Jefferies Financial Group Inc. Grows Stake in WD-40 Company $WDFC

Jefferies Financial Group Inc. grew its holdings in shares of WD-40 Company (NASDAQ:WDFC) by 111.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,017 shares of the specialty chemicals company’s stock after buying an additional 11,070 shares during the period. Jefferies Financial Group Inc.’s holdings in WD-40 were worth $4,153,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. HM Payson & Co. purchased a new stake in WD-40 in the third quarter worth $28,000. Bessemer Group Inc. increased its position in WD-40 by 340.5% during the 3rd quarter. Bessemer Group Inc. now owns 163 shares of the specialty chemicals company’s stock valued at $32,000 after purchasing an additional 126 shares during the period. EverSource Wealth Advisors LLC raised its holdings in WD-40 by 207.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 157 shares of the specialty chemicals company’s stock worth $36,000 after purchasing an additional 106 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of WD-40 by 195.4% during the 3rd quarter. Parallel Advisors LLC now owns 257 shares of the specialty chemicals company’s stock valued at $51,000 after purchasing an additional 170 shares in the last quarter. Finally, Pacer Advisors Inc. purchased a new position in shares of WD-40 during the third quarter valued at about $97,000. Institutional investors own 91.52% of the company’s stock.

Wall Street Analysts Forecast Growth

WDFC has been the subject of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of WD-40 in a report on Wednesday, January 21st. DA Davidson set a $300.00 target price on WD-40 in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $300.00.

Insider Activity at WD-40

In related news, Director David Pendarvis bought 424 shares of the business’s stock in a transaction dated Thursday, February 5th. The shares were purchased at an average cost of $247.15 per share, with a total value of $104,791.60. Following the completion of the purchase, the director owned 6,898 shares in the company, valued at approximately $1,704,840.70. The trade was a 6.55% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.78% of the company’s stock.

WD-40 Price Performance

Shares of WDFC opened at $228.76 on Wednesday. The firm’s 50-day simple moving average is $224.51 and its two-hundred day simple moving average is $209.32. WD-40 Company has a fifty-two week low of $175.38 and a fifty-two week high of $253.48. The stock has a market cap of $3.09 billion, a PE ratio of 34.82 and a beta of 0.17. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.05 and a current ratio of 2.97.

WD-40 (NASDAQ:WDFC) last posted its quarterly earnings results on Thursday, January 8th. The specialty chemicals company reported $1.18 earnings per share for the quarter, missing the consensus estimate of $1.45 by ($0.27). WD-40 had a return on equity of 30.10% and a net margin of 14.42%.The company had revenue of $154.42 million during the quarter, compared to analysts’ expectations of $155.10 million. During the same quarter in the previous year, the company earned $1.39 EPS. The business’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. Analysts anticipate that WD-40 Company will post 5.42 earnings per share for the current fiscal year.

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.