Y Intercept Hong Kong Ltd Decreases Position in WD-40 Company $WDFC

Y Intercept Hong Kong Ltd decreased its holdings in WD-40 Company (NASDAQ:WDFC) by 57.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,518 shares of the specialty chemicals company’s stock after selling 4,800 shares during the period. Y Intercept Hong Kong Ltd’s holdings in WD-40 were worth $717,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of WD-40 by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 1,650,622 shares of the specialty chemicals company’s stock valued at $325,007,000 after acquiring an additional 47,528 shares in the last quarter. Alliancebernstein L.P. raised its position in WD-40 by 6.4% in the 3rd quarter. Alliancebernstein L.P. now owns 533,738 shares of the specialty chemicals company’s stock valued at $105,467,000 after purchasing an additional 32,333 shares in the last quarter. Geode Capital Management LLC raised its position in WD-40 by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 405,117 shares of the specialty chemicals company’s stock valued at $79,778,000 after purchasing an additional 2,072 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of WD-40 by 24.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 333,505 shares of the specialty chemicals company’s stock valued at $76,069,000 after buying an additional 65,423 shares during the period. Finally, First Trust Advisors LP boosted its stake in shares of WD-40 by 62.5% in the 4th quarter. First Trust Advisors LP now owns 289,954 shares of the specialty chemicals company’s stock valued at $57,092,000 after buying an additional 111,559 shares during the period. Institutional investors and hedge funds own 91.52% of the company’s stock.

Key WD-40 News

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

• Positive Sentiment: WD-40 reported fiscal Q3 EPS of $2.33, easily topping the $1.58 consensus, while revenue rose 24.3% year over year to $195.1 million, also above expectations. WD-40 Company Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Management raised FY 2026 guidance, now expecting adjusted EPS of $6.05 to $6.35 and net sales of $675 million to $690 million, signaling stronger-than-expected business momentum. WD-40 Company Reports Third Quarter 2026 Financial Results
• Positive Sentiment: The company also announced a new $100 million share repurchase authorization, which investors often view as a sign of confidence in future cash flow. WD-40 Company Reports Third Quarter 2026 Financial Results
• Neutral Sentiment: Analysts reacted positively as DA Davidson raised its price target to $305 from $270 and reiterated a buy rating, adding to the upbeat tone around the stock. Benzinga

WD-40 Price Performance

Shares of NASDAQ WDFC opened at $264.91 on Monday. The stock has a market cap of $3.56 billion, a P/E ratio of 40.26 and a beta of 0.26. WD-40 Company has a twelve month low of $175.38 and a twelve month high of $298.90. The stock has a 50 day moving average of $219.86 and a two-hundred day moving average of $219.35. The company has a current ratio of 2.65, a quick ratio of 1.95 and a debt-to-equity ratio of 0.31.

WD-40 (NASDAQ:WDFC) last announced its earnings results on Thursday, July 9th. The specialty chemicals company reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.75. The business had revenue of $195.12 million for the quarter, compared to analyst estimates of $172.79 million. WD-40 had a net margin of 13.23% and a return on equity of 33.53%. The company’s revenue for the quarter was up 24.3% compared to the same quarter last year. During the same period last year, the firm posted $1.54 earnings per share. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. On average, research analysts forecast that WD-40 Company will post 6.07 earnings per share for the current year.

WD-40 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, July 17th. WD-40’s dividend payout ratio (DPR) is presently 69.39%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on WDFC shares. William Blair initiated coverage on shares of WD-40 in a research note on Monday, April 6th. They set an “outperform” rating on the stock. DA Davidson boosted their price target on shares of WD-40 from $270.00 to $305.00 and gave the stock a “buy” rating in a report on Friday. Northcoast Research raised shares of WD-40 to a “strong-buy” rating in a research report on Wednesday, June 24th. Weiss Ratings cut shares of WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of WD-40 in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, WD-40 currently has an average rating of “Moderate Buy” and an average price target of $305.00.

WD-40 Company Profile

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.