JPMorgan Chase & Co. Grows Stake in WD-40 (NASDAQ:WDFC)

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JPMorgan Chase & Co. grew its holdings in shares of WD-40 (NASDAQ:WDFC – Free Report) by 51.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 81,634 shares of the specialty chemicals company’s stock after buying an additional 27,684 shares during the period. JPMorgan Chase & [...]

JPMorgan Chase & Co. grew its holdings in shares of WD-40 ( NASDAQ:WDFC – Free Report ) by 51.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC.

The firm owned 81,634 shares of the specialty chemicals company’s stock after buying an additional 27,684 shares during the period. JPMorgan Chase & Co. owned 0.



60% of WD-40 worth $19,811,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc.

purchased a new position in WD-40 during the 4th quarter valued at $17,903,000. Barclays PLC boosted its stake in shares of WD-40 by 309.7% during the 3rd quarter.

Barclays PLC now owns 37,094 shares of the specialty chemicals company’s stock valued at $9,566,000 after purchasing an additional 28,039 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of WD-40 during the fourth quarter valued at about $6,537,000. GCQ FUNDS MANAGEMENT PTY Ltd bought a new position in WD-40 in the fourth quarter worth about $4,532,000.

Finally, Vanguard Group Inc. raised its stake in WD-40 by 1.0% in the fourth quarter.

Vanguard Group Inc. now owns 1,627,684 shares of the specialty chemicals company’s stock worth $395,006,000 after buying an additional 16,763 shares in the last quarter. Institutional investors own 91.

52% of the company’s stock. WD-40 Stock Performance Shares of WD-40 stock opened at $221.35 on Friday.

The business has a fifty day simple moving average of $236.35 and a two-hundred day simple moving average of $250.26.

The firm has a market capitalization of $3.00 billion, a P/E ratio of 42.40 and a beta of 0.

03. The company has a current ratio of 2.44, a quick ratio of 1.

75 and a debt-to-equity ratio of 0.37. WD-40 has a 12 month low of $208.

00 and a 12 month high of $292.36. WD-40 Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th.

Investors of record on Friday, April 18th will be given a dividend of $0.94 per share. This represents a $3.

76 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date of this dividend is Thursday, April 17th.

WD-40’s dividend payout ratio (DPR) is presently 72.03%. Wall Street Analysts Forecast Growth Separately, DA Davidson reiterated a “buy” rating and set a $322.

00 target price on shares of WD-40 in a report on Monday, January 27th. Check Out Our Latest Report on WD-40 WD-40 Company Profile ( Free Report ) 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.

See Also Want to see what other hedge funds are holding WDFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WD-40 ( NASDAQ:WDFC – Free Report ). Receive News & Ratings for WD-40 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WD-40 and related companies with MarketBeat.

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