Quaker Chemical Corp. (NYSE:KWR) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $98.54 and last traded at $98.47, with a volume of 10,399 shares. The stock had previously closed at $96.91.

Several equities research analysts have recently issued reports on KWR shares. Zacks Investment Research cut Quaker Chemical Corp. from a “buy” rating to a “hold” rating in a report on Thursday, July 7th. Seaport Global Securities cut Quaker Chemical Corp. from an “accumulate” rating to a “neutral” rating and set a $94.00 price objective on the stock. in a report on Monday, May 2nd. Finally, Jefferies Group restated a “hold” rating on shares of Quaker Chemical Corp. in a report on Sunday, July 17th.

The company has a market cap of $1.30 billion and a P/E ratio of 24.18. The company’s 50-day moving average is $92.33 and its 200-day moving average is $84.72.

Quaker Chemical Corp. (NYSE:KWR) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.02. The firm earned $186.91 million during the quarter, compared to analysts’ expectations of $187.77 million. During the same quarter in the previous year, the business earned $1.15 earnings per share. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, equities research analysts anticipate that Quaker Chemical Corp. will post $4.56 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of the stock. First Trust Advisors LP increased its stake in Quaker Chemical Corp. by 72.9% in the fourth quarter. First Trust Advisors LP now owns 13,002 shares of the company’s stock valued at $1,005,000 after buying an additional 5,482 shares in the last quarter. California State Teachers Retirement System increased its stake in Quaker Chemical Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 24,749 shares of the company’s stock valued at $1,912,000 after buying an additional 400 shares in the last quarter. Rhumbline Advisers increased its stake in Quaker Chemical Corp. by 4.5% in the fourth quarter. Rhumbline Advisers now owns 25,442 shares of the company’s stock valued at $1,966,000 after buying an additional 1,100 shares in the last quarter. Principal Financial Group Inc. increased its stake in Quaker Chemical Corp. by 3.9% in the fourth quarter. Principal Financial Group Inc. now owns 90,769 shares of the company’s stock valued at $7,013,000 after buying an additional 3,386 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in Quaker Chemical Corp. by 23.2% in the fourth quarter. Victory Capital Management Inc. now owns 308,599 shares of the company’s stock valued at $23,842,000 after buying an additional 58,200 shares in the last quarter.

Quaker Chemical Corporation is engaged in providing process fluids, chemical specialties and technical expertise to a range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans and others. The Company operates through four segments: North America, the Europe; Middle East and Africa (EMEA); Asia/Pacific, and South America.

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