BlackRock Inc. Purchases New Stake in Koppers Holdings Inc. $KOP

Key Points

• BlackRock acquired a 15.85% stake in Koppers Holdings during the second quarter, purchasing 3.05 million shares valued at approximately $136.8 million. Institutional investors collectively own 92.75% of the company.
• Koppers reported quarterly EPS of $1.37, exceeding analyst estimates of $1.12, while revenue rose 3% year over year to $520.1 million. The company reaffirmed fiscal 2026 EPS guidance of $3.80–$4.20.
• The stock recently traded at $46.61, while analysts maintain a “Moderate Buy” consensus with an average price target of $55.00. Koppers also declared a quarterly dividend of $0.09 per share, although insiders have sold shares during the past quarter.

BlackRock Inc. bought a new position in shares of Koppers Holdings Inc. (NYSE:KOP - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,047,603 shares of the specialty chemicals company's stock, valued at approximately $136,837,000. BlackRock Inc. owned approximately 15.85% of Koppers at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Pzena Investment Management LLC boosted its position in shares of Koppers by 0.4% during the first quarter. Pzena Investment Management LLC now owns 1,209,376 shares of the specialty chemicals company's stock valued at $46,779,000 after buying an additional 5,124 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Koppers by 1.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,191,358 shares of the specialty chemicals company's stock valued at $46,082,000 after buying an additional 17,833 shares during the last quarter. Simcoe Capital Management LLC purchased a new stake in Koppers in the 4th quarter valued at $22,032,000. Charles Schwab Investment Management Inc. lifted its stake in Koppers by 4.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 568,413 shares of the specialty chemicals company's stock valued at $15,393,000 after acquiring an additional 22,114 shares in the last quarter. Finally, Quaker Capital Investments LLC raised its holdings in shares of Koppers by 13.5% in the fourth quarter. Quaker Capital Investments LLC now owns 474,865 shares of the specialty chemicals company's stock valued at $12,859,000 after purchasing an additional 56,500 shares during the last quarter. Institutional investors and hedge funds own 92.75% of the company's stock.

Koppers Stock Performance

NYSE KOP opened at $46.61 on Friday. The firm has a market cap of $881.40 million, a P/E ratio of -9.87, a price-to-earnings-growth ratio of 11.36 and a beta of 1.25. The company has a quick ratio of 1.01, a current ratio of 2.33 and a debt-to-equity ratio of 2.31. The company's 50 day moving average is $47.54 and its 200-day moving average is $41.89. Koppers Holdings Inc. has a 12-month low of $25.00 and a 12-month high of $53.00.

Koppers (NYSE:KOP - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The specialty chemicals company reported $1.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.12 by $0.25. Koppers had a negative net margin of 4.59% and a positive return on equity of 14.98%. The business had revenue of $520.10 million during the quarter, compared to analyst estimates of $506.10 million. During the same period in the previous year, the business earned $1.48 EPS. Koppers's revenue was up 3.0% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. Sell-side analysts predict that Koppers Holdings Inc. will post 4.08 earnings per share for the current year.

Koppers Announces Dividend

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

Insider Buying and Selling

In other Koppers news, insider James A. Sullivan sold 7,500 shares of the firm's stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $50.00, for a total value of $375,000.00. Following the completion of the transaction, the insider owned 82,898 shares in the company, valued at $4,144,900. This trade represents a 8.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Bradley A. Pearce sold 2,000 shares of the company's stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $51.01, for a total value of $102,020.00. Following the sale, the chief accounting officer owned 41,037 shares in the company, valued at approximately $2,093,297.37. This represents a 4.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 97,220 shares of company stock worth $4,823,398. Company insiders own 7.28% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Weiss Ratings cut shares of Koppers from a "hold (c+)" rating to a "sell (d+)" rating in a report on Tuesday, August 11th. Singular Research upgraded Koppers to a "strong-buy" rating in a research note on Friday, May 15th. Wall Street Zen lowered Koppers from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 15th. Finally, Barrington Research reaffirmed an "outperform" rating and set a $55.00 price target on shares of Koppers in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $55.00.

Koppers Company 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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