Inspire Investing LLC Has $403,000 Stock Position in Quaker Chemical Co. (NYSE:KWR)

Inspire Investing LLC grew its position in Quaker Chemical Co. (NYSE:KWR) by 17.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,866 shares of the specialty chemicals company’s stock after acquiring an additional 432 shares during the quarter. Inspire Investing LLC’s holdings in Quaker Chemical were worth $403,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of KWR. Park Avenue Securities LLC boosted its stake in Quaker Chemical by 9.2% during 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 in the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of 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 acquiring an additional 110 shares in the last quarter. JPMorgan Chase & Co. increased its stake 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 acquiring an additional 90,726 shares during the period. Lord Abbett & CO. LLC raised its position in Quaker Chemical by 53.3% in the third quarter. Lord Abbett & CO. LLC now owns 46,158 shares of the specialty chemicals company’s stock worth $7,777,000 after purchasing an additional 16,051 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in Quaker Chemical by 12.8% during the third 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. 77.46% of the stock is currently owned by institutional investors.

Insider Transactions at Quaker Chemical

In other news, EVP Jeewat Bijlani sold 645 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $165.98, for a total value of $107,057.10. Following the completion of the transaction, the executive vice president now owns 4,747 shares of the company’s stock, valued at $787,907.06. The trade was a 11.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP David Slinkman sold 1,700 shares of Quaker Chemical stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $167.80, for a total value of $285,260.00. Following the transaction, the senior vice president now owns 2,825 shares in the company, valued at approximately $474,035. This represents a 37.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

Quaker Chemical Trading Down 1.3 %

KWR opened at $138.44 on Friday. 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 stock has a market capitalization of $2.46 billion, a PE ratio of 20.30, a PEG ratio of 1.53 and a beta of 1.39. The firm has a 50-day moving average price of $146.01 and a two-hundred day moving average price of $159.42. Quaker Chemical Co. has a 1-year low of $124.66 and a 1-year high of $207.83.

Quaker Chemical (NYSE:KWR) last released its earnings results on Thursday, October 31st. The specialty chemicals company reported $1.89 earnings per share for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.19). The firm had revenue of $462.27 million for the quarter, compared to the consensus estimate of $469.17 million. Quaker Chemical had a return on equity of 10.10% and a net margin of 6.58%. The company’s revenue was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.05 EPS. As a group, equities analysts anticipate that Quaker Chemical Co. will post 7.75 earnings per share for the current fiscal year.

Quaker Chemical Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be paid a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Friday, January 17th. Quaker Chemical’s dividend payout ratio (DPR) is currently 28.45%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on KWR shares. Deutsche Bank Aktiengesellschaft dropped their target price on Quaker Chemical from $190.00 to $182.00 and set a “buy” rating for the company in a report on Monday, November 4th. StockNews.com upgraded Quaker Chemical from a “hold” rating to a “buy” rating in a research note on Thursday, November 28th. Piper Sandler restated a “neutral” rating and issued a $170.00 target price (down previously from $200.00) on shares of Quaker Chemical in a research note on Tuesday, January 7th. Finally, Royal Bank of Canada dropped their target price on shares of Quaker Chemical from $195.00 to $180.00 and set an “outperform” rating for the company in a research report on Monday, November 4th.

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.