WD-40 (NASDAQ:WDFC) Stock Holdings Decreased by Stifel Financial Corp

Stifel Financial Corp lowered its holdings in shares of WD-40 (NASDAQ:WDFC - Free Report) by 6.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,168 shares of the specialty chemicals company's stock after selling 1,438 shares during the period. Stifel Financial Corp owned approximately 0.16% of WD-40 worth $5,380,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. D.A. Davidson & CO. increased its holdings in shares of WD-40 by 6.3% during the fourth quarter. D.A. Davidson & CO. now owns 845 shares of the specialty chemicals company's stock valued at $205,000 after acquiring an additional 50 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of WD-40 by 0.9% during the fourth quarter. HighTower Advisors LLC now owns 6,697 shares of the specialty chemicals company's stock valued at $1,625,000 after buying an additional 57 shares during the last quarter. Inspire Investing LLC increased its position in shares of WD-40 by 3.8% during the fourth quarter. Inspire Investing LLC now owns 1,658 shares of the specialty chemicals company's stock valued at $402,000 after acquiring an additional 61 shares in the last quarter. Truist Financial Corp raised its holdings in WD-40 by 2.4% in the 4th quarter. Truist Financial Corp now owns 2,662 shares of the specialty chemicals company's stock worth $646,000 after acquiring an additional 62 shares during the last quarter. Finally, Curbstone Financial Management Corp lifted its position in WD-40 by 1.2% in the 4th quarter. Curbstone Financial Management Corp now owns 5,696 shares of the specialty chemicals company's stock valued at $1,382,000 after acquiring an additional 70 shares in the last quarter. Institutional investors own 91.52% of the company's stock.

Analyst Ratings Changes

Separately, DA Davidson upgraded shares of WD-40 to a "strong-buy" rating in a research report on Monday, April 14th.

Insider Buying and Selling

In other news, CFO Sara Kathleen Hyzer purchased 256 shares of the company's stock in a transaction dated Friday, April 11th. The stock was acquired at an average price of $222.83 per share, for a total transaction of $57,044.48. Following the completion of the transaction, the chief financial officer now directly owns 4,072 shares in the company, valued at $907,363.76. This represents a 6.71 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 0.75% of the stock is owned by company insiders.

WD-40 Trading Up 0.6 %

Shares of NASDAQ:WDFC traded up $1.48 during trading on Monday, reaching $233.12. The company's stock had a trading volume of 4,337 shares, compared to its average volume of 100,558. The company has a current ratio of 2.44, a quick ratio of 1.75 and a debt-to-equity ratio of 0.37. The firm's 50 day simple moving average is $233.30 and its two-hundred day simple moving average is $246.42. The stock has a market capitalization of $3.16 billion, a PE ratio of 44.66 and a beta of 0.03. WD-40 has a 12 month low of $208.00 and a 12 month high of $292.36.

WD-40 (NASDAQ:WDFC - Get Free Report) last issued its quarterly earnings data on Tuesday, April 8th. The specialty chemicals company reported $1.32 EPS for the quarter, topping analysts' consensus estimates of $1.27 by $0.05. WD-40 had a net margin of 11.78% and a return on equity of 31.68%. The company had revenue of $146.10 million during the quarter, compared to the consensus estimate of $154.40 million. During the same quarter in the previous year, the firm posted $1.14 earnings per share. WD-40's revenue for the quarter was up 5.0% compared to the same quarter last year. On average, research analysts predict that WD-40 will post 5.42 EPS for the current fiscal year.

WD-40 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th were issued a $0.94 dividend. The ex-dividend date was Thursday, April 17th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.61%. WD-40's payout ratio is currently 59.97%.

WD-40 Profile

WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand name; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bike-specific products.