Key Points
- Insider James Sullivan sold 80,000 Koppers shares for approximately $4.0 million at an average price of $50.01, reducing his direct ownership by nearly 47% to 90,398 shares.
- Koppers reported stronger-than-expected quarterly results, with EPS of $1.37 versus the $1.12 consensus and revenue of $520.1 million versus $506.1 million expected. The company issued fiscal 2026 EPS guidance of $3.80–$4.20.
- The stock was trading down 8.8%, while sentiment was mixed: Koppers declared a quarterly dividend of $0.09 per share, but analysts lowered some future earnings estimates; the consensus rating remains “Moderate Buy” with a $55 price target.
Koppers Holdings Inc. (NYSE:KOP - Get Free Report) CAO Bradley Pearce sold 2,000 shares of Koppers stock in a transaction on Monday, August 10th. The shares were sold at an average price of $51.01, for a total transaction of $102,020.00. Following the transaction, the chief accounting officer owned 41,037 shares in the company, valued at approximately $2,093,297.37. This trade represents a 4.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Koppers Trading Down 8.8%
Shares of Koppers stock opened at $46.07 on Wednesday. The company has a fifty day moving average of $46.71 and a 200 day moving average of $40.51. 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 market capitalization of $871.24 million, a P/E ratio of -9.76, a P/E/G ratio of 12.30 and a beta of 1.25. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.01 and a current ratio of 2.33.
Koppers (NYSE:KOP - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The specialty chemicals company reported $1.37 earnings per share for the quarter, topping 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 firm had revenue of $520.10 million during the quarter, compared to analyst estimates of $506.10 million. During the same quarter in the prior year, the company posted $1.48 earnings per share. The business's quarterly revenue was up 3.0% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. On average, sell-side analysts anticipate that Koppers Holdings Inc. will post 4.11 earnings per share for the current fiscal year.
Koppers Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Friday, August 28th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, August 28th. Koppers's dividend payout ratio is presently -7.63%.
Institutional Trading of Koppers
A number of large investors have recently made changes to their positions in KOP. JB Capital Partners LP purchased a new stake in shares of Koppers during the 2nd quarter valued at about $3,506,735,000. Denali Advisors LLC purchased a new position in Koppers in the second quarter worth about $4,315,000. Pzena Investment Management LLC purchased a new position in Koppers in the second quarter worth about $47,652,000. BlackRock Inc. bought a new stake in Koppers during the second quarter worth approximately $136,837,000. Finally, Deutsche Bank AG bought a new stake in Koppers during the second quarter worth approximately $789,000. 92.75% of the stock is currently owned by institutional investors.
Key Stories Impacting Koppers
Here are the key news stories impacting Koppers this week:
- Positive Sentiment: Second-quarter results exceeded expectations. Koppers reported adjusted earnings of $1.37 per share, ahead of the $1.12 consensus estimate, while revenue of $520.1 million topped forecasts of $506.1 million. Strong volumes in the Performance Chemicals unit and continued utility-pole demand helped offset pricing pressure and higher costs. KOP Q2 Earnings and Revenues Top Estimates on PC Unit Strength
- Neutral Sentiment: Management is meeting investors in Canada. Chief Executive Officer Leroy Ball, Chief Financial Officer Eric Brenner and Investor Relations Vice President Quynh McGuire are scheduled to meet with the financial community in Montreal and Toronto on August 11–12. The meetings could provide additional insight into demand, costs and the company’s outlook, but no new financial details were announced. Koppers Management Meeting with Financial Community in Montreal and Toronto
- Negative Sentiment: Insider sales and lower forecasts weighed on sentiment. Director James A. Sullivan sold 80,000 shares for approximately $4.0 million, reducing his ownership by nearly 47%. Chief Accounting Officer Bradley A. Pearce also sold 2,000 shares. Separately, Sidoti lowered its FY2026 EPS estimate to $4.18 from $4.38, FY2027 to $4.86 from $4.95, and FY2028 to $5.02 from $5.24. Sidoti also reduced several quarterly estimates, citing a less favorable earnings trajectory despite the recent quarterly beat. Koppers Insider Transaction Filing
Analysts Set New Price Targets
KOP has been the topic of several research analyst reports. Barrington Research reissued an "outperform" rating and issued a $55.00 target price on shares of Koppers in a report on Monday, May 4th. Singular Research raised shares of Koppers to a "strong-buy" rating in a research note on Friday, May 15th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Koppers in a research note on Friday, July 24th. Finally, Wall Street Zen raised shares of Koppers from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Koppers presently has an average rating of "Moderate Buy" and a consensus target price of $55.00.
Check Out Our Latest Report on KOP
About Koppers
(
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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