Koppers (NYSE:KOP – Get Free Report) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Saturday.
Several other analysts also recently commented on the stock. Weiss Ratings downgraded shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Singular Research raised shares of Koppers to a “strong-buy” rating in a report on Friday, May 15th. Finally, Barrington Research reiterated an “outperform” rating and issued a $55.00 target price on shares of Koppers in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $55.00.
View Our Latest Analysis on Koppers
Koppers Trading Down 0.5%
Koppers (NYSE:KOP – Get Free Report) last released its 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. The firm had revenue of $520.10 million for the quarter, compared to analysts’ expectations of $506.10 million. Koppers had a positive return on equity of 14.98% and a negative net margin of 4.59%.The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.48 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. As a group, equities analysts predict that Koppers will post 4.08 earnings per share for the current fiscal year.
Insider Transactions at Koppers
In other news, SVP Stephen G. Lucas sold 1,308 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $44.55, for a total value of $58,271.40. Following the transaction, the senior vice president directly owned 34,345 shares in the company, valued at $1,530,069.75. This trade represents a 3.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Bradley A. Pearce sold 2,000 shares of the firm’s stock in a transaction on 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 owned 41,037 shares in the company, valued at approximately $2,093,297.37. This trade represents a 4.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 94,220 shares of company stock valued at $4,685,878 over the last 90 days. 7.28% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the company. Assetmark Inc. bought a new stake in shares of Koppers during the 2nd quarter valued at about $30,000. Tower Research Capital LLC TRC lifted its stake in shares of Koppers by 258.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company’s stock worth $62,000 after purchasing an additional 1,391 shares during the period. Quantbot Technologies LP boosted its holdings in shares of Koppers by 95.6% in the second quarter. Quantbot Technologies LP now owns 2,130 shares of the specialty chemicals company’s stock worth $68,000 after buying an additional 1,041 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Koppers by 23.5% in the second 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. Finally, Kestra Advisory Services LLC purchased a new position in shares of Koppers in the fourth quarter worth approximately $114,000. Institutional investors own 92.75% of the company’s stock.
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.
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