What is DA Davidson’s Estimate for WD-40 FY2026 Earnings?

WD-40 (NASDAQ:WDFC) – Research analysts at DA Davidson boosted their FY2026 EPS estimates for shares of WD-40 in a research note issued on Wednesday, January 22nd. DA Davidson analyst L. Weiser now anticipates that the specialty chemicals company will post earnings per share of $5.94 for the year, up from their prior estimate of $5.93. DA Davidson currently has a “Buy” rating and a $322.00 target price on the stock. The consensus estimate for WD-40’s current full-year earnings is $5.36 per share.

Separately, Jefferies Financial Group upped their price target on shares of WD-40 from $250.00 to $280.00 and gave the stock a “hold” rating in a research report on Friday, October 18th.

WD-40 Price Performance

Shares of WDFC opened at $230.47 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.44 and a quick ratio of 1.75. The company has a market cap of $3.12 billion, a P/E ratio of 44.20 and a beta of -0.04. WD-40 has a 12 month low of $211.03 and a 12 month high of $292.36. The stock has a fifty day moving average price of $257.97 and a 200 day moving average price of $257.35.

WD-40 (NASDAQ:WDFC) last issued its earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.10. The company had revenue of $153.30 million during the quarter, compared to the consensus estimate of $147.40 million. WD-40 had a return on equity of 31.68% and a net margin of 11.78%. WD-40’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.28 earnings per share.

Institutional Trading of WD-40

Several large investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its stake in shares of WD-40 by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 60,925 shares of the specialty chemicals company’s stock valued at $13,382,000 after purchasing an additional 6,434 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of WD-40 by 2.0% in the second quarter. Dimensional Fund Advisors LP now owns 307,097 shares of the specialty chemicals company’s stock worth $67,452,000 after buying an additional 5,893 shares during the last quarter. Intech Investment Management LLC bought a new stake in shares of WD-40 during the 2nd quarter worth about $955,000. Sei Investments Co. increased its holdings in shares of WD-40 by 9.0% during the 2nd quarter. Sei Investments Co. now owns 2,966 shares of the specialty chemicals company’s stock valued at $652,000 after acquiring an additional 244 shares during the last quarter. Finally, Public Sector Pension Investment Board raised its stake in shares of WD-40 by 7.1% in the 2nd quarter. Public Sector Pension Investment Board now owns 29,794 shares of the specialty chemicals company’s stock valued at $6,544,000 after acquiring an additional 1,988 shares in the last quarter. 91.52% of the stock is owned by institutional investors.

Insider Activity

In other news, Director William B. Noble sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $289.70, for a total transaction of $289,700.00. Following the completion of the sale, the director now directly owns 7,999 shares of the company’s stock, valued at $2,317,310.30. This trade represents a 11.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.75% of the company’s stock.

WD-40 Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be paid a dividend of $0.94 per share. This is an increase from WD-40’s previous quarterly dividend of $0.88. This represents a $3.76 annualized dividend and a yield of 1.63%. The ex-dividend date is Friday, January 17th. WD-40’s payout ratio is 72.03%.

WD-40 Company Profile

WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand name; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bike-specific products.