Quaker Chemical Co. (NYSE:KWR) Stock Holdings Lifted by Amundi

Amundi lifted its position in Quaker Chemical Co. (NYSE:KWR) by 191.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,215 shares of the specialty chemicals company’s stock after acquiring an additional 4,737 shares during the quarter. Amundi’s holdings in Quaker Chemical were worth $947,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KWR. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Quaker Chemical in the fourth quarter valued at $58,000. KBC Group NV raised its position in Quaker Chemical by 50.9% during the third quarter. KBC Group NV now owns 525 shares of the specialty chemicals company’s stock valued at $88,000 after buying an additional 177 shares during the period. Point72 Asia Singapore Pte. Ltd. lifted its stake in Quaker Chemical by 100.0% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 906 shares of the specialty chemicals company’s stock worth $153,000 after acquiring an additional 453 shares in the last quarter. iSAM Funds UK Ltd acquired a new stake in Quaker Chemical during the 3rd quarter worth about $208,000. Finally, CIBC Asset Management Inc purchased a new position in Quaker Chemical during the 4th quarter valued at about $211,000. Institutional investors and hedge funds own 77.46% of the company’s stock.

Quaker Chemical Price Performance

Shares of KWR opened at $130.32 on Thursday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.88 and a current ratio of 2.54. The firm has a market cap of $2.30 billion, a PE ratio of 19.11, a PEG ratio of 1.62 and a beta of 1.43. The firm’s 50 day moving average price is $136.90 and its 200 day moving average price is $150.59. Quaker Chemical Co. has a twelve month low of $124.66 and a twelve month high of $207.83.

Quaker Chemical (NYSE:KWR) last released its quarterly earnings results on Monday, February 24th. The specialty chemicals company reported $1.33 earnings per share for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.29). Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. The business had revenue of $444.09 million for the quarter, compared to the consensus estimate of $430.47 million. During the same quarter in the prior year, the business posted $1.78 EPS. As a group, research analysts expect that Quaker Chemical Co. will post 7.75 EPS 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. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.485 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.94 annualized dividend and a dividend yield of 1.49%. Quaker Chemical’s dividend payout ratio (DPR) is presently 29.80%.

Analyst Upgrades and Downgrades

Several analysts recently commented on KWR shares. Royal Bank of Canada decreased their price target on shares of Quaker Chemical from $172.00 to $169.00 and set an “outperform” rating for the company in a report on Wednesday, February 26th. Piper Sandler restated a “neutral” rating and set a $170.00 price target (down from $200.00) on shares of Quaker Chemical in a report on Tuesday, January 7th. Finally, StockNews.com cut Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th.

About Quaker Chemical

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.