M Leroy Ball Sells 3,000 Shares of Koppers (NYSE:KOP) Stock

Koppers Holdings Inc. (NYSE:KOP) CEO M Leroy Ball sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $45.84, for a total value of $137,520.00. Following the transaction, the chief executive officer owned 433,555 shares of the company’s stock, valued at approximately $19,874,161.20. This represents a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

M Leroy Ball also recently made the following trade(s):

• On Thursday, June 18th, M Leroy Ball sold 3,412 shares of Koppers stock. The shares were sold at an average price of $43.90, for a total value of $149,786.80.

Koppers Price Performance

KOP opened at $45.11 on Friday. The stock’s 50-day moving average price is $47.32 and its 200 day moving average price is $41.35. Koppers Holdings Inc. has a 12-month low of $25.00 and a 12-month high of $53.00. The company has a current ratio of 2.33, a quick ratio of 1.01 and a debt-to-equity ratio of 2.31. The firm has a market cap of $853.03 million, a price-to-earnings ratio of -9.56, a PEG ratio of 11.25 and a beta of 1.25.

Koppers (NYSE:KOP) last announced its earnings results on Thursday, August 6th. The specialty chemicals company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.25. The company had revenue of $520.10 million during the quarter, compared to analysts’ expectations of $506.10 million. Koppers had a positive return on equity of 14.98% and a negative net margin of 4.59%.Koppers’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the business posted $1.48 EPS. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. As a group, sell-side analysts expect that Koppers Holdings Inc. will post 4.08 earnings per share for the current year.

Koppers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Friday, August 28th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. Koppers’s dividend payout ratio (DPR) is presently -7.63%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on KOP shares. Singular Research raised shares of Koppers to a “strong-buy” rating in a research note on Friday, May 15th. Weiss Ratings cut shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Barrington Research restated an “outperform” rating and issued a $55.00 price target on shares of Koppers in a research note on Monday, May 4th. Finally, Wall Street Zen lowered Koppers from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $55.00.

Institutional Investors Weigh In On Koppers

Hedge funds and other institutional investors have recently modified their holdings of the company. Assetmark Inc. purchased a new stake in shares of Koppers during the 2nd quarter worth $30,000. Nykredit A S purchased a new position in Koppers in the second quarter valued at $31,000. Public Employees Retirement System of Ohio acquired a new stake in Koppers in the second quarter valued at $50,000. Tower Research Capital LLC TRC raised its stake in Koppers by 258.1% in 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 buying an additional 1,391 shares in the last quarter. Finally, Quantbot Technologies LP lifted its holdings in 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. 92.75% of the stock is currently owned by institutional investors and hedge funds.

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.