Key Points
- CEO M. Leroy Ball sold 2,659 Koppers shares on May 13 at an average price of $42.55, worth about $113,140. After the sale, he still owned 444,096 shares valued at roughly $18.9 million.
- Koppers beat quarterly expectations, reporting EPS of $0.57 versus the $0.44 consensus and revenue of $455.3 million versus $390.1 million expected. The company also reiterated FY 2026 EPS guidance of $3.80 to $4.60.
- The company announced a quarterly dividend of $0.09 per share, payable June 15 to shareholders of record on May 29. That equals an annualized yield of about 0.8%.
Koppers Holdings Inc. (NYSE:KOP - Get Free Report) CEO M Leroy Ball sold 2,659 shares of Koppers stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $42.55, for a total transaction of $113,140.45. Following the transaction, the chief executive officer owned 444,096 shares of the company's stock, valued at approximately $18,896,284.80. The trade was a 0.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
M Leroy Ball also recently made the following trade(s):
- On Tuesday, March 17th, M Leroy Ball sold 2,489 shares of Koppers stock. The stock was sold at an average price of $37.91, for a total transaction of $94,357.99.
Koppers Stock Performance
Shares of KOP opened at $42.42 on Friday. The company has a current ratio of 2.71, a quick ratio of 1.11 and a debt-to-equity ratio of 1.67. The stock has a market cap of $815.81 million, a P/E ratio of 11.16, a PEG ratio of 10.52 and a beta of 1.28. The company has a 50-day moving average of $38.68 and a two-hundred day moving average of $32.88. Koppers Holdings Inc. has a 12-month low of $25.00 and a 12-month high of $46.40.
Koppers (NYSE:KOP - Get Free Report) last announced 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 company had revenue of $455.30 million during the quarter, compared to analysts' expectations of $390.10 million. Koppers had a net margin of 4.10% and a return on equity of 14.53%. The firm's quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.71 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, research analysts predict that Koppers Holdings Inc. will post 4.06 EPS for the current fiscal year.
Koppers Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given 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, May 29th. Koppers's payout ratio is currently 9.47%.
Wall Street Analyst Weigh In
KOP has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of Koppers from a "strong sell" rating to a "hold" rating in a report on Monday, February 9th. Barrington Research reiterated an "outperform" rating and set a $55.00 price objective on shares of Koppers in a research note on Monday, May 4th. Weiss Ratings raised shares of Koppers from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen raised shares of Koppers from a "hold" rating to a "buy" rating in a research report on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $52.50.
Get Our Latest Stock Report on KOP
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd lifted its position in shares of Koppers by 1.1% during the fourth 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 raised its holdings 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 acquiring an additional 332 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings 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 acquiring an additional 361 shares in the last quarter. Federated Hermes Inc. raised its holdings in Koppers by 0.6% in the third quarter. Federated Hermes Inc. now owns 65,695 shares of the specialty chemicals company's stock valued at $1,839,000 after acquiring an additional 408 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings in Koppers by 0.9% in the fourth quarter. First Trust Advisors LP now owns 62,361 shares of the specialty chemicals company's stock valued at $1,689,000 after acquiring an additional 567 shares in the last quarter. 92.75% of the stock is owned by institutional investors and hedge funds.
Koppers Company Profile
(
Get Free Report)
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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