WD-40 (NASDAQ:WDFC) Upgraded at DA Davidson

DA Davidson upgraded shares of WD-40 (NASDAQ:WDFC) to a strong-buy rating in a report published on Monday,Zacks.com reports. DA Davidson also issued estimates for WD-40’s Q3 2025 earnings at $1.42 EPS, FY2025 earnings at $5.54 EPS and FY2026 earnings at $5.94 EPS.

WD-40 Stock Performance

NASDAQ:WDFC opened at $217.68 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.44 and a quick ratio of 1.75. The company has a market capitalization of $2.95 billion, a P/E ratio of 41.70 and a beta of 0.03. WD-40 has a 1 year low of $208.00 and a 1 year high of $292.36. The business has a fifty day simple moving average of $234.90 and a two-hundred day simple moving average of $249.33.

WD-40 (NASDAQ:WDFC) last issued its earnings results on Tuesday, April 8th. The specialty chemicals company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.05. The firm had revenue of $146.10 million during the quarter, compared to analyst estimates of $154.40 million. WD-40 had a net margin of 11.78% and a return on equity of 31.68%. The company’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the business earned $1.14 earnings per share. On average, analysts expect that WD-40 will post 5.42 earnings per share for the current year.

WD-40 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 18th will be paid a dividend of $0.94 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.73%. WD-40’s payout ratio is 59.97%.

Insider Buying and Selling

In other news, CFO Sara Kathleen Hyzer purchased 256 shares of the business’s stock in a transaction on Friday, April 11th. The stock was purchased at an average cost of $222.83 per share, with a total value of $57,044.48. Following the acquisition, the chief financial officer now directly owns 4,072 shares in the company, valued at approximately $907,363.76. This trade represents a 6.71 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.75% of the stock is currently owned by insiders.

Institutional Investors Weigh In On WD-40

Several large investors have recently added to or reduced their stakes in the business. D.A. Davidson & CO. lifted its position in WD-40 by 6.3% during the fourth quarter. D.A. Davidson & CO. now owns 845 shares of the specialty chemicals company’s stock valued at $205,000 after purchasing an additional 50 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of WD-40 by 0.9% during the 4th quarter. HighTower Advisors LLC now owns 6,697 shares of the specialty chemicals company’s stock valued at $1,625,000 after buying an additional 57 shares in the last quarter. Inspire Investing LLC lifted its position in WD-40 by 3.8% in the 4th quarter. Inspire Investing LLC now owns 1,658 shares of the specialty chemicals company’s stock worth $402,000 after buying an additional 61 shares during the last quarter. Truist Financial Corp grew its position in WD-40 by 2.4% during the fourth quarter. Truist Financial Corp now owns 2,662 shares of the specialty chemicals company’s stock valued at $646,000 after acquiring an additional 62 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of WD-40 by 0.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,111 shares of the specialty chemicals company’s stock valued at $2,454,000 after purchasing an additional 68 shares in the last quarter. Institutional investors own 91.52% of the company’s stock.

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.