Stepan Company (NYSE:SCL) VP Debra Stefaniak sold 818 shares of the business’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $82.66, for a total transaction of $67,615.88. Following the completion of the sale, the vice president now directly owns 6,616 shares of the company’s stock, valued at $546,878.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Stepan Company (NYSE:SCL) traded up $1.77 during trading on Wednesday, reaching $82.71. 94,500 shares of the company’s stock traded hands, compared to its average volume of 73,690. The company has a market capitalization of $1,822.98, a P/E ratio of 19.65 and a beta of 1.28. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.64 and a quick ratio of 2.08. Stepan Company has a 1-year low of $68.51 and a 1-year high of $92.97.

Stepan (NYSE:SCL) last issued its quarterly earnings data on Wednesday, October 25th. The basic materials company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.17). The firm had revenue of $487.81 million for the quarter, compared to the consensus estimate of $469.75 million. Stepan had a net margin of 4.81% and a return on equity of 13.98%. The business’s revenue was up 9.6% on a year-over-year basis. During the same period last year, the company posted $1.06 earnings per share. analysts predict that Stepan Company will post 4.3 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 1.09%. This is an increase from Stepan’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Wednesday, November 29th. Stepan’s dividend payout ratio is 21.24%.

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Several research firms have weighed in on SCL. Wellington Shields downgraded shares of Stepan from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. National Bank Financial raised shares of Stepan from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from $27.00 to $35.00 in a research note on Wednesday, October 11th. Zacks Investment Research downgraded shares of Stepan from a “hold” rating to a “sell” rating in a research note on Friday, October 20th. TD Securities reissued a “buy” rating and issued a $33.00 price target on shares of Stepan in a research note on Sunday, September 24th. Finally, BidaskClub downgraded shares of Stepan from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $35.60.

Several large investors have recently modified their holdings of the company. BlackRock Inc. raised its stake in shares of Stepan by 2.8% during the second quarter. BlackRock Inc. now owns 2,597,255 shares of the basic materials company’s stock valued at $226,324,000 after acquiring an additional 71,360 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Stepan by 0.6% during the second quarter. Vanguard Group Inc. now owns 2,151,859 shares of the basic materials company’s stock valued at $187,513,000 after acquiring an additional 12,781 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Stepan by 2.7% during the third quarter. Dimensional Fund Advisors LP now owns 1,039,062 shares of the basic materials company’s stock valued at $86,928,000 after acquiring an additional 27,413 shares during the last quarter. State Street Corp raised its stake in shares of Stepan by 2.4% during the second quarter. State Street Corp now owns 498,724 shares of the basic materials company’s stock valued at $43,455,000 after acquiring an additional 11,518 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Stepan by 1.9% during the third quarter. Bank of New York Mellon Corp now owns 405,133 shares of the basic materials company’s stock valued at $33,892,000 after acquiring an additional 7,741 shares during the last quarter. 61.65% of the stock is owned by hedge funds and other institutional investors.

Stepan Company Profile

Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a range of end products. The Company operates through three segments: Surfactants, Polymers and Specialty Products. The Company’s principal markets include manufacturers of cleaning and washing compounds (including detergents, shampoos, fabric softeners, toothpastes and household cleaners), paints, cosmetics, food, beverages, nutritional supplements, agricultural products and plastics.

Insider Buying and Selling by Quarter for Stepan (NYSE:SCL)

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