Insider Selling: Koppers (NYSE:KOP) CEO Sells $149,786.80 in Stock

Koppers Holdings Inc. (NYSE:KOP) CEO M Leroy Ball sold 3,412 shares of the 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 sale, the chief executive officer directly owned 436,243 shares of the company’s stock, 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 filing with the SEC, 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 transaction of $113,140.45.

Koppers Stock Up 1.5%

Koppers stock opened at $44.55 on Friday. The company has a 50 day moving average of $41.36 and a 200-day moving average of $35.73. The company has a quick ratio of 1.11, a current ratio of 2.71 and a debt-to-equity ratio of 1.67. Koppers Holdings Inc. has a twelve month low of $25.00 and a twelve month high of $46.40. The stock has a market capitalization of $856.71 million, a PE ratio of 11.72, a price-to-earnings-growth ratio of 10.62 and a beta of 1.26.

Koppers (NYSE:KOP) last issued its quarterly earnings data on Friday, May 8th. The specialty chemicals company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.13. The business had revenue of $455.30 million for the quarter, compared to analyst estimates of $390.10 million. Koppers had a net margin of 4.10% and a return on equity of 14.53%. The firm’s quarterly revenue was down .3% on a year-over-year basis. During the same period last year, the business posted $0.71 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. On average, equities research analysts anticipate that Koppers Holdings Inc. will post 4.13 EPS for the current fiscal year.

Koppers Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KOP. Barrington Research reaffirmed an “outperform” rating and set a $55.00 price objective on shares of Koppers in a research report on Monday, May 4th. Wall Street Zen upgraded 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 report on Friday, May 15th. Finally, Weiss Ratings raised shares of Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Koppers has an average rating of “Moderate Buy” and a consensus target price of $52.50.

Hedge Funds Weigh In On Koppers

A number of large investors have recently modified their holdings of KOP. AQR Capital Management LLC increased its position in shares of Koppers by 3.2% in the first quarter. AQR Capital Management LLC now owns 71,897 shares of the specialty chemicals company’s stock valued at $2,013,000 after acquiring an additional 2,212 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Koppers by 3.2% during the first 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 last quarter. Goldman Sachs Group Inc. boosted its position in Koppers by 1.8% during the first 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 last quarter. Empowered Funds LLC grew its stake in Koppers by 3.0% in the first 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 in the last quarter. Finally, Jane Street Group LLC grew its stake in Koppers by 374.3% in the first 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 in the last quarter. 92.75% of the stock is currently owned by institutional investors and hedge funds.

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.