Tudor Investment Corp ET AL Grows Holdings in WD-40 Company $WDFC

Tudor Investment Corp ET AL increased its holdings in shares of WD-40 Company (NASDAQ:WDFC) by 138.6% in the third quarter, Holdings Channel reports. The firm owned 40,674 shares of the specialty chemicals company’s stock after buying an additional 23,626 shares during the quarter. Tudor Investment Corp ET AL’s holdings in WD-40 were worth $8,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Vest Financial LLC boosted its stake in shares of WD-40 by 164.9% during the third quarter. Vest Financial LLC now owns 11,876 shares of the specialty chemicals company’s stock worth $2,347,000 after buying an additional 7,393 shares during the period. Inceptionr LLC grew its holdings in shares of WD-40 by 160.7% during the second quarter. Inceptionr LLC now owns 2,711 shares of the specialty chemicals company’s stock worth $618,000 after buying an additional 1,671 shares during the last quarter. Jefferies Financial Group Inc. increased its position in WD-40 by 111.3% in the 3rd quarter. Jefferies Financial Group Inc. now owns 21,017 shares of the specialty chemicals company’s stock valued at $4,153,000 after acquiring an additional 11,070 shares during the period. Walleye Capital LLC purchased a new stake in WD-40 during the 2nd quarter valued at approximately $5,695,000. Finally, TrueMark Investments LLC raised its stake in WD-40 by 151.6% during the 3rd quarter. TrueMark Investments LLC now owns 13,879 shares of the specialty chemicals company’s stock valued at $2,742,000 after acquiring an additional 8,363 shares during the last quarter. 91.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have weighed in on WDFC shares. DA Davidson set a $300.00 price objective on WD-40 in a research report on Wednesday, November 26th. Weiss Ratings restated a “hold (c)” rating on shares of WD-40 in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $300.00.

WD-40 Stock Up 0.9%

Shares of NASDAQ:WDFC opened at $215.67 on Tuesday. WD-40 Company has a fifty-two week low of $175.38 and a fifty-two week high of $253.48. The company has a quick ratio of 2.05, a current ratio of 2.97 and a debt-to-equity ratio of 0.32. The firm’s 50-day simple moving average is $228.99 and its 200-day simple moving average is $209.61. The company has a market cap of $2.91 billion, a price-to-earnings ratio of 32.83 and a beta of 0.17.

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

WD-40 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, April 17th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, April 17th. WD-40’s dividend payout ratio is 62.10%.

Insider Activity at WD-40

In other WD-40 news, Director David Pendarvis purchased 424 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were purchased at an average cost of $247.15 per share, for a total transaction of $104,791.60. Following the completion of the purchase, the director directly owned 6,898 shares in the company, valued at $1,704,840.70. This represents a 6.55% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.78% of the stock is owned by corporate insiders.

WD-40 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.