Koppers Holdings Inc. $KOP Stake Lifted by Denali Advisors LLC

Denali Advisors LLC increased its position in shares of Koppers Holdings Inc. (NYSE:KOP) by 74.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,092 shares of the specialty chemicals company’s stock after purchasing an additional 41,127 shares during the period. Denali Advisors LLC owned 0.51% of Koppers worth $4,315,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in KOP. Intech Investment Management LLC increased its position in shares of Koppers by 521.2% during the 4th quarter. Intech Investment Management LLC now owns 73,572 shares of the specialty chemicals company’s stock valued at $1,992,000 after purchasing an additional 61,728 shares during the period. Seizert Capital Partners LLC lifted its holdings in shares of Koppers by 209.4% in the fourth 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 period. JB Capital Partners LP bought a new position in Koppers during the fourth quarter valued at about $1,896,000. Mangrove Partners IM LLC bought a new position in Koppers during the fourth quarter valued at about $616,000. Finally, Sei Investments Co. grew its holdings in Koppers by 87.5% during the first quarter. Sei Investments Co. now owns 69,979 shares of the specialty chemicals company’s stock worth $2,707,000 after acquiring an additional 32,658 shares during the period. 92.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Insider Activity

In other news, SVP Stephen G. Lucas sold 1,308 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $44.55, for a total value of $58,271.40. Following the completion of the sale, the senior vice president owned 34,345 shares in the company, valued at $1,530,069.75. This represents a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Bradley A. Pearce sold 2,000 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of $51.01, for a total value of $102,020.00. Following the completion of the sale, the chief accounting officer owned 41,037 shares of the company’s stock, valued at $2,093,297.37. The trade was a 4.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 94,220 shares of company stock worth $4,685,878. Company insiders own 7.28% of the company’s stock.

Koppers Trading Down 1.1%

Shares of KOP opened at $44.93 on Thursday. The business’s 50-day moving average price is $47.20 and its 200 day moving average price is $41.21. The company has a current ratio of 2.33, a quick ratio of 1.01 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $849.63 million, a P/E ratio of -9.52, a P/E/G 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.

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

Koppers Announces Dividend

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

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.