Brokerages Set Koppers Holdings Inc. (NYSE:KOP) Target Price at $52.50

Koppers Holdings Inc. (NYSE:KOP) has earned an average recommendation of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $52.50.

Several research firms have recently commented on KOP. Singular Research raised shares of Koppers to a “strong-buy” rating in a report on Friday, May 15th. Wall Street Zen raised Koppers from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. Weiss Ratings upgraded Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Finally, Barrington Research reissued an “outperform” rating and issued a $55.00 price target on shares of Koppers in a research note on Monday, May 4th.

Koppers Price Performance

Shares of KOP stock opened at $48.53 on Friday. The firm has a market cap of $933.31 million, a P/E ratio of 12.77, a P/E/G ratio of 11.56 and a beta of 1.25. Koppers has a 1-year low of $25.00 and a 1-year high of $49.00. The firm has a fifty day moving average of $43.28 and a two-hundred day moving average of $37.41. The company has a debt-to-equity ratio of 1.67, a current ratio of 2.71 and a quick ratio of 1.11.

Koppers (NYSE:KOP) last announced its quarterly earnings data on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.13. Koppers had a return on equity of 14.53% and a net margin of 4.10%.The firm had revenue of $455.30 million during the quarter, compared to analyst estimates of $390.10 million. During the same period in the previous year, the company earned $0.71 earnings per share. Koppers’s quarterly revenue was down .3% on a year-over-year basis. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, research analysts anticipate that Koppers will post 4.13 earnings per share for the current fiscal year.

Koppers Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.36 annualized dividend and a yield of 0.7%. Koppers’s dividend payout ratio (DPR) is currently 9.47%.

Insider Activity

In other news, CEO M Leroy Ball sold 3,412 shares of Koppers stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $43.90, for a total value of $149,786.80. Following the transaction, the chief executive officer owned 436,243 shares of the company’s stock, valued at $19,151,067.70. The trade was a 0.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 7.28% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Koppers

A number of hedge funds have recently modified their holdings of the stock. Intech Investment Management LLC grew its position in Koppers by 521.2% during the 4th quarter. Intech Investment Management LLC now owns 73,572 shares of the specialty chemicals company’s stock worth $1,992,000 after purchasing an additional 61,728 shares in the last quarter. Seizert Capital Partners LLC increased 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 worth $3,044,000 after purchasing an additional 76,068 shares during the last quarter. JB Capital Partners LP acquired a new position in Koppers in the fourth quarter worth approximately $1,896,000. Mangrove Partners IM LLC acquired a new position in shares of Koppers during the 4th quarter worth $616,000. Finally, Waterfront Wealth Inc. increased its position in Koppers by 41.1% during the fourth quarter. Waterfront Wealth Inc. now owns 53,168 shares of the specialty chemicals company’s stock worth $1,543,000 after buying an additional 15,481 shares during the last quarter. 92.75% of the stock is currently owned by institutional investors and hedge funds.

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.