Dynamic Technology Lab Private Ltd Purchases 5,624 Shares of WD-40 Company $WDFC

Key Points

• Dynamic Technology Lab increased its stake in WD-40 by 174.7%, buying 5,624 shares to own 8,844 shares worth about $1.747 million (≈0.07% of the company).
• Director David Pendarvis purchased 424 shares at an average $247.15, raising his holdings to 6,898 shares and boosting his ownership by 6.55%.
• WD-40 missed quarterly EPS expectations ($1.18 vs. $1.45), issued FY2026 guidance of $5.75–$6.15 EPS (analysts expect ~5.42), and raised its quarterly dividend to $1.02 ($4.08 annual, ~1.7% yield).

Dynamic Technology Lab Private Ltd grew its position in WD-40 Company (NASDAQ:WDFC - Free Report) by 174.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,844 shares of the specialty chemicals company's stock after acquiring an additional 5,624 shares during the quarter. Dynamic Technology Lab Private Ltd owned about 0.07% of WD-40 worth $1,747,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in WDFC. HM Payson & Co. bought a new position in WD-40 during the 3rd quarter valued at about $28,000. Bessemer Group Inc. lifted its stake in WD-40 by 340.5% in the third quarter. Bessemer Group Inc. now owns 163 shares of the specialty chemicals company's stock worth $32,000 after purchasing an additional 126 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in WD-40 by 207.8% in the second quarter. EverSource Wealth Advisors LLC now owns 157 shares of the specialty chemicals company's stock worth $36,000 after purchasing an additional 106 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of WD-40 by 195.4% during the third 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 during the period. Finally, Pacer Advisors Inc. purchased a new position in shares of WD-40 during the third quarter valued at approximately $97,000. Institutional investors own 91.52% of the company's stock.

Insider Activity at WD-40

In other news, Director David Pendarvis purchased 424 shares of the stock in a transaction dated Thursday, February 5th. The shares were acquired at an average cost of $247.15 per share, for a total transaction of $104,791.60. Following the acquisition, the director owned 6,898 shares of the company's stock, valued at approximately $1,704,840.70. This represents a 6.55% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.78% of the company's stock.

WD-40 Stock Up 0.2%

Shares of NASDAQ WDFC opened at $236.32 on Friday. WD-40 Company has a 12-month low of $175.38 and a 12-month high of $253.48. The stock's fifty day simple moving average is $223.35 and its two-hundred day simple moving average is $209.28. The stock has a market capitalization of $3.19 billion, a PE ratio of 35.97 and a beta of 0.17. The company has a current ratio of 2.97, a quick ratio of 2.05 and a debt-to-equity ratio of 0.32.

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

WD-40 Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were given a dividend of $1.02 per share. The ex-dividend date of this dividend was Friday, January 16th. This is a positive change from WD-40's previous quarterly dividend of $0.94. This represents a $4.08 annualized dividend and a dividend yield of 1.7%. WD-40's payout ratio is currently 62.10%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a "hold (c)" rating on shares of WD-40 in a report on Wednesday, January 21st. DA Davidson set a $300.00 price objective on WD-40 in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $300.00.

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.

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