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

WD-40 (NASDAQ:WDFC) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.050-6.350 for the period, compared to the consensus EPS estimate of 5.990. The company issued revenue guidance of $675.0 million-$690.0 million, compared to the consensus revenue estimate of $660.3 million.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on WDFC. Weiss Ratings lowered WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 26th. DA Davidson dropped their price target on WD-40 from $300.00 to $270.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Northcoast Research upgraded WD-40 to a “strong-buy” rating in a research note on Wednesday, June 24th. Finally, William Blair began coverage on shares of WD-40 in a research report on Monday, April 6th. They set an “outperform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $270.00.

WD-40 Stock Down 2.9%

NASDAQ:WDFC traded down $7.17 during trading hours on Thursday, reaching $239.42. 286,978 shares of the company traded hands, compared to its average volume of 176,288. The business’s 50-day moving average price is $218.43 and its two-hundred day moving average price is $218.65. The stock has a market capitalization of $3.22 billion, a P/E ratio of 40.72 and a beta of 0.26. WD-40 has a 1 year low of $175.38 and a 1 year high of $253.24. The company has a current ratio of 2.83, a quick ratio of 1.98 and a debt-to-equity ratio of 0.32.

WD-40 (NASDAQ:WDFC) last posted its earnings results on Thursday, July 9th. The specialty chemicals company reported $2.33 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.75. WD-40 had a return on equity of 30.23% and a net margin of 12.57%.The business had revenue of $195.12 million during the quarter, compared to analyst estimates of $172.79 million. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. Analysts predict that WD-40 will post 5.99 earnings per share for the current year.

WD-40 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, July 17th. WD-40’s dividend payout ratio (DPR) is 69.39%.

Hedge Funds Weigh In On WD-40

Several institutional investors have recently made changes to their positions in WDFC. Corient Private Wealth LLC boosted its stake in shares of WD-40 by 68.0% in the fourth quarter. Corient Private Wealth LLC now owns 10,518 shares of the specialty chemicals company’s stock worth $2,070,000 after acquiring an additional 4,257 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in WD-40 by 76.3% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 1,946 shares of the specialty chemicals company’s stock valued at $383,000 after purchasing an additional 842 shares during the period. NewEdge Advisors LLC lifted its holdings in WD-40 by 91.0% in the 4th quarter. NewEdge Advisors LLC now owns 2,815 shares of the specialty chemicals company’s stock worth $554,000 after purchasing an additional 1,341 shares in the last quarter. Empowered Funds LLC purchased a new position in WD-40 in the 4th quarter worth approximately $291,000. Finally, Inspire Investing LLC boosted its stake in WD-40 by 3.5% in the 4th quarter. Inspire Investing LLC now owns 2,366 shares of the specialty chemicals company’s stock worth $466,000 after purchasing an additional 81 shares during the period. Institutional investors 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.