CWA Asset Management Group LLC Takes Position in Koppers Holdings Inc. $KOP

CWA Asset Management Group LLC bought a new position in shares of Koppers Holdings Inc. (NYSE:KOP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,861 shares of the specialty chemicals company’s stock, valued at approximately $538,000. CWA Asset Management Group LLC owned 0.10% of Koppers as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC boosted its position in shares of Koppers by 3.2% during the 1st quarter. AQR Capital Management LLC now owns 71,897 shares of the specialty chemicals company’s stock valued at $2,013,000 after purchasing an additional 2,212 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 purchasing an additional 361 shares in the last quarter. Goldman Sachs Group Inc. raised 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 purchasing an additional 1,845 shares in the last quarter. Empowered Funds LLC lifted its stake in Koppers by 3.0% during the first quarter. Empowered Funds LLC now owns 111,031 shares of the specialty chemicals company’s stock valued at $3,109,000 after purchasing an additional 3,212 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in Koppers by 374.3% during the first quarter. Jane Street Group LLC now owns 52,076 shares of the specialty chemicals company’s stock valued at $1,458,000 after purchasing an additional 41,097 shares during the last quarter. 92.75% of the stock is currently owned by institutional investors.

Koppers Stock Performance

Koppers stock opened at $36.12 on Tuesday. The firm’s 50 day simple moving average is $33.63 and its 200-day simple moving average is $30.03. The company has a market cap of $709.48 million, a P/E ratio of 13.04, a price-to-earnings-growth ratio of 0.91 and a beta of 1.35. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.94 and a quick ratio of 1.13. Koppers Holdings Inc. has a fifty-two week low of $22.99 and a fifty-two week high of $39.50.

Koppers (NYSE:KOP) last issued its quarterly earnings results on Thursday, February 26th. The specialty chemicals company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.59 by $0.11. Koppers had a net margin of 2.98% and a return on equity of 15.47%. The business had revenue of $432.70 million during the quarter, compared to the consensus estimate of $445.00 million. During the same quarter in the prior year, the firm earned $0.77 EPS. The firm’s quarterly revenue was down 9.3% on a year-over-year basis. Koppers has set its FY 2026 guidance at 4.200-5.000 EPS. As a group, equities research analysts predict that Koppers Holdings Inc. will post 4.24 EPS for the current year.

Koppers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Friday, March 6th were issued a $0.09 dividend. The ex-dividend date was Friday, March 6th. This is an increase from Koppers’s previous quarterly dividend of $0.08. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.0%. Koppers’s dividend payout ratio is currently 13.00%.

Insider Activity

In related news, CEO M Leroy Ball sold 2,489 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $37.91, for a total transaction of $94,357.99. Following the transaction, the chief executive officer directly owned 447,459 shares of the company’s stock, valued at approximately $16,963,170.69. The trade was a 0.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on KOP shares. Weiss Ratings upgraded shares of Koppers from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, January 29th. Zacks Research upgraded Koppers from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Barrington Research reissued an “outperform” rating and set a $55.00 price objective on shares of Koppers in a research note on Friday, February 27th. Finally, Wall Street Zen upgraded Koppers from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $52.50.

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.