WD-40 shares jump after strong Q3 earnings beat and improved full-year outlook

WD-40 Company (WDFC) is up 17.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The rally appears tied to a major fiscal third-quarter earnings beat, with revenue, profit, and adjusted earnings all rising sharply from a year earlier. Investors also seem to be responding to broad-based sales growth across regions, a new $100 million repurchase authorization, and updated full-year guidance that now includes the Americas homecare and cleaning brands in the company’s outlook.

Details:

Third-quarter net sales rose 24% to $195.1 million, while adjusted diluted EPS reached $2.33, well above the roughly $1.58 consensus figure.

Operating income increased 47% and adjusted net income climbed 50%, suggesting strong operating leverage as higher sales flowed through to profitability.

Maintenance products, which made up 97% of sales, grew 26%, helped by stronger WD-40 Multi-Use and Specialist demand in the U.S., EIMEA, China, and distributor markets.

Management updated fiscal 2026 guidance, now forecasting reported net sales of $675 million to $690 million and adjusted EPS of $6.05 to $6.35, while also authorizing a new $100 million share repurchase program effective September 1, 2026.

Sources:

WD-40 Company, SEC, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$WDFC Insider Trading Activity

$WDFC insiders have traded $WDFC stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $WDFC stock by insiders over the last 6 months:

DAVID PENDARVIS purchased 424 shares for an estimated $104,791

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$WDFC Hedge Fund Activity

We have seen 150 institutional investors add shares of $WDFC stock to their portfolio, and 139 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

THRIVENT FINANCIAL FOR LUTHERANS added 267,166 shares (+2874.0%) to their portfolio in Q1 2026, for an estimated $54,485,834
BALYASNY ASSET MANAGEMENT L.P. removed 148,759 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $30,337,910
FIRST TRUST ADVISORS LP added 121,358 shares (+41.9%) to their portfolio in Q1 2026, for an estimated $24,749,750
MORGAN STANLEY added 112,295 shares (+58.3%) to their portfolio in Q1 2026, for an estimated $22,901,442
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added 106,808 shares (+20.2%) to their portfolio in Q1 2026, for an estimated $21,782,423
CONESTOGA CAPITAL ADVISORS, LLC removed 106,647 shares (-35.9%) from their portfolio in Q1 2026, for an estimated $21,749,589
OPHIR ASSET MANAGEMENT PTY LTD added 105,755 shares (+inf%) to their portfolio in Q1 2026, for an estimated $21,567,674

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$WDFC Analyst Ratings

Wall Street analysts have issued reports on $WDFC in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

William Blair issued a "Outperform" rating on 04/06/2026

To track analyst ratings and price targets for $WDFC, check out Quiver Quantitative's $WDFC forecast page.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.