Jefferies Financial Group Inc. Makes New Investment in WD-40 Company $WDFC

Posted by Francis Steltz on Aug 31st, 2026

Jefferies Financial Group Inc. bought a new stake in WD-40 Company (NASDAQ:WDFC – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,025 shares of the specialty chemicals company’s stock, valued at approximately $981,000.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of WD-40 during the second quarter valued at about $505,734,000. Balyasny Asset Management L.P. purchased a new position in shares of WD-40 in the 4th quarter worth approximately $29,291,000. Royce & Associates LP grew its stake in WD-40 by 739.8% in the 4th quarter. Royce & Associates LP now owns 165,187 shares of the specialty chemicals company’s stock valued at $32,525,000 after purchasing an additional 145,517 shares during the period. First Trust Advisors LP increased its holdings in WD-40 by 41.9% during the first quarter. First Trust Advisors LP now owns 411,312 shares of the specialty chemicals company’s stock worth $83,883,000 after buying an additional 121,358 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of WD-40 during the 2nd quarter worth approximately $29,162,000. 91.52% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Patricia Q. Olsem sold 200 shares of the business’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $234.72, for a total value of $46,944.00. Following the completion of the transaction, the insider owned 4,574 shares of the company’s stock, valued at $1,073,609.28. The trade was a 4.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on WDFC shares. Zacks Research upgraded WD-40 from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 14th. Jefferies Financial Group restated a “hold” rating on shares of WD-40 in a research report on Friday, July 10th. Northcoast Research upgraded WD-40 to a “strong-buy” rating in a report on Wednesday, June 24th. Weiss Ratings restated a “hold (c)” rating on shares of WD-40 in a report on Friday, August 21st. Finally, DA Davidson lifted their target price on shares of WD-40 from $270.00 to $305.00 and gave the company a “buy” rating in a report on Friday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, WD-40 presently has an average rating of “Buy” and a consensus target price of $305.00.

Read Our Latest Analysis on WDFC

WD-40 Price Performance

Shares of NASDAQ WDFC opened at $217.17 on Monday. WD-40 Company has a 52-week low of $175.38 and a 52-week high of $298.90. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.95 and a current ratio of 2.65. The stock has a 50 day moving average price of $234.94 and a 200 day moving average price of $224.28. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of 33.00 and a beta of 0.27.

WD-40 (NASDAQ:WDFC – Get Free Report) last released its quarterly earnings results on Thursday, July 9th. The specialty chemicals company reported $2.33 EPS for the quarter, beating the consensus estimate of $1.58 by $0.75. WD-40 had a net margin of 13.23% and a return on equity of 33.53%. The business 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 firm posted $1.54 earnings per share. The company’s quarterly revenue was up 24.3% on a year-over-year basis. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. Sell-side analysts expect that WD-40 Company will post 6.24 earnings per share for the current year.

WD-40 Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Friday, July 17th were issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Friday, July 17th. WD-40’s dividend payout ratio is presently 62.01%.

About WD-40

(Free Report)

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.