Marble Wealth LLC Purchases New Shares in Koppers Holdings Inc. $KOP

Marble Wealth LLC acquired a new position in shares of Koppers Holdings Inc. (NYSE:KOP) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 15,085 shares of the specialty chemicals company’s stock, valued at approximately $409,000.

Several other hedge funds and other institutional investors have also made changes to their positions in KOP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Koppers by 3.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,602 shares of the specialty chemicals company’s stock worth $325,000 after acquiring an additional 361 shares during the last quarter. Federated Hermes Inc. grew its holdings in Koppers by 0.6% during the 3rd quarter. Federated Hermes Inc. now owns 65,695 shares of the specialty chemicals company’s stock valued at $1,839,000 after purchasing an additional 408 shares during the last quarter. BNP Paribas Financial Markets raised its position in Koppers by 23.5% in the 2nd 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 during the period. Creative Planning lifted its stake in Koppers by 7.4% in the third quarter. Creative Planning now owns 12,180 shares of the specialty chemicals company’s stock worth $341,000 after purchasing an additional 837 shares during the last quarter. Finally, 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 valued at $68,000 after buying an additional 1,041 shares during the period. Hedge funds and other institutional investors own 92.75% of the company’s stock.

Insider Transactions at Koppers

In other Koppers news, CEO M Leroy Ball sold 2,659 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $42.55, for a total transaction of $113,140.45. Following the transaction, the chief executive officer directly owned 444,096 shares in the company, valued at $18,896,284.80. This represents a 0.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 7.28% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Weiss Ratings upgraded Koppers from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Barrington Research restated an “outperform” rating and set a $55.00 price objective on shares of Koppers in a report on Monday, May 4th. Wall Street Zen raised Koppers from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. Zacks Research upgraded Koppers from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Finally, Singular Research upgraded Koppers to a “strong-buy” rating in a research report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $52.50.

Koppers Stock Performance

Shares of NYSE:KOP opened at $43.19 on Thursday. The firm’s 50 day simple moving average is $39.63 and its 200-day simple moving average is $34.12. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.11 and a current ratio of 2.71. Koppers Holdings Inc. has a one year low of $25.00 and a one year high of $46.40. The firm has a market cap of $830.51 million, a PE ratio of 11.37, a price-to-earnings-growth ratio of 10.44 and a beta of 1.26.

Koppers (NYSE:KOP) last announced its quarterly earnings data on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, topping 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 company had revenue of $455.30 million for the quarter, compared to analysts’ expectations of $390.10 million. During the same quarter in the prior year, the firm earned $0.71 earnings per share. Koppers’s revenue was down .3% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, equities analysts predict that Koppers Holdings Inc. will post 4.07 EPS for the current year.

Koppers Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. Koppers’s dividend payout ratio is 9.47%.

About Koppers

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.