WD-40 Co. (NASDAQ:WDFC) shares were up 0.9% during mid-day trading on Tuesday . The stock traded as high as $120.50 and last traded at $118.29, with a volume of 51,341 shares traded. The stock had previously closed at $117.21.

Several research analysts recently issued reports on WDFC shares. Wunderlich upped their target price on shares of WD-40 from $90.00 to $100.00 and gave the stock a “hold” rating in a research report on Friday, April 8th. Zacks Investment Research lowered shares of WD-40 from a “buy” rating to a “hold” rating in a research report on Thursday, March 10th. Finally, B. Riley restated a “neutral” rating and set a $106.00 price target (up from $103.00) on shares of WD-40 in a research report on Wednesday, April 6th.

The stock’s 50 day moving average is $113.08 and its 200-day moving average is $105.85. The firm has a market capitalization of $1.65 billion and a price-to-earnings ratio of 34.82.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 29th. Stockholders of record on Friday, July 15th will be given a dividend of $0.42 per share. The ex-dividend date is Wednesday, July 13th. This represents a $1.68 annualized dividend and a dividend yield of 1.45%.

Several hedge funds have recently made changes to their positions in WDFC. California State Teachers Retirement System increased its stake in shares of WD-40 by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 27,005 shares of the company’s stock valued at $2,664,000 after buying an additional 400 shares during the last quarter. Numeric Investors LLC increased its stake in shares of WD-40 by 46.2% in the fourth quarter. Numeric Investors LLC now owns 16,770 shares of the company’s stock valued at $1,654,000 after buying an additional 5,300 shares during the last quarter. First Trust Advisors LP increased its stake in shares of WD-40 by 70.5% in the fourth quarter. First Trust Advisors LP now owns 13,051 shares of the company’s stock valued at $1,287,000 after buying an additional 5,398 shares during the last quarter. Rhumbline Advisers increased its stake in shares of WD-40 by 1.8% in the fourth quarter. Rhumbline Advisers now owns 28,134 shares of the company’s stock valued at $2,775,000 after buying an additional 500 shares during the last quarter. Finally, New York State Common Retirement Fund increased its stake in shares of WD-40 by 54.1% in the fourth quarter. New York State Common Retirement Fund now owns 20,500 shares of the company’s stock valued at $2,022,000 after buying an additional 7,200 shares during the last quarter.

WD-40 Company, is a global consumer Products Company. As of August 31, 2012, the Company’s products included WD-40 Smart Straw, WD-40 Trigger Pro, 3-IN-ONE Professional Garage Door Lube, Spot Shot Pet Clean which is a non-aerosol Spot Shot trigger product, and a mildew stain remover under the X-14 brand.

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