What is DA Davidson’s Forecast for WD-40 FY2026 Earnings?

WD-40 (NASDAQ:WDFC) – Stock analysts at DA Davidson upped their FY2026 earnings per share (EPS) estimates for WD-40 in a research note issued to investors on Wednesday, January 22nd. DA Davidson analyst L. Weiser now anticipates that the specialty chemicals company will post earnings per share of $5.94 for the year, up from their previous estimate of $5.93. DA Davidson currently has a “Buy” rating and a $322.00 target price on the stock. The consensus estimate for WD-40’s current full-year earnings is $5.36 per share.

Separately, Jefferies Financial Group increased their price objective on WD-40 from $250.00 to $280.00 and gave the company a “hold” rating in a research note on Friday, October 18th.

WD-40 Stock Up 0.8 %

Shares of NASDAQ WDFC opened at $233.09 on Thursday. The stock has a market cap of $3.16 billion, a P/E ratio of 44.65 and a beta of -0.04. The company has a current ratio of 2.44, a quick ratio of 1.75 and a debt-to-equity ratio of 0.37. WD-40 has a 12-month low of $211.03 and a 12-month high of $292.36. The business’s fifty day simple moving average is $254.96 and its 200-day simple moving average is $257.08.

WD-40 (NASDAQ:WDFC) last announced its quarterly earnings data on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.10. The business had revenue of $153.30 million for the quarter, compared to analysts’ expectations of $147.40 million. WD-40 had a return on equity of 31.68% and a net margin of 11.78%. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period last year, the firm earned $1.28 earnings per share.

WD-40 Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a $0.94 dividend. This represents a $3.76 annualized dividend and a yield of 1.61%. The ex-dividend date is Friday, January 17th. This is a positive change from WD-40’s previous quarterly dividend of $0.88. WD-40’s dividend payout ratio is 72.03%.

Insider Activity at WD-40

In related news, Director William B. Noble sold 1,000 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $289.70, for a total value of $289,700.00. Following the transaction, the director now owns 7,999 shares of the company’s stock, valued at $2,317,310.30. This represents a 11.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.75% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On WD-40

Large investors have recently bought and sold shares of the business. V Square Quantitative Management LLC purchased a new position in shares of WD-40 during the third quarter worth about $29,000. Covestor Ltd grew its holdings in shares of WD-40 by 41.3% during the third quarter. Covestor Ltd now owns 226 shares of the specialty chemicals company’s stock worth $58,000 after purchasing an additional 66 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of WD-40 by 34.9% during the third quarter. GAMMA Investing LLC now owns 325 shares of the specialty chemicals company’s stock worth $84,000 after purchasing an additional 84 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of WD-40 by 28.9% during the third quarter. Blue Trust Inc. now owns 393 shares of the specialty chemicals company’s stock worth $101,000 after purchasing an additional 88 shares during the last quarter. Finally, KBC Group NV grew its holdings in shares of WD-40 by 28.6% during the third quarter. KBC Group NV now owns 445 shares of the specialty chemicals company’s stock worth $115,000 after purchasing an additional 99 shares during the last quarter. Hedge funds and other institutional investors own 91.52% of the company’s stock.

About WD-40

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.