Koppers Holdings Inc. (NYSE:KOP) Receives Average Rating of “Moderate Buy” from Brokerages

Koppers Holdings Inc. (NYSE:KOP) has been assigned an average recommendation of “Moderate Buy” from the five brokerages that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $52.50.

Several analysts have commented on the company. Barrington Research reissued an “outperform” rating and issued a $55.00 price objective on shares of Koppers in a report on Monday, May 4th. Singular Research raised Koppers to a “strong-buy” rating in a research note on Friday, May 15th. Weiss Ratings upgraded 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 “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th.

Insider Activity

In other news, CEO M Leroy Ball sold 3,412 shares of the business’s stock in a transaction dated 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 $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 Securities & Exchange Commission, which is available at this link. 7.28% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Koppers

Several institutional investors have recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of Koppers by 27.0% during the first quarter. Bank of America Corp DE now owns 128,948 shares of the specialty chemicals company’s stock valued at $4,988,000 after acquiring an additional 27,433 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Koppers by 8.3% in the first quarter. Empowered Funds LLC now owns 96,573 shares of the specialty chemicals company’s stock worth $3,735,000 after acquiring an additional 7,398 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in Koppers during the 1st quarter worth $200,000. Quantinno Capital Management LP grew its holdings in shares of Koppers by 25.1% during the first quarter. Quantinno Capital Management LP now owns 19,839 shares of the specialty chemicals company’s stock worth $767,000 after buying an additional 3,978 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Koppers in the first quarter worth about $6,269,000. 92.75% of the stock is currently owned by institutional investors and hedge funds.

Koppers Stock Performance

KOP opened at $49.09 on Friday. The company has a debt-to-equity ratio of 1.67, a current ratio of 2.71 and a quick ratio of 1.11. The firm has a fifty day moving average price of $43.57 and a 200 day moving average price of $37.72. Koppers has a 1 year low of $25.00 and a 1 year high of $50.00. The stock has a market cap of $944.00 million, a P/E ratio of 12.92, a P/E/G ratio of 11.73 and a beta of 1.25.

Koppers (NYSE:KOP) last released its quarterly earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.44 by $0.13. Koppers had a net margin of 4.10% and a return on equity of 14.53%. The company had revenue of $455.30 million for the quarter, compared to analyst estimates of $390.10 million. During the same quarter last year, the business earned $0.71 earnings per share. The firm’s revenue was down .3% on a year-over-year basis. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Equities research analysts anticipate that Koppers will post 4.13 earnings per share for the current year.

Koppers Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a $0.09 dividend. The ex-dividend date was Friday, May 29th. This represents a $0.36 annualized dividend and a dividend yield of 0.7%. Koppers’s dividend payout ratio (DPR) is 9.47%.

Koppers Company Profile

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.