WD-40 (NASDAQ:WDFC) Trading Down 5% – Should You Sell?

WD-40 Company (NASDAQ:WDFC) fell 5% during mid-day trading on Friday . The stock traded as low as $241.11 and last traded at $240.2390. 86,176 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 202,790 shares. The stock had previously closed at $252.96.

Analyst Ratings Changes

Several research analysts have recently weighed in on WDFC shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of WD-40 in a report on Wednesday, January 21st. DA Davidson set a $300.00 target price on WD-40 in a research note on Wednesday, November 26th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, WD-40 has a consensus rating of “Moderate Buy” and an average price target of $300.00.

WD-40 Price Performance

The company has a current ratio of 2.97, a quick ratio of 2.05 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $3.22 billion, a PE ratio of 36.30 and a beta of 0.18. The business has a fifty day moving average price of $205.78 and a 200-day moving average price of $205.89.

WD-40 (NASDAQ:WDFC) last released its earnings results on Thursday, January 8th. The specialty chemicals company reported $1.28 earnings per share for the quarter, missing analysts’ consensus estimates of $1.45 by ($0.17). The firm 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.39 EPS. WD-40 has set its FY 2026 guidance at 5.750-6.150 EPS. Research analysts expect that WD-40 Company will post 5.42 EPS for the current fiscal year.

WD-40 Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 16th were paid a $1.02 dividend. This is a positive change from WD-40’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend 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 is currently 62.10%.

Institutional Trading of WD-40

Hedge funds have recently added to or reduced their stakes in the business. Covestor Ltd grew its stake in shares of WD-40 by 9.8% during the fourth quarter. Covestor Ltd now owns 549 shares of the specialty chemicals company’s stock valued at $108,000 after buying an additional 49 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of WD-40 by 1.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,050 shares of the specialty chemicals company’s stock valued at $601,000 after acquiring an additional 50 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in WD-40 by 3.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,865 shares of the specialty chemicals company’s stock valued at $362,000 after acquiring an additional 56 shares during the period. Smartleaf Asset Management LLC grew its position in WD-40 by 6.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 953 shares of the specialty chemicals company’s stock worth $186,000 after acquiring an additional 56 shares during the last quarter. Finally, Allworth Financial LP increased its stake in WD-40 by 4.4% in the 3rd quarter. Allworth Financial LP now owns 1,317 shares of the specialty chemicals company’s stock worth $260,000 after purchasing an additional 56 shares during the period. 91.52% of the stock is owned by institutional investors.

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.