Koppers (NYSE:KOP) CAO Sells $102,020.00 in Stock

Koppers Holdings Inc. (NYSE:KOP) CAO Bradley Pearce sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $51.01, for a total value of $102,020.00. Following the completion of the transaction, the chief accounting officer directly owned 41,037 shares of the company’s stock, valued at $2,093,297.37. The trade was a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Koppers Stock Up 1.6%

KOP opened at $46.08 on Friday. The business’s fifty day moving average is $46.83 and its two-hundred day moving average is $40.74. 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 company has a market cap of $871.45 million, a price-to-earnings ratio of -9.76, a PEG ratio of 11.12 and a beta of 1.25. Koppers Holdings Inc. has a one year low of $25.00 and a one year high of $53.00.

Koppers (NYSE:KOP) last announced its quarterly earnings results on Thursday, August 6th. The specialty chemicals company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.25. The business had revenue of $520.10 million during the quarter, compared to analysts’ expectations of $506.10 million. Koppers had a positive return on equity of 14.98% and a negative net margin of 4.59%.The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the business posted $1.48 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. Analysts anticipate that Koppers Holdings Inc. will post 4.08 EPS for the current fiscal year.

Koppers Announces Dividend

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

Analysts Set New Price Targets

Several brokerages have issued reports on KOP. Singular Research raised shares of Koppers to a “strong-buy” rating in a report on Friday, May 15th. Wall Street Zen raised shares of Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Weiss Ratings lowered 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 set a $55.00 target price on shares of Koppers in a report on Monday, May 4th. One investment 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 issued a Sell rating to the company. According to MarketBeat.com, Koppers presently has a consensus rating of “Moderate Buy” and an average target price of $55.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd boosted its stake in shares of Koppers by 1.1% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 29,423 shares of the specialty chemicals company’s stock worth $797,000 after purchasing an additional 308 shares during the last quarter. Engineers Gate Manager LP lifted its stake in shares of Koppers by 0.7% during the fourth 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. boosted its position in Koppers by 3.2% during the first 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 boosted its position in Koppers by 0.9% during the fourth quarter. First Trust Advisors LP now owns 62,361 shares of the specialty chemicals company’s stock worth $1,689,000 after acquiring an additional 567 shares during the last quarter. Finally, BNP Paribas Financial Markets grew 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 worth $104,000 after acquiring an additional 615 shares during the period. 92.75% of the stock is currently 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.