaction that occurred on Monday, October 27th. The stock was acquired at an average price of $199.37 per share, for a total transaction of $199,370.00. Following the completion of the acquisition, the director owned 7,205 shares of the company’s stock, valued at $1,436,460.85. This trade represents a 16.12% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Steven A. Brass bought 362 shares of the firm’s stock in a transaction that occurred on Tuesday, October 28th. The stock was acquired at an average cost of $200.46 per share, with a total value of $72,566.52. Following the transaction, the chief executive officer owned 33,761 shares of the company’s stock, valued at $6,767,730.06. This represents a 1.08% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have purchased 2,640 shares of company stock worth $522,765. Corporate insiders own 0.78% of the company’s stock.

Hedge Funds Weigh In On WD-40

Several hedge funds have recently modified their holdings of WDFC. Cerity Partners LLC increased its stake in shares of WD-40 by 18.7% during the 2nd quarter. Cerity Partners LLC now owns 1,080 shares of the specialty chemicals company’s stock worth $246,000 after purchasing an additional 170 shares during the last quarter. Occudo Quantitative Strategies LP acquired a new stake in WD-40 in the 3rd quarter valued at about $243,000. Caxton Associates LLP bought a new position in WD-40 during the first quarter worth about $225,000. Mercer Global Advisors Inc. ADV acquired a new position in WD-40 during the third quarter worth approximately $218,000. Finally, United Services Automobile Association acquired a new stake in shares of WD-40 in the first quarter valued at approximately $211,000. Institutional investors own 91.52% of the company’s stock.

WD-40 Company Profile

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.