2,158 Shares in Quaker Chemical Co. (NYSE:KWR) Bought by Semanteon Capital Management LP

Semanteon Capital Management LP acquired a new position in shares of Quaker Chemical Co. (NYSE:KWR) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 2,158 shares of the specialty chemicals company’s stock, valued at approximately $304,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Victory Capital Management Inc. boosted its position in Quaker Chemical by 5.1% during 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 during the period. KBC Group NV boosted its position in Quaker Chemical by 50.9% during 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 during the period. Natixis Advisors LLC acquired a new position in Quaker Chemical during the 3rd quarter worth $2,488,000. King Luther Capital Management Corp boosted its position in 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 worth $3,975,000 after acquiring an additional 1,249 shares during the period. Finally, Intech Investment Management LLC boosted its position in Quaker Chemical by 79.1% during the 3rd quarter. Intech Investment Management LLC now owns 6,321 shares of the specialty chemicals company’s stock worth $1,065,000 after acquiring an additional 2,791 shares during the period. 77.46% of the stock is currently owned by institutional investors.

Quaker Chemical Stock Down 0.2 %

NYSE:KWR opened at $129.15 on Friday. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of 18.94, a PEG ratio of 1.62 and a beta of 1.43. Quaker Chemical Co. has a 1-year low of $124.66 and a 1-year high of $207.83. The company has a current ratio of 2.54, a quick ratio of 1.88 and a debt-to-equity ratio of 0.48. The business’s fifty day moving average price is $136.96 and its 200 day moving average price is $150.17.

Quaker Chemical (NYSE:KWR) last posted its quarterly 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). The business 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. On average, sell-side analysts forecast that Quaker Chemical Co. will post 7.75 earnings per share for the current fiscal year.

Quaker Chemical Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a $0.485 dividend. This represents a $1.94 annualized dividend and a yield of 1.50%. The ex-dividend date is Wednesday, April 16th. Quaker Chemical’s payout ratio is currently 29.80%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on KWR shares. Piper Sandler reiterated a “neutral” rating and set a $170.00 price target (down previously from $200.00) on shares of Quaker Chemical in a research report on Tuesday, January 7th. Royal Bank of Canada cut their price objective on Quaker Chemical from $172.00 to $169.00 and set an “outperform” rating for the company in a report on Wednesday, February 26th. Finally, StockNews.com lowered Quaker Chemical from a “buy” rating to a “hold” rating in a 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.