Quaker Chemical Co. (NYSE:KWR) Shares Purchased by Aquatic Capital Management LLC

Aquatic Capital Management LLC boosted its holdings in Quaker Chemical Co. (NYSE:KWR - Free Report) by 480.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,452 shares of the specialty chemicals company's stock after acquiring an additional 8,652 shares during the period. Aquatic Capital Management LLC owned 0.06% of Quaker Chemical worth $1,471,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in Quaker Chemical by 284.2% during the third quarter. Barclays PLC now owns 28,395 shares of the specialty chemicals company's stock worth $4,784,000 after buying an additional 21,004 shares during the period. Franklin Resources Inc. boosted its position in shares of Quaker Chemical by 12.8% during the 3rd quarter. Franklin Resources Inc. now owns 13,483 shares of the specialty chemicals company's stock worth $2,184,000 after purchasing an additional 1,532 shares during the period. Lord Abbett & CO. LLC increased its holdings in Quaker Chemical by 53.3% in the 3rd quarter. Lord Abbett & CO. LLC now owns 46,158 shares of the specialty chemicals company's stock valued at $7,777,000 after purchasing an additional 16,051 shares during the last quarter. JPMorgan Chase & Co. raised its position in Quaker Chemical by 16.6% in the third quarter. JPMorgan Chase & Co. now owns 636,739 shares of the specialty chemicals company's stock valued at $107,284,000 after purchasing an additional 90,726 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its stake in Quaker Chemical by 1.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 9,013 shares of the specialty chemicals company's stock worth $1,269,000 after purchasing an additional 110 shares in the last quarter. 77.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Quaker Chemical Stock Down 2.8 %

KWR traded down $2.94 on Monday, hitting $100.52. 21,302 shares of the company were exchanged, compared to its average volume of 165,745. The firm has a 50-day moving average price of $118.58 and a two-hundred day moving average price of $137.95. The company has a current ratio of 2.54, a quick ratio of 1.88 and a debt-to-equity ratio of 0.48. Quaker Chemical Co. has a twelve month low of $95.91 and a twelve month high of $197.03. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 14.74, a price-to-earnings-growth ratio of 1.62 and a beta of 1.42.

Quaker Chemical (NYSE:KWR - Get Free Report) last issued its earnings results on Thursday, May 1st. The specialty chemicals company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.06. The firm had revenue of $442.91 million for the quarter, compared to analysts' expectations of $455.23 million. Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. The firm's revenue was down 5.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.09 earnings per share. On average, equities analysts predict that Quaker Chemical Co. will post 7.75 earnings per share for the current year.

Quaker Chemical Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th were paid a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend was Wednesday, April 16th. Quaker Chemical's dividend payout ratio is presently 36.67%.

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.