M Leroy Ball Sells 3,412 Shares of Koppers (NYSE:KOP) Stock

Koppers Holdings Inc. (NYSE:KOP) CEO M Leroy Ball sold 3,412 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $43.90, for a total value of $149,786.80. Following the completion of the sale, the chief executive officer owned 436,243 shares of the company’s stock, valued at $19,151,067.70. The trade was a 0.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Wednesday, May 13th, M Leroy Ball sold 2,659 shares of Koppers stock. The stock was sold at an average price of $42.55, for a total value of $113,140.45.

Koppers Stock Up 2.0%

Shares of NYSE KOP opened at $43.74 on Thursday. The stock has a market capitalization of $841.08 million, a P/E ratio of 11.51, a PEG ratio of 10.38 and a beta of 1.26. Koppers Holdings Inc. has a one year low of $25.00 and a one year high of $46.40. The firm’s 50 day simple moving average is $41.24 and its two-hundred day simple moving average is $35.61. The company has a debt-to-equity ratio of 1.67, a current ratio of 2.71 and a quick ratio of 1.11.

Koppers (NYSE:KOP) last announced its quarterly earnings data on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.13. Koppers had a net margin of 4.10% and a return on equity of 14.53%. The firm had revenue of $455.30 million during the quarter, compared to analyst estimates of $390.10 million. During the same period in the previous year, the business posted $0.71 EPS. The business’s quarterly revenue was down .3% on a year-over-year basis. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, analysts expect that Koppers Holdings Inc. will post 4.13 EPS for the current fiscal year.

Koppers Announces Dividend

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

Institutional Investors Weigh In On Koppers

A number of large investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in shares of Koppers by 3.2% during the first 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. boosted its holdings in shares of Koppers by 3.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,602 shares of the specialty chemicals company’s stock worth $325,000 after purchasing an additional 361 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Koppers by 1.8% in the first quarter. Goldman Sachs Group Inc. now owns 107,054 shares of the specialty chemicals company’s stock worth $2,998,000 after purchasing an additional 1,845 shares during the last quarter. Empowered Funds LLC increased its holdings in Koppers by 3.0% during the 1st quarter. Empowered Funds LLC now owns 111,031 shares of the specialty chemicals company’s stock valued at $3,109,000 after purchasing an additional 3,212 shares during the period. Finally, Jane Street Group LLC increased its holdings in 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 purchasing an additional 41,097 shares during the period. Institutional investors own 92.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on KOP. Singular Research raised Koppers to a “strong-buy” rating in a research note on Friday, May 15th. Barrington Research reissued an “outperform” rating and issued a $55.00 target price on shares of Koppers in a research note on Monday, May 4th. Wall Street Zen upgraded Koppers from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. Finally, Weiss Ratings upgraded Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $52.50.

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.