Boston Trust Walden Corp Has $76.94 Million Holdings in RPM International Inc. $RPM

Boston Trust Walden Corp boosted its position in shares of RPM International Inc. (NYSE:RPM) by 8.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 652,716 shares of the specialty chemicals company’s stock after purchasing an additional 51,152 shares during the period. Boston Trust Walden Corp’s holdings in RPM International were worth $76,942,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of RPM. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of RPM International by 277.8% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 340 shares of the specialty chemicals company’s stock worth $37,000 after buying an additional 250 shares in the last quarter. Curio Wealth LLC grew its stake in shares of RPM International by 65,900.0% during the 2nd quarter. Curio Wealth LLC now owns 660 shares of the specialty chemicals company’s stock worth $72,000 after acquiring an additional 659 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of RPM International by 28.7% in the second quarter. Parallel Advisors LLC now owns 1,072 shares of the specialty chemicals company’s stock valued at $118,000 after purchasing an additional 239 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in RPM International by 65.5% during the second quarter. Farther Finance Advisors LLC now owns 1,263 shares of the specialty chemicals company’s stock worth $139,000 after purchasing an additional 500 shares during the last quarter. Finally, Lazard Asset Management LLC grew its position in RPM International by 5.8% in the second quarter. Lazard Asset Management LLC now owns 1,685 shares of the specialty chemicals company’s stock valued at $184,000 after purchasing an additional 93 shares in the last quarter. 80.95% of the stock is currently owned by institutional investors.

Insider Activity at RPM International

In other news, Director Salvatore D. Fazzolari sold 375 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $107.67, for a total value of $40,376.25. Following the sale, the director directly owned 21,578 shares in the company, valued at approximately $2,323,303.26. This trade represents a 1.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.60% of the company’s stock.

RPM International Price Performance

RPM International stock opened at $106.19 on Monday. The company has a market capitalization of $13.62 billion, a price-to-earnings ratio of 19.85, a PEG ratio of 1.96 and a beta of 1.11. The company has a current ratio of 2.26, a quick ratio of 1.51 and a debt-to-equity ratio of 0.87. RPM International Inc. has a 12 month low of $95.28 and a 12 month high of $129.12. The stock’s 50 day moving average is $106.99 and its 200-day moving average is $113.82.

RPM International (NYSE:RPM) last issued its earnings results on Wednesday, October 1st. The specialty chemicals company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.87 by $0.01. The company had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.05 billion. RPM International had a net margin of 9.16% and a return on equity of 24.22%. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.84 EPS. Equities research analysts expect that RPM International Inc. will post 5.5 EPS for the current year.

RPM International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Monday, October 20th were paid a dividend of $0.54 per share. The ex-dividend date of this dividend was Monday, October 20th. This is a positive change from RPM International’s previous quarterly dividend of $0.51. This represents a $2.16 annualized dividend and a yield of 2.0%. RPM International’s payout ratio is presently 40.37%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on RPM shares. UBS Group decreased their price objective on RPM International from $127.00 to $119.00 and set a “neutral” rating for the company in a report on Thursday, December 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of RPM International in a research report on Monday, December 22nd. Bank of America raised RPM International from a “neutral” rating to a “buy” rating and increased their price objective for the company from $126.00 to $129.00 in a report on Tuesday, October 14th. Royal Bank Of Canada upgraded shares of RPM International from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $121.00 to $132.00 in a report on Tuesday, December 9th. Finally, Mizuho dropped their price target on shares of RPM International from $138.00 to $128.00 and set an “outperform” rating on the stock in a research report on Thursday, December 18th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $128.64.

RPM International Profile

RPM International Inc is a global holding company whose subsidiaries specialize in the manufacture and marketing of high-performance coatings, sealants, building materials, and specialty chemicals. Through its two principal operating segments—Performance Coatings and Industrial Coatings—RPM serves a diverse range of end markets, including construction, consumer products, industrial maintenance, and specialty applications.

The company’s Performance Coatings segment offers a broad portfolio of architectural coatings, waterproofing systems, and specialty building products used by contractors, builders, and homeowners.