WD-40 (NASDAQ:WDFC) Announces Quarterly Earnings Results, Beats Estimates By $0.11 EPS

WD-40 (NASDAQ:WDFC) issued its quarterly earnings results on Thursday. The specialty chemicals company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.39 by $0.11, FiscalAI reports. WD-40 had a return on equity of 30.40% and a net margin of 12.57%.The firm had revenue of $161.67 million during the quarter, compared to analysts’ expectations of $154.90 million. During the same period in the prior year, the firm posted $1.32 earnings per share. The business’s quarterly revenue was up 10.7% compared to the same quarter last year.

WD-40 Price Performance

NASDAQ:WDFC opened at $214.01 on Friday. The company has a quick ratio of 2.05, a current ratio of 2.97 and a debt-to-equity ratio of 0.32. The stock’s 50 day moving average price is $228.33 and its two-hundred day moving average price is $209.48. The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of 36.40 and a beta of 0.25. WD-40 has a 12-month low of $175.38 and a 12-month high of $253.24.

WD-40 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, April 17th will be paid a $1.02 dividend. The ex-dividend date is Friday, April 17th. This represents a $4.08 annualized dividend and a yield of 1.9%. WD-40’s dividend payout ratio is currently 62.10%.

Insider Transactions at WD-40

In other WD-40 news, Director David Pendarvis acquired 424 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were purchased at an average price of $247.15 per share, for a total transaction of $104,791.60. Following the completion of the purchase, the director directly owned 6,898 shares of the company’s stock, valued at approximately $1,704,840.70. This represents a 6.55% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.78% of the stock is owned by corporate insiders.

Institutional Trading of WD-40

Several institutional investors and hedge funds have recently bought and sold shares of WDFC. Balyasny Asset Management L.P. bought a new stake in WD-40 in the fourth quarter valued at approximately $29,291,000. First Trust Advisors LP increased its stake in shares of WD-40 by 62.5% during the fourth quarter. First Trust Advisors LP now owns 289,954 shares of the specialty chemicals company’s stock worth $57,092,000 after purchasing an additional 111,559 shares during the period. Squarepoint Ops LLC bought a new position in shares of WD-40 during the third quarter worth approximately $13,817,000. Ameriprise Financial Inc. increased its stake in shares of WD-40 by 24.4% during the second 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 period. Finally, Alliancebernstein L.P. increased its stake in shares of WD-40 by 11.9% during the second quarter. Alliancebernstein L.P. now owns 501,405 shares of the specialty chemicals company’s stock worth $114,365,000 after purchasing an additional 53,225 shares during the period. Institutional investors own 91.52% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on WDFC. William Blair began coverage on WD-40 in a research report on Monday, April 6th. They set an “outperform” rating for the company. Weiss Ratings reissued a “hold (c)” rating on shares of WD-40 in a research report on Wednesday, January 21st. Finally, DA Davidson reduced their price target on WD-40 from $300.00 to $270.00 and set a “buy” rating for the company in a research report on Friday. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, WD-40 currently has a consensus rating of “Moderate Buy” and an average price target of $270.00.

More WD-40 News

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

• Positive Sentiment: Strong cash generation, dividend track record and accelerating buybacks support the long‑term case; MarketBeat highlights institutional accumulation and management’s plan to exhaust the current repurchase authorization in 2026, which can underpin shareholder returns. Read More.
• Positive Sentiment: DA Davidson trimmed its price target from $300 to $270 but kept a Buy rating — that reduces upside expectations but preserves sell‑side endorsement that can stabilize demand. Read More.
• Neutral Sentiment: Q2 results: revenue of $161.7M (+10.7% YoY) beat estimates and gross profit improved; operating cash flow rose strongly—signals of business resiliency even as profit dynamics shift. Read More.
• Negative Sentiment: FY2026 guidance was provided at EPS $5.75–6.15 (consensus ~6.06) and revenue $630–655M (consensus ~650.4M); the midpoint is modestly below forecasts, which is the primary near‑term negative driver for the stock. Read More.
• Negative Sentiment: Profitability pressure: net income and diluted EPS declined sharply YoY (EPS down ~31% YoY) despite the beats—investors are focused on rising costs and margin dynamics flagged on the earnings call. Read More.
• Negative Sentiment: Analyst caution and downgrade risk: commentary such as Seeking Alpha’s note about downgrade risk is amplifying bearish sentiment and may accelerate selling if guidance or margins are re‑seen as deteriorating. Read More.

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.