Janus Henderson Group PLC Grows Stock Holdings in Quaker Chemical Co. (NYSE:KWR)

Janus Henderson Group PLC raised its position in Quaker Chemical Co. (NYSE:KWR - Free Report) by 917.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 57,370 shares of the specialty chemicals company's stock after purchasing an additional 51,732 shares during the period. Janus Henderson Group PLC owned 0.32% of Quaker Chemical worth $9,666,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC grew its position in shares of Quaker Chemical by 337.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 224,008 shares of the specialty chemicals company's stock worth $38,014,000 after buying an additional 172,750 shares during the period. Marshall Wace LLP grew its holdings in Quaker Chemical by 2,077.7% in the second quarter. Marshall Wace LLP now owns 138,239 shares of the specialty chemicals company's stock worth $23,459,000 after purchasing an additional 131,891 shares during the period. WCM Investment Management LLC bought a new stake in Quaker Chemical in the third quarter valued at $9,288,000. Cerity Partners LLC raised its holdings in shares of Quaker Chemical by 485.5% during the third quarter. Cerity Partners LLC now owns 64,631 shares of the specialty chemicals company's stock valued at $10,890,000 after purchasing an additional 53,592 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Quaker Chemical by 14.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 359,617 shares of the specialty chemicals company's stock worth $61,027,000 after purchasing an additional 46,240 shares in the last quarter. 77.46% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, SVP David Slinkman sold 1,700 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $167.80, for a total transaction of $285,260.00. Following the completion of the transaction, the senior vice president now directly owns 2,825 shares of the company's stock, valued at $474,035. This represents a 37.57 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jeewat Bijlani sold 645 shares of Quaker Chemical stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $165.98, for a total transaction of $107,057.10. Following the completion of the sale, the executive vice president now directly owns 4,747 shares in the company, valued at $787,907.06. This trade represents a 11.96 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on KWR shares. StockNews.com raised Quaker Chemical from a "hold" rating to a "buy" rating in a research note on Thursday, November 28th. Deutsche Bank Aktiengesellschaft lowered their target price on Quaker Chemical from $190.00 to $182.00 and set a "buy" rating on the stock in a research report on Monday, November 4th. Piper Sandler boosted their price target on shares of Quaker Chemical from $190.00 to $200.00 and gave the company an "overweight" rating in a research note on Friday, November 8th. Finally, Royal Bank of Canada dropped their price objective on shares of Quaker Chemical from $195.00 to $180.00 and set an "outperform" rating on the stock in a research note on Monday, November 4th.

Quaker Chemical Stock Down 0.5 %

Shares of KWR stock traded down $0.73 during trading hours on Monday, reaching $156.19. The company had a trading volume of 118,625 shares, compared to its average volume of 96,294. The business has a fifty day simple moving average of $161.58 and a 200-day simple moving average of $167.42. Quaker Chemical Co. has a 12 month low of $151.31 and a 12 month high of $221.94. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 22.90, a price-to-earnings-growth ratio of 1.89 and a beta of 1.38. 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 posted its quarterly earnings data on Thursday, October 31st. The specialty chemicals company reported $1.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.08 by ($0.19). The firm had revenue of $462.27 million for the quarter, compared to analysts' expectations of $469.17 million. Quaker Chemical had a return on equity of 10.10% and a net margin of 6.58%. Quaker Chemical's revenue was down 5.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.05 earnings per share. On average, research analysts expect that Quaker Chemical Co. will post 7.78 earnings per share for the current fiscal year.

Quaker Chemical Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be paid a $0.485 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $1.94 annualized dividend and a yield of 1.24%. Quaker Chemical's dividend payout ratio (DPR) is 28.45%.

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.