Koppers (NYSE:KOP) SVP Stephen Lucas Sells 1,308 Shares of Stock

Koppers Holdings Inc. (NYSE:KOP) SVP Stephen Lucas sold 1,308 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were 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 directly owned 34,345 shares of the company’s stock, valued at $1,530,069.75. The trade was a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Koppers Stock Performance

Shares of Koppers stock traded up $0.74 during trading on Thursday, reaching $46.08. The company’s stock had a trading volume of 259,127 shares, compared to its average volume of 190,634. The company has a 50-day moving average price of $46.75 and a two-hundred day moving average price of $40.62. The firm has a market cap of $871.45 million, a PE ratio of -9.76, a P/E/G ratio of 11.19 and a beta of 1.25. Koppers Holdings Inc. has a fifty-two week low of $25.00 and a fifty-two week high of $53.00. The company has a current ratio of 2.33, a quick ratio of 1.01 and a debt-to-equity ratio of 2.31.

Koppers (NYSE:KOP) last released its quarterly 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. The firm had revenue of $520.10 million during the quarter, compared to the consensus estimate of $506.10 million. Koppers had a negative net margin of 4.59% and a positive return on equity of 14.98%. Koppers’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.48 EPS. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. On average, analysts forecast that Koppers Holdings Inc. will post 4.11 EPS for the current year.

Koppers Announces Dividend

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

Wall Street Analyst Weigh In

KOP has been the topic of a number of research reports. Singular Research raised Koppers to a “strong-buy” rating in a report on Friday, May 15th. Weiss Ratings downgraded Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a research note on Tuesday. Barrington Research reaffirmed an “outperform” rating and set a $55.00 price objective on shares of Koppers in a research report on Monday, May 4th. Finally, Wall Street Zen upgraded Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $55.00.

Institutional Trading of Koppers

Several hedge funds and other institutional investors have recently made changes to their positions in KOP. AQR Capital Management LLC raised its holdings in Koppers by 3.2% during the first quarter. AQR Capital Management LLC now owns 71,897 shares of the specialty chemicals company’s stock worth $2,013,000 after purchasing an additional 2,212 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Koppers by 3.2% during the 1st 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. raised its stake in shares of Koppers by 1.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 107,054 shares of the specialty chemicals company’s stock worth $2,998,000 after buying an additional 1,845 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Koppers by 3.0% during the 1st quarter. Empowered Funds LLC now owns 111,031 shares of the specialty chemicals company’s stock worth $3,109,000 after buying an additional 3,212 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of Koppers by 374.3% in 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 buying an additional 41,097 shares during the period. Hedge funds and other institutional investors own 92.75% of the company’s stock.

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.