Dimensional Fund Advisors LP raised its position in shares of Stepan (NYSE:SCL) by 0.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,056,767 shares of the basic materials company’s stock after buying an additional 7,503 shares during the quarter. Dimensional Fund Advisors LP owned about 4.67% of Stepan worth $87,902,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC raised its position in shares of Stepan by 309.0% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,127 shares of the basic materials company’s stock worth $177,000 after purchasing an additional 1,607 shares during the last quarter. CIBC Asset Management Inc purchased a new position in shares of Stepan in the 4th quarter worth about $209,000. Silvant Capital Management LLC purchased a new position in shares of Stepan in the 1st quarter worth about $237,000. Segall Bryant & Hamill LLC purchased a new position in shares of Stepan in the 4th quarter worth about $240,000. Finally, Landscape Capital Management L.L.C. purchased a new position in shares of Stepan in the 4th quarter worth about $282,000. 65.76% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently issued reports on SCL. Zacks Investment Research lowered Stepan from a “buy” rating to a “sell” rating in a research report on Wednesday, May 2nd. ValuEngine downgraded Stepan from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. Stepan currently has a consensus rating of “Hold” and a consensus target price of $34.25.

Stepan opened at $75.79 on Wednesday, according to MarketBeat. Stepan has a one year low of $68.09 and a one year high of $92.97. The stock has a market capitalization of $1.71 billion, a P/E ratio of 16.30 and a beta of 1.16. The company has a quick ratio of 1.98, a current ratio of 2.61 and a debt-to-equity ratio of 0.35.

Stepan (NYSE:SCL) last released its quarterly earnings data on Tuesday, April 24th. The basic materials company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.46 by ($0.09). Stepan had a return on equity of 14.73% and a net margin of 4.62%. The business had revenue of $499.34 million during the quarter, compared to the consensus estimate of $506.00 million. During the same quarter in the previous year, the business posted $1.36 earnings per share. Stepan’s quarterly revenue was up 6.6% compared to the same quarter last year. sell-side analysts expect that Stepan will post 4.89 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 15th. Investors of record on Thursday, May 31st will be issued a $0.225 dividend. The ex-dividend date of this dividend is Wednesday, May 30th. This represents a $0.90 annualized dividend and a yield of 1.19%. Stepan’s payout ratio is 19.35%.

Stepan Company Profile

Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. The company operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used as principal ingredients in consumer and industrial cleaning products, including detergents for washing clothes, dishes, carpets, and floors and walls, as well as shampoos and body washes; and other applications, such as fabric softeners, germicidal quaternary compounds, and lubricating ingredients.

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Institutional Ownership by Quarter for Stepan (NYSE:SCL)

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