Koppers (NYSE:KOP) CEO Sells 3,412 Shares

Koppers Holdings Inc. (NYSE:KOP) CEO M Leroy Ball sold 3,412 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $43.90, for a total value of $149,786.80. Following the transaction, the chief executive officer owned 436,243 shares in the company, valued at approximately $19,151,067.70. The trade was a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

M Leroy Ball also recently made the following trade(s):

• On Wednesday, May 13th, M Leroy Ball sold 2,659 shares of Koppers stock. The shares were sold at an average price of $42.55, for a total value of $113,140.45.

Koppers Trading Down 3.4%

Shares of NYSE:KOP traded down $1.51 during trading on Tuesday, reaching $42.91. 136,011 shares of the company traded hands, compared to its average volume of 192,842. The firm has a market capitalization of $825.25 million, a price-to-earnings ratio of 11.29, a P/E/G ratio of 10.58 and a beta of 1.26. Koppers Holdings Inc. has a 52-week low of $25.00 and a 52-week high of $46.40. The company has a current ratio of 2.71, a quick ratio of 1.11 and a debt-to-equity ratio of 1.67. The business’s fifty day moving average is $41.02 and its 200-day moving average is $35.40.

Koppers (NYSE:KOP) last issued its 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 net margin of 4.10% and a return on equity of 14.53%. The company had revenue of $455.30 million for the quarter, compared to the consensus estimate of $390.10 million. During the same period in the previous year, the firm earned $0.71 earnings per share. The firm’s revenue for the quarter was down .3% on a year-over-year basis. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, analysts forecast that Koppers Holdings Inc. will post 4.13 EPS for the current year.

Koppers Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, May 29th. Koppers’s dividend payout ratio is 9.47%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Singular Research upgraded Koppers to a “strong-buy” rating in a report on Friday, May 15th. Wall Street Zen upgraded Koppers from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. Weiss Ratings upgraded Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Finally, Barrington Research reissued an “outperform” rating and set a $55.00 target price on shares of Koppers in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Koppers currently has an average rating of “Moderate Buy” and a consensus target price of $52.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in KOP. Tower Research Capital LLC TRC boosted its position in shares of Koppers by 258.1% during the second quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company’s stock valued at $62,000 after purchasing an additional 1,391 shares in the last quarter. Quantbot Technologies LP raised its holdings in Koppers by 95.6% in the second quarter. Quantbot Technologies LP now owns 2,130 shares of the specialty chemicals company’s stock worth $68,000 after purchasing an additional 1,041 shares in the last quarter. BNP Paribas Financial Markets lifted its position in Koppers by 23.5% during the second 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. Kestra Advisory Services LLC purchased a new position in Koppers during the fourth quarter valued at $114,000. Finally, Quadrant Capital Group LLC bought a new stake in shares of Koppers during the 3rd quarter valued at $160,000. Hedge funds and other institutional investors own 92.75% of the company’s stock.

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.