WD-40 (NASDAQ:WDFC – Free Report) – Research analysts at DA Davidson issued their FY2025 earnings per share (EPS) estimates for WD-40 in a report released on Monday, April 14th. DA Davidson analyst M. Baker expects that the specialty chemicals company will post earnings of $5.54 per share for the year. DA Davidson has a “Strong-Buy” rating on the stock. The consensus estimate for WD-40’s current full-year earnings is $5.42 per share. DA Davidson also issued estimates for WD-40’s FY2026 earnings at $5.94 EPS.
WD-40 (NASDAQ:WDFC – Get Free Report) last released its quarterly earnings data on Tuesday, April 8th. The specialty chemicals company reported $1.32 EPS for the quarter, topping the consensus estimate of $1.27 by $0.05. WD-40 had a net margin of 11.78% and a return on equity of 31.68%. The business had revenue of $146.10 million for the quarter, compared to analyst estimates of $154.40 million. During the same period in the previous year, the firm earned $1.14 EPS. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year.
WD-40 Stock Down 1.6 %
Institutional Trading of WD-40
A number of hedge funds have recently bought and sold shares of the company. Barclays PLC lifted its stake in shares of WD-40 by 309.7% during the 3rd quarter. Barclays PLC now owns 37,094 shares of the specialty chemicals company’s stock worth $9,566,000 after purchasing an additional 28,039 shares during the period. Geode Capital Management LLC increased its stake in WD-40 by 3.5% in the third quarter. Geode Capital Management LLC now owns 378,115 shares of the specialty chemicals company’s stock valued at $97,524,000 after purchasing an additional 12,943 shares during the last quarter. Sanctuary Advisors LLC lifted its position in WD-40 by 30.4% during the third quarter. Sanctuary Advisors LLC now owns 1,881 shares of the specialty chemicals company’s stock worth $534,000 after buying an additional 438 shares during the period. Wilmington Savings Fund Society FSB lifted its position in WD-40 by 365.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 4,841 shares of the specialty chemicals company’s stock worth $1,248,000 after buying an additional 3,801 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in WD-40 by 24.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 53,950 shares of the specialty chemicals company’s stock worth $13,913,000 after buying an additional 10,711 shares during the last quarter. Institutional investors and hedge funds own 91.52% of the company’s stock.
Insiders Place Their Bets
In other news, CFO Sara Kathleen Hyzer acquired 256 shares of the business’s stock in a transaction dated Friday, April 11th. The stock was acquired at an average price of $222.83 per share, with a total value of $57,044.48. Following the completion of the transaction, the chief financial officer now directly owns 4,072 shares in the company, valued at approximately $907,363.76. This represents a 6.71 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.75% of the stock is currently owned by company insiders.
WD-40 Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be issued a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Thursday, April 17th. WD-40’s dividend payout ratio (DPR) is presently 59.97%.
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.
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