WD-40 Co. (NASDAQ:WDFC) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $121.03 and last traded at $120.69, with a volume of 81,277 shares changing hands. The stock had previously closed at $118.65.

WDFC has been the topic of several recent analyst reports. Wunderlich lifted their price objective on shares of WD-40 from $90.00 to $100.00 and gave the company a “hold” rating in a research report on Friday, April 8th. Zacks Investment Research upgraded shares of WD-40 from a “hold” rating to a “buy” rating and set a $113.00 price objective on the stock in a research report on Tuesday, April 12th. Finally, B. Riley reissued a “neutral” rating and issued a $106.00 target price (up from $103.00) on shares of WD-40 in a report on Wednesday, April 6th.

The firm has a market capitalization of $1.72 billion and a PE ratio of 35.11. The firm’s 50-day moving average price is $114.52 and its 200-day moving average price is $106.44.

WD-40 (NASDAQ:WDFC) last issued its earnings results on Thursday, July 7th. The company reported $0.88 EPS for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.02. The firm earned $96.40 million during the quarter. During the same quarter in the prior year, the company posted $0.75 EPS. The firm’s revenue was up 4.3% compared to the same quarter last year. On average, equities research analysts predict that WD-40 Co. will post $3.46 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 29th. Shareholders of record on Friday, July 15th will be given a $0.42 dividend. The ex-dividend date is Wednesday, July 13th. This represents a $1.68 annualized dividend and a yield of 1.39%.

A number of large investors recently added to or reduced their stakes in WDFC. Aberdeen Asset Management PLC UK raised its stake in WD-40 by 9.6% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 106,490 shares of the company’s stock valued at $10,116,000 after buying an additional 9,290 shares in the last quarter. Mutual of America Capital Management LLC raised its stake in WD-40 by 7.4% in the fourth quarter. Mutual of America Capital Management LLC now owns 55,353 shares of the company’s stock valued at $5,461,000 after buying an additional 3,830 shares in the last quarter. Morgan Stanley raised its stake in WD-40 by 51.3% in the fourth quarter. Morgan Stanley now owns 33,261 shares of the company’s stock valued at $3,281,000 after buying an additional 11,276 shares in the last quarter. Rhumbline Advisers raised its stake in 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 in the last quarter. Finally, California State Teachers Retirement System raised its stake in 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 in 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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