3,211 Shares in Quaker Houghton (NYSE:KWR) Purchased by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in Quaker Houghton (NYSE:KWR - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,211 shares of the specialty chemicals company's stock, valued at approximately $397,000.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Quaker Houghton by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 1,638,419 shares of the specialty chemicals company's stock worth $230,624,000 after acquiring an additional 23,832 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Quaker Houghton by 19.2% in the fourth quarter. JPMorgan Chase & Co. now owns 759,233 shares of the specialty chemicals company's stock worth $106,870,000 after acquiring an additional 122,494 shares during the last quarter. Royce & Associates LP lifted its holdings in Quaker Houghton by 27.8% in the fourth quarter. Royce & Associates LP now owns 555,219 shares of the specialty chemicals company's stock worth $78,153,000 after acquiring an additional 120,916 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Quaker Houghton by 13.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 445,365 shares of the specialty chemicals company's stock worth $62,689,000 after acquiring an additional 51,393 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its holdings in Quaker Houghton by 4.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 378,092 shares of the specialty chemicals company's stock worth $53,221,000 after acquiring an additional 17,048 shares during the last quarter. Institutional investors own 77.46% of the company's stock.

Quaker Houghton Stock Performance

KWR opened at $115.95 on Wednesday. Quaker Houghton has a twelve month low of $95.91 and a twelve month high of $193.74. The stock has a market cap of $2.05 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 1.14 and a beta of 1.38. The business's 50 day moving average is $108.12 and its 200-day moving average is $124.80. The company has a current ratio of 2.45, a quick ratio of 1.79 and a debt-to-equity ratio of 0.50.

Quaker Houghton (NYSE:KWR - Get Free Report) last announced its earnings results on Thursday, May 1st. The specialty chemicals company reported $1.58 EPS for the quarter, topping 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 Houghton had a return on equity of 8.86% and a net margin of 5.20%. The firm's quarterly revenue was down 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.09 earnings per share. On average, analysts predict that Quaker Houghton will post 7.75 earnings per share for the current year.

Quaker Houghton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 17th will be given a dividend of $0.485 per share. This represents a $1.94 annualized dividend and a yield of 1.67%. The ex-dividend date is Thursday, July 17th. Quaker Houghton's payout ratio is 36.67%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on KWR. Wall Street Zen cut shares of Quaker Houghton from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Piper Sandler cut their price target on Quaker Houghton from $170.00 to $140.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Jefferies Financial Group raised Quaker Houghton from a "hold" rating to a "buy" rating and set a $146.00 price target on the stock in a report on Monday, June 9th. Finally, Royal Bank Of Canada cut their price target on Quaker Houghton from $172.00 to $169.00 and set an "outperform" rating on the stock in a report on Wednesday, February 26th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $159.25.

Quaker Houghton 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.

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