RPM International Inc. (NYSE:RPM) Receives Average Recommendation of “Hold” from Analysts

RPM International Inc. (NYSE:RPM) has received an average rating of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $115.11.

Several analysts recently weighed in on the stock. BMO Capital Markets dropped their target price on shares of RPM International from $127.00 to $123.00 and set an “outperform” rating for the company in a report on Friday, April 5th. Mizuho lifted their target price on shares of RPM International from $128.00 to $136.00 and gave the company a “buy” rating in a report on Friday, April 5th. Robert W. Baird lifted their target price on shares of RPM International from $105.00 to $120.00 and gave the company a “neutral” rating in a report on Friday, April 5th. Finally, UBS Group lifted their target price on shares of RPM International from $121.00 to $122.00 and gave the company a “neutral” rating in a report on Friday, April 5th.

Insider Transactions at RPM International

In other news, VP Matthew T. Ratajczak sold 6,000 shares of RPM International stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $109.63, for a total transaction of $657,780.00. Following the completion of the sale, the vice president now directly owns 23,451 shares of the company’s stock, valued at approximately $2,570,933.13. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director Frederick R. Nance sold 1,835 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $109.05, for a total value of $200,106.75. Following the completion of the sale, the director now directly owns 8,180 shares of the company’s stock, valued at $892,029. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Matthew T. Ratajczak sold 6,000 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $109.63, for a total transaction of $657,780.00. Following the completion of the sale, the vice president now directly owns 23,451 shares of the company’s stock, valued at $2,570,933.13. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On RPM International

Institutional investors and hedge funds have recently bought and sold shares of the stock. Public Employees Retirement Association of Colorado boosted its stake in shares of RPM International by 337.8% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 220,806 shares of the specialty chemicals company’s stock worth $24,649,000 after buying an additional 170,369 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of RPM International by 352.0% during the fourth quarter. Russell Investments Group Ltd. now owns 136,020 shares of the specialty chemicals company’s stock worth $15,214,000 after buying an additional 105,925 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of RPM International by 534.7% during the fourth quarter. BNP Paribas Financial Markets now owns 61,936 shares of the specialty chemicals company’s stock worth $6,914,000 after buying an additional 52,177 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in shares of RPM International during the third quarter worth about $3,487,000. Finally, Tudor Investment Corp Et Al acquired a new stake in shares of RPM International during the third quarter worth about $2,277,000. 80.95% of the stock is owned by hedge funds and other institutional investors.

RPM International Stock Up 1.1 %

RPM stock opened at $108.59 on Tuesday. The firm has a market cap of $13.98 billion, a PE ratio of 25.02, a PEG ratio of 1.69 and a beta of 1.04. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.39 and a current ratio of 2.29. The firm’s 50 day moving average price is $113.66 and its 200-day moving average price is $107.40. RPM International has a one year low of $78.52 and a one year high of $120.74.

RPM International (NYSE:RPM) last released its quarterly earnings results on Thursday, April 4th. The specialty chemicals company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.48 by $0.04. RPM International had a net margin of 7.61% and a return on equity of 26.72%. The firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the company earned $0.37 EPS. The business’s revenue for the quarter was up .4% compared to the same quarter last year. On average, equities research analysts anticipate that RPM International will post 4.94 EPS for the current year.

RPM International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, April 19th will be given a dividend of $0.46 per share. The ex-dividend date is Thursday, April 18th. This represents a $1.84 annualized dividend and a dividend yield of 1.69%. RPM International’s dividend payout ratio (DPR) is currently 42.40%.

About RPM International

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; fire stopping and intumescent steel coating, and manufacturing industry solutions; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems.