Bridge City Capital LLC Acquires 85 Shares of Quaker Chemical Co. (NYSE:KWR)

Bridge City Capital LLC lifted its holdings in Quaker Chemical Co. (NYSE:KWR) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,107 shares of the specialty chemicals company’s stock after acquiring an additional 85 shares during the period. Bridge City Capital LLC’s holdings in Quaker Chemical were worth $2,267,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in KWR. Harbor Capital Advisors Inc. boosted its holdings in shares of Quaker Chemical by 1.2% in the 4th 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 during the period. Park Avenue Securities LLC lifted its position in Quaker Chemical by 9.2% in the fourth quarter. Park Avenue Securities LLC now owns 1,729 shares of the specialty chemicals company’s stock worth $243,000 after buying an additional 146 shares during the last quarter. Corient Private Wealth LLC boosted its stake in Quaker Chemical by 5.1% during the fourth quarter. Corient Private Wealth LLC now owns 3,095 shares of the specialty chemicals company’s stock worth $436,000 after buying an additional 149 shares during the period. KBC Group NV increased its position in Quaker Chemical by 32.8% during the fourth quarter. KBC Group NV now owns 697 shares of the specialty chemicals company’s stock valued at $98,000 after acquiring an additional 172 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of Quaker Chemical by 5.1% in 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 last quarter. 77.46% of the stock is owned by institutional investors.

Quaker Chemical Price Performance

Quaker Chemical stock opened at $129.15 on Friday. 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 stock has a market cap of $2.28 billion, a price-to-earnings ratio of 18.94, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. The firm has a 50-day moving average of $136.96 and a two-hundred day moving average of $150.07. Quaker Chemical Co. has a 1 year low of $124.66 and a 1 year high of $207.83.

Quaker Chemical (NYSE:KWR) last announced its quarterly earnings results on Monday, February 24th. The specialty chemicals company reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.29). The firm had revenue of $444.09 million during the quarter, compared to analysts’ expectations of $430.47 million. Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. During the same quarter in the previous year, the firm posted $1.78 EPS. On average, research analysts forecast that Quaker Chemical Co. will post 7.75 earnings per share for the current year.

Quaker Chemical Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on KWR shares. StockNews.com downgraded shares of Quaker Chemical from a “buy” rating to a “hold” rating in a report on Wednesday, February 26th. Piper Sandler reiterated a “neutral” rating and issued a $170.00 price target (down from $200.00) on shares of Quaker Chemical in a report on Tuesday, January 7th. 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 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.