Charles Schwab Investment Management Inc. Buys 5,561 Shares of Quaker Chemical Co. (NYSE:KWR)

Charles Schwab Investment Management Inc. grew its stake in Quaker Chemical Co. (NYSE:KWR - Free Report) by 3.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 167,962 shares of the specialty chemicals company's stock after purchasing an additional 5,561 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.94% of Quaker Chemical worth $23,642,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Atria Investments Inc increased its stake in shares of Quaker Chemical by 41.1% in the 3rd quarter. Atria Investments Inc now owns 2,641 shares of the specialty chemicals company's stock worth $445,000 after acquiring an additional 769 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Quaker Chemical by 5.1% in the 3rd quarter. Victory Capital Management Inc. now owns 5,332 shares of the specialty chemicals company's stock worth $898,000 after acquiring an additional 259 shares in the last quarter. KBC Group NV increased its stake in shares of Quaker Chemical by 50.9% in the 3rd quarter. KBC Group NV now owns 525 shares of the specialty chemicals company's stock worth $88,000 after acquiring an additional 177 shares in the last quarter. Natixis Advisors LLC bought a new position in shares of Quaker Chemical in the 3rd quarter worth about $2,488,000. Finally, King Luther Capital Management Corp increased its stake in shares of Quaker Chemical by 5.6% in the 3rd quarter. King Luther Capital Management Corp now owns 23,591 shares of the specialty chemicals company's stock worth $3,975,000 after acquiring an additional 1,249 shares in the last quarter. 77.46% of the stock is currently owned by institutional investors.

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Quaker Chemical Stock Down 0.2 %

KWR stock traded down $0.27 during trading on Friday, hitting $129.15. 298,869 shares of the stock traded hands, compared to its average volume of 107,579. Quaker Chemical Co. has a 1 year low of $124.66 and a 1 year high of $207.83. The firm's 50 day moving average is $136.96 and its two-hundred day moving average is $150.17. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 18.94, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. 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 announced its quarterly earnings results on Monday, February 24th. The specialty chemicals company reported $1.33 earnings per share (EPS) 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 analysts' expectations 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 business earned $1.78 EPS. On average, sell-side analysts anticipate that Quaker Chemical Co. will post 7.75 EPS for the current year.

Quaker Chemical Dividend Announcement

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 issued a dividend of $0.485 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Wednesday, April 16th. Quaker Chemical's payout ratio is presently 29.80%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on KWR shares. Piper Sandler reiterated a "neutral" rating and issued a $170.00 price target (down from $200.00) on shares of Quaker Chemical in a research note on Tuesday, January 7th. StockNews.com downgraded shares of Quaker Chemical from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Finally, Royal Bank of Canada cut their price objective on shares of Quaker Chemical from $172.00 to $169.00 and set an "outperform" rating on the stock in a research 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.