Algert Global LLC Raises Stock Position in WD-40 Company $WDFC

Key Points

• Algert Global LLC boosted its stake in WD‑40 by 422.8% in Q3, adding 50,564 shares to hold 62,523 shares (≈0.46% of the company, ~$12.36M), while several other institutions also enlarged positions and overall institutional ownership stands at ~91.52%.
• WD‑40 missed quarterly expectations, reporting $1.18 EPS versus a $1.45 consensus and $154.42M in revenue versus $155.10M, and issued FY2026 guidance of $5.75–$6.15 EPS (analysts average ~5.42 EPS).
• Insider activity included Director David Pendarvis buying 424 shares at $247.15 (a 6.55% increase in his holdings); the stock trades near $224.96 with a market cap of $3.03B, a P/E of 34.24, and a 12‑month range of $175.38–$253.48.

Algert Global LLC increased its stake in WD-40 Company (NASDAQ:WDFC - Free Report) by 422.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,523 shares of the specialty chemicals company's stock after acquiring an additional 50,564 shares during the period. Algert Global LLC owned approximately 0.46% of WD-40 worth $12,355,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in WDFC. Norges Bank purchased a new position in shares of WD-40 during the 2nd quarter worth about $36,563,000. Laurel Wealth Advisors LLC lifted its stake in WD-40 by 22,709.1% in the second quarter. Laurel Wealth Advisors LLC now owns 157,383 shares of the specialty chemicals company's stock worth $35,897,000 after purchasing an additional 156,693 shares during the last quarter. First Trust Advisors LP boosted its position in shares of WD-40 by 110.1% during the third quarter. First Trust Advisors LP now owns 178,395 shares of the specialty chemicals company's stock valued at $35,251,000 after buying an additional 93,502 shares during the period. Squarepoint Ops LLC purchased a new position in shares of WD-40 during the third quarter valued at approximately $13,817,000. Finally, Ameriprise Financial Inc. grew its stake in shares of WD-40 by 24.4% during the second quarter. Ameriprise Financial Inc. now owns 333,505 shares of the specialty chemicals company's stock valued at $76,069,000 after buying an additional 65,423 shares during the last quarter. 91.52% of the stock is owned by institutional investors.

WD-40 Stock Performance

Shares of WD-40 stock opened at $224.96 on Monday. The company has a current ratio of 2.97, a quick ratio of 2.05 and a debt-to-equity ratio of 0.32. The stock's fifty day moving average price is $226.27 and its 200-day moving average price is $209.47. The firm has a market cap of $3.03 billion, a P/E ratio of 34.24 and a beta of 0.17. WD-40 Company has a 12 month low of $175.38 and a 12 month high of $253.48.

WD-40 (NASDAQ:WDFC - Get Free Report) last issued its quarterly earnings data on Thursday, January 8th. The specialty chemicals company reported $1.18 EPS for the quarter, missing analysts' consensus estimates of $1.45 by ($0.27). WD-40 had a return on equity of 30.10% and a net margin of 14.42%.The business had revenue of $154.42 million during the quarter, compared to the consensus estimate of $155.10 million. During the same period last year, the firm earned $1.39 EPS. The business's quarterly revenue was up .6% on a year-over-year basis. WD-40 has set its FY 2026 guidance at 5.750-6.150 EPS. On average, equities research analysts expect that WD-40 Company will post 5.42 earnings per share for the current fiscal year.

Insider Activity at WD-40

In other WD-40 news, Director David Pendarvis acquired 424 shares of the stock in a transaction dated Thursday, February 5th. The stock was purchased at an average price of $247.15 per share, with a total value of $104,791.60. Following the transaction, the director directly owned 6,898 shares of the company's stock, valued at $1,704,840.70. This trade represents a 6.55% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.78% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on WDFC shares. Weiss Ratings reissued a "hold (c)" rating on shares of WD-40 in a research note on Wednesday, January 21st. DA Davidson set a $300.00 price objective on WD-40 in a research report on Wednesday, November 26th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, WD-40 currently has a consensus rating of "Moderate Buy" and a consensus target price of $300.00.

WD-40 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.

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