Koppers Holdings Inc. $KOP Stock Sold by Pzena Investment Management LLC

Pzena Investment Management LLC reduced its holdings in Koppers Holdings Inc. (NYSE:KOP) by 12.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 926,505 shares of the specialty chemicals company’s stock after selling 134,780 shares during the quarter. Pzena Investment Management LLC owned 4.90% of Koppers worth $42,239,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Koppers during the 2nd quarter valued at about $136,837,000. Dimensional Fund Advisors LP increased its stake in Koppers by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,191,358 shares of the specialty chemicals company’s stock worth $46,082,000 after purchasing an additional 17,833 shares in the last quarter. State Street Corp increased its stake in Koppers by 7.0% during the 2nd quarter. State Street Corp now owns 804,553 shares of the specialty chemicals company’s stock worth $36,124,000 after purchasing an additional 52,289 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in Koppers during the 2nd quarter worth approximately $9,993,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Koppers during the 1st quarter worth approximately $6,269,000. 92.75% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Koppers

In other Koppers news, SVP Stephen G. Lucas sold 1,308 shares of Koppers stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $44.55, for a total value of $58,271.40. Following the sale, the senior vice president directly owned 34,345 shares in the company, valued at approximately $1,530,069.75. The trade was a 3.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider James A. Sullivan sold 80,000 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $50.01, for a total transaction of $4,000,800.00. Following the transaction, the insider owned 90,398 shares of the company’s stock, valued at approximately $4,520,803.98. This represents a 46.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 97,808 shares of company stock worth $4,857,451. Company insiders own 7.28% of the company’s stock.

Analyst Ratings Changes

KOP has been the topic of a number of research reports. Weiss Ratings lowered shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Wall Street Zen lowered shares of Koppers from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $55.00.

Koppers Stock Up 2.5%

Shares of Koppers stock opened at $42.85 on Thursday. The firm has a market cap of $810.30 million, a PE ratio of -9.08 and a beta of 1.23. The business’s 50 day simple moving average is $44.59 and its 200 day simple moving average is $41.62. 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 52-week low of $25.00 and a 52-week high of $53.00.

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, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $506.10 million. During the same quarter in the prior year, the firm posted $1.48 EPS. The business’s revenue was up 3.0% on a year-over-year basis. On average, analysts predict that Koppers Holdings Inc. will post 4.07 earnings per share for the current fiscal year.

Koppers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Friday, November 27th will be issued a dividend of $0.09 per share. The ex-dividend date is Friday, November 27th. This represents a $0.36 annualized dividend and a yield of 0.8%. Koppers’s dividend payout ratio is presently -7.63%.

More Koppers News

Here are the key news stories impacting Koppers this week:

• Positive Sentiment: Koppers declared a quarterly dividend of $0.09 per share, payable December 14 to shareholders of record November 27. The payout offers shareholders a cash return. Dividend announcement
• Positive Sentiment: Sidoti raised estimates for several quarters, including Q3 2026 EPS to $1.31 from $1.07 and Q2 2027 EPS to $1.50 from $1.26, signaling improved expectations for those periods. Koppers analyst estimates
• Negative Sentiment: However, Sidoti lowered estimates for multiple other quarters, including Q4 2026 EPS to $0.89 from $1.17 and Q4 2027 to $1.07 from $1.35. It also reduced its full-year EPS forecasts for 2026, 2027 and 2028, a more cautious signal for the broader earnings outlook. Koppers analyst estimates

Koppers Profile

Koppers Holdings Inc (NYSE:KOP) is a global provider of treated wood products, carbon compounds and performance chemicals. The company serves infrastructure, industrial and utility markets with products designed to preserve, protect and extend the service life of wood and other materials.

Koppers operates through two primary business areas: Railroad and Utility Products and Services, and Performance Chemicals. Its offerings include treated railroad crossties, utility poles, pilings and other wood products, as well as wood preservatives and related treatment services.