Jefferies Financial Group Inc. Grows Holdings in WD-40 Company $WDFC

Jefferies Financial Group Inc. grew its stake in shares of WD-40 Company (NASDAQ:WDFC) by 111.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,017 shares of the specialty chemicals company’s stock after buying an additional 11,070 shares during the quarter. Jefferies Financial Group Inc. owned 0.16% of WD-40 worth $4,153,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC lifted its stake in WD-40 by 3.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,865 shares of the specialty chemicals company’s stock worth $362,000 after purchasing an additional 56 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of WD-40 by 6.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 953 shares of the specialty chemicals company’s stock valued at $186,000 after buying an additional 56 shares in the last quarter. Amalgamated Bank lifted its position in WD-40 by 1.8% in the 3rd quarter. Amalgamated Bank now owns 3,925 shares of the specialty chemicals company’s stock worth $776,000 after buying an additional 68 shares during the last quarter. Bank of Montreal Can boosted its stake in WD-40 by 2.8% in the second quarter. Bank of Montreal Can now owns 2,672 shares of the specialty chemicals company’s stock worth $609,000 after buying an additional 74 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in WD-40 by 3.2% in the second quarter. PNC Financial Services Group Inc. now owns 2,485 shares of the specialty chemicals company’s stock worth $567,000 after buying an additional 78 shares in the last quarter. 91.52% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at WD-40

In other news, Director David Pendarvis purchased 424 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were acquired at an average price of $247.15 per share, with a total value of $104,791.60. Following the acquisition, the director directly owned 6,898 shares in the company, valued at approximately $1,704,840.70. The trade was a 6.55% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.78% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have commented on WDFC. Weiss Ratings reissued a “hold (c)” rating on shares of WD-40 in a research note on Wednesday, January 21st. DA Davidson set a $300.00 price objective on shares of 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 company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $300.00.

WD-40 Price Performance

WDFC opened at $228.76 on Wednesday. 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 stock’s 50 day simple moving average is $224.51 and its 200 day simple moving average is $209.32. The firm has a market cap of $3.09 billion, a price-to-earnings ratio of 34.82 and a beta of 0.17. WD-40 Company has a 1 year low of $175.38 and a 1 year high of $253.48.

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

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.