Mangrove Partners IM LLC Invests $616,000 in Koppers Holdings Inc. $KOP

Mangrove Partners IM LLC acquired a new position in shares of Koppers Holdings Inc. (NYSE:KOP) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 22,732 shares of the specialty chemicals company’s stock, valued at approximately $616,000.

Other large investors also recently modified their holdings of the company. Tower Research Capital LLC TRC boosted its stake in shares of Koppers by 258.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company’s stock worth $62,000 after buying an additional 1,391 shares during the last quarter. Quantbot Technologies LP boosted its stake in shares of Koppers by 95.6% during the 2nd quarter. Quantbot Technologies LP now owns 2,130 shares of the specialty chemicals company’s stock worth $68,000 after buying an additional 1,041 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Koppers by 23.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company’s stock worth $104,000 after buying an additional 615 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Koppers during the 4th quarter worth about $114,000. Finally, Quadrant Capital Group LLC acquired a new position in shares of Koppers during the 3rd quarter worth about $160,000. 92.75% of the stock is currently owned by institutional investors and hedge funds.

Koppers Stock Down 0.1%

Shares of KOP stock opened at $44.34 on Wednesday. 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 firm’s 50-day moving average is $40.44 and its 200-day moving average is $35.00. The stock has a market cap of $852.79 million, a price-to-earnings ratio of 11.67, a PEG ratio of 10.74 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.

Koppers (NYSE:KOP) last issued its earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.13. The company had revenue of $455.30 million for the quarter, compared to analysts’ expectations of $390.10 million. Koppers had a net margin of 4.10% and a return on equity of 14.53%. Koppers’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.71 EPS. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Sell-side analysts predict that Koppers Holdings Inc. will post 4.13 EPS for the current year.

Koppers Announces Dividend

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

Analyst Ratings Changes

KOP has been the subject of a number of recent research reports. Barrington Research restated an “outperform” rating and set a $55.00 price objective on shares of Koppers in a research note on Monday, May 4th. Wall Street Zen raised shares of Koppers from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. Weiss Ratings raised shares of Koppers from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Finally, Singular Research raised shares of Koppers to a “strong-buy” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Koppers has a consensus rating of “Moderate Buy” and a consensus price target of $52.50.

Insider Transactions at Koppers

In other Koppers news, CEO M Leroy Ball sold 2,659 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $42.55, for a total transaction of $113,140.45. Following the completion of the sale, the chief executive officer directly owned 444,096 shares in the company, valued at $18,896,284.80. This trade represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 7.28% of the stock is owned by company insiders.

Koppers Company 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.