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

Koppers Holdings Inc. (NYSE:KOP) has received an average recommendation of “Moderate Buy” from the five ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $52.50.

A number of analysts recently weighed in on KOP shares. 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. Wall Street Zen raised shares of Koppers from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. Finally, Barrington Research reiterated an “outperform” rating and set a $55.00 price objective on shares of Koppers in a research note on Monday, May 4th.

Insiders Place Their Bets

In other Koppers news, CEO M Leroy Ball sold 3,412 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $43.90, for a total transaction of $149,786.80. Following the completion of the sale, the chief executive officer owned 436,243 shares in the company, valued at $19,151,067.70. This represents a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 7.28% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. AQR Capital Management LLC raised its holdings in 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 acquiring an additional 2,212 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 worth $325,000 after acquiring an additional 361 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Koppers by 1.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 107,054 shares of the specialty chemicals company’s stock worth $2,998,000 after acquiring an additional 1,845 shares during the period. Empowered Funds LLC raised its holdings in shares of Koppers by 3.0% during the 1st quarter. Empowered Funds LLC now owns 111,031 shares of the specialty chemicals company’s stock worth $3,109,000 after acquiring an additional 3,212 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of Koppers by 374.3% during 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 acquiring an additional 41,097 shares during the last quarter. 92.75% of the stock is owned by institutional investors.

Koppers Trading Down 1.4%

Shares of NYSE KOP opened at $46.72 on Friday. Koppers has a twelve month low of $25.00 and a twelve month high of $48.63. The firm has a market cap of $898.33 million, a PE ratio of 12.29, a price-to-earnings-growth ratio of 11.47 and a beta of 1.25. The business has a fifty day simple moving average of $42.84 and a two-hundred day simple moving average of $36.97. 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 (NYSE:KOP) last posted its quarterly earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share (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 the consensus estimate of $390.10 million. Koppers had a return on equity of 14.53% and a net margin of 4.10%.The business’s revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.71 EPS. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Analysts expect that Koppers will post 4.13 earnings per share for the current fiscal year.

Koppers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors 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 dividend on an annualized basis and a yield of 0.8%. Koppers’s payout ratio is 9.47%.

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.