Koppers Holdings Inc. (NYSE:KOP) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Koppers Holdings Inc. (NYSE:KOP) have received a consensus recommendation of “Moderate Buy” from the five ratings firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $52.50.

Several research firms have recently weighed in on KOP. Barrington Research reissued 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 Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Singular Research raised Koppers to a “strong-buy” rating in a research note on Friday, May 15th. Finally, Weiss Ratings raised Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th.

Koppers Stock Performance

KOP opened at $43.88 on Monday. The firm has a market cap of $843.81 million, a PE ratio of 11.55, a P/E/G ratio of 10.58 and a beta of 1.26. The company has a quick ratio of 1.11, a current ratio of 2.71 and a debt-to-equity ratio of 1.67. The business has a fifty day simple moving average of $40.88 and a 200-day simple moving average of $35.30. Koppers has a fifty-two week low of $25.00 and a fifty-two week high of $46.40.

Koppers (NYSE:KOP) last released its quarterly earnings data 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. The business had revenue of $455.30 million during the quarter, compared to analyst estimates of $390.10 million. Koppers had a return on equity of 14.53% and a net margin of 4.10%.The company’s revenue was down .3% compared to the same quarter last year. During the same period last year, the company posted $0.71 EPS. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, equities analysts predict that Koppers will post 4.13 EPS for the current fiscal year.

Koppers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a $0.09 dividend. 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 (DPR) is 9.47%.

Insider Activity at Koppers

In other news, CEO M Leroy Ball sold 2,659 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $42.55, for a total value of $113,140.45. Following the completion of the sale, the chief executive officer owned 444,096 shares of the company’s stock, 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 filing with the SEC, which is available at this link. 7.28% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Koppers

A number of large investors have recently made changes to their positions in KOP. AQR Capital Management LLC increased its holdings in shares of Koppers by 3.2% in the 1st quarter. AQR Capital Management LLC now owns 71,897 shares of the specialty chemicals company’s stock valued at $2,013,000 after purchasing an additional 2,212 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Koppers by 3.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,602 shares of the specialty chemicals company’s stock valued at $325,000 after purchasing an additional 361 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Koppers by 1.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 107,054 shares of the specialty chemicals company’s stock valued at $2,998,000 after purchasing an additional 1,845 shares during the period. Empowered Funds LLC increased its holdings in shares of Koppers by 3.0% in the 1st quarter. Empowered Funds LLC now owns 111,031 shares of the specialty chemicals company’s stock valued at $3,109,000 after purchasing an additional 3,212 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of Koppers by 374.3% in the 1st quarter. Jane Street Group LLC now owns 52,076 shares of the specialty chemicals company’s stock valued at $1,458,000 after purchasing an additional 41,097 shares during the period. Institutional investors and hedge funds 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.