Koppers Holdings Inc. $KOP Stock Holdings Lessened by Pzena Investment Management LLC

Pzena Investment Management LLC lowered its stake in shares of Koppers Holdings Inc. (NYSE:KOP) by 12.7% during the third quarter, HoldingsChannel reports. The firm owned 926,505 shares of the specialty chemicals company’s stock after selling 134,780 shares during the quarter. Pzena Investment Management LLC’s holdings in Koppers were worth $42,239,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in Koppers during the second quarter worth $136,837,000. Bank of New York Mellon Corp acquired a new stake in Koppers in the second quarter valued at $9,993,000. Arrowstreet Capital Limited Partnership acquired a new stake in Koppers in the first quarter valued at $6,269,000. Bank of America Corp DE acquired a new stake in Koppers in the second quarter valued at $5,294,000. Finally, Empowered Funds LLC bought a new position in shares of Koppers in the 2nd quarter valued at about $4,615,000. Institutional investors and hedge funds own 92.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on KOP. Weiss Ratings lowered shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Wall Street Zen cut shares of Koppers from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 15th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.00.

Insider Activity at Koppers

In other news, insider James Sullivan sold 80,000 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $50.01, for a total transaction of $4,000,800.00. Following the transaction, the insider owned 90,398 shares in the company, valued at approximately $4,520,803.98. This trade represents a 46.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Bradley Pearce sold 2,000 shares of Koppers stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $51.01, for a total value of $102,020.00. Following the sale, the chief accounting officer directly owned 41,037 shares of the company’s stock, valued at approximately $2,093,297.37. The trade was a 4.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 97,808 shares of company stock worth $4,857,451 in the last quarter. Corporate insiders own 7.28% of the company’s stock.

Koppers Stock Performance

KOP opened at $42.85 on Thursday. The company has a quick ratio of 1.01, a current ratio of 2.33 and a debt-to-equity ratio of 2.31. Koppers Holdings Inc. has a 12-month low of $25.00 and a 12-month high of $53.00. The business has a 50 day moving average of $44.59 and a 200-day moving average of $41.62. The stock has a market cap of $810.30 million, a price-to-earnings ratio of -9.08 and a beta of 1.23.

Koppers (NYSE:KOP) last posted its quarterly earnings results on Thursday, August 6th. The specialty chemicals company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $520.10 million for the quarter, compared to analysts’ expectations of $506.10 million. During the same quarter in the prior year, the business earned $1.48 EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. On average, equities research analysts expect that Koppers Holdings Inc. will post 4.07 earnings per share for the current year.

Koppers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Friday, November 27th will be paid a $0.09 dividend. The ex-dividend date is Friday, November 27th. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. Koppers’s dividend payout ratio is -7.63%.

Koppers News Summary

Here are the key news stories impacting Koppers this week:

• Positive Sentiment: Koppers declared a quarterly dividend of $0.09 per share, payable December 14 to shareholders of record November 27. The payout offers shareholders a cash return. Dividend announcement
• Positive Sentiment: Sidoti raised estimates for several quarters, including Q3 2026 EPS to $1.31 from $1.07 and Q2 2027 EPS to $1.50 from $1.26, signaling improved expectations for those periods. Koppers analyst estimates
• Negative Sentiment: However, Sidoti lowered estimates for multiple other quarters, including Q4 2026 EPS to $0.89 from $1.17 and Q4 2027 to $1.07 from $1.35. It also reduced its full-year EPS forecasts for 2026, 2027 and 2028, a more cautious signal for the broader earnings outlook. Koppers analyst estimates

Koppers Profile

Koppers Holdings Inc (NYSE:KOP) is a global provider of treated wood products, carbon compounds and performance chemicals. The company serves infrastructure, industrial and utility markets with products designed to preserve, protect and extend the service life of wood and other materials.

Koppers operates through two primary business areas: Railroad and Utility Products and Services, and Performance Chemicals. Its offerings include treated railroad crossties, utility poles, pilings and other wood products, as well as wood preservatives and related treatment services.