Koppers (NYSE:KOP) SVP Sells $58,271.40 in Stock

Koppers Holdings Inc. (NYSE:KOP) SVP Stephen Lucas sold 1,308 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $44.55, for a total value of $58,271.40. Following the sale, the senior vice president owned 34,345 shares of the company’s stock, valued at $1,530,069.75. This represents a 3.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Koppers Stock Up 1.5%

Shares of KOP opened at $46.92 on Friday. The business’s 50 day moving average is $46.95 and its 200 day moving average is $40.78. The company has a market capitalization of $887.18 million, a PE ratio of -9.94, a price-to-earnings-growth ratio of 11.56 and a beta of 1.25. Koppers Holdings Inc. has a 12-month low of $25.00 and a 12-month high of $53.00. The company has a current ratio of 2.33, a quick ratio of 1.01 and a debt-to-equity ratio of 2.31.

Koppers (NYSE:KOP) last posted its quarterly earnings results on Thursday, August 6th. The specialty chemicals company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.25. Koppers had a positive return on equity of 14.98% and a negative net margin of 4.59%.The company had revenue of $520.10 million for the quarter, compared to analysts’ expectations of $506.10 million. During the same period in the previous year, the firm earned $1.48 EPS. The firm’s revenue was up 3.0% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. Research analysts expect that Koppers Holdings Inc. will post 4.08 earnings per share for the current fiscal year.

Koppers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Friday, August 28th will be given a dividend of $0.09 per share. The ex-dividend date is Friday, August 28th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. Koppers’s dividend payout ratio is currently -7.63%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on KOP shares. Wall Street Zen cut shares of Koppers from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings downgraded shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a report on Tuesday. Barrington Research restated an “outperform” rating and set a $55.00 price objective on shares of Koppers in a research report on Monday, May 4th. Finally, Singular Research upgraded Koppers to a “strong-buy” rating in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $55.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of KOP. AQR Capital Management LLC raised its stake in Koppers by 3.2% during the first quarter. AQR Capital Management LLC now owns 71,897 shares of the specialty chemicals company’s stock valued at $2,013,000 after purchasing an additional 2,212 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Koppers by 3.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,602 shares of the specialty chemicals company’s stock worth $325,000 after buying an additional 361 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Koppers by 1.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 107,054 shares of the specialty chemicals company’s stock worth $2,998,000 after buying an additional 1,845 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Koppers by 3.0% in the 1st quarter. Empowered Funds LLC now owns 111,031 shares of the specialty chemicals company’s stock worth $3,109,000 after buying an additional 3,212 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Koppers by 374.3% in the 1st quarter. Jane Street Group LLC now owns 52,076 shares of the specialty chemicals company’s stock worth $1,458,000 after buying an additional 41,097 shares during the last quarter. 92.75% of the stock is owned by hedge funds and other institutional investors.

Koppers Company Profile

Koppers Company, Inc is a global specialty chemicals and materials manufacturer serving diverse industrial markets. The company operates through two primary segments: Carbon Materials & Chemicals, which produces a range of coal tar–based products, phenolic specialties and carbon compounds; and Railroad Products & Services, which offers wood treating and infrastructure services for rail and utility customers.

In its Carbon Materials & Chemicals segment, Koppers supplies coal tar pitch, refined creosote, coal tar‐based distillates and phenolic resins used in aluminum smelting, graphite electrode manufacture, carbon fiber production, and water treatment applications.