Conestoga Capital Advisors LLC Sells 8,545 Shares of WD-40 Company $WDFC

Conestoga Capital Advisors LLC lessened its stake in shares of WD-40 Company (NASDAQ:WDFC) by 2.7% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 310,604 shares of the specialty chemicals company’s stock after selling 8,545 shares during the quarter. Conestoga Capital Advisors LLC owned about 2.29% of WD-40 worth $61,375,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Alliancebernstein L.P. raised its holdings in WD-40 by 11.9% in the 2nd quarter. Alliancebernstein L.P. now owns 501,405 shares of the specialty chemicals company’s stock valued at $114,365,000 after acquiring an additional 53,225 shares during the period. Geode Capital Management LLC increased its stake in shares of WD-40 by 1.4% during the second quarter. Geode Capital Management LLC now owns 399,186 shares of the specialty chemicals company’s stock worth $91,059,000 after purchasing an additional 5,621 shares during the period. Ameriprise Financial Inc. lifted its holdings in WD-40 by 24.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 333,505 shares of the specialty chemicals company’s stock worth $76,069,000 after purchasing an additional 65,423 shares during the last quarter. Geneva Capital Management LLC boosted its stake in WD-40 by 6.1% in the 2nd quarter. Geneva Capital Management LLC now owns 263,301 shares of the specialty chemicals company’s stock valued at $60,056,000 after purchasing an additional 15,104 shares during the period. Finally, Norges Bank acquired a new position in WD-40 in the 2nd quarter valued at $36,563,000. Institutional investors own 91.52% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. DA Davidson set a $300.00 target price on WD-40 in a report on Wednesday, November 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of WD-40 in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, WD-40 presently has a consensus rating of “Moderate Buy” and a consensus target price of $300.00.

WD-40 Stock Performance

WDFC opened at $190.00 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.05 and a current ratio of 2.97. WD-40 Company has a 52-week low of $175.38 and a 52-week high of $253.48. The firm has a market cap of $2.56 billion, a P/E ratio of 28.92 and a beta of 0.15. The business’s fifty day moving average is $197.93 and its 200-day moving average is $207.20.

WD-40 (NASDAQ:WDFC) last announced its quarterly earnings data on Thursday, January 8th. The specialty chemicals company reported $1.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.45 by ($0.17). WD-40 had a return on equity of 30.10% and a net margin of 14.42%.The firm had revenue of $154.42 million for the quarter, compared to analyst estimates of $155.10 million. During the same quarter in the previous year, the company earned $1.39 earnings per share. The company’s quarterly revenue was up .6% on a year-over-year basis. WD-40 has set its FY 2026 guidance at 5.750-6.150 EPS. Sell-side analysts expect that WD-40 Company will post 5.42 EPS for the current fiscal year.

WD-40 Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a dividend of $1.02 per share. This is an increase from WD-40’s previous quarterly dividend of $0.94. This represents a $4.08 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, January 16th. WD-40’s dividend payout ratio (DPR) is presently 57.23%.

More WD-40 News

Here are the key news stories impacting WD-40 this week:

• Positive Sentiment: Company increased its dividend versus last year, supporting income investors and underpinning total-return appeal. WD-40’s Shareholders Will Receive A Bigger Dividend Than Last Year
• Positive Sentiment: Insider buying activity (including CEO and CFO purchases) was highlighted in coverage, which can signal management confidence. QuiverQuant Q1 summary with insider activity
• Positive Sentiment: Some analysts/investor reports frame the sell-off as a buying opportunity, citing intact long-term growth, gross-margin expansion and continued buybacks that could support recovery. MarketBeat: 5 Reasons Bulls Aren’t Worried
• Neutral Sentiment: Management will present at the ICR Conference on Jan. 13 (webcast available) — a source for more color on growth initiatives and margin recovery expectations. WD-40 to Participate in the 2026 ICR Conference
• Negative Sentiment: Q1 results missed expectations: EPS of $1.28 (below consensus), revenue ~$154.4M (roughly flat year-over-year and slightly below estimates), operating profit and operating cash flow declined — the direct cause of the downward price move. The company reaffirmed FY2026 guidance (EPS 5.75–6.15) but the midpoint is a touch below some analyst estimates. WD-40 Reports First Quarter 2026 Financial Results
• Negative Sentiment: Shares hit a 52-week low and traded at elevated volume after the earnings release, signaling selling pressure and short-term sentiment deterioration. MSN: WD-40 shares hit 52-week low
• Negative Sentiment: Analyst commentary flagged profitability headwinds (higher SG&A tied to growth initiatives, softer segments in HCCP and Asia Pacific) and suggested recent weakness isn’t yet a buy signal for all investors. Seeking Alpha: Drop Doesn’t Justify An Upgrade

Insider Activity

In other WD-40 news, Director Eric Etchart acquired 500 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The stock was acquired at an average cost of $194.02 per share, for a total transaction of $97,010.00. Following the transaction, the director directly owned 8,370 shares in the company, valued at $1,623,947.40. This represents a 6.35% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Sara Kathleen Hyzer bought 200 shares of the firm’s stock in a transaction on Tuesday, October 28th. The stock was acquired at an average price of $200.46 per share, for a total transaction of $40,092.00. Following the transaction, the chief financial officer owned 5,935 shares of the company’s stock, valued at approximately $1,189,730.10. The trade was a 3.49% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders purchased 2,640 shares of company stock valued at $522,765. Corporate insiders own 0.78% of the company’s stock.

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.