Koppers (NYSE:KOP) SVP Stephen Lucas Sells 1,308 Shares of Stock

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

Koppers Price Performance

Shares of NYSE KOP opened at $46.08 on Friday. The stock has a market cap of $871.54 million, a price-to-earnings ratio of -9.76, a PEG ratio of 11.12 and a beta of 1.25. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.01 and a current ratio of 2.33. Koppers Holdings Inc. has a fifty-two week low of $25.00 and a fifty-two week high of $53.00. The firm’s 50-day simple moving average is $46.83 and its 200 day simple moving average is $40.74.

Koppers (NYSE:KOP) last issued its quarterly earnings data 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. The firm had revenue of $520.10 million during the quarter, compared to analyst estimates of $506.10 million. Koppers had a positive return on equity of 14.98% and a negative net margin of 4.59%.The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.48 EPS. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. As a group, research analysts anticipate that Koppers Holdings Inc. will post 4.08 earnings per share for the current fiscal year.

Koppers Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on KOP. Wall Street Zen raised Koppers from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. Singular Research raised Koppers to a “strong-buy” rating in a research report on Friday, May 15th. Weiss Ratings downgraded shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a report on Tuesday. Finally, Barrington Research restated an “outperform” rating and set a $55.00 price objective on shares of Koppers in a report on Monday, May 4th. One equities 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 company’s stock. According to MarketBeat, Koppers has a consensus rating of “Moderate Buy” and an average target price of $55.00.

Institutional Trading of Koppers

A number of large investors have recently bought and sold shares of KOP. Dynamic Technology Lab Private Ltd raised its stake 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 buying an additional 308 shares during the period. Engineers Gate Manager LP increased 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 worth $1,306,000 after acquiring an additional 332 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased 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 worth $325,000 after acquiring an additional 361 shares during the last quarter. First Trust Advisors LP raised its stake 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 stake 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. 92.75% of the stock is owned by hedge funds and other institutional investors.

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.