Koppers Holdings Inc. $KOP Stock Holdings Boosted by State Street Corp

Key Points

• State Street increased its Koppers stake by 7% in the second quarter, bringing its holdings to 804,553 shares valued at about $36.1 million. Institutional investors collectively own 92.75% of the company.
• Analyst views remain mixed, with Koppers carrying a “Moderate Buy” consensus rating and a $55 average price target. Meanwhile, insiders sold 97,808 shares worth approximately $4.86 million over the past 90 days.
• Koppers exceeded quarterly expectations with adjusted EPS of $1.37 versus the $1.12 consensus and revenue of $520.1 million, up 3% year over year. The company maintained fiscal 2026 EPS guidance of $3.80–$4.20 and pays a quarterly dividend of $0.09 per share.

State Street Corp increased its holdings in Koppers Holdings Inc. (NYSE:KOP - Free Report) by 7.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 804,553 shares of the specialty chemicals company's stock after purchasing an additional 52,289 shares during the quarter. State Street Corp owned approximately 4.25% of Koppers worth $36,124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Assetmark Inc. bought a new position in shares of Koppers during the second quarter valued at approximately $30,000. Nykredit A S bought a new position in Koppers in the 2nd quarter worth $31,000. Kestra Advisory Services LLC lifted its position in shares of Koppers by 25.3% in the 1st quarter. Kestra Advisory Services LLC now owns 5,297 shares of the specialty chemicals company's stock worth $205,000 after purchasing an additional 1,070 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Koppers during the 2nd quarter valued at about $50,000. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Koppers by 11.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 13,694 shares of the specialty chemicals company's stock valued at $530,000 after buying an additional 1,414 shares during the period. Institutional investors own 92.75% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on KOP. Weiss Ratings cut Koppers from a "hold (c+)" rating to a "sell (d+)" rating in a research report on Tuesday, August 11th. Wall Street Zen lowered Koppers from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Koppers currently has an average rating of "Moderate Buy" and an average price target of $55.00.

Insider Buying and Selling

In other news, CAO Bradley Pearce sold 2,000 shares of Koppers stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $51.01, for a total value of $102,020.00. Following the completion of the transaction, the chief accounting officer owned 41,037 shares of the company's stock, valued at $2,093,297.37. The trade was a 4.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Leroy Ball sold 4,000 shares of the company's stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $45.96, for a total transaction of $183,840.00. Following the completion of the transaction, the chief executive officer owned 429,555 shares in the company, valued at approximately $19,742,347.80. The trade was a 0.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 97,808 shares of company stock worth $4,857,451 in the last 90 days. 7.28% of the stock is owned by company insiders.

Koppers Price Performance

Shares of NYSE KOP opened at $45.86 on Friday. The company has a 50 day simple moving average of $47.60 and a two-hundred day simple moving average of $43.40. Koppers Holdings Inc. has a fifty-two week low of $25.00 and a fifty-two week high of $53.00. The company has a market capitalization of $867.14 million, a price-to-earnings ratio of -9.72, a P/E/G ratio of 11.31 and a beta of 1.23. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.01 and a current ratio of 2.33.

Koppers (NYSE:KOP - Get Free Report) last issued 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. Koppers had a positive return on equity of 14.98% and a negative net margin of 4.59%.The firm had revenue of $520.10 million for the quarter, compared to analysts' expectations of $506.10 million. During the same period in the previous year, the firm posted $1.48 EPS. The business's revenue for the quarter was up 3.0% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. Analysts expect that Koppers Holdings Inc. will post 4.08 EPS for the current fiscal year.

Koppers Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Friday, August 28th were issued a dividend of $0.09 per share. The ex-dividend date was Friday, August 28th. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. Koppers's dividend payout ratio (DPR) is presently -7.63%.

Koppers Profile

Koppers Holdings Inc NYSE: KOP is a global provider of treated wood products, carbon compounds and related specialty chemicals. The company supplies materials and products used in railroad infrastructure, utility transmission and distribution, construction, and industrial applications.

Koppers' product portfolio includes railroad crossties, utility poles, pilings, treated lumber and wood preservatives. Its carbon materials and chemicals operations produce products such as carbon pitch, creosote, naphthalene and phthalic anhydride, which are used in aluminum production, infrastructure preservation, resins, coatings and other industrial processes.

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