WD-40 (NASDAQ:WDFC) Updates 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 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 Performance

WD-40 stock opened at $190.00 on Friday. The company has a market cap of $2.57 billion, a PE ratio of 28.92 and a beta of 0.15. The company has a current ratio of 2.79, a quick ratio of 2.01 and a debt-to-equity ratio of 0.32. WD-40 has a 1 year low of $175.38 and a 1 year high of $253.48. The company’s 50-day moving average is $197.93 and its two-hundred day moving average is $207.53.

WD-40 (NASDAQ:WDFC) last posted its quarterly earnings results on Thursday, January 8th. The specialty chemicals company reported $1.28 earnings per share for the quarter, missing analysts’ consensus estimates of $1.45 by ($0.17). WD-40 had a return on equity of 30.35% and a net margin of 14.42%.The business had revenue of $154.42 million for the quarter, compared to the consensus estimate of $155.10 million. During the same period last year, the firm earned $1.39 earnings per share. The company’s quarterly revenue was up .6% on a year-over-year basis. WD-40 has set its FY 2026 guidance at 5.750-6.150 EPS. Equities analysts anticipate that WD-40 will post 5.42 earnings per share for the current year.

WD-40 Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be paid a $1.02 dividend. This is an increase from WD-40’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Friday, January 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.1%. WD-40’s dividend payout ratio (DPR) is currently 56.29%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. DA Davidson set a $300.00 price objective on WD-40 in a research note on Wednesday, November 26th. Weiss Ratings restated a “hold (c)” rating on shares of WD-40 in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, WD-40 currently has an average rating of “Moderate Buy” and a consensus target price of $300.00.

Insider Transactions at WD-40

In other WD-40 news, Director David Pendarvis bought 523 shares of the stock in a transaction that occurred on Thursday, October 30th. The stock was acquired at an average cost of $196.37 per share, with a total value of $102,701.51. Following the purchase, the director owned 5,862 shares in the company, valued at $1,151,120.94. This trade represents a 9.80% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Daniel T. Carter bought 1,000 shares of the company’s stock in a transaction on Monday, October 27th. The shares were bought at an average price of $199.37 per share, for a total transaction of $199,370.00. Following the completion of the acquisition, the director directly owned 7,205 shares in the company, valued at approximately $1,436,460.85. This trade represents a 16.12% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 2,640 shares of company stock valued at $522,765. Insiders own 0.78% of the company’s stock.

WD-40 News Summary

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

• Positive Sentiment: Company increased its dividend versus last year, supporting income investors and underpinning total-return appeal. WD-40’s Shareholders Will Receive A Bigger Dividend Than Last Year
• Positive Sentiment: Insider buying activity (including CEO and CFO purchases) was highlighted in coverage, which can signal management confidence. QuiverQuant Q1 summary with insider activity
• Positive Sentiment: Some analysts/investor reports frame the sell-off as a buying opportunity, citing intact long-term growth, gross-margin expansion and continued buybacks that could support recovery. MarketBeat: 5 Reasons Bulls Aren’t Worried
• Neutral Sentiment: Management will present at the ICR Conference on Jan. 13 (webcast available) — a source for more color on growth initiatives and margin recovery expectations. WD-40 to Participate in the 2026 ICR Conference
• Negative Sentiment: Q1 results missed expectations: EPS of $1.28 (below consensus), revenue ~$154.4M (roughly flat year-over-year and slightly below estimates), operating profit and operating cash flow declined — the direct cause of the downward price move. The company reaffirmed FY2026 guidance (EPS 5.75–6.15) but the midpoint is a touch below some analyst estimates. WD-40 Reports First Quarter 2026 Financial Results
• Negative Sentiment: Shares hit a 52-week low and traded at elevated volume after the earnings release, signaling selling pressure and short-term sentiment deterioration. MSN: WD-40 shares hit 52-week low
• Negative Sentiment: Analyst commentary flagged profitability headwinds (higher SG&A tied to growth initiatives, softer segments in HCCP and Asia Pacific) and suggested recent weakness isn’t yet a buy signal for all investors. Seeking Alpha: Drop Doesn’t Justify An Upgrade

Institutional Investors Weigh In On WD-40

Several institutional investors have recently added to or reduced their stakes in WDFC. Quarry LP boosted its stake in WD-40 by 1,462.5% in the 3rd 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 lifted its holdings in shares of WD-40 by 207.8% in the second quarter. EverSource Wealth Advisors LLC now owns 157 shares of the specialty chemicals company’s stock valued at $36,000 after purchasing an additional 106 shares in the last quarter. Brown Brothers Harriman & Co. boosted its position in shares of WD-40 by 400.0% during the third 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 period. Parallel Advisors LLC grew its holdings in shares of WD-40 by 195.4% during the third quarter. Parallel Advisors LLC now owns 257 shares of the specialty chemicals company’s stock worth $51,000 after buying an additional 170 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of WD-40 during the third quarter worth about $94,000. 91.52% of the stock is owned by institutional investors.

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.