Quaker Chemical Co. (NYSE:KWR) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in Quaker Chemical Co. (NYSE:KWR) by 3.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 167,962 shares of the specialty chemicals company’s stock after buying an additional 5,561 shares during the period. Charles Schwab Investment Management Inc. owned about 0.94% of Quaker Chemical worth $23,642,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Harbor Capital Advisors Inc. boosted its holdings in shares of Quaker Chemical by 1.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 9,013 shares of the specialty chemicals company’s stock valued at $1,269,000 after buying an additional 110 shares during the period. Park Avenue Securities LLC boosted its stake in Quaker Chemical by 9.2% during the 4th quarter. Park Avenue Securities LLC now owns 1,729 shares of the specialty chemicals company’s stock valued at $243,000 after purchasing an additional 146 shares during the period. KBC Group NV boosted its stake in Quaker Chemical by 32.8% during the 4th quarter. KBC Group NV now owns 697 shares of the specialty chemicals company’s stock valued at $98,000 after purchasing an additional 172 shares during the period. Victory Capital Management Inc. boosted its stake in Quaker Chemical by 5.1% during the 3rd quarter. Victory Capital Management Inc. now owns 5,332 shares of the specialty chemicals company’s stock valued at $898,000 after purchasing an additional 259 shares during the period. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Quaker Chemical during the 4th quarter valued at about $58,000. 77.46% of the stock is owned by institutional investors and hedge funds.

Quaker Chemical Stock Up 2.4 %

KWR stock opened at $129.76 on Wednesday. Quaker Chemical Co. has a 52 week low of $124.66 and a 52 week high of $207.83. The company has a market capitalization of $2.29 billion, a price-to-earnings ratio of 19.03, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. The firm’s 50-day moving average is $136.91 and its two-hundred day moving average is $150.73. The company has a current ratio of 2.54, a quick ratio of 1.88 and a debt-to-equity ratio of 0.48.

Quaker Chemical (NYSE:KWR) last released its quarterly earnings results on Monday, February 24th. The specialty chemicals company reported $1.33 EPS for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.29). Quaker Chemical had a return on equity of 10.10% and a net margin of 6.58%. The company had revenue of $444.09 million for the quarter, compared to the consensus estimate of $430.47 million. During the same quarter last year, the firm posted $1.78 earnings per share. On average, analysts forecast that Quaker Chemical Co. will post 7.75 earnings per share for the current fiscal year.

Quaker Chemical Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.485 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 1.50%. Quaker Chemical’s dividend payout ratio (DPR) is 29.80%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on KWR. Piper Sandler reissued a “neutral” rating and set a $170.00 target price (down from $200.00) on shares of Quaker Chemical in a research note on Tuesday, January 7th. StockNews.com lowered shares of Quaker Chemical from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Finally, Royal Bank of Canada reduced their target price on shares of Quaker Chemical from $172.00 to $169.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th.

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.