Dimensional Fund Advisors LP Has $61.03 Million Position in Quaker Chemical Co. (NYSE:KWR)

Dimensional Fund Advisors LP boosted its position in Quaker Chemical Co. (NYSE:KWR) by 14.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 359,617 shares of the specialty chemicals company’s stock after buying an additional 46,240 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.00% of Quaker Chemical worth $61,027,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Fidelis Capital Partners LLC acquired a new stake in shares of Quaker Chemical in the first quarter valued at approximately $25,000. First Pacific Financial bought a new position in Quaker Chemical in the second quarter valued at $25,000. Mather Group LLC. acquired a new stake in Quaker Chemical in the 1st quarter valued at $41,000. Fifth Third Bancorp lifted its position in Quaker Chemical by 36.8% during the 2nd quarter. Fifth Third Bancorp now owns 286 shares of the specialty chemicals company’s stock worth $49,000 after buying an additional 77 shares in the last quarter. Finally, TFO Wealth Partners LLC boosted its stake in shares of Quaker Chemical by 20,700.0% during the 4th quarter. TFO Wealth Partners LLC now owns 416 shares of the specialty chemicals company’s stock worth $89,000 after buying an additional 414 shares during the last quarter. Institutional investors own 77.46% of the company’s stock.

Wall Street Analyst Weigh In

KWR has been the topic of several analyst reports. StockNews.com lowered Quaker Chemical from a “buy” rating to a “hold” rating in a report on Friday, August 2nd. Royal Bank of Canada dropped their price objective on Quaker Chemical from $220.00 to $195.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Quaker Chemical from $225.00 to $190.00 and set a “buy” rating for the company in a research note on Monday, August 26th.

Quaker Chemical Trading Up 1.8 %

Shares of NYSE:KWR opened at $171.97 on Friday. Quaker Chemical Co. has a 52-week low of $138.67 and a 52-week high of $221.94. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.94 and a current ratio of 2.63. The company has a market capitalization of $3.09 billion, a P/E ratio of 26.18, a price-to-earnings-growth ratio of 1.89 and a beta of 1.37. The company has a 50-day simple moving average of $167.32 and a 200 day simple moving average of $179.28.

Quaker Chemical (NYSE:KWR) last released its quarterly earnings data on Monday, August 5th. The specialty chemicals company reported $2.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.08). The business had revenue of $463.57 million during the quarter, compared to analyst estimates of $493.68 million. Quaker Chemical had a net margin of 6.56% and a return on equity of 10.49%. The business’s quarterly revenue was down 6.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.93 earnings per share. Sell-side analysts forecast that Quaker Chemical Co. will post 8.3 earnings per share for the current year.

Quaker Chemical Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 17th will be given a dividend of $0.485 per share. This represents a $1.94 dividend on an annualized basis and a yield of 1.13%. This is a boost from Quaker Chemical’s previous quarterly dividend of $0.46. The ex-dividend date is Thursday, October 17th. Quaker Chemical’s payout ratio is 29.53%.

Quaker Chemical 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.