Koppers (NYSE:KOP) Insider James Sullivan Sells 80,000 Shares

Koppers Holdings Inc. (NYSE:KOP) insider James Sullivan sold 80,000 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $50.01, for a total transaction of $4,000,800.00. Following the completion of the transaction, the insider owned 90,398 shares in the company, valued at $4,520,803.98. This trade represents a 46.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Koppers Trading Down 8.8%

KOP opened at $46.07 on Wednesday. Koppers Holdings Inc. has a twelve month low of $25.00 and a twelve month high of $53.00. The company has a fifty day moving average of $46.71 and a 200-day moving average of $40.51. The stock has a market cap of $871.24 million, a PE ratio of -9.76, a price-to-earnings-growth ratio of 12.30 and a beta of 1.25. The company has a quick ratio of 1.01, a current ratio of 2.33 and a debt-to-equity ratio of 2.31.

Koppers (NYSE:KOP) last released its earnings results on Thursday, August 6th. The specialty chemicals company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.25. The business had revenue of $520.10 million for the quarter, compared to analyst estimates of $506.10 million. Koppers had a negative net margin of 4.59% and a positive return on equity of 14.98%. Koppers’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.48 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. On average, sell-side analysts predict that Koppers Holdings Inc. will post 4.11 EPS for the current year.

Koppers Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Trending Headlines about Koppers

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd grew its stake in Koppers by 1.1% in the 4th quarter. Dynamic Technology Lab Private Ltd now owns 29,423 shares of the specialty chemicals company’s stock valued at $797,000 after purchasing an additional 308 shares during the period. Engineers Gate Manager LP increased its position in shares of Koppers by 0.7% during the 4th quarter. Engineers Gate Manager LP now owns 48,228 shares of the specialty chemicals company’s stock valued at $1,306,000 after purchasing an additional 332 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake 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 worth $325,000 after purchasing an additional 361 shares during the period. First Trust Advisors LP boosted its holdings in shares of Koppers by 0.9% in the 4th quarter. First Trust Advisors LP now owns 62,361 shares of the specialty chemicals company’s stock worth $1,689,000 after buying an additional 567 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of 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 buying an additional 615 shares during the last quarter. Institutional investors own 92.75% of the company’s stock.

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.