1 day Ago By ABMN Staff
Wells Fargo & Company MN reduced its position in WD-40 ( NASDAQ:WDFC – Free Report ) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,910 shares of the specialty chemicals company’s stock after selling 1,405 shares during the quarter.
Wells Fargo & Company MN’s holdings in WD-40 were worth $19,150,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also bought and sold shares of the company. Landscape Capital Management L.
L.C. acquired a new stake in shares of WD-40 in the 4th quarter worth $2,538,000.
Geode Capital Management LLC raised its stake in WD-40 by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 385,779 shares of the specialty chemicals company’s stock valued at $93,638,000 after buying an additional 7,664 shares during the last quarter.
Alliancebernstein L.P. boosted its holdings in WD-40 by 0.
9% in the fourth quarter. Alliancebernstein L.P.
now owns 23,997 shares of the specialty chemicals company’s stock worth $5,824,000 after acquiring an additional 212 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of WD-40 by 3.0% during the fourth quarter.
O Shaughnessy Asset Management LLC now owns 3,359 shares of the specialty chemicals company’s stock worth $815,000 after acquiring an additional 98 shares during the last quarter. Finally, Schroder Investment Management Group acquired a new position in shares of WD-40 during the fourth quarter valued at about $1,071,000. 91.
52% of the stock is owned by hedge funds and other institutional investors. Analyst Ratings Changes Separately, DA Davidson reiterated a “buy” rating and issued a $322.00 target price on shares of WD-40 in a research note on Monday, January 27th.
WD-40 Price Performance NASDAQ WDFC opened at $222.03 on Monday. The stock’s fifty day moving average price is $236.
01 and its 200 day moving average price is $249.99. WD-40 has a 1 year low of $208.
00 and a 1 year high of $292.36. The company has a debt-to-equity ratio of 0.
37, a current ratio of 2.44 and a quick ratio of 1.75.
The company has a market cap of $3.01 billion, a price-to-earnings ratio of 42.53 and a beta of 0.
03. WD-40 ( NASDAQ:WDFC – Get Free Report ) last announced its quarterly earnings data on Tuesday, April 8th. The specialty chemicals company reported $1.
32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.05.
WD-40 had a return on equity of 31.68% and a net margin of 11.78%.
The business had revenue of $146.10 million for the quarter, compared to analyst estimates of $154.40 million.
During the same period in the prior year, the company earned $1.14 earnings per share. The company’s revenue was up 5.
0% on a year-over-year basis. As a group, equities research analysts forecast that WD-40 will post 5.42 earnings per share for the current year.
WD-40 Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th will be issued a $0.94 dividend.
This represents a $3.76 annualized dividend and a dividend yield of 1.69%.
The ex-dividend date is Thursday, April 17th. WD-40’s dividend payout ratio (DPR) is currently 59.97%.
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. Featured Articles 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.com's FREE daily email newsletter .
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