222,570 Shares in Koppers Holdings Inc. $KOP Bought by Bank of New York Mellon Corp

Key Points

• Bank of New York Mellon acquired 222,570 Koppers shares worth approximately $9.99 million, giving it a 1.16% stake. Institutional investors collectively own 92.75% of the company.
• Koppers reported quarterly EPS of $1.37, beating estimates of $1.12, while revenue rose 3% year over year to $520.1 million. The company provided fiscal 2026 EPS guidance of $3.80–$4.20.
• Analyst sentiment is mixed but averages to a “Moderate Buy,” with a consensus price target of $55.00. Koppers also declared a quarterly dividend of $0.09 per share, while insiders have sold 101,220 shares over the past quarter.

Bank of New York Mellon Corp acquired a new stake in shares of Koppers Holdings Inc. (NYSE:KOP - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 222,570 shares of the specialty chemicals company's stock, valued at approximately $9,993,000. Bank of New York Mellon Corp owned 1.16% of Koppers as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. AQR Capital Management LLC increased its position in shares of Koppers by 3.2% in the first quarter. AQR Capital Management LLC now owns 71,897 shares of the specialty chemicals company's stock worth $2,013,000 after purchasing an additional 2,212 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Koppers by 3.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,602 shares of the specialty chemicals company's stock worth $325,000 after buying an additional 361 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Koppers by 1.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 107,054 shares of the specialty chemicals company's stock worth $2,998,000 after buying an additional 1,845 shares during the last quarter. Empowered Funds LLC raised its position in shares of Koppers by 3.0% during the 1st quarter. Empowered Funds LLC now owns 111,031 shares of the specialty chemicals company's stock valued at $3,109,000 after buying an additional 3,212 shares in the last quarter. Finally, Jane Street Group LLC raised its position in shares of Koppers by 374.3% during the 1st quarter. Jane Street Group LLC now owns 52,076 shares of the specialty chemicals company's stock valued at $1,458,000 after buying an additional 41,097 shares in the last quarter. 92.75% of the stock is currently owned by hedge funds and other institutional investors.

Koppers Price Performance

KOP opened at $46.79 on Thursday. The stock's 50 day simple moving average is $47.69 and its 200 day simple moving average is $42.21. The company has a debt-to-equity ratio of 2.31, a current ratio of 2.33 and a quick ratio of 1.01. Koppers Holdings Inc. has a 1 year low of $25.00 and a 1 year high of $53.00. The firm has a market cap of $884.74 million, a price-to-earnings ratio of -9.91, a PEG ratio of 11.26 and a beta of 1.23.

Koppers (NYSE:KOP - Get Free Report) last announced its quarterly 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 business 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 business's quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.48 EPS. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. As a group, analysts predict that Koppers Holdings Inc. will post 4.08 earnings per share for the current year.

Koppers Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Friday, August 28th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, August 28th. Koppers's dividend payout ratio is currently -7.63%.

Analyst Upgrades and Downgrades

KOP has been the subject of several research reports. Singular Research upgraded shares of Koppers to a "strong-buy" rating in a research report on Friday, May 15th. Wall Street Zen downgraded Koppers from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 15th. Finally, Weiss Ratings lowered Koppers from a "hold (c+)" rating to a "sell (d+)" rating in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $55.00.

Insider Activity

In other Koppers news, CEO M Leroy Ball sold 4,000 shares of the firm's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $45.96, for a total value of $183,840.00. Following the sale, the chief executive officer owned 429,555 shares of the company's stock, valued at $19,742,347.80. This trade represents a 0.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider James A. Sullivan sold 7,500 shares of the business's stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $50.00, for a total transaction of $375,000.00. Following the completion of the transaction, the insider owned 82,898 shares in the company, valued at $4,144,900. The trade was a 8.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 101,220 shares of company stock valued at $5,007,238. 7.28% of the stock is owned by corporate insiders.

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.

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