Principal Financial Group Inc. reduced its stake in WD-40 Company by 8.4%, selling 5,987 shares, though it still holds 65,504 shares valued at $12.94 million. Concurrently, a director, David Pendarvis, increased his holdings by purchasing 424 shares. Despite missing quarterly EPS and slightly missing revenue estimates, WD-40 raised its quarterly dividend and provided a positive FY2026 earnings guidance.
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Principal Financial Group Inc. Sells 5,987 Shares of WD-40 Company $WDFC
Principal Financial Group Inc. reduced its stake in WD-40 Company by 8.4%, selling 5,987 shares, though it still holds 65,504 shares valued at $12.94 million. Concurrently, a director, David Pendarvis, increased his holdings by purchasing 424 shares. Despite missing quarterly EPS and slightly missing revenue estimates, WD-40 raised its quarterly dividend and provided a positive FY2026 earnings guidance.