New York State Teachers Retirement System Decreases Holdings in WD-40 Company $WDFC

New York State Teachers Retirement System trimmed its position in WD-40 Company (NASDAQ:WDFC) by 23.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 13,008 shares of the specialty chemicals company’s stock after selling 3,931 shares during the quarter. New York State Teachers Retirement System’s holdings in WD-40 were worth $2,653,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in WDFC. Quarry LP lifted its holdings 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 valued at $25,000 after purchasing an additional 117 shares during the last quarter. Fortitude Family Office LLC grew its stake in WD-40 by 4,133.3% during the 4th quarter. Fortitude Family Office LLC now owns 127 shares of the specialty chemicals company’s stock worth $25,000 after buying an additional 124 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in WD-40 by 207.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 157 shares of the specialty chemicals company’s stock worth $36,000 after buying an additional 106 shares during the last quarter. Brown Brothers Harriman & Co. increased its position in WD-40 by 400.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 215 shares of the specialty chemicals company’s stock valued at $42,000 after buying an additional 172 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in WD-40 by 195.4% during the 3rd quarter. Parallel Advisors LLC now owns 257 shares of the specialty chemicals company’s stock valued at $51,000 after buying an additional 170 shares in the last quarter. 91.52% of the stock is owned by institutional investors and hedge funds.

More WD-40 News

Here are the key news stories impacting WD-40 this week:

• Positive Sentiment: WD-40 reported quarterly EPS of $2.33, well above the Zacks consensus of $1.58 and up from $1.54 a year ago, signaling stronger profitability than expected. Article Title
• Positive Sentiment: Revenue came in at $195.1 million, topping expectations of $172.8 million, with sales up 24% year over year, which supports the view that demand remains solid. Article Title
• Positive Sentiment: The company lifted FY2026 EPS guidance to $6.05-$6.35 versus the prior consensus of $5.99, and projected $675 million-$690 million in revenue, above the street estimate of $660.3 million, suggesting management sees continued momentum. Article Title
• Neutral Sentiment: Additional market coverage highlighted the earnings release and investor reaction, but did not add new fundamental information beyond the beat-and-raise results. Article Title

WD-40 Stock Performance

Shares of WDFC stock opened at $239.42 on Friday. The business has a fifty day moving average of $218.83 and a 200 day moving average of $218.91. WD-40 Company has a 1 year low of $175.38 and a 1 year high of $253.24. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.83 and a quick ratio of 1.98. The firm has a market capitalization of $3.22 billion, a price-to-earnings ratio of 40.72 and a beta of 0.26.

WD-40 (NASDAQ:WDFC) last posted its quarterly earnings results on Thursday, July 9th. The specialty chemicals company reported $2.33 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.75. The business had revenue of $195.12 million for the quarter, compared to the consensus estimate of $172.79 million. WD-40 had a return on equity of 30.23% and a net margin of 12.57%.The company’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.54 EPS. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. As a group, research analysts expect that WD-40 Company will post 5.99 earnings per share for the current year.

WD-40 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be issued a dividend of $1.02 per share. 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 1.7%. WD-40’s payout ratio is 69.39%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on WDFC shares. Weiss Ratings cut WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 26th. William Blair initiated coverage on shares of WD-40 in a report on Monday, April 6th. They set an “outperform” rating on the stock. DA Davidson decreased their price objective on shares of WD-40 from $300.00 to $270.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Finally, Northcoast Research upgraded shares of WD-40 to a “strong-buy” rating in a research note on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $270.00.

WD-40 Company Profile

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.