Insider Selling: Koppers (NYSE:KOP) CEO Sells 3,000 Shares of 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 transaction of $137,520.00. Following the completion of the sale, the chief executive officer owned 433,555 shares of the company’s stock, valued at $19,874,161.20. The trade was a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 transaction of $149,786.80.

Koppers Stock Up 2.2%

Shares of NYSE KOP traded up $0.99 during trading on Thursday, hitting $45.89. 194,312 shares of the company traded hands, compared to its average volume of 190,312. The business’s fifty day moving average is $47.20 and its 200 day moving average is $41.21. Koppers Holdings Inc. has a fifty-two week low of $25.00 and a fifty-two week high of $53.00. The firm has a market capitalization of $867.87 million, a price-to-earnings ratio of -9.72, a P/E/G ratio of 11.14 and a beta of 1.25. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.01 and a current ratio of 2.33.

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

Koppers Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on KOP shares. Singular Research upgraded Koppers to a “strong-buy” rating in a report on Friday, May 15th. Barrington Research restated an “outperform” rating and set a $55.00 price target on shares of Koppers in a research note 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 note on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, one has given 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 stock has an average rating of “Moderate Buy” and a consensus target price of $55.00.

Institutional Trading of Koppers

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KOP. Intech Investment Management LLC boosted its position in shares of Koppers by 521.2% during the fourth quarter. Intech Investment Management LLC now owns 73,572 shares of the specialty chemicals company’s stock valued at $1,992,000 after buying an additional 61,728 shares during the last quarter. Seizert Capital Partners LLC raised its position in Koppers by 209.4% in the 4th quarter. Seizert Capital Partners LLC now owns 112,401 shares of the specialty chemicals company’s stock valued at $3,044,000 after buying an additional 76,068 shares during the last quarter. JB Capital Partners LP purchased a new stake in Koppers in the 4th quarter valued at $1,896,000. Mangrove Partners IM LLC bought a new position in Koppers during the 4th quarter valued at $616,000. Finally, Sei Investments Co. lifted its stake in Koppers by 87.5% during the 1st quarter. Sei Investments Co. now owns 69,979 shares of the specialty chemicals company’s stock valued at $2,707,000 after acquiring an additional 32,658 shares in the last quarter. 92.75% of the stock is owned by institutional investors.

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.