Koppers (NYSE:KOP) Insider Sells $4,000,800.00 in Stock

Koppers Holdings Inc. (NYSE:KOP) insider James Sullivan sold 80,000 shares of Koppers stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $50.01, for a total value of $4,000,800.00. Following the completion of the transaction, the insider owned 90,398 shares in the company, valued at approximately $4,520,803.98. This represents a 46.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Koppers Trading Up 1.6%

Shares of KOP stock opened at $46.08 on Friday. The stock has a market capitalization of $871.45 million, a PE ratio of -9.76, a P/E/G ratio of 11.12 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 business has a 50-day moving average of $46.83 and a 200 day moving average of $40.74. The company has a debt-to-equity ratio of 2.31, a current ratio of 2.33 and a quick ratio of 1.01.

Koppers (NYSE:KOP) last announced its quarterly earnings results on Thursday, August 6th. The specialty chemicals company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.25. The business had revenue of $520.10 million for 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%.The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.48 EPS. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. As a group, sell-side analysts anticipate that Koppers Holdings Inc. will post 4.08 earnings per share for the current year.

Koppers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Friday, August 28th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $0.36 annualized dividend and a yield of 0.8%. Koppers’s dividend payout ratio is presently -7.63%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KOP. Singular Research upgraded shares of Koppers to a “strong-buy” rating in a research report on Friday, May 15th. Weiss Ratings lowered shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a report on Tuesday. Wall Street Zen raised Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Finally, Barrington Research restated an “outperform” rating and set a $55.00 price target on shares of Koppers in a report on Monday, May 4th. One equities 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 issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $55.00.

Institutional Investors Weigh In On Koppers

Hedge funds and other institutional investors have recently bought and sold shares of the business. Assetmark Inc. bought a new position in shares of Koppers during the second quarter valued at approximately $30,000. Tower Research Capital LLC TRC grew its stake in shares of Koppers by 258.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company’s stock worth $62,000 after buying an additional 1,391 shares during the last quarter. Quantbot Technologies LP grew its stake in shares of Koppers by 95.6% in 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. BNP Paribas Financial Markets increased its position in Koppers by 23.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company’s stock valued at $104,000 after buying an additional 615 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in Koppers during the 4th quarter valued at approximately $114,000. 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.