Stepan signs USD 500 million credit deal: Seaport sets USD 85 target for Stepan stock

Published on 10/01/2026 at 18:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 15.00 percent to USD 684.11 million. Stepan stock costs EUR 54.25 on October 1, 2026 versus EUR 54.75, down 0.91 percent.

SCL, US8585861003, Illustration mit AI erstellt.

Stepan stock (ISIN US8585861003) was trading at EUR 54.25 at Lang & Schwarz on October 1, 2026 at 6:04 p.m. CEST, down 0.91 percent versus the prior close of EUR 54.75. On September 25, 2026, Stepan Company entered a USD 500.0 million credit agreement, while MarketBeat reported that Seaport Research Partners set an USD 85.00 target on August 7, 2026.

Credit capacity reaches USD 500 million

The filing says the new agreement provides a USD 350.0 million multicurrency revolving facility and a USD 150.0 million delayed draw term loan. Both facilities mature on September 25, 2031, replacing a USD 350.0 million revolving facility and a USD 100.0 million delayed draw term loan.

The agreement also includes an option for up to an additional USD 250.0 million, subject to stated requirements. Stepan can use the facilities for working capital, permitted acquisitions, capital expenditures and general corporate purposes, according to the filing published by StockTitan.

Revenue and earnings provide the counterweight

Stepan reported USD 684.11 million in revenue for the second quarter of 2026, up 15.00 percent from the same quarter a year earlier. The company also reported USD 1.18 in diluted earnings per share, compared with the USD 0.61 consensus cited by MarketBeat. Revenue exceeded the USD 635.85 million estimate by USD 48.26 million, adding an operating comparison to the financing announcement.

Using the NYSE price of USD 61.05 at 12:08 p.m. ET on October 1, 2026, the USD 85.00 Seaport target lies 39.23 percent above the primary-exchange price. The contrast is material: the latest reported quarter showed stronger revenue and earnings than consensus, while the new facilities expand available borrowing capacity.

Stock trades after the Xetra close

At Lang & Schwarz, Stepan was trading at EUR 54.25 on October 1, 2026 at 6:04 p.m. CEST, down 0.91 percent versus the EUR 54.75 prior close from September 30, 2026. The primary listing is the New York Stock Exchange, where the stock was last at USD 61.05 on October 1, 2026 at 12:08 p.m. ET.