James Sullivan Sells 7,500 Shares of Koppers (NYSE:KOP) Stock

Koppers Holdings Inc. (NYSE:KOP) insider James Sullivan sold 7,500 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $50.00, for a total value of $375,000.00. Following the sale, the insider owned 82,898 shares in the company, valued at $4,144,900. The trade was a 8.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Koppers Stock Performance

Shares of NYSE KOP opened at $46.08 on Friday. The stock has a 50 day moving average price of $46.83 and a 200 day moving average price of $40.74. Koppers Holdings Inc. has a 52 week low of $25.00 and a 52 week high of $53.00. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.01 and a current ratio of 2.33. The stock has a market capitalization of $871.45 million, a PE ratio of -9.76, a price-to-earnings-growth ratio of 11.12 and a beta of 1.25.

Koppers (NYSE:KOP) last posted its quarterly earnings results on Thursday, August 6th. The specialty chemicals company reported $1.37 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $520.10 million for the quarter, compared to analyst estimates of $506.10 million. During the same quarter in the previous year, the firm earned $1.48 EPS. The business’s quarterly revenue was up 3.0% on a year-over-year basis. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. Analysts predict that Koppers Holdings Inc. will post 4.08 earnings per share for the current fiscal year.

Koppers Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have commented on KOP shares. Wall Street Zen upgraded shares of Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Singular Research raised shares of Koppers to a “strong-buy” rating in a report on Friday, May 15th. Weiss Ratings downgraded shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a research note on Tuesday. Finally, Barrington Research reiterated an “outperform” rating and issued a $55.00 target price on shares of Koppers in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Koppers presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.00.

Institutional Investors Weigh In On Koppers

Several hedge funds have recently added to or reduced their stakes in KOP. Dynamic Technology Lab Private Ltd raised its position in shares of Koppers by 1.1% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 29,423 shares of the specialty chemicals company’s stock valued at $797,000 after purchasing an additional 308 shares during the period. Engineers Gate Manager LP boosted its holdings in shares of Koppers by 0.7% during the 4th quarter. Engineers Gate Manager LP now owns 48,228 shares of the specialty chemicals company’s stock worth $1,306,000 after buying an additional 332 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake 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 last quarter. 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 acquiring 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 acquiring an additional 615 shares during the period. Institutional investors and hedge funds own 92.75% of the company’s stock.

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.