F M Investments LLC Has $1.76 Million Stock Holdings in Quaker Chemical Co. (NYSE:KWR)

F M Investments LLC cut its holdings in Quaker Chemical Co. (NYSE:KWR - Free Report) by 58.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,473 shares of the specialty chemicals company's stock after selling 17,360 shares during the period. F M Investments LLC owned 0.07% of Quaker Chemical worth $1,756,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Quaker Chemical by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 1,638,419 shares of the specialty chemicals company's stock valued at $230,624,000 after buying an additional 23,832 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Quaker Chemical by 19.2% in the fourth quarter. JPMorgan Chase & Co. now owns 759,233 shares of the specialty chemicals company's stock worth $106,870,000 after acquiring an additional 122,494 shares during the last quarter. Royce & Associates LP grew its stake in shares of Quaker Chemical by 27.8% in the fourth quarter. Royce & Associates LP now owns 555,219 shares of the specialty chemicals company's stock worth $78,153,000 after acquiring an additional 120,916 shares during the last quarter. State Street Corp increased its position in Quaker Chemical by 3.8% during the third quarter. State Street Corp now owns 554,612 shares of the specialty chemicals company's stock worth $93,447,000 after acquiring an additional 20,059 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its stake in Quaker Chemical by 26.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 394,708 shares of the specialty chemicals company's stock valued at $53,680,000 after purchasing an additional 82,843 shares during the last quarter. 77.46% of the stock is currently owned by institutional investors.

Quaker Chemical Price Performance

Shares of Quaker Chemical stock traded up $0.51 during trading on Thursday, hitting $101.42. 34,945 shares of the company's stock traded hands, compared to its average volume of 125,225. The company has a market cap of $1.79 billion, a PE ratio of 14.87, a PEG ratio of 1.62 and a beta of 1.44. The firm's fifty day moving average price is $127.51 and its 200 day moving average price is $143.15. Quaker Chemical Co. has a twelve month low of $95.91 and a twelve month high of $197.03. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.54 and a quick ratio of 1.88.

Quaker Chemical (NYSE:KWR - Get Free Report) last released its quarterly earnings data 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). The company had revenue of $444.09 million for the quarter, compared to analyst estimates of $430.47 million. Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. During the same period in the previous year, the firm posted $1.78 earnings per share. Analysts forecast that Quaker Chemical Co. will post 7.75 earnings per share for the current year.

Quaker Chemical Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.485 per share. This represents a $1.94 annualized dividend and a yield of 1.91%. The ex-dividend date is Wednesday, April 16th. Quaker Chemical's dividend payout ratio is currently 29.80%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on KWR shares. Piper Sandler dropped their price objective on shares of Quaker Chemical from $170.00 to $140.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Royal Bank of Canada lowered their price target on Quaker Chemical from $172.00 to $169.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 26th. Finally, StockNews.com cut Quaker Chemical from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th.

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.