Koppers (NYSE:KOP) Earns Outperform Rating from Barrington Research

Barrington Research reiterated their outperform rating on shares of Koppers (NYSE:KOP) in a report released on Tuesday,Benzinga reports. The firm currently has a $64.00 price target on the specialty chemicals company’s stock. Barrington Research also issued estimates for Koppers’ Q4 2024 earnings at $0.93 EPS, Q1 2025 earnings at $0.53 EPS, Q2 2025 earnings at $1.30 EPS, Q3 2025 earnings at $1.24 EPS, Q4 2025 earnings at $0.96 EPS, FY2025 earnings at $4.03 EPS, Q1 2026 earnings at $0.59 EPS, Q2 2026 earnings at $1.45 EPS, Q3 2026 earnings at $1.45 EPS and FY2026 earnings at $4.58 EPS.

Other equities analysts also recently issued reports about the company. StockNews.com upgraded shares of Koppers from a “sell” rating to a “hold” rating in a research note on Monday, November 11th. Singular Research upgraded Koppers to a “strong-buy” rating in a research note on Friday, September 20th.

Koppers Trading Down 2.9 %

Shares of KOP stock opened at $36.46 on Tuesday. The company has a current ratio of 2.54, a quick ratio of 1.13 and a debt-to-equity ratio of 1.83. The stock has a market cap of $739.04 million, a price-to-earnings ratio of 10.36 and a beta of 1.84. The company’s 50-day moving average price is $36.40 and its 200-day moving average price is $38.69. Koppers has a twelve month low of $33.80 and a twelve month high of $58.23.

Koppers (NYSE:KOP) last announced its quarterly earnings results on Friday, November 8th. The specialty chemicals company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.25 by $0.12. Koppers had a return on equity of 16.71% and a net margin of 3.55%. The business had revenue of $554.30 million for the quarter, compared to analyst estimates of $571.80 million. During the same quarter in the prior year, the company posted $1.32 EPS. The company’s quarterly revenue was up .7% on a year-over-year basis. As a group, equities analysts predict that Koppers will post 4.24 earnings per share for the current year.

Koppers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.28 dividend on an annualized basis and a yield of 0.77%. Koppers’s dividend payout ratio is presently 7.95%.

Insider Buying and Selling at Koppers

In related news, VP Joseph P. Dowd sold 5,516 shares of Koppers stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $37.72, for a total value of $208,063.52. Following the sale, the vice president now directly owns 10,300 shares in the company, valued at $388,516. The trade was a 34.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO M Leroy Ball sold 5,000 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $37.92, for a total value of $189,600.00. Following the completion of the transaction, the chief executive officer now owns 315,129 shares of the company’s stock, valued at $11,949,691.68. The trade was a 1.56 % decrease in their position. The disclosure for this sale can be found here. 6.55% of the stock is owned by company insiders.

Institutional Trading of Koppers

Several large investors have recently bought and sold shares of the company. Acadian Asset Management LLC boosted its stake in shares of Koppers by 91.7% during the 1st quarter. Acadian Asset Management LLC now owns 119,691 shares of the specialty chemicals company’s stock worth $6,601,000 after purchasing an additional 57,252 shares during the last quarter. Sei Investments Co. raised its holdings in Koppers by 78.6% in the first quarter. Sei Investments Co. now owns 65,018 shares of the specialty chemicals company’s stock valued at $3,587,000 after buying an additional 28,605 shares during the period. Assenagon Asset Management S.A. raised its stake in shares of Koppers by 37.1% in the 2nd quarter. Assenagon Asset Management S.A. now owns 132,016 shares of the specialty chemicals company’s stock valued at $4,883,000 after acquiring an additional 35,741 shares during the period. Hennessy Advisors Inc. acquired a new position in shares of Koppers during the 2nd quarter valued at $5,671,000. Finally, Natixis Advisors LLC purchased a new stake in Koppers during the 2nd quarter worth $700,000. Institutional investors and hedge funds own 92.75% of the company’s stock.

About Koppers

Koppers Holdings Inc provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally. The company operates through Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC) segments.