Ensign Peak Advisors Inc Sells 1,310 Shares of WD-40 (NASDAQ:WDFC)

Ensign Peak Advisors Inc reduced its position in shares of WD-40 (NASDAQ:WDFC – Get Rating) by 24.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,144 shares of the specialty chemicals company’s stock after selling 1,310 shares during the period. Ensign Peak Advisors Inc’s holdings in WD-40 were worth $728,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. grew its holdings in shares of WD-40 by 1.2% during the first quarter. BlackRock Inc. now owns 2,125,850 shares of the specialty chemicals company’s stock worth $389,520,000 after purchasing an additional 25,648 shares during the last quarter. State Street Corp grew its holdings in shares of WD-40 by 0.7% during the second quarter. State Street Corp now owns 482,808 shares of the specialty chemicals company’s stock worth $97,218,000 after purchasing an additional 3,270 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of WD-40 by 8.4% during the third quarter. First Trust Advisors LP now owns 349,838 shares of the specialty chemicals company’s stock worth $61,480,000 after purchasing an additional 27,039 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in WD-40 by 7.5% in the second quarter. Principal Financial Group Inc. now owns 250,675 shares of the specialty chemicals company’s stock valued at $50,476,000 after acquiring an additional 17,465 shares during the last quarter. Finally, Geneva Capital Management LLC boosted its holdings in WD-40 by 3.9% in the third quarter. Geneva Capital Management LLC now owns 178,242 shares of the specialty chemicals company’s stock valued at $31,325,000 after acquiring an additional 6,675 shares during the last quarter. 92.24% of the stock is currently owned by institutional investors.

WD-40 Stock Performance

Shares of WDFC stock opened at $170.43 on Tuesday. The business’s 50 day simple moving average is $172.47 and its 200 day simple moving average is $172.35. WD-40 has a one year low of $145.16 and a one year high of $209.64. The stock has a market capitalization of $2.32 billion, a PE ratio of 37.21 and a beta of -0.17. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.25 and a quick ratio of 1.20.

WD-40 (NASDAQ:WDFC – Get Rating) last announced its earnings results on Monday, January 9th. The specialty chemicals company reported $1.02 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.07). WD-40 had a net margin of 12.33% and a return on equity of 32.44%. The company had revenue of $124.89 million during the quarter, compared to the consensus estimate of $140.70 million. During the same quarter in the previous year, the company earned $1.34 earnings per share. The business’s revenue was down 7.3% on a year-over-year basis. As a group, research analysts forecast that WD-40 will post 5.19 earnings per share for the current year.

Insider Activity at WD-40

In other WD-40 news, CEO Steven A. Brass purchased 586 shares of the business’s stock in a transaction on Wednesday, January 18th. The shares were purchased at an average cost of $170.57 per share, for a total transaction of $99,954.02. Following the acquisition, the chief executive officer now owns 15,975 shares of the company’s stock, valued at $2,724,855.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other WD-40 news, CEO Steven A. Brass purchased 586 shares of the business’s stock in a transaction on Wednesday, January 18th. The shares were purchased at an average cost of $170.57 per share, for a total transaction of $99,954.02. Following the acquisition, the chief executive officer now owns 15,975 shares of the company’s stock, valued at $2,724,855.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Patricia Q. Olsem sold 438 shares of the stock in a transaction that occurred on Thursday, February 2nd. The stock was sold at an average price of $180.00, for a total value of $78,840.00. Following the transaction, the insider now owns 2,743 shares in the company, valued at $493,740. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

WD-40 Profile

(Get Rating)

WD-40 Co engages in developing and selling products that solve problems in workshops, factories, and homes. The firm operates through the following geographical segments: Americas, Europe, Middle East, and Africa (EMEA), and Asia-Pacific. Its product brands include WD-40 multi-use product, WD-40 specialist, 3-in-one, GT85, X-14, 2000 flushes, carpet fresh, no vac, spot shot, 1001, lava, and solvol.