Arrowstreet Capital Limited Partnership Acquires New Position in Koppers Holdings Inc. $KOP

Key Points

• Arrowstreet Capital acquired 162,072 Koppers shares during the first quarter, valued at approximately $6.27 million and representing about 0.84% of the company. Institutional investors collectively own 92.75% of Koppers.
• Koppers reported quarterly earnings of $0.57 per share, exceeding the $0.44 consensus estimate, while revenue of $455.3 million also surpassed expectations. The company issued fiscal 2026 EPS guidance of $3.80–$4.60.
• Koppers shares opened at $48.97, near their 52-week high of $52.25. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $52.50, and the company pays a quarterly dividend of $0.09 per share.

Arrowstreet Capital Limited Partnership acquired a new stake in Koppers Holdings Inc. (NYSE:KOP - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 162,072 shares of the specialty chemicals company's stock, valued at approximately $6,269,000. Arrowstreet Capital Limited Partnership owned approximately 0.84% of Koppers at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC lifted its holdings in shares of Koppers by 258.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company's stock valued at $62,000 after buying an additional 1,391 shares during the period. Quantbot Technologies LP grew its holdings in Koppers by 95.6% during the second quarter. Quantbot Technologies LP now owns 2,130 shares of the specialty chemicals company's stock worth $68,000 after acquiring an additional 1,041 shares during the period. BNP Paribas Financial Markets grew its holdings in Koppers by 23.5% during the second quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company's stock worth $104,000 after acquiring an additional 615 shares during the period. Kestra Advisory Services LLC purchased a new position in Koppers in the fourth quarter worth $114,000. Finally, Quadrant Capital Group LLC purchased a new position in Koppers in the third quarter worth $160,000. Institutional investors and hedge funds own 92.75% of the company's stock.

Insider Activity

In other news, CEO M Leroy Ball sold 3,412 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $43.90, for a total value of $149,786.80. Following the sale, the chief executive officer directly owned 436,243 shares in the company, valued at $19,151,067.70. This represents a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 7.28% of the stock is owned by company insiders.

Koppers Stock Down 0.1%

KOP opened at $48.97 on Monday. The business's fifty day moving average is $45.44 and its two-hundred day moving average is $39.45. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.11 and a current ratio of 2.71. The company has a market cap of $941.64 million, a price-to-earnings ratio of 12.89, a PEG ratio of 11.86 and a beta of 1.25. Koppers Holdings Inc. has a one year low of $25.00 and a one year high of $52.25.

Koppers (NYSE:KOP - Get Free Report) last posted its earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.13. The company had revenue of $455.30 million for the quarter, compared to analyst estimates of $390.10 million. Koppers had a return on equity of 14.53% and a net margin of 4.10%.Koppers's revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.71 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Analysts anticipate that Koppers Holdings Inc. will post 4.13 EPS for the current fiscal year.

Koppers Dividend Announcement

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

Analyst Upgrades and Downgrades

KOP has been the subject of a number of recent analyst reports. Wall Street Zen raised Koppers from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 16th. Singular Research upgraded shares of Koppers to a "strong-buy" rating in a report on Friday, May 15th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Koppers in a report on Friday, July 24th. Finally, Barrington Research reiterated an "outperform" rating and issued a $55.00 price objective on shares of Koppers in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Koppers has a consensus rating of "Moderate Buy" and an average price target of $52.50.

Koppers Profile

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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