WD-40 (NASDAQ:WDFC) Updates FY 2026 Earnings Guidance

WD-40 (NASDAQ:WDFC) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.050-6.350 for the period, compared to the consensus EPS estimate of 5.990. The company issued revenue guidance of $675.0 million-$690.0 million, compared to the consensus revenue estimate of $660.3 million.

WD-40 Stock Performance

Shares of WDFC stock opened at $239.42 on Friday. The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of 40.72 and a beta of 0.26. WD-40 has a 1-year low of $175.38 and a 1-year high of $253.24. The company has a current ratio of 2.83, a quick ratio of 1.98 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $218.83 and its 200-day simple moving average is $218.91.

WD-40 (NASDAQ:WDFC) 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 the consensus estimate of $1.58 by $0.75. WD-40 had a return on equity of 30.23% and a net margin of 12.57%.The firm had revenue of $195.12 million during the quarter, compared to the consensus estimate of $172.79 million. During the same period in the prior year, the business earned $1.54 EPS. The business’s revenue for the quarter was up 24.3% on a year-over-year basis. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. On average, sell-side analysts predict that WD-40 will post 5.99 earnings per share for the current fiscal year.

WD-40 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, July 17th. This represents a $4.08 dividend on an annualized basis and a yield of 1.7%. WD-40’s dividend payout ratio (DPR) is presently 69.39%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Northcoast Research raised WD-40 to a “strong-buy” rating in a research report on Wednesday, June 24th. DA Davidson lowered their price target on WD-40 from $300.00 to $270.00 and set a “buy” rating for the company in a research note on Friday, April 10th. William Blair started coverage on shares of WD-40 in a research report on Monday, April 6th. They set an “outperform” rating on the stock. Finally, Weiss Ratings cut shares of WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $270.00.

Key Stories Impacting WD-40

Here are the key news stories impacting WD-40 this week:

• Positive Sentiment: WD-40 beat quarterly expectations with EPS of $2.33 versus the $1.58 consensus, while revenue of $195.1 million also topped estimates, helping drive bullish sentiment. WD-40 Company Reports Third Quarter 2026 Financial Results
• Positive Sentiment: The company raised FY 2026 outlook, guiding EPS to $6.05-$6.35 and revenue to $675 million-$690 million, both above Wall Street expectations. WD-40 earnings and guidance update
• Positive Sentiment: Management highlighted robust sales growth, with quarterly revenue up 24.3% year over year, suggesting strong demand for the company’s core products. WD-40 Co (WDFC) Q3 2026 Earnings Call Highlights
• Neutral Sentiment: Commentary around “AI isn’t everything” and the company’s old-fashioned product strength is helping frame the move, but it is more narrative than a direct fundamental driver. WD-40 Stock Surges After Earnings Show AI Isn’t Everything
• Neutral Sentiment: Some articles also note the company is shifting homecare brands to “held for use,” which appears to be a portfolio-management item rather than a major stock-moving development. WD-40 outlines FY 2026 reported net sales

Institutional Investors Weigh In On WD-40

A number of large investors have recently added to or reduced their stakes in WDFC. Corient Private Wealth LLC boosted its position in WD-40 by 68.0% during the fourth quarter. Corient Private Wealth LLC now owns 10,518 shares of the specialty chemicals company’s stock worth $2,070,000 after purchasing an additional 4,257 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of WD-40 by 76.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 1,946 shares of the specialty chemicals company’s stock valued at $383,000 after purchasing an additional 842 shares during the period. NewEdge Advisors LLC raised its position in shares of WD-40 by 91.0% in the fourth quarter. NewEdge Advisors LLC now owns 2,815 shares of the specialty chemicals company’s stock valued at $554,000 after purchasing an additional 1,341 shares during the period. Empowered Funds LLC acquired a new stake in shares of WD-40 in the fourth quarter worth $291,000. Finally, Inspire Investing LLC lifted its stake in shares of WD-40 by 3.5% in the fourth quarter. Inspire Investing LLC now owns 2,366 shares of the specialty chemicals company’s stock worth $466,000 after buying an additional 81 shares during the last quarter. Institutional investors own 91.52% of the company’s stock.

About WD-40

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.