RPM International Inc. (NYSE:RPM) Chairman Frank C. Sullivan sold 35,000 shares of the company’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $52.38, for a total transaction of $1,833,300.00. Following the completion of the sale, the chairman now directly owns 1,188,489 shares of the company’s stock, valued at approximately $62,253,053.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of RPM International Inc. (NYSE RPM) traded down $0.14 during midday trading on Thursday, reaching $52.35. 626,956 shares of the company’s stock were exchanged, compared to its average volume of 1,323,288. RPM International Inc. has a 52 week low of $47.87 and a 52 week high of $56.69. The company has a quick ratio of 1.42, a current ratio of 2.23 and a debt-to-equity ratio of 1.17. The firm has a market cap of $6,980.00, a P/E ratio of 20.69, a price-to-earnings-growth ratio of 1.88 and a beta of 1.53.

RPM International (NYSE:RPM) last issued its quarterly earnings results on Thursday, January 4th. The specialty chemicals company reported $0.70 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.11. RPM International had a net margin of 6.80% and a return on equity of 25.05%. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.26 billion. During the same period in the prior year, the company earned $0.52 EPS. RPM International’s revenue was up 10.5% on a year-over-year basis. sell-side analysts anticipate that RPM International Inc. will post 3.02 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date is Tuesday, January 16th. RPM International’s payout ratio is 50.59%.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Advisory Services Network LLC lifted its holdings in RPM International by 2.7% in the 2nd quarter. Advisory Services Network LLC now owns 2,174 shares of the specialty chemicals company’s stock valued at $119,000 after acquiring an additional 57 shares during the last quarter. Albion Financial Group UT lifted its holdings in RPM International by 1.1% in the 2nd quarter. Albion Financial Group UT now owns 8,583 shares of the specialty chemicals company’s stock valued at $468,000 after acquiring an additional 95 shares during the last quarter. Fieldpoint Private Securities LLC lifted its holdings in RPM International by 1.5% in the 2nd quarter. Fieldpoint Private Securities LLC now owns 13,805 shares of the specialty chemicals company’s stock valued at $753,000 after acquiring an additional 200 shares during the last quarter. Oakbrook Investments LLC lifted its holdings in RPM International by 14.5% in the 3rd quarter. Oakbrook Investments LLC now owns 12,650 shares of the specialty chemicals company’s stock valued at $649,000 after acquiring an additional 1,600 shares during the last quarter. Finally, Aperio Group LLC lifted its holdings in RPM International by 6.5% in the 3rd quarter. Aperio Group LLC now owns 27,742 shares of the specialty chemicals company’s stock valued at $1,424,000 after acquiring an additional 1,696 shares during the last quarter. 75.25% of the stock is owned by institutional investors.

Several equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of RPM International from a “sell” rating to a “hold” rating in a report on Tuesday, October 10th. TheStreet raised shares of RPM International from a “c+” rating to a “b-” rating in a report on Tuesday, December 5th. Finally, Royal Bank of Canada reaffirmed a “hold” rating and issued a $51.00 price objective on shares of RPM International in a report on Wednesday, November 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $57.86.

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About RPM International

RPM International Inc, through its subsidiaries, manufactures, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives, focusing on the maintenance of industrial, specialty and consumer markets. The Company operates through three segments: the industrial reportable segment (industrial segment), the specialty reportable segment (specialty segment) and the consumer reportable segment (consumer segment).

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