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 business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $45.84, for a total transaction of $137,520.00. Following the transaction, the chief executive officer owned 433,555 shares in the company, valued at approximately $19,874,161.20. This trade represents a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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 stock was sold at an average price of $43.90, for a total transaction of $149,786.80.

Koppers Stock Up 2.2%

NYSE:KOP traded up $0.99 on Thursday, hitting $45.89. The stock had a trading volume of 194,312 shares, compared to its average volume of 190,312. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.01 and a current ratio of 2.33. The stock has a market cap of $867.87 million, a P/E ratio of -9.72, a price-to-earnings-growth ratio of 11.14 and a beta of 1.25. Koppers Holdings Inc. has a 1 year low of $25.00 and a 1 year high of $53.00. The firm’s fifty day simple moving average is $47.20 and its two-hundred day simple moving average is $41.21.

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

Koppers Announces Dividend

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

Analyst Ratings Changes

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in KOP. BlackRock Inc. bought a new position in shares of Koppers during the 2nd quarter worth $136,837,000. Pzena Investment Management LLC raised its stake in Koppers by 0.4% in the 1st quarter. Pzena Investment Management LLC now owns 1,209,376 shares of the specialty chemicals company’s stock valued at $46,779,000 after acquiring an additional 5,124 shares during the period. Dimensional Fund Advisors LP raised its stake in Koppers by 1.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,191,358 shares of the specialty chemicals company’s stock valued at $46,082,000 after acquiring an additional 17,833 shares during the period. Simcoe Capital Management LLC purchased a new stake in Koppers during the fourth quarter valued at about $22,032,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Koppers by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 568,413 shares of the specialty chemicals company’s stock valued at $15,393,000 after purchasing an additional 22,114 shares during the last quarter. Hedge funds and other institutional investors own 92.75% of the company’s stock.

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.