Koppers Holdings Inc. (NYSE:KOP – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the five research firms that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $52.50.
Several research analysts have recently commented on the company. Barrington Research reiterated an “outperform” rating and set a $55.00 price target on shares of Koppers in a report on Monday, May 4th. Singular Research upgraded Koppers to a “strong-buy” rating in a report on Friday, May 15th. Weiss Ratings upgraded Koppers from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen upgraded Koppers from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th.
Get Our Latest Stock Report on KOP
Koppers Stock Down 0.3%
Koppers (NYSE:KOP – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.44 by $0.13. Koppers had a return on equity of 14.53% and a net margin of 4.10%.The business had revenue of $455.30 million for the quarter, compared to analyst estimates of $390.10 million. During the same quarter in the previous year, the firm earned $0.71 EPS. The company’s quarterly revenue was down .3% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, equities analysts anticipate that Koppers will post 4.13 earnings per share for the current year.
Koppers Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, May 29th. Koppers’s payout ratio is 9.47%.
Insider Transactions at Koppers
In related news, CEO M Leroy Ball sold 2,659 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $42.55, for a total value of $113,140.45. Following the sale, the chief executive officer directly owned 444,096 shares in the company, valued at approximately $18,896,284.80. The trade was a 0.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 7.28% of the company’s stock.
Institutional Trading of Koppers
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd raised its holdings in Koppers by 1.1% in the 4th quarter. Dynamic Technology Lab Private Ltd now owns 29,423 shares of the specialty chemicals company’s stock valued at $797,000 after buying an additional 308 shares during the period. Engineers Gate Manager LP raised its holdings in Koppers by 0.7% in the 4th quarter. Engineers Gate Manager LP now owns 48,228 shares of the specialty chemicals company’s stock valued at $1,306,000 after buying an additional 332 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in 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 valued at $325,000 after buying an additional 361 shares during the period. First Trust Advisors LP raised its holdings in Koppers by 0.9% in the 4th quarter. First Trust Advisors LP now owns 62,361 shares of the specialty chemicals company’s stock valued at $1,689,000 after buying an additional 567 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in Koppers by 23.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company’s stock valued at $104,000 after buying an additional 615 shares during the period. 92.75% of the stock is currently 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.
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