Seaport Res Ptn Weighs in on Quaker Chemical Co.’s Q4 2024 Earnings (NYSE:KWR)

Quaker Chemical Co. (NYSE:KWR) – Research analysts at Seaport Res Ptn reduced their Q4 2024 EPS estimates for shares of Quaker Chemical in a research note issued to investors on Monday, May 6th. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will earn $2.23 per share for the quarter, down from their previous estimate of $2.28. The consensus estimate for Quaker Chemical’s current full-year earnings is $8.69 per share. Seaport Res Ptn also issued estimates for Quaker Chemical’s Q3 2025 earnings at $2.70 EPS and Q4 2025 earnings at $2.63 EPS.

Several other brokerages have also issued reports on KWR. StockNews.com upgraded Quaker Chemical from a “hold” rating to a “buy” rating in a report on Wednesday, April 3rd. Royal Bank of Canada upped their target price on Quaker Chemical from $200.00 to $223.00 and gave the stock an “outperform” rating in a research report on Monday, March 4th.

Quaker Chemical Price Performance

KWR stock opened at $190.16 on Thursday. Quaker Chemical has a 1 year low of $138.67 and a 1 year high of $221.94. The stock has a market capitalization of $3.42 billion, a PE ratio of 28.94, a price-to-earnings-growth ratio of 1.43 and a beta of 1.48. The company’s 50-day moving average is $196.08 and its 200-day moving average is $190.73. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 1.98.

Quaker Chemical (NYSE:KWR) last released its earnings results on Thursday, May 2nd. The specialty chemicals company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.97 by $0.12. Quaker Chemical had a net margin of 6.16% and a return on equity of 10.35%. The company had revenue of $469.76 million for the quarter, compared to the consensus estimate of $494.53 million. During the same quarter in the previous year, the company earned $1.89 EPS. Quaker Chemical’s quarterly revenue was down 6.1% compared to the same quarter last year.

Institutional Investors Weigh In On Quaker Chemical

Hedge funds have recently made changes to their positions in the business. Ameriprise Financial Inc. increased its holdings in Quaker Chemical by 507.0% during the third quarter. Ameriprise Financial Inc. now owns 294,516 shares of the specialty chemicals company’s stock worth $47,123,000 after buying an additional 245,993 shares during the last quarter. Norges Bank purchased a new stake in shares of Quaker Chemical during the 4th quarter worth approximately $29,226,000. Public Employees Retirement Association of Colorado raised its holdings in shares of Quaker Chemical by 2,196.8% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 123,222 shares of the specialty chemicals company’s stock worth $26,298,000 after purchasing an additional 117,857 shares during the period. JPMorgan Chase & Co. lifted its stake in Quaker Chemical by 13.3% in the third quarter. JPMorgan Chase & Co. now owns 681,245 shares of the specialty chemicals company’s stock valued at $108,999,000 after purchasing an additional 80,043 shares during the last quarter. Finally, GW&K Investment Management LLC increased its position in Quaker Chemical by 25.7% in the fourth quarter. GW&K Investment Management LLC now owns 328,739 shares of the specialty chemicals company’s stock worth $70,160,000 after buying an additional 67,195 shares during the last quarter. 77.46% of the stock is currently owned by institutional investors.

Quaker Chemical announced that its board has initiated a stock repurchase plan on Wednesday, February 28th that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the specialty chemicals company to buy up to 4.2% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Quaker Chemical Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 17th will be issued a dividend of $0.455 per share. This represents a $1.82 dividend on an annualized basis and a yield of 0.96%. Quaker Chemical’s dividend payout ratio is currently 27.70%.

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.