Quantbot Technologies LP Buys Shares of 12,647 WD-40 Company $WDFC

Quantbot Technologies LP purchased a new position in WD-40 Company (NASDAQ:WDFC) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,647 shares of the specialty chemicals company’s stock, valued at approximately $2,499,000. Quantbot Technologies LP owned 0.09% of WD-40 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of WDFC. HM Payson & Co. bought a new position in WD-40 in the 3rd quarter valued at $28,000. Bessemer Group Inc. grew its holdings in shares of WD-40 by 340.5% in the third quarter. Bessemer Group Inc. now owns 163 shares of the specialty chemicals company’s stock worth $32,000 after purchasing an additional 126 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in WD-40 by 207.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 157 shares of the specialty chemicals company’s stock worth $36,000 after buying an additional 106 shares during the period. Pacer Advisors Inc. bought a new stake in WD-40 during the 3rd quarter valued at about $97,000. Finally, Covestor Ltd boosted its position in WD-40 by 49,900.0% in the 3rd quarter. Covestor Ltd now owns 500 shares of the specialty chemicals company’s stock valued at $99,000 after buying an additional 499 shares during the period. Hedge funds and other institutional investors own 91.52% of the company’s stock.

WD-40 Price Performance

Shares of WDFC opened at $243.84 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.05 and a current ratio of 2.97. The company has a 50 day moving average price of $220.96 and a 200-day moving average price of $208.81. WD-40 Company has a fifty-two week low of $175.38 and a fifty-two week high of $253.48. The stock has a market capitalization of $3.29 billion, a PE ratio of 37.11 and a beta of 0.17.

WD-40 (NASDAQ:WDFC) last issued its quarterly earnings data on Thursday, January 8th. The specialty chemicals company reported $1.18 EPS for the quarter, missing analysts’ consensus estimates of $1.45 by ($0.27). The business had revenue of $154.42 million during the quarter, compared to the consensus estimate of $155.10 million. WD-40 had a return on equity of 30.10% and a net margin of 14.42%.The business’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the firm earned $1.39 EPS. WD-40 has set its FY 2026 guidance at 5.750-6.150 EPS. Equities analysts predict that WD-40 Company will post 5.42 earnings per share for the current fiscal year.

WD-40 Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Friday, January 16th were paid a dividend of $1.02 per share. This is an increase from WD-40’s previous quarterly dividend of $0.94. The ex-dividend date was Friday, January 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.7%. WD-40’s dividend payout ratio (DPR) is currently 62.10%.

Analysts Set New Price Targets

A number of brokerages have recently commented on WDFC. DA Davidson set a $300.00 target price on shares of WD-40 in a research report on Wednesday, November 26th. Weiss Ratings restated a “hold (c)” rating on shares of WD-40 in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, WD-40 presently has a consensus rating of “Moderate Buy” and an average price target of $300.00.

Insiders Place Their Bets

In related news, Director David Pendarvis bought 424 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were bought at an average price of $247.15 per share, for a total transaction of $104,791.60. Following the completion of the purchase, the director directly owned 6,898 shares of the company’s stock, valued at approximately $1,704,840.70. This trade represents a 6.55% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.78% of the stock is currently owned by insiders.

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.