Core Viewpoint - Envestnet Asset Management Inc. has reduced its stake in WD-40 Company by 13.2%, indicating a shift in investment strategy among institutional investors [2][3]. Group 1: Institutional Holdings - Envestnet Asset Management Inc. now owns 48,262 shares of WD-40, valued at approximately $9,537,000 after selling 7,323 shares [2]. - Other hedge funds have also adjusted their positions, with HM Payson & Co. acquiring a new stake valued at $28,000, and Covestor Ltd increasing its holdings by 49,900.0% to own 500 shares worth $99,000 [3]. - 91.52% of WD-40's stock is owned by hedge funds and institutional investors, reflecting strong institutional interest [3]. Group 2: Analyst Ratings and Price Targets - Analysts have set a price target of $300.00 for WD-40, with an average rating of "Moderate Buy" [4]. - Weiss Ratings has maintained a "hold (c)" rating on the stock, while one analyst has rated it as a Buy [4]. Group 3: Insider Transactions - Director David Pendarvis purchased 424 shares at an average cost of $247.15, increasing his ownership by 6.55% to a total of 6,898 shares valued at approximately $1,704,840.70 [5]. Group 4: Financial Performance - WD-40 reported a quarterly EPS of $1.28, missing estimates of $1.45, with revenue of $154.42 million, slightly below the expected $155.10 million [7]. - The company has set FY 2026 guidance at 5.750-6.150 EPS, with analysts forecasting 5.42 EPS for the current fiscal year [7]. Group 5: Dividend Information - WD-40 announced a quarterly dividend of $1.02 per share, up from the previous $0.94, representing an annualized dividend of $4.08 and a yield of 1.7% [8].