Insider Selling: Koppers (NYSE:KOP) CEO Sells $113,140.45 in Stock

Koppers Holdings Inc. (NYSE:KOP) CEO M Leroy Ball sold 2,659 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $42.55, for a total value of $113,140.45. Following the transaction, the chief executive officer directly owned 444,096 shares of the company’s stock, valued at approximately $18,896,284.80. The trade was a 0.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Tuesday, March 17th, M Leroy Ball sold 2,489 shares of Koppers stock. The shares were sold at an average price of $37.91, for a total value of $94,357.99.

Koppers Stock Performance

Shares of NYSE KOP opened at $40.63 on Friday. The stock has a fifty day moving average price of $38.72 and a two-hundred day moving average price of $32.94. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.11 and a current ratio of 2.71. The firm has a market cap of $781.47 million, a P/E ratio of 10.69, a PEG ratio of 10.03 and a beta of 1.28. Koppers Holdings Inc. has a 1 year low of $25.00 and a 1 year high of $46.40.

Koppers (NYSE:KOP) last issued its quarterly earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.13. The firm had revenue of $455.30 million during the quarter, compared to analyst estimates of $390.10 million. Koppers had a return on equity of 14.53% and a net margin of 4.10%.The firm’s quarterly revenue was down .3% on a year-over-year basis. During the same period last year, the company posted $0.71 EPS. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Research analysts forecast that Koppers Holdings Inc. will post 4.06 EPS for the current fiscal year.

Koppers Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, May 29th. Koppers’s dividend payout ratio (DPR) is presently 9.47%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on KOP. Weiss Ratings raised Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Zacks Research raised Koppers from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Barrington Research reissued an “outperform” rating and set a $55.00 price objective on shares of Koppers in a research note on Monday, May 4th. Finally, Wall Street Zen raised Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $52.50.

Institutional Investors Weigh In On Koppers

Several large investors have recently modified their holdings of KOP. Simcoe Capital Management LLC bought a new stake in shares of Koppers during the 4th quarter worth $22,032,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Koppers during the 1st quarter worth $6,269,000. LSV Asset Management boosted its stake in shares of Koppers by 17.1% during the 3rd quarter. LSV Asset Management now owns 954,431 shares of the specialty chemicals company’s stock worth $26,724,000 after acquiring an additional 139,600 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Koppers during the 3rd quarter worth $3,635,000. Finally, Seizert Capital Partners LLC boosted its stake in shares of Koppers by 209.4% during the 4th quarter. Seizert Capital Partners LLC now owns 112,401 shares of the specialty chemicals company’s stock worth $3,044,000 after acquiring an additional 76,068 shares in the last quarter. 92.75% of the stock is owned by institutional investors.

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.