Koppers (NYSE:KOP) CAO Bradley Pearce Sells 2,000 Shares of Stock

Koppers Holdings Inc. (NYSE:KOPGet Free Report) CAO Bradley Pearce sold 2,000 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $51.01, for a total value of $102,020.00. Following the completion of the transaction, the chief accounting officer directly owned 41,037 shares of the company’s stock, valued at approximately $2,093,297.37. This trade represents a 4.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Koppers Price Performance

KOP opened at $46.07 on Wednesday. The company’s 50-day simple moving average is $46.71 and its two-hundred day simple moving average is $40.51. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.01 and a current ratio of 2.33. The stock 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. Koppers Holdings Inc. has a 52-week low of $25.00 and a 52-week high of $53.00.

Koppers (NYSE:KOPGet Free Report) last announced its quarterly earnings results on Thursday, August 6th. The specialty chemicals company reported $1.37 EPS for the quarter, topping 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 firm had revenue of $520.10 million during the quarter, compared to analyst estimates of $506.10 million. During the same period in the previous year, the business posted $1.48 earnings per share. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. As a group, analysts predict that Koppers Holdings Inc. will post 4.11 EPS for the current year.

Koppers Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Friday, August 28th will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, August 28th. Koppers’s payout ratio is -7.63%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on KOP shares. Weiss Ratings restated a “hold (c+)” rating on shares of Koppers in a research note on Friday, July 24th. Singular Research upgraded Koppers to a “strong-buy” rating in a research report on Friday, May 15th. Barrington Research reissued an “outperform” rating and issued a $55.00 target price on shares of Koppers in a report on Monday, May 4th. Finally, Wall Street Zen raised Koppers from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Koppers currently has an average rating of “Moderate Buy” and an average target price of $55.00.

Check Out Our Latest Report on Koppers

Institutional Trading of Koppers

Hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC increased its position in Koppers by 3.2% in the first quarter. AQR Capital Management LLC now owns 71,897 shares of the specialty chemicals company’s stock worth $2,013,000 after buying an additional 2,212 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Koppers by 3.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,602 shares of the specialty chemicals company’s stock valued at $325,000 after buying an additional 361 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Koppers by 1.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 107,054 shares of the specialty chemicals company’s stock valued at $2,998,000 after acquiring an additional 1,845 shares during the period. Empowered Funds LLC grew its stake in shares of Koppers by 3.0% during the 1st quarter. Empowered Funds LLC now owns 111,031 shares of the specialty chemicals company’s stock valued at $3,109,000 after acquiring an additional 3,212 shares during the period. Finally, Jane Street Group LLC increased its holdings in Koppers by 374.3% in the 1st quarter. Jane Street Group LLC now owns 52,076 shares of the specialty chemicals company’s stock worth $1,458,000 after acquiring an additional 41,097 shares in the last quarter. Institutional investors own 92.75% of the company’s stock.

More Koppers News

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

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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