Marble Wealth LLC bought a new stake in shares of Koppers Holdings Inc. (NYSE:KOP – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 15,085 shares of the specialty chemicals company’s stock, valued at approximately $409,000. Marble Wealth LLC owned approximately 0.08% of Koppers as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also bought and sold shares of the business. Tower Research Capital LLC TRC raised its holdings in 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 acquiring an additional 1,391 shares during the period. Quantbot Technologies LP grew its position in shares of Koppers by 95.6% during 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 grew its position in shares of Koppers by 23.5% during the second quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company’s stock worth $104,000 after purchasing an additional 615 shares in the last quarter. Quadrant Capital Group LLC bought a new stake in Koppers during the 3rd quarter valued at approximately $160,000. Finally, State of Wyoming raised its stake in Koppers by 59.0% during the 2nd quarter. State of Wyoming now owns 6,090 shares of the specialty chemicals company’s stock valued at $196,000 after purchasing an additional 2,261 shares during the period. Hedge funds and other institutional investors own 92.75% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on KOP. Wall Street Zen upgraded Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Zacks Research raised shares of Koppers from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Weiss Ratings raised shares of Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Singular Research upgraded shares of Koppers to a “strong-buy” rating in a report on Friday, May 15th. Finally, Barrington Research reiterated an “outperform” rating and issued a $55.00 price target 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 given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Koppers presently has a consensus rating of “Moderate Buy” and an average price target of $52.50.
Insider Activity at Koppers
In related news, CEO M Leroy Ball sold 2,659 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $42.55, for a total value of $113,140.45. Following the completion of the transaction, the chief executive officer owned 444,096 shares of the company’s stock, valued at approximately $18,896,284.80. This trade represents a 0.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 7.28% of the company’s stock.
Koppers Stock Up 1.7%
NYSE KOP opened at $43.19 on Thursday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.11 and a current ratio of 2.71. The company has a market capitalization of $830.51 million, a P/E ratio of 11.37, a P/E/G ratio of 10.44 and a beta of 1.26. Koppers Holdings Inc. has a one year low of $25.00 and a one year high of $46.40. The stock has a 50 day moving average price of $39.63 and a 200-day moving average price of $34.12.
Koppers (NYSE:KOP – Get Free Report) last announced its quarterly earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share 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 analysts’ expectations of $390.10 million. During the same quarter in the previous year, the business posted $0.71 earnings per share. Koppers’s quarterly revenue 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, equities analysts predict that Koppers Holdings Inc. will post 4.07 EPS for the current fiscal year.
Koppers Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given 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 is Friday, May 29th. Koppers’s dividend payout ratio is currently 9.47%.
Koppers Profile
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.
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