Quaker Houghton (NYSE:KWR) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Quaker Houghton (NYSE:KWRGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the four analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $159.25.

A number of research analysts have weighed in on KWR shares. Jefferies Financial Group raised shares of Quaker Houghton from a “hold” rating to a “buy” rating and set a $146.00 target price on the stock in a research note on Monday, June 9th. Piper Sandler cut their target price on Quaker Houghton from $170.00 to $140.00 and set a “neutral” rating for the company in a research note on Wednesday, April 2nd.

Read Our Latest Research Report on KWR

Hedge Funds Weigh In On Quaker Houghton

Several large investors have recently modified their holdings of KWR. TD Waterhouse Canada Inc. purchased a new position in Quaker Houghton during the fourth quarter worth about $26,000. First Horizon Advisors Inc. boosted its position in shares of Quaker Houghton by 400.0% during the 1st quarter. First Horizon Advisors Inc. now owns 230 shares of the specialty chemicals company’s stock worth $28,000 after purchasing an additional 184 shares during the period. GAMMA Investing LLC increased its holdings in Quaker Houghton by 390.5% in the 1st quarter. GAMMA Investing LLC now owns 363 shares of the specialty chemicals company’s stock valued at $45,000 after purchasing an additional 289 shares during the last quarter. Fifth Third Bancorp raised its position in Quaker Houghton by 119.7% in the first quarter. Fifth Third Bancorp now owns 391 shares of the specialty chemicals company’s stock valued at $48,000 after purchasing an additional 213 shares during the period. Finally, Covestor Ltd lifted its stake in Quaker Houghton by 24.8% during the fourth quarter. Covestor Ltd now owns 665 shares of the specialty chemicals company’s stock worth $94,000 after purchasing an additional 132 shares in the last quarter. Institutional investors and hedge funds own 77.46% of the company’s stock.

Quaker Houghton Stock Up 0.8%

NYSE KWR opened at $124.26 on Friday. The business has a fifty day moving average price of $110.26 and a 200 day moving average price of $123.28. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.79 and a current ratio of 2.45. The company has a market cap of $2.20 billion, a P/E ratio of 23.49, a P/E/G ratio of 1.22 and a beta of 1.37. Quaker Houghton has a one year low of $95.91 and a one year high of $193.74.

Quaker Houghton (NYSE:KWRGet Free Report) last issued its earnings results on Thursday, May 1st. The specialty chemicals company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.06. The business had revenue of $442.91 million during the quarter, compared to analysts’ expectations of $455.23 million. Quaker Houghton had a net margin of 5.20% and a return on equity of 8.86%. The company’s quarterly revenue was down 5.7% compared to the same quarter last year. During the same period in the prior year, the business earned $2.09 earnings per share. Research analysts anticipate that Quaker Houghton will post 7.75 EPS for the current fiscal year.

Quaker Houghton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 17th will be issued a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date is Thursday, July 17th. Quaker Houghton’s dividend payout ratio is presently 36.67%.

Quaker Houghton Company Profile

(Get Free Report

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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