David Slinkman Sells 1,700 Shares of Quaker Chemical Co. (NYSE:KWR) Stock

Quaker Chemical Co. (NYSE:KWR) SVP David Slinkman sold 1,700 shares of the business’s 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 sale, the senior vice president now owns 2,825 shares in the company, valued at approximately $474,035. The trade was a 37.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Quaker Chemical Stock Down 1.2 %

Shares of KWR stock opened at $155.94 on Thursday. Quaker Chemical Co. has a 12 month low of $151.31 and a 12 month high of $221.94. The firm has a market cap of $2.77 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 1.96 and a beta of 1.38. The stock has a 50 day moving average of $163.60 and a 200-day moving average of $169.47. The company has a quick ratio of 1.88, a current ratio of 2.54 and a debt-to-equity ratio of 0.48.

Quaker Chemical (NYSE:KWR) last issued its earnings results on Thursday, October 31st. The specialty chemicals company reported $1.89 EPS for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.19). The firm had revenue of $462.27 million during the quarter, compared to analyst estimates of $469.17 million. Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. The business’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.05 earnings per share. On average, equities analysts predict that Quaker Chemical Co. will post 7.78 EPS for the current year.

Quaker Chemical Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Friday, January 17th. Quaker Chemical’s dividend payout ratio (DPR) is 28.45%.

Wall Street Analyst Weigh In

Several analysts have issued reports on KWR shares. Deutsche Bank Aktiengesellschaft cut their price objective on Quaker Chemical from $190.00 to $182.00 and set a “buy” rating on the stock in a report on Monday, November 4th. Royal Bank of Canada lowered their price target on Quaker Chemical from $195.00 to $180.00 and set an “outperform” rating for the company in a research note on Monday, November 4th. StockNews.com cut Quaker Chemical from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Finally, Piper Sandler boosted their target price on Quaker Chemical from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, November 8th.

Institutional Trading of Quaker Chemical

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in shares of Quaker Chemical by 0.5% in the first quarter. Vanguard Group Inc. now owns 1,607,511 shares of the specialty chemicals company’s stock valued at $329,942,000 after buying an additional 8,484 shares in the last quarter. State Street Corp increased its position in Quaker Chemical by 3.8% in the third quarter. State Street Corp now owns 554,612 shares of the specialty chemicals company’s stock worth $93,447,000 after purchasing an additional 20,059 shares during the period. Royce & Associates LP increased its position in Quaker Chemical by 5.3% in the third quarter. Royce & Associates LP now owns 434,303 shares of the specialty chemicals company’s stock worth $73,176,000 after purchasing an additional 21,986 shares during the period. Copeland Capital Management LLC increased its position in Quaker Chemical by 0.7% in the third quarter. Copeland Capital Management LLC now owns 388,719 shares of the specialty chemicals company’s stock worth $65,495,000 after purchasing an additional 2,592 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Quaker Chemical by 14.8% in the second quarter. Dimensional Fund Advisors LP now owns 359,617 shares of the specialty chemicals company’s stock worth $61,027,000 after purchasing an additional 46,240 shares during the period. 77.46% of the stock is currently owned by institutional investors.

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.