WD-40 (NASDAQ:WDFC) Shares Purchased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL increased its position in shares of WD-40 (NASDAQ:WDFC - Free Report) by 91.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,072 shares of the specialty chemicals company's stock after purchasing an additional 12,960 shares during the period. Tudor Investment Corp ET AL owned approximately 0.20% of WD-40 worth $6,570,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in WDFC. TD Waterhouse Canada Inc. bought a new position in shares of WD-40 during the fourth quarter valued at approximately $27,000. SRS Capital Advisors Inc. grew its position in WD-40 by 525.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 194 shares of the specialty chemicals company's stock valued at $47,000 after acquiring an additional 163 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in WD-40 in the fourth quarter worth $49,000. Anchor Investment Management LLC lifted its position in shares of WD-40 by 3,400.0% during the fourth quarter. Anchor Investment Management LLC now owns 350 shares of the specialty chemicals company's stock worth $85,000 after purchasing an additional 340 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of WD-40 by 23.1% during the fourth quarter. GAMMA Investing LLC now owns 400 shares of the specialty chemicals company's stock valued at $97,000 after purchasing an additional 75 shares during the period. 91.52% of the stock is currently owned by institutional investors.

WD-40 Trading Up 0.8 %

WDFC traded up $1.91 during trading on Tuesday, hitting $233.71. 15,047 shares of the stock were exchanged, compared to its average volume of 100,423. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.75 and a current ratio of 2.44. The firm has a 50 day simple moving average of $233.17 and a 200 day simple moving average of $246.28. The firm has a market cap of $3.17 billion, a price-to-earnings ratio of 44.66 and a beta of 0.03. WD-40 has a 1 year low of $208.00 and a 1 year high of $292.36.

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

WD-40 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th were paid a dividend of $0.94 per share. 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 dividend payout ratio is presently 59.97%.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In related news, CFO Sara Kathleen Hyzer bought 256 shares of the business's stock in a transaction on Friday, April 11th. The shares were bought at an average price of $222.83 per share, for a total transaction of $57,044.48. Following the completion of the purchase, the chief financial officer now directly owns 4,072 shares of the company's stock, valued at approximately $907,363.76. This trade represents a 6.71 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.75% of the stock is currently owned by insiders.

About WD-40

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.