Koppers’ (KOP) Outperform Rating Reiterated at Barrington Research

Barrington Research restated 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 objective 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.

KOP has been the topic of several other reports. Singular Research raised Koppers to a “strong-buy” rating in a research report on Friday, September 20th. StockNews.com raised Koppers from a “sell” rating to a “hold” rating in a research report on Monday.

Koppers Price Performance

Shares of NYSE:KOP opened at $37.56 on Tuesday. Koppers has a 1-year low of $33.80 and a 1-year high of $58.23. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.54 and a quick ratio of 1.13. The business has a fifty day moving average price of $36.40 and a 200-day moving average price of $38.81. The company has a market capitalization of $761.34 million, a PE ratio of 10.67 and a beta of 1.84.

Koppers (NYSE:KOP) last issued its quarterly earnings results on Friday, November 8th. The specialty chemicals company reported $1.37 earnings per share 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 firm had revenue of $554.30 million during the quarter, compared to the consensus estimate of $571.80 million. During the same period last year, the company earned $1.32 earnings per share. The company’s revenue was up .7% on a year-over-year basis. As a group, equities analysts expect that Koppers will post 4.24 EPS for the current fiscal year.

Koppers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.75%. Koppers’s payout ratio is currently 7.95%.

Insider Activity

In related news, CEO M Leroy Ball sold 5,000 shares of Koppers stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $37.92, for a total transaction of $189,600.00. Following the sale, the chief executive officer now owns 315,129 shares of the company’s stock, valued at approximately $11,949,691.68. This trade represents a 1.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Joseph P. Dowd sold 5,516 shares of Koppers stock in a transaction that occurred on Monday, August 19th. The shares were 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. This trade represents a 34.88 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.55% of the company’s stock.

Institutional Investors Weigh In On Koppers

Several hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC increased its position in Koppers by 170.4% during the 3rd quarter. GAMMA Investing LLC now owns 830 shares of the specialty chemicals company’s stock valued at $30,000 after buying an additional 523 shares in the last quarter. nVerses Capital LLC acquired a new position in Koppers during the 2nd quarter valued at about $37,000. Meeder Asset Management Inc. acquired a new position in Koppers during the 3rd quarter valued at about $37,000. KBC Group NV increased its position in Koppers by 83.8% during the 3rd quarter. KBC Group NV now owns 1,204 shares of the specialty chemicals company’s stock valued at $44,000 after buying an additional 549 shares in the last quarter. Finally, Innealta Capital LLC acquired a new position in Koppers during the 2nd quarter valued at about $45,000. 92.75% of the stock is currently owned by hedge funds and other institutional investors.

Koppers Company Profile

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.