WD-40 Company (NASDAQ:WDFC – Get Free Report)’s share price reached a new 52-week high on Friday after the company announced better than expected quarterly earnings. The stock traded as high as $277.50 and last traded at $293.4710, with a volume of 18198 shares traded. The stock had previously closed at $239.42.
The specialty chemicals company reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.75. WD-40 had a return on equity of 30.23% and a net margin of 12.57%.The firm had revenue of $195.12 million during the quarter, compared to analyst estimates of $172.79 million. During the same period in the prior year, the company posted $1.54 earnings per share. The business’s revenue for the quarter was up 24.3% compared to the same quarter last year. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS.
WD-40 Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be issued a $1.02 dividend. The ex-dividend date of this dividend is Friday, July 17th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.4%. WD-40’s dividend payout ratio (DPR) is currently 69.39%.
Key WD-40 News
- Positive Sentiment: WD-40 beat earnings and revenue expectations, reporting $2.33 EPS versus $1.58 expected and $195.1 million in sales versus $172.8 million expected, with revenue up 24.3% year over year. WD-40 Company Reports Third Quarter 2026 Financial Results
- Positive Sentiment: The company raised full-year FY2026 guidance to EPS of $6.05-$6.35 and revenue of $675 million-$690 million, both above consensus estimates, signaling management confidence in continued momentum. WD-40 Company Stock Surges Over 15% After Hours: Here’s What’s Going On
- Positive Sentiment: Analysts also turned more constructive, with DA Davidson lifting its price target to $305 from $270 and reiterating a buy rating, implying more upside if the earnings beat holds. Benzinga
- Neutral Sentiment: Commentary around the report emphasized WD-40’s core brand strength and execution, reinforcing the view that the company is benefiting from reliable demand rather than a one-time boost. WD-40 Stock Surges After Earnings Show AI Isn’t Everything
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on WDFC. William Blair started coverage on shares of WD-40 in a research report on Monday, April 6th. They set an “outperform” rating on the stock. Northcoast Research raised shares of WD-40 to a “strong-buy” rating in a research note on Wednesday, June 24th. Weiss Ratings lowered shares of WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Finally, DA Davidson raised their price objective on shares of WD-40 from $270.00 to $305.00 and gave the company a “buy” rating in a research note on Friday. One 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. Based on data from MarketBeat, WD-40 has a consensus rating of “Buy” and an average price target of $305.00.
View Our Latest Research Report on WDFC
Institutional Trading of WD-40
Institutional investors have recently modified their holdings of the company. Fortitude Family Office LLC lifted its stake in WD-40 by 4,133.3% in the 4th quarter. Fortitude Family Office LLC now owns 127 shares of the specialty chemicals company’s stock valued at $25,000 after acquiring an additional 124 shares in the last quarter. Quarry LP grew its stake in shares of WD-40 by 1,462.5% during the 3rd quarter. Quarry LP now owns 125 shares of the specialty chemicals company’s stock worth $25,000 after acquiring an additional 117 shares in the last quarter. EverSource Wealth Advisors LLC raised 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 during the last quarter. Brown Brothers Harriman & Co. raised its holdings in shares of WD-40 by 400.0% in the third quarter. Brown Brothers Harriman & Co. now owns 215 shares of the specialty chemicals company’s stock valued at $42,000 after purchasing an additional 172 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of WD-40 by 195.4% in the third quarter. Parallel Advisors LLC now owns 257 shares of the specialty chemicals company’s stock worth $51,000 after purchasing an additional 170 shares in the last quarter. 91.52% of the stock is currently owned by institutional investors.
WD-40 Stock Performance
The stock’s 50-day moving average price is $218.83 and its 200 day moving average price is $218.91. The firm has a market cap of $3.93 billion, a P/E ratio of 49.32 and a beta of 0.26. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.83 and a quick ratio of 1.98.
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.
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