Insider Selling: Koppers (NYSE:KOP) CEO Sells $137,520.00 in Stock

Koppers Holdings Inc. (NYSE:KOP) CEO M Leroy Ball sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $45.84, for a total value of $137,520.00. Following the completion of the transaction, the chief executive officer directly owned 433,555 shares in the company, valued at approximately $19,874,161.20. The trade was a 0.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Thursday, June 18th, M Leroy Ball sold 3,412 shares of Koppers stock. The shares were sold at an average price of $43.90, for a total transaction of $149,786.80.

Koppers Stock Down 1.7%

Shares of Koppers stock opened at $45.11 on Friday. The company has a market cap of $853.03 million, a P/E ratio of -9.56, a PEG ratio of 11.08 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. The firm has a fifty day moving average of $47.32 and a two-hundred day moving average of $41.35. 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 (NYSE:KOP) last announced its quarterly earnings data on Thursday, August 6th. The specialty chemicals company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.25. Koppers had a negative net margin of 4.59% and a positive return on equity of 14.98%. The firm had revenue of $520.10 million during the quarter, compared to the consensus estimate of $506.10 million. During the same quarter last year, the firm earned $1.48 earnings per share. The firm’s revenue was up 3.0% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. On average, analysts forecast that Koppers Holdings Inc. will post 4.08 earnings per share for the current year.

Koppers Dividend Announcement

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

Analyst Upgrades and Downgrades

KOP has been the subject of a number of research reports. Weiss Ratings downgraded shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Wall Street Zen cut Koppers from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 15th. Singular Research raised Koppers to a “strong-buy” rating in a report on Friday, May 15th. Finally, Barrington Research restated an “outperform” rating and issued a $55.00 price target on shares of Koppers in a research report 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 assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Koppers currently has a consensus rating of “Moderate Buy” and a consensus target price of $55.00.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Intech Investment Management LLC lifted its stake in Koppers by 521.2% in the 4th quarter. Intech Investment Management LLC now owns 73,572 shares of the specialty chemicals company’s stock valued at $1,992,000 after buying an additional 61,728 shares in the last quarter. Seizert Capital Partners LLC increased its position in Koppers by 209.4% during the fourth quarter. Seizert Capital Partners LLC now owns 112,401 shares of the specialty chemicals company’s stock worth $3,044,000 after buying an additional 76,068 shares in the last quarter. JB Capital Partners LP acquired a new position in shares of Koppers in the fourth quarter worth $1,896,000. Mangrove Partners IM LLC acquired a new position in shares of Koppers in the fourth quarter worth $616,000. Finally, Sei Investments Co. lifted its position in shares of Koppers by 87.5% in the first quarter. Sei Investments Co. now owns 69,979 shares of the specialty chemicals company’s stock valued at $2,707,000 after acquiring an additional 32,658 shares in the last quarter. 92.75% of the stock is currently owned by institutional investors and hedge funds.

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.