Villanova Investment Management Co cut its holdings in shares of Koppers Holdings Inc. (NYSE:KOP – Free Report) by 34.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,559 shares of the specialty chemicals company’s stock after selling 19,276 shares during the quarter. Koppers makes up 1.7% of Villanova Investment Management Co’s investment portfolio, making the stock its 27th largest holding. Villanova Investment Management Co owned 0.19% of Koppers worth $1,667,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in the business. BlackRock Inc. bought a new position in Koppers during the second quarter valued at about $136,837,000. Pzena Investment Management LLC bought a new stake in Koppers in the second quarter worth about $47,652,000. Dimensional Fund Advisors LP raised its position in Koppers by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 1,191,358 shares of the specialty chemicals company’s stock worth $46,082,000 after acquiring an additional 17,833 shares during the period. State Street Corp boosted its stake in Koppers by 7.0% in the second quarter. State Street Corp now owns 804,553 shares of the specialty chemicals company’s stock valued at $36,124,000 after acquiring an additional 52,289 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in Koppers in the second quarter valued at about $9,993,000. 92.75% of the stock is currently owned by institutional investors.
Koppers News Summary
Here are the key news stories impacting Koppers this week:
- Positive Sentiment: Koppers declared a quarterly cash dividend of $0.09 per share, payable December 14 to shareholders of record November 27. The annualized payout is $0.36 per share, equivalent to a yield of about 0.8%. Koppers declares quarterly cash dividend
- Positive Sentiment: Sidoti raised its EPS forecasts for several quarters, including Q3 2026 (to $1.31 from $1.07), Q2 2027 (to $1.50 from $1.26), and Q3 2028 (to $1.47 from $1.29). Koppers analyst estimates
- Negative Sentiment: Other Sidoti revisions were notably lower: estimates fell for Q4 2026 to $0.89 from $1.17, Q1 2027 to $0.91 from $1.01, Q4 2027 to $1.07 from $1.35, and Q1 2028 to $0.98 from $1.04. These cuts to near-term and later-quarter expectations may be a headwind, despite the increases elsewhere. Koppers analyst estimates
Koppers Stock Down 7.8%
KOP opened at $39.55 on Friday. Koppers Holdings Inc. has a 12 month low of $25.00 and a 12 month high of $53.00. The company has a market cap of $747.89 million, a PE ratio of -8.38 and a beta of 1.23. The company has a current ratio of 2.33, a quick ratio of 1.01 and a debt-to-equity ratio of 2.31. The company has a 50 day moving average of $44.46 and a 200 day moving average of $41.68.
Koppers (NYSE:KOP – Get Free Report) last issued its earnings results on Thursday, August 6th. The specialty chemicals company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.25. Koppers had a negative net margin of 4.59% and a positive return on equity of 14.98%. The business had revenue of $520.10 million for the quarter, compared to analysts’ expectations of $506.10 million. During the same quarter in the previous year, the firm posted $1.48 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. On average, sell-side analysts expect that Koppers Holdings Inc. will post 4.07 EPS for the current year.
Koppers Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Friday, November 27th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, November 27th. This represents a $0.36 dividend on an annualized basis and a yield of 0.9%. Koppers’s dividend payout ratio is -7.63%.
Insider Buying and Selling
In other Koppers news, insider James Sullivan sold 7,500 shares of Koppers stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $50.00, for a total transaction of $375,000.00. Following the completion of the transaction, the insider owned 82,898 shares of the company’s stock, valued at $4,144,900. The trade was a 8.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Bradley Pearce sold 2,000 shares of Koppers stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $51.01, for a total value of $102,020.00. Following the transaction, the chief accounting officer directly owned 41,037 shares of the company’s stock, valued at $2,093,297.37. The trade was a 4.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 17,808 shares of company stock worth $856,651. Company insiders own 7.28% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on KOP. Weiss Ratings downgraded shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Wall Street Zen cut shares of Koppers from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $55.00.
Get Our Latest Report on Koppers
Koppers Company Profile
Koppers Holdings Inc (NYSE:KOP) is a global provider of treated wood products, carbon compounds and performance chemicals. The company serves infrastructure, industrial and utility markets with products designed to preserve, protect and extend the service life of wood and other materials.
Koppers operates through two primary business areas: Railroad and Utility Products and Services, and Performance Chemicals. Its offerings include treated railroad crossties, utility poles, pilings and other wood products, as well as wood preservatives and related treatment services.
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