M Leroy Ball Sells 4,000 Shares of Koppers (NYSE:KOP) Stock

Koppers Holdings Inc. (NYSE:KOP) CEO M Leroy Ball sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $45.96, for a total value of $183,840.00. Following the transaction, the chief executive officer directly owned 429,555 shares in the company, valued at $19,742,347.80. This trade represents a 0.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

M Leroy Ball also recently made the following trade(s):

• On Wednesday, August 19th, M Leroy Ball sold 3,000 shares of Koppers stock. The shares were sold at an average price of $45.84, for a total transaction of $137,520.00.
• On Thursday, June 18th, M Leroy Ball sold 3,412 shares of Koppers stock. The shares were sold at an average price of $43.90, for a total transaction of $149,786.80.

Koppers Stock Up 0.2%

Shares of NYSE KOP traded up $0.08 during trading on Tuesday, reaching $45.95. 177,118 shares of the stock were exchanged, compared to its average volume of 188,893. The business’s 50-day moving average price is $47.57 and its 200 day moving average price is $42.04. Koppers Holdings Inc. has a twelve month low of $25.00 and a twelve month high of $53.00. The company has a quick ratio of 1.01, a current ratio of 2.33 and a debt-to-equity ratio of 2.31. The company has a market capitalization of $869.01 million, a price-to-earnings ratio of -9.74, a price-to-earnings-growth ratio of 11.42 and a beta of 1.25.

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

Koppers Announces Dividend

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

Institutional Trading of Koppers

Several institutional investors have recently added to or reduced their stakes in the business. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Koppers in the 2nd quarter worth about $445,000. California State Teachers Retirement System raised its stake in Koppers by 4,694.1% during the second quarter. California State Teachers Retirement System now owns 896,878 shares of the specialty chemicals company’s stock worth $40,270,000 after acquiring an additional 878,170 shares during the period. Nykredit A S bought a new position in Koppers in the second quarter worth about $31,000. Hsbc Holdings PLC lifted its holdings in Koppers by 30.9% in the second quarter. Hsbc Holdings PLC now owns 11,095 shares of the specialty chemicals company’s stock worth $504,000 after acquiring an additional 2,618 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in Koppers in the second quarter valued at approximately $4,615,000. Institutional investors own 92.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wall Street Zen downgraded Koppers from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 15th. Weiss Ratings lowered shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Barrington Research reaffirmed an “outperform” rating and issued a $55.00 price target on shares of Koppers in a report on Monday, May 4th. Finally, Singular Research upgraded shares of Koppers to a “strong-buy” rating in a research note on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Koppers has an average rating of “Moderate Buy” and a consensus target price of $55.00.

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.