BlackRock Updates Quaker Chemical Stake in SC 13G/A Filing
Ticker: KWR · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 81362
| Field | Detail |
|---|---|
| Company | Quaker Chemical CORP (KWR) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock just updated its Quaker Chemical holdings, signaling its current institutional view.**
AI Summary
BlackRock, Inc. filed an amended SC 13G/A on January 23, 2024, indicating its ownership of Quaker Chemical Corp. common stock as of December 31, 2023. This filing, Amendment No. 3, updates previous disclosures about BlackRock's stake in the company. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal its confidence (or lack thereof) in Quaker Chemical's future performance.
Why It Matters
This filing shows BlackRock's continued significant, though potentially adjusted, investment in Quaker Chemical, which can influence market perception and investor sentiment.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership and does not inherently present a high risk.
Analyst Insight
Investors should note BlackRock's continued presence as a significant shareholder in Quaker Chemical Corp. While this filing doesn't detail specific changes in share count, it confirms BlackRock's ongoing institutional interest as of December 31, 2023. Smart investors might look for the full details of BlackRock's updated ownership percentage within the complete filing to assess any material changes in their stake.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person and institutional investor
- QUAKER CHEMICAL CORP (company) — the issuer whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 23, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 3 (number) — the specific amendment number of the filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 3)'.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.' and in the 'FILED BY' section.
Which company's securities are being reported on?
The securities of QUAKER CHEMICAL CORP are being reported on, as indicated by 'Name of Issuer) QUAKER CHEMICAL CORP' and in the 'SUBJECT COMPANY' section.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified by 'Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Quaker Chemical Corp is 747316107, as listed under 'CUSIP No. 747316107'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding QUAKER CHEMICAL CORP (KWR).