Vanguard Group Inc. Has $341.26 Million Stock Position in Quaker Chemical Co. (NYSE:KWR)

Vanguard Group Inc. raised its position in Quaker Chemical Co. (NYSE:KWR) by 0.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,599,027 shares of the specialty chemicals company’s stock after buying an additional 11,807 shares during the period. Vanguard Group Inc. owned 0.09% of Quaker Chemical worth $341,264,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC boosted its holdings in shares of Quaker Chemical by 8.6% in the 4th quarter. SG Americas Securities LLC now owns 856 shares of the specialty chemicals company’s stock worth $183,000 after acquiring an additional 68 shares in the last quarter. Comerica Bank raised its position in Quaker Chemical by 1.1% in the 4th quarter. Comerica Bank now owns 9,057 shares of the specialty chemicals company’s stock valued at $1,933,000 after purchasing an additional 96 shares during the last quarter. Strs Ohio boosted its stake in Quaker Chemical by 50.0% in the fourth quarter. Strs Ohio now owns 300 shares of the specialty chemicals company’s stock worth $64,000 after purchasing an additional 100 shares in the last quarter. Personal CFO Solutions LLC grew its holdings in shares of Quaker Chemical by 8.1% during the fourth quarter. Personal CFO Solutions LLC now owns 1,369 shares of the specialty chemicals company’s stock worth $292,000 after purchasing an additional 102 shares during the last quarter. Finally, Teacher Retirement System of Texas increased its stake in shares of Quaker Chemical by 9.7% in the fourth quarter. Teacher Retirement System of Texas now owns 1,385 shares of the specialty chemicals company’s stock valued at $296,000 after buying an additional 122 shares in the last quarter. 77.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on KWR shares. Piper Sandler started coverage on shares of Quaker Chemical in a research report on Thursday, May 16th. They set an “overweight” rating and a $220.00 price target on the stock. StockNews.com upgraded shares of Quaker Chemical from a “hold” rating to a “buy” rating in a research report on Wednesday, April 3rd. Finally, Royal Bank of Canada raised their price target on shares of Quaker Chemical from $200.00 to $223.00 and gave the company an “outperform” rating in a report on Monday, March 4th.

Quaker Chemical Price Performance

Shares of KWR stock opened at $169.70 on Friday. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 25.83, a PEG ratio of 1.34 and a beta of 1.42. Quaker Chemical Co. has a 12 month low of $138.67 and a 12 month high of $221.94. The company has a quick ratio of 1.98, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. The stock has a 50-day moving average price of $181.37 and a 200 day moving average price of $193.47.

Quaker Chemical (NYSE:KWR) last issued its quarterly earnings results on Thursday, May 2nd. The specialty chemicals company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.97 by $0.12. Quaker Chemical had a net margin of 6.16% and a return on equity of 10.35%. The company had revenue of $469.76 million during the quarter, compared to analysts’ expectations of $494.53 million. During the same quarter in the previous year, the company earned $1.89 EPS. Quaker Chemical’s revenue was down 6.1% on a year-over-year basis. Research analysts expect that Quaker Chemical Co. will post 8.68 EPS for the current year.

Quaker Chemical Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 17th will be paid a $0.455 dividend. This represents a $1.82 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend is Wednesday, July 17th. Quaker Chemical’s dividend payout ratio (DPR) is currently 27.70%.

Quaker Chemical Company Profile

Quaker Chemical Corporation, together with its subsidiaries, develops, produces, and markets various formulated specialty chemical products for a range of heavy industrial and manufacturing applications in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die-cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids, and surface treatment chemicals.