Quaker Chemical Co. (NYSE:KWR) Position Boosted by Amundi

Amundi grew its position in shares of Quaker Chemical Co. (NYSE:KWR - Free Report) by 191.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of KWR. Atria Investments Inc increased its position in Quaker Chemical by 41.1% during the 3rd quarter. Atria Investments Inc now owns 2,641 shares of the specialty chemicals company's stock worth $445,000 after purchasing an additional 769 shares in the last quarter. Victory Capital Management Inc. grew its stake in Quaker Chemical by 5.1% during the third quarter. Victory Capital Management Inc. now owns 5,332 shares of the specialty chemicals company's stock worth $898,000 after buying an additional 259 shares during the period. KBC Group NV increased its position in shares of Quaker Chemical by 50.9% in the third 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 purchased a new position in shares of Quaker Chemical in the 3rd quarter valued at $2,488,000. Finally, King Luther Capital Management Corp lifted its holdings in shares of Quaker Chemical by 5.6% during the 3rd quarter. King Luther Capital Management Corp now owns 23,591 shares of the specialty chemicals company's stock valued at $3,975,000 after acquiring an additional 1,249 shares in the last quarter. 77.46% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

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

Quaker Chemical Stock Down 0.2 %

KWR traded down $0.27 during trading hours on Friday, reaching $129.15. 298,869 shares of the stock traded hands, compared to its average volume of 107,879. Quaker Chemical Co. has a fifty-two week low of $124.66 and a fifty-two week high of $207.83. The company has a market cap of $2.28 billion, a price-to-earnings ratio of 18.94, a PEG 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. The firm's fifty day simple moving average is $136.96 and its two-hundred day simple moving average is $150.07.

Quaker Chemical (NYSE:KWR - Get Free Report) last announced its earnings results on Monday, February 24th. The specialty chemicals company reported $1.33 earnings per share for the quarter, missing the consensus estimate 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 analyst estimates of $430.47 million. During the same quarter in the prior year, the business earned $1.78 earnings per share. As a group, analysts forecast that Quaker Chemical Co. will post 7.75 earnings per share for the current fiscal year.

Quaker Chemical Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be issued a dividend of $0.485 per share. The ex-dividend date is Wednesday, April 16th. This represents a $1.94 annualized dividend and a yield of 1.50%. Quaker Chemical's dividend payout ratio is presently 29.80%.

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.