Key Points
- Koppers CEO M. Leroy Ball sold 3,412 shares on June 18 at an average price of $43.90, totaling about $149,787. After the sale, he still owned 436,243 shares valued at roughly $19.15 million.
- This was not his only recent sale; Ball also sold 2,659 shares on May 13 at an average price of $42.55, indicating a pattern of insider selling.
- Koppers recently beat earnings expectations, reporting $0.57 EPS versus $0.44 expected and revenue of $455.3 million, while analysts currently view the stock as a Moderate Buy with an average price target of $52.50.
Koppers Holdings Inc. (NYSE:KOP - Get Free Report) CEO M Leroy Ball sold 3,412 shares of the business's stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $43.90, for a total transaction of $149,786.80. Following the completion of the sale, the chief executive officer owned 436,243 shares of the company's stock, valued at approximately $19,151,067.70. The trade was a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
M Leroy Ball also recently made the following trade(s):
- On Wednesday, May 13th, M Leroy Ball sold 2,659 shares of Koppers stock. The stock was sold at an average price of $42.55, for a total transaction of $113,140.45.
Koppers Stock Performance
NYSE:KOP opened at $42.91 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 2.71 and a debt-to-equity ratio of 1.67. The company has a market cap of $825.16 million, a P/E ratio of 11.29, a P/E/G ratio of 10.75 and a beta of 1.26. Koppers Holdings Inc. has a fifty-two week low of $25.00 and a fifty-two week high of $46.40. The firm's 50 day moving average is $41.13 and its two-hundred day moving average is $35.50.
Koppers (NYSE:KOP - Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business's quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.71 EPS. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Analysts expect that Koppers Holdings Inc. will post 4.13 EPS for the current year.
Koppers Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, May 29th. Koppers's payout ratio is 9.47%.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Seizert Capital Partners LLC raised its stake in shares of Koppers by 209.4% during the fourth quarter. Seizert Capital Partners LLC now owns 112,401 shares of the specialty chemicals company's stock valued at $3,044,000 after purchasing an additional 76,068 shares during the period. Intech Investment Management LLC boosted its stake in shares of Koppers by 521.2% in the fourth quarter. Intech Investment Management LLC now owns 73,572 shares of the specialty chemicals company's stock valued at $1,992,000 after purchasing an additional 61,728 shares during the period. JB Capital Partners LP acquired a new stake in Koppers during the 4th quarter valued at $1,896,000. Villanova Investment Management Co LLC grew its holdings in Koppers by 47.7% during the 3rd quarter. Villanova Investment Management Co LLC now owns 71,665 shares of the specialty chemicals company's stock valued at $2,007,000 after purchasing an additional 23,131 shares in the last quarter. Finally, Mangrove Partners IM LLC purchased a new stake in Koppers during the 4th quarter worth $616,000. 92.75% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research firms have recently commented on KOP. Wall Street Zen upgraded Koppers from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 16th. Singular Research raised shares of Koppers to a "strong-buy" rating in a research report on Friday, May 15th. Barrington Research restated an "outperform" rating and issued a $55.00 price target on shares of Koppers in a report on Monday, May 4th. Finally, Weiss Ratings raised shares of Koppers from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $52.50.
Get Our Latest Stock Analysis on Koppers
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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