WD-40 (NASDAQ:WDFC) Issues FY 2026 Earnings Guidance

WD-40 (NASDAQ:WDFC) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 5.750-6.150 for the period, compared to the consensus earnings per share estimate of 6.040. The company issued revenue guidance of $630.0 million-$655.0 million, compared to the consensus revenue estimate of $649.3 million.

WD-40 Stock Up 2.3%

WD-40 stock traded up $4.52 during midday trading on Thursday, hitting $203.50. 275,801 shares of the company’s stock were exchanged, compared to its average volume of 164,129. WD-40 has a 12 month low of $186.19 and a 12 month high of $253.48. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.01 and a current ratio of 2.79. The company has a market cap of $2.75 billion, a PE ratio of 30.46 and a beta of 0.15. The firm has a 50-day moving average of $197.82 and a two-hundred day moving average of $207.89.

WD-40 (NASDAQ:WDFC) last released its quarterly earnings data on Thursday, January 8th. The specialty chemicals company reported $1.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.36 by ($0.18). The business had revenue of $154.42 million for the quarter, compared to the consensus estimate of $155.10 million. WD-40 had a net margin of 14.68% and a return on equity of 31.84%. WD-40 has set its FY 2026 guidance at 5.750-6.150 EPS. As a group, analysts expect that WD-40 will post 5.42 earnings per share for the current fiscal year.

WD-40 Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be issued a $1.02 dividend. This is a boost from WD-40’s previous quarterly dividend of $0.94. This represents a $4.08 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, January 16th. WD-40’s dividend payout ratio is presently 61.08%.

Wall Street Analysts Forecast Growth

WDFC has been the topic of a number of analyst reports. DA Davidson set a $300.00 price objective on shares of WD-40 in a research report on Wednesday, November 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of WD-40 in a report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, WD-40 presently has an average rating of “Moderate Buy” and an average target price of $300.00.

Insider Buying and Selling

In related news, CEO Steven A. Brass purchased 362 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, with a total value of $72,566.52. Following the completion of the acquisition, the chief executive officer owned 33,761 shares in the company, valued at approximately $6,767,730.06. This represents a 1.08% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Sara Kathleen Hyzer acquired 200 shares of the stock in a transaction dated Tuesday, October 28th. The shares were bought at an average price of $200.46 per share, with a total value of $40,092.00. Following the completion of the purchase, the chief financial officer directly owned 5,935 shares of the company’s stock, valued at approximately $1,189,730.10. This trade represents a 3.49% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 2,640 shares of company stock worth $522,765 over the last ninety days. Company insiders own 0.78% of the company’s stock.

Institutional Trading of WD-40

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP lifted its holdings in shares of WD-40 by 1,462.5% during the third quarter. Quarry LP now owns 125 shares of the specialty chemicals company’s stock worth $25,000 after purchasing an additional 117 shares during the period. EverSource Wealth Advisors LLC raised its position in WD-40 by 207.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 157 shares of the specialty chemicals company’s stock worth $36,000 after buying an additional 106 shares during the last quarter. Brown Brothers Harriman & Co. raised its position in WD-40 by 400.0% during the 3rd 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 last quarter. Parallel Advisors LLC lifted its stake in WD-40 by 195.4% during the 3rd quarter. Parallel Advisors LLC now owns 257 shares of the specialty chemicals company’s stock valued at $51,000 after acquiring an additional 170 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in shares of WD-40 in the 3rd quarter valued at $94,000. Institutional investors and hedge funds own 91.52% 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.