Koppers Holdings Inc. (NYSE:KOP) Given Consensus Recommendation of “Moderate Buy” by Analysts

Koppers Holdings Inc. (NYSE:KOP) has been given an average recommendation of “Moderate Buy” by the five research firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $52.50.

A number of research firms have commented on KOP. Wall Street Zen upgraded shares of Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Singular Research upgraded shares of Koppers to a “strong-buy” rating in a research report on Friday, May 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Koppers in a research note on Friday, July 24th. Finally, Barrington Research restated an “outperform” rating and set a $55.00 price objective on shares of Koppers in a research report on Monday, May 4th.

Koppers Stock Up 3.8%

NYSE KOP opened at $50.87 on Tuesday. The stock’s 50-day moving average price is $45.66 and its 200-day moving average price is $39.60. The company has a quick ratio of 1.11, a current ratio of 2.71 and a debt-to-equity ratio of 1.67. Koppers has a 52 week low of $25.00 and a 52 week high of $52.25. The company has a market capitalization of $978.13 million, a P/E ratio of 13.39, a price-to-earnings-growth ratio of 11.86 and a beta of 1.25.

Koppers (NYSE:KOP) last posted its quarterly earnings data on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.13. The firm had revenue of $455.30 million for the quarter, compared to analysts’ expectations of $390.10 million. Koppers had a return on equity of 14.53% and a net margin of 4.10%.The business’s quarterly revenue was down .3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.71 EPS. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. On average, equities research analysts predict that Koppers will post 4.13 earnings per share for the current year.

Koppers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, May 29th. Koppers’s dividend payout ratio is presently 9.47%.

Insider Transactions at Koppers

In other Koppers news, CEO M Leroy Ball sold 3,412 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $43.90, for a total transaction of $149,786.80. Following the sale, the chief executive officer directly owned 436,243 shares of the company’s stock, valued at $19,151,067.70. This trade represents a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 7.28% of the company’s stock.

Hedge Funds Weigh In On Koppers

A number of hedge funds have recently made changes to their positions in the business. Intech Investment Management LLC increased its holdings in Koppers by 521.2% in the 4th quarter. Intech Investment Management LLC now owns 73,572 shares of the specialty chemicals company’s stock valued at $1,992,000 after acquiring an additional 61,728 shares during the last quarter. Seizert Capital Partners LLC boosted its holdings in shares of Koppers by 209.4% during the 4th 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 last quarter. JB Capital Partners LP purchased a new position in shares of Koppers during the fourth quarter valued at about $1,896,000. Mangrove Partners IM LLC purchased a new position in shares of Koppers during the fourth quarter valued at about $616,000. Finally, Waterfront Wealth Inc. grew its position in shares of Koppers by 41.1% during the fourth quarter. Waterfront Wealth Inc. now owns 53,168 shares of the specialty chemicals company’s stock valued at $1,543,000 after purchasing an additional 15,481 shares in 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.