Stepan (NYSE:SCL) VP Scott R. Behrens sold 445 shares of the business’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $109.02, for a total transaction of $48,513.90. Following the completion of the sale, the vice president now directly owns 11,176 shares in the company, valued at approximately $1,218,407.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of SCL opened at $109.20 on Friday. The company has a current ratio of 2.50, a quick ratio of 1.84 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $2.45 billion, a P/E ratio of 22.85 and a beta of 1.00. The firm’s fifty day simple moving average is $97.16 and its two-hundred day simple moving average is $95.12. Stepan has a 12 month low of $69.33 and a 12 month high of $110.50.

Stepan (NYSE:SCL) last issued its quarterly earnings results on Wednesday, July 22nd. The basic materials company reported $1.65 EPS for the quarter, beating the Zacks’ consensus estimate of $1.20 by $0.45. The business had revenue of $460.55 million for the quarter, compared to analysts’ expectations of $437.50 million. Stepan had a net margin of 6.15% and a return on equity of 13.22%. As a group, research analysts predict that Stepan will post 5.2 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $0.275 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.01%. Stepan’s dividend payout ratio (DPR) is presently 21.48%.

Several analysts recently weighed in on the stock. Zacks Investment Research raised shares of Stepan from a “sell” rating to a “hold” rating and set a $125.00 price objective on the stock in a research note on Saturday, July 25th. TheStreet raised shares of Stepan from a “c+” rating to a “b-” rating in a research report on Wednesday, April 29th. Finally, Stifel Nicolaus upped their price target on shares of Stepan from $109.00 to $113.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. Stepan presently has a consensus rating of “Hold” and an average price target of $75.80.

Several hedge funds have recently added to or reduced their stakes in SCL. FMR LLC boosted its position in shares of Stepan by 189.0% during the 1st quarter. FMR LLC now owns 341 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 223 shares in the last quarter. Marshall Wace North America L.P. bought a new position in shares of Stepan during the 4th quarter worth about $41,000. Mutual of America Capital Management LLC boosted its position in shares of Stepan by 28.0% during the 1st quarter. Mutual of America Capital Management LLC now owns 906 shares of the basic materials company’s stock worth $80,000 after purchasing an additional 198 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of Stepan by 1,612.7% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 942 shares of the basic materials company’s stock worth $91,000 after purchasing an additional 887 shares in the last quarter. Finally, TFG Advisers LLC bought a new position in shares of Stepan during the 4th quarter worth about $121,000. 74.90% of the stock is currently owned by institutional investors.

Stepan Company Profile

Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products in North America, Europe, Latin America, and Asia. The company operates through three segments: Surfactants, Polymers, and Specialty Products.

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Insider Buying and Selling by Quarter for Stepan (NYSE:SCL)

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