Koppers (NYSE:KOP) CEO M Leroy Ball Sells 2,659 Shares of Stock

Koppers Holdings Inc. (NYSE:KOP) CEO M Leroy Ball sold 2,659 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was 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. The trade was a 0.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

M Leroy Ball also recently made the following trade(s):

• On Tuesday, March 17th, M Leroy Ball sold 2,489 shares of Koppers stock. The stock was sold at an average price of $37.91, for a total transaction of $94,357.99.

Koppers Trading Down 0.6%

Shares of Koppers stock opened at $42.42 on Friday. Koppers Holdings Inc. has a 1 year low of $25.00 and a 1 year high of $46.40. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.11 and a current ratio of 2.71. The company has a market capitalization of $815.81 million, a P/E ratio of 11.16, a PEG ratio of 10.52 and a beta of 1.28. The company’s fifty day moving average is $38.68 and its two-hundred day moving average is $32.88.

Koppers (NYSE:KOP) last issued 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 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 the consensus estimate of $390.10 million. During the same period last year, the firm posted $0.71 EPS. Koppers’s revenue for the quarter was down .3% on a year-over-year basis. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Analysts forecast that Koppers Holdings Inc. will post 4.06 earnings per share for the current year.

Koppers Dividend Announcement

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

Institutional Trading of Koppers

Hedge funds and other institutional investors have recently made changes to their positions in the stock. LSV Asset Management lifted its stake in shares of Koppers by 17.1% in the third quarter. LSV Asset Management now owns 954,431 shares of the specialty chemicals company’s stock valued at $26,724,000 after purchasing an additional 139,600 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Koppers in the third quarter valued at about $3,635,000. Seizert Capital Partners LLC lifted its stake in shares of Koppers by 209.4% in the fourth quarter. Seizert Capital Partners LLC now owns 112,401 shares of the specialty chemicals company’s stock valued at $3,044,000 after purchasing an additional 76,068 shares during the period. Villanova Investment Management Co LLC lifted its stake in shares of Koppers by 47.7% in the third quarter. Villanova Investment Management Co LLC now owns 71,665 shares of the specialty chemicals company’s stock valued at $2,007,000 after purchasing an additional 23,131 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Koppers in the third quarter valued at about $914,000. Institutional investors and hedge funds own 92.75% of the company’s stock.

Wall Street Analysts Forecast Growth

KOP has been the topic of several analyst reports. Barrington Research reaffirmed an “outperform” rating and issued a $55.00 target price on shares of Koppers in a report on Monday, May 4th. Zacks Research raised shares of Koppers from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Weiss Ratings raised shares of Koppers from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen raised shares of Koppers from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $52.50.

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.