WD-40 Company $WDFC Shares Bought by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL raised its position in WD-40 Company (NASDAQ:WDFC) by 138.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,674 shares of the specialty chemicals company’s stock after purchasing an additional 23,626 shares during the period. Tudor Investment Corp ET AL owned 0.30% of WD-40 worth $8,037,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of WDFC. Alliancebernstein L.P. grew its stake in shares of WD-40 by 6.4% during the third quarter. Alliancebernstein L.P. now owns 533,738 shares of the specialty chemicals company’s stock worth $105,467,000 after purchasing an additional 32,333 shares in the last quarter. Ameriprise Financial Inc. raised its stake in WD-40 by 24.4% in the second quarter. Ameriprise Financial Inc. now owns 333,505 shares of the specialty chemicals company’s stock valued at $76,069,000 after buying an additional 65,423 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in WD-40 by 1.9% in the third quarter. Dimensional Fund Advisors LP now owns 284,095 shares of the specialty chemicals company’s stock valued at $56,135,000 after buying an additional 5,173 shares in the last quarter. Geneva Capital Management LLC lifted its holdings in WD-40 by 0.3% during the 3rd quarter. Geneva Capital Management LLC now owns 264,136 shares of the specialty chemicals company’s stock worth $52,193,000 after buying an additional 835 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in WD-40 by 110.1% during the 3rd quarter. First Trust Advisors LP now owns 178,395 shares of the specialty chemicals company’s stock worth $35,251,000 after buying an additional 93,502 shares during the last quarter. 91.52% of the stock is currently owned by institutional investors and hedge funds.

WD-40 Price Performance

Shares of NASDAQ:WDFC opened at $215.67 on Tuesday. WD-40 Company has a 12 month low of $175.38 and a 12 month high of $253.48. The firm has a market capitalization of $2.91 billion, a P/E ratio of 32.83 and a beta of 0.17. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.97 and a quick ratio of 2.05. The company’s fifty day moving average price is $228.99 and its 200 day moving average price is $209.61.

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

WD-40 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, April 17th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, April 17th. WD-40’s dividend payout ratio (DPR) is currently 62.10%.

Wall Street Analyst Weigh In

WDFC has been the topic of a number of recent analyst reports. 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 research note on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $300.00.

Insider Buying and Selling

In other news, Director David Pendarvis purchased 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, with a total value of $104,791.60. Following the completion of the transaction, the director directly owned 6,898 shares in the company, valued at approximately $1,704,840.70. This represents a 6.55% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.78% of the stock is currently owned by company insiders.

About WD-40

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.