WD-40 (NASDAQ:WDFC) Shares Up 3.5% – Should You Buy?

23 Sep 2026, 19:42 by Mitch Edgeman · The Markets Daily

WD-40 Company (NASDAQ:WDFC – Get Free Report) shares were up 3.5% during mid-day trading on Wednesday . The stock traded as high as $200.91 and last traded at $201.0450. 106,790 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 165,880 shares. The stock had previously closed at $194.23.

Analyst Ratings Changes

Several research firms have recently weighed in on WDFC. DA Davidson upped their price objective on WD-40 from $270.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Northcoast Research upgraded WD-40 to a “strong-buy” rating in a research note on Wednesday, June 24th. Weiss Ratings downgraded WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday. Zacks Research cut shares of WD-40 from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 11th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of WD-40 in a report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $305.00.

Get Our Latest Analysis on WD-40

WD-40 Stock Up 2.5%

The company has a debt-to-equity ratio of 0.31, a current ratio of 2.65 and a quick ratio of 1.95. The firm has a 50-day moving average of $219.71 and a 200 day moving average of $219.28. The stock has a market capitalization of $2.67 billion, a price-to-earnings ratio of 30.21 and a beta of 0.27.

WD-40 (NASDAQ:WDFC – Get Free Report) last announced its quarterly earnings data on Thursday, July 9th. The specialty chemicals company reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.75. The company had revenue of $195.12 million for the quarter, compared to analysts’ expectations of $172.79 million. WD-40 had a return on equity of 33.53% and a net margin of 13.23%.The business’s revenue was up 24.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.54 EPS. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. As a group, sell-side analysts forecast that WD-40 Company will post 6.24 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Patricia Olsem sold 200 shares of WD-40 stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $234.72, for a total value of $46,944.00. Following the completion of the transaction, the insider owned 4,574 shares of the company’s stock, valued at $1,073,609.28. This trade represents a 4.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.78% of the stock is currently owned by corporate insiders.

Institutional Trading of WD-40

Hedge funds have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of WD-40 during the 2nd quarter worth approximately $505,734,000. First Trust Advisors LP increased its holdings in shares of WD-40 by 41.9% in the first quarter. First Trust Advisors LP now owns 411,312 shares of the specialty chemicals company’s stock valued at $83,883,000 after purchasing an additional 121,358 shares during the last quarter. Geode Capital Management LLC raised its position in shares of WD-40 by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 405,117 shares of the specialty chemicals company’s stock valued at $79,778,000 after purchasing an additional 2,072 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of WD-40 by 2.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 294,277 shares of the specialty chemicals company’s stock worth $60,015,000 after buying an additional 7,886 shares during the last quarter. Finally, Royce & Associates LP boosted its holdings in shares of WD-40 by 739.8% during the 4th quarter. Royce & Associates LP now owns 165,187 shares of the specialty chemicals company’s stock worth $32,525,000 after buying an additional 145,517 shares during the period. 91.52% of the stock is owned by institutional investors and hedge funds.

WD-40 Company Profile

(Get Free Report)

WD-40 Company (NASDAQ:WDFC) develops and markets maintenance, homecare, and cleaning products for consumers, professional tradespeople, and industrial users. Its best-known product is WD-40 Multi-Use Product, a spray designed to displace moisture, lubricate, protect against corrosion, and loosen stuck parts.

The company also offers specialized products under the WD-40 Specialist brand, including lubricants, degreasers, rust removers, and other maintenance solutions. Its portfolio includes 3-IN-ONE lubricants and other products for household, automotive, industrial, and outdoor applications, as well as bicycle care products sold under the WD-40 Bike brand.