Koppers Holdings Inc. (NYSE:KOP – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $36.97 and traded as high as $48.00. Koppers shares last traded at $46.7150, with a volume of 159,565 shares trading hands.
Analysts Set New Price Targets
Several research analysts recently commented on the company. Singular Research raised Koppers to a “strong-buy” rating in a research report on Friday, May 15th. Barrington Research reissued an “outperform” rating and issued a $55.00 price target on shares of Koppers in a report on Monday, May 4th. Wall Street Zen upgraded shares of Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Finally, Weiss Ratings upgraded shares of Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $52.50.
View Our Latest Stock Report on Koppers
Koppers Stock Up 2.2%
Koppers (NYSE:KOP – Get Free Report) last issued its earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.13. The business had revenue of $455.30 million during the quarter, compared to analysts’ expectations of $390.10 million. Koppers had a return on equity of 14.53% and a net margin of 4.10%.Koppers’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.71 EPS. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Equities analysts expect that Koppers Holdings Inc. will post 4.13 EPS for the current year.
Koppers Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.8%. The ex-dividend date was Friday, May 29th. Koppers’s dividend payout ratio is currently 9.47%.
Insider Transactions at Koppers
In other Koppers news, CEO M Leroy Ball sold 3,412 shares of Koppers stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $43.90, for a total transaction of $149,786.80. Following the completion of the transaction, the chief executive officer directly owned 436,243 shares of the company’s stock, valued at approximately $19,151,067.70. This trade represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 7.28% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Koppers
Large investors have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd increased its position in shares of Koppers by 1.1% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 29,423 shares of the specialty chemicals company’s stock worth $797,000 after purchasing an additional 308 shares in the last quarter. Engineers Gate Manager LP boosted its position in Koppers by 0.7% in the fourth quarter. Engineers Gate Manager LP now owns 48,228 shares of the specialty chemicals company’s stock valued at $1,306,000 after buying an additional 332 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Koppers by 3.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,602 shares of the specialty chemicals company’s stock valued at $325,000 after buying an additional 361 shares in the last quarter. First Trust Advisors LP grew its stake in Koppers by 0.9% during the fourth quarter. First Trust Advisors LP now owns 62,361 shares of the specialty chemicals company’s stock worth $1,689,000 after buying an additional 567 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in Koppers by 23.5% during the second quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company’s stock worth $104,000 after buying an additional 615 shares during the last quarter. Institutional investors own 92.75% of the company’s stock.
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.
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