Dimensional Fund Advisors LP Purchases 51,393 Shares of Quaker Chemical Co. (NYSE:KWR)

Dimensional Fund Advisors LP boosted its position in Quaker Chemical Co. (NYSE:KWR - Free Report) by 13.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 445,365 shares of the specialty chemicals company's stock after acquiring an additional 51,393 shares during the period. Dimensional Fund Advisors LP owned about 2.50% of Quaker Chemical worth $62,689,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bridge City Capital LLC grew its position in shares of Quaker Chemical by 0.5% during the fourth quarter. Bridge City Capital LLC now owns 16,107 shares of the specialty chemicals company's stock worth $2,267,000 after buying an additional 85 shares in the last quarter. Harbor Capital Advisors Inc. raised its stake in Quaker Chemical by 1.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 9,013 shares of the specialty chemicals company's stock valued at $1,269,000 after purchasing an additional 110 shares during the period. Covestor Ltd boosted its stake in shares of Quaker Chemical by 24.8% during the 4th quarter. Covestor Ltd now owns 665 shares of the specialty chemicals company's stock valued at $94,000 after buying an additional 132 shares during the period. Park Avenue Securities LLC increased its stake in shares of Quaker Chemical by 9.2% during the 4th quarter. Park Avenue Securities LLC now owns 1,729 shares of the specialty chemicals company's stock worth $243,000 after purchasing an additional 146 shares during the last quarter. Finally, Corient Private Wealth LLC raised its stake in shares of Quaker Chemical by 5.1% in the 4th quarter. Corient Private Wealth LLC now owns 3,095 shares of the specialty chemicals company's stock valued at $436,000 after acquiring an additional 149 shares in the last quarter. 77.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Piper Sandler cut their price objective on shares of Quaker Chemical from $170.00 to $140.00 and set a "neutral" rating for the company in a research report on Wednesday, April 2nd. StockNews.com lowered shares of Quaker Chemical from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Finally, Royal Bank of Canada dropped 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.

Quaker Chemical Stock Performance

NYSE:KWR traded up $0.45 on Wednesday, hitting $100.10. The company's stock had a trading volume of 125,401 shares, compared to its average volume of 130,024. The firm has a market capitalization of $1.77 billion, a P/E ratio of 14.68, a price-to-earnings-growth ratio of 1.62 and a beta of 1.42. 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 one year low of $95.91 and a one year high of $197.03. The stock has a fifty day moving average of $116.24 and a two-hundred day moving average of $137.00.

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

Quaker Chemical Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th were given a dividend of $0.485 per share. The ex-dividend date was Wednesday, April 16th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 1.94%. Quaker Chemical's dividend payout ratio (DPR) is presently 36.67%.

Quaker Chemical Company 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.