First Trust Advisors Boosts Stake in WD-40 Company

Investment firm increases holding in specialty chemicals company by over 110%

Mar. 13, 2026 at 7:55am

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First Trust Advisors LP has significantly increased its stake in WD-40 Company (NASDAQ:WDFC), the maker of the popular multi-use lubricant product. According to a recent 13F filing, the investment firm boosted its position in WD-40 by 110.1% during the third quarter, now owning approximately 1.32% of the specialty chemicals company's shares.

Why it matters

WD-40 is a well-known brand with a loyal customer base, and the company's stock has been a consistent performer. The increased investment by First Trust Advisors suggests they see further growth potential in the company, which could signal positive sentiment among institutional investors.

The details

In the third quarter, First Trust Advisors added 93,502 shares of WD-40, bringing its total holding to 178,395 shares. This represents a 110.1% increase in the firm's position. At the end of the reporting period, the shares were valued at $35,251,000, making First Trust Advisors one of WD-40's larger institutional investors.

  • First Trust Advisors increased its WD-40 stake during the third quarter of 2026.

The players

First Trust Advisors LP

An investment management firm that provides a variety of financial products and services, including mutual funds, exchange-traded funds, and other investment vehicles.

WD-40 Company

A specialty chemicals company best known for its flagship WD-40 multi-use product, a popular lubricant and cleaning solution.

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The takeaway

The significant increase in First Trust Advisors' stake in WD-40 Company suggests the investment firm sees strong growth potential in the specialty chemicals maker. This could signal broader institutional confidence in WD-40's business and its ability to continue its track record of consistent performance.