One Wealth Advisors LLC Invests $1.71 Million in WD-40 Company $WDFC

One Wealth Advisors LLC bought a new position in WD-40 Company (NASDAQ:WDFC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,996 shares of the specialty chemicals company’s stock, valued at approximately $1,705,000. One Wealth Advisors LLC owned about 0.05% of WD-40 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of WDFC. Quarry LP increased its stake in WD-40 by 1,462.5% in the 3rd quarter. Quarry LP now owns 125 shares of the specialty chemicals company’s stock worth $25,000 after purchasing an additional 117 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in WD-40 by 207.8% during the second quarter. EverSource Wealth Advisors LLC now owns 157 shares of the specialty chemicals company’s stock valued at $36,000 after buying an additional 106 shares in the last quarter. Brown Brothers Harriman & Co. boosted its holdings in shares of WD-40 by 400.0% in the third quarter. Brown Brothers Harriman & Co. now owns 215 shares of the specialty chemicals company’s stock worth $42,000 after buying an additional 172 shares during the period. Parallel Advisors LLC boosted its holdings in shares of WD-40 by 195.4% in the third quarter. Parallel Advisors LLC now owns 257 shares of the specialty chemicals company’s stock worth $51,000 after buying an additional 170 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of WD-40 by 243.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 278 shares of the specialty chemicals company’s stock worth $55,000 after acquiring an additional 197 shares in the last quarter. 91.52% of the stock is owned by hedge funds and other institutional investors.

WD-40 Price Performance

Shares of WDFC opened at $229.24 on Friday. The business’s 50-day moving average is $235.53 and its 200-day moving average is $225.24. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.65 and a quick ratio of 1.95. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 34.84 and a beta of 0.27. WD-40 Company has a fifty-two week low of $175.38 and a fifty-two week high of $298.90.

WD-40 (NASDAQ:WDFC) last posted its quarterly earnings results on Thursday, July 9th. The specialty chemicals company reported $2.33 EPS for the quarter, topping the consensus estimate of $1.58 by $0.75. WD-40 had a net margin of 13.23% and a return on equity of 33.53%. The business had revenue of $195.12 million during the quarter, compared to analysts’ expectations of $172.79 million. During the same period last year, the company posted $1.54 earnings per share. The firm’s quarterly revenue was up 24.3% compared to the same quarter last year. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. Equities research analysts expect that WD-40 Company will post 6.24 EPS for the current fiscal year.

WD-40 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Friday, July 17th were issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, July 17th. WD-40’s payout ratio is currently 62.01%.

Insider Buying and Selling at WD-40

In other news, insider Patricia Q. Olsem sold 300 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $233.73, for a total value of $70,119.00. Following the transaction, the insider directly owned 4,774 shares of the company’s stock, valued at approximately $1,115,827.02. This represents a 5.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.78% of the company’s stock.

Analyst Ratings Changes

WDFC has been the topic of a number of recent analyst reports. Northcoast Research upgraded shares of WD-40 to a “strong-buy” rating in a report on Wednesday, June 24th. Weiss Ratings lowered shares of WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 26th. Zacks Research upgraded shares of WD-40 from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 14th. DA Davidson boosted their target price on shares of WD-40 from $270.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Finally, Jefferies Financial Group restated a “hold” rating on shares of WD-40 in a report on Friday, July 10th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $305.00.

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.