DA Davidson Has Optimistic Outlook of WD-40 FY2026 Earnings

WD-40 (NASDAQ:WDFC) – Analysts at DA Davidson boosted their FY2026 EPS estimates for shares of WD-40 in a research note issued to investors on Wednesday, January 22nd. DA Davidson analyst L. Weiser now expects that the specialty chemicals company will post earnings of $5.94 per share for the year, up from their prior forecast of $5.93. DA Davidson has a “Buy” rating and a $322.00 price objective on the stock. The consensus estimate for WD-40’s current full-year earnings is $5.36 per share.

WD-40 (NASDAQ:WDFC) last issued its quarterly earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.10. WD-40 had a net margin of 11.78% and a return on equity of 31.68%. The firm had revenue of $153.30 million during the quarter, compared to the consensus estimate of $147.40 million. During the same period in the prior year, the firm earned $1.28 EPS. The business’s revenue was up 9.2% on a year-over-year basis.

Separately, Jefferies Financial Group lifted their price target on WD-40 from $250.00 to $280.00 and gave the company a “hold” rating in a report on Friday, October 18th.

WD-40 Stock Down 1.3 %

Shares of NASDAQ:WDFC opened at $230.47 on Thursday. The company has a market capitalization of $3.12 billion, a PE ratio of 44.20 and a beta of -0.04. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.75 and a current ratio of 2.44. WD-40 has a 52 week low of $211.03 and a 52 week high of $292.36. The company’s fifty day moving average is $257.97 and its 200-day moving average is $257.35.

WD-40 Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be paid a $0.94 dividend. This is a boost from WD-40’s previous quarterly dividend of $0.88. This represents a $3.76 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Friday, January 17th. WD-40’s dividend payout ratio (DPR) is 72.03%.

Insider Transactions at WD-40

In related news, Director William B. Noble sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $289.70, for a total value of $289,700.00. Following the transaction, the director now owns 7,999 shares in the company, valued at $2,317,310.30. This trade represents a 11.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.75% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC bought a new stake in shares of WD-40 during the third quarter worth approximately $29,000. Covestor Ltd increased its stake in shares of WD-40 by 41.3% in the 3rd quarter. Covestor Ltd now owns 226 shares of the specialty chemicals company’s stock valued at $58,000 after acquiring an additional 66 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of WD-40 by 34.9% in the 3rd quarter. GAMMA Investing LLC now owns 325 shares of the specialty chemicals company’s stock valued at $84,000 after acquiring an additional 84 shares during the last quarter. Blue Trust Inc. raised its holdings in WD-40 by 28.9% in the third quarter. Blue Trust Inc. now owns 393 shares of the specialty chemicals company’s stock worth $101,000 after purchasing an additional 88 shares during the period. Finally, KBC Group NV raised its stake in WD-40 by 28.6% during the 3rd quarter. KBC Group NV now owns 445 shares of the specialty chemicals company’s stock worth $115,000 after buying an additional 99 shares during the period. 91.52% of the stock is currently owned by institutional investors and hedge funds.

WD-40 Company Profile

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.