Koppers Holdings Inc. (NYSE:KOP - Get Free Report) CEO M Leroy Ball sold 3,000 shares of Koppers stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $45.84, for a total value of $137,520.00. Following the completion of the sale, the chief executive officer directly owned 433,555 shares of the company's stock, valued at $19,874,161.20. This trade represents a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
M Leroy Ball also recently made the following trade(s):
- On Thursday, June 18th, M Leroy Ball sold 3,412 shares of Koppers stock. The shares were sold at an average price of $43.90, for a total value of $149,786.80.
Koppers Price Performance
Shares of KOP stock opened at $45.89 on Friday. The stock has a 50-day moving average price of $47.29 and a 200 day moving average price of $41.33. The company has a quick ratio of 1.01, a current ratio of 2.33 and a debt-to-equity ratio of 2.31. The firm has a market cap of $867.78 million, a price-to-earnings ratio of -9.72, a PEG ratio of 11.01 and a beta of 1.25. Koppers Holdings Inc. has a 12 month low of $25.00 and a 12 month high of $53.00.
Koppers (NYSE:KOP - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The specialty chemicals company reported $1.37 earnings per share for the quarter, topping the consensus estimate 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 analysts' expectations of $506.10 million. During the same period in the previous year, the business posted $1.48 EPS. The company'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. Research analysts expect that Koppers Holdings Inc. will post 4.08 EPS for the current year.
Koppers Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Friday, August 28th will be paid a dividend of $0.09 per share. 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 payout ratio is -7.63%.
Institutional Trading of Koppers
A number of hedge funds have recently modified their holdings of KOP. Assetmark Inc. acquired a new position in Koppers during the second quarter valued at approximately $30,000. Public Employees Retirement System of Ohio acquired a new stake in Koppers in the second quarter worth $50,000. Tower Research Capital LLC TRC raised its holdings in Koppers by 258.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company's stock worth $62,000 after purchasing an additional 1,391 shares during the period. Quantbot Technologies LP boosted its position in shares of Koppers by 95.6% during the second quarter. Quantbot Technologies LP now owns 2,130 shares of the specialty chemicals company's stock worth $68,000 after purchasing an additional 1,041 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Koppers by 23.5% during the second quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company's stock worth $104,000 after purchasing an additional 615 shares in the last quarter. 92.75% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages have issued reports on KOP. Weiss Ratings cut shares of Koppers from a "hold (c+)" rating to a "sell (d+)" rating in a research note on Tuesday, August 11th. Wall Street Zen cut shares of Koppers from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 15th. Singular Research raised Koppers to a "strong-buy" rating in a research note on Friday, May 15th. Finally, Barrington Research restated an "outperform" rating and issued a $55.00 price target on shares of Koppers in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Koppers presently has a consensus rating of "Moderate Buy" and a consensus price target of $55.00.
Read Our Latest Stock Analysis on KOP
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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