Stepan Company (NYSE:SCL) VP Frank Pacholec sold 1,500 shares of the stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $81.60, for a total value of $122,400.00. Following the sale, the vice president now owns 48,597 shares in the company, valued at $3,965,515.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Frank Pacholec also recently made the following trade(s):

  • On Monday, September 11th, Frank Pacholec sold 1,500 shares of Stepan stock. The stock was sold at an average price of $80.10, for a total value of $120,150.00.
  • On Wednesday, August 16th, Frank Pacholec sold 1,000 shares of Stepan stock. The stock was sold at an average price of $79.33, for a total value of $79,330.00.

Stepan Company (SCL) opened at 82.21 on Friday. Stepan Company has a 12 month low of $67.85 and a 12 month high of $92.97. The firm has a 50-day moving average price of $78.87 and a 200-day moving average price of $82.40. The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 21.40 and a beta of 1.26.

Stepan (NYSE:SCL) last announced its quarterly earnings results on Wednesday, July 26th. The basic materials company reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.34 by ($0.02). The company had revenue of $495.10 million for the quarter, compared to analyst estimates of $472.35 million. Stepan had a return on equity of 14.95% and a net margin of 4.85%. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter last year, the company posted $1.31 earnings per share. On average, equities analysts anticipate that Stepan Company will post $4.58 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were issued a dividend of $0.205 per share. The ex-dividend date was Tuesday, August 29th. This represents a $0.82 annualized dividend and a dividend yield of 1.00%. Stepan’s dividend payout ratio (DPR) is presently 21.52%.

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A number of equities research analysts recently commented on the company. BidaskClub upgraded Stepan from a “hold” rating to a “buy” rating in a research report on Saturday, June 10th. Zacks Investment Research lowered Stepan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Wellington Shields lowered Stepan from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. National Bank Financial decreased their price objective on Stepan from $40.00 to $27.00 and set a “sector perform” rating on the stock in a research report on Monday, June 26th. Finally, ValuEngine upgraded Stepan from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $48.40.

Large investors have recently made changes to their positions in the company. Advisor Group Inc. increased its holdings in shares of Stepan by 455.2% during the second quarter. Advisor Group Inc. now owns 1,177 shares of the basic materials company’s stock worth $102,000 after buying an additional 965 shares in the last quarter. Meadow Creek Investment Management LLC increased its holdings in shares of Stepan by 1.8% during the first quarter. Meadow Creek Investment Management LLC now owns 1,568 shares of the basic materials company’s stock worth $124,000 after buying an additional 28 shares in the last quarter. Acrospire Investment Management LLC increased its holdings in shares of Stepan by 224.9% during the second quarter. Acrospire Investment Management LLC now owns 1,589 shares of the basic materials company’s stock worth $138,000 after buying an additional 1,100 shares in the last quarter. Ameritas Investment Partners Inc. acquired a new position in shares of Stepan during the first quarter worth $134,000. Finally, Victory Capital Management Inc. increased its holdings in shares of Stepan by 28.8% during the first quarter. Victory Capital Management Inc. now owns 1,917 shares of the basic materials company’s stock worth $151,000 after buying an additional 429 shares in the last quarter. Institutional investors own 62.53% of the company’s stock.

About Stepan

Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a range of end products. The Company operates through three segments: Surfactants, Polymers and Specialty Products. The Company’s principal markets include manufacturers of cleaning and washing compounds (including detergents, shampoos, fabric softeners, toothpastes and household cleaners), paints, cosmetics, food, beverages, nutritional supplements, agricultural products and plastics.

Insider Buying and Selling by Quarter for Stepan (NYSE:SCL)

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