WD-40 (NASDAQ:WDFC) Director Daniel E. Pittard bought 400 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The shares were bought at an average price of $165.00 per share, with a total value of $66,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

WDFC stock opened at $165.01 on Monday. WD-40 has a 52 week low of $129.60 and a 52 week high of $187.50. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.07 and a quick ratio of 1.49. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 39.95, a price-to-earnings-growth ratio of 3.62 and a beta of 0.24.

WD-40 (NASDAQ:WDFC) last released its quarterly earnings data on Tuesday, April 9th. The specialty chemicals company reported $1.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $0.02. WD-40 had a net margin of 16.24% and a return on equity of 39.13%. The business had revenue of $101.30 million during the quarter, compared to analyst estimates of $104.10 million. During the same quarter last year, the business earned $1.05 earnings per share. WD-40’s quarterly revenue was up .0% compared to the same quarter last year. Research analysts anticipate that WD-40 will post 4.56 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, April 19th will be given a dividend of $0.61 per share. The ex-dividend date is Wednesday, April 17th. This represents a $2.44 annualized dividend and a yield of 1.48%. WD-40’s dividend payout ratio (DPR) is currently 59.08%.

A number of hedge funds have recently added to or reduced their stakes in the business. Piedmont Investment Advisors Inc. lifted its position in WD-40 by 2.9% during the fourth quarter. Piedmont Investment Advisors Inc. now owns 3,290 shares of the specialty chemicals company’s stock valued at $603,000 after purchasing an additional 93 shares during the last quarter. Coldstream Capital Management Inc. lifted its position in WD-40 by 6.9% during the fourth quarter. Coldstream Capital Management Inc. now owns 1,511 shares of the specialty chemicals company’s stock valued at $277,000 after purchasing an additional 98 shares during the last quarter. Monument Capital Management lifted its position in WD-40 by 1.2% during the first quarter. Monument Capital Management now owns 8,382 shares of the specialty chemicals company’s stock valued at $1,420,000 after purchasing an additional 101 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its position in WD-40 by 2.9% during the fourth quarter. State Board of Administration of Florida Retirement System now owns 4,540 shares of the specialty chemicals company’s stock valued at $832,000 after purchasing an additional 126 shares during the last quarter. Finally, Bbva Compass Bancshares Inc. lifted its position in WD-40 by 1.1% during the fourth quarter. Bbva Compass Bancshares Inc. now owns 12,619 shares of the specialty chemicals company’s stock valued at $2,312,000 after purchasing an additional 136 shares during the last quarter. Institutional investors and hedge funds own 91.13% of the company’s stock.

A number of brokerages recently weighed in on WDFC. ValuEngine upgraded shares of WD-40 from a “buy” rating to a “strong-buy” rating in a research report on Monday, February 4th. Zacks Investment Research lowered shares of WD-40 from a “buy” rating to a “hold” rating in a research report on Wednesday, March 13th. Finally, BidaskClub lowered shares of WD-40 from a “buy” rating to a “hold” rating in a research report on Thursday, February 14th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. WD-40 presently has a consensus rating of “Hold” and a consensus target price of $164.50.

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WD-40 Company 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 offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name for various consumer uses and industrial applications; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bicycle maintenance products comprising wet and dry chain lubricants, chain cleaners and degreasers, and foaming wash products for avid and recreational cyclists, bike enthusiasts, and mechanics under the WD-40 Bike brand name.

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