Koppers Holdings Inc. $KOP Shares Acquired by Skylands Capital LLC

Skylands Capital LLC boosted its position in Koppers Holdings Inc. (NYSE:KOP) by 27.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,750 shares of the specialty chemicals company’s stock after buying an additional 17,370 shares during the quarter. Skylands Capital LLC owned 0.41% of Koppers worth $2,187,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Comerica Bank increased its position in shares of Koppers by 20.6% during the fourth quarter. Comerica Bank now owns 15,530 shares of the specialty chemicals company’s stock worth $421,000 after acquiring an additional 2,651 shares during the last quarter. Waterfront Wealth Inc. boosted its holdings in Koppers by 41.1% in the fourth quarter. Waterfront Wealth Inc. now owns 53,168 shares of the specialty chemicals company’s stock valued at $1,543,000 after purchasing an additional 15,481 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Koppers by 63.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,074 shares of the specialty chemicals company’s stock valued at $246,000 after purchasing an additional 3,507 shares in the last quarter. Daytona Street Capital LLC purchased a new stake in Koppers during the 4th quarter worth approximately $217,000. Finally, Allspring Global Investments Holdings LLC increased its holdings in Koppers by 9.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 12,280 shares of the specialty chemicals company’s stock worth $333,000 after purchasing an additional 1,076 shares during the last quarter. 92.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on KOP. Zacks Research upgraded Koppers from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Weiss Ratings raised shares of Koppers from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, January 29th. Wall Street Zen raised shares of Koppers from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Finally, Barrington Research restated an “outperform” rating and issued a $55.00 target price on shares of Koppers in a research note on Thursday, April 2nd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $52.50.

Koppers Stock Performance

KOP stock opened at $41.37 on Tuesday. The stock’s 50 day simple moving average is $37.25 and its 200 day simple moving average is $31.75. Koppers Holdings Inc. has a 12-month low of $24.24 and a 12-month high of $41.42. The firm has a market cap of $800.00 million, a P/E ratio of 14.93, a P/E/G ratio of 1.07 and a beta of 1.30. The company has a current ratio of 2.94, a quick ratio of 1.13 and a debt-to-equity ratio of 1.59.

Koppers (NYSE:KOP) last released its earnings results on Thursday, February 26th. The specialty chemicals company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.11. Koppers had a net margin of 2.98% and a return on equity of 15.47%. The firm had revenue of $432.70 million during the quarter, compared to analyst estimates of $445.00 million. During the same quarter in the previous year, the firm earned $0.77 earnings per share. The firm’s revenue for the quarter was down 9.3% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 4.200-5.000 EPS. As a group, equities research analysts predict that Koppers Holdings Inc. will post 4.2 EPS for the current year.

Koppers Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Friday, March 6th were issued a $0.09 dividend. This is a positive change from Koppers’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.36 annualized dividend and a dividend yield of 0.9%. Koppers’s dividend payout ratio (DPR) is 13.00%.

Insider Transactions at Koppers

In related news, CEO M Leroy Ball sold 2,489 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $37.91, for a total transaction of $94,357.99. Following the completion of the transaction, the chief executive officer directly owned 447,459 shares in the company, valued at $16,963,170.69. This represents a 0.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.28% of the stock is owned by corporate insiders.

About Koppers

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.