RPM International Inc. (NYSE:RPM) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of RPM International Inc. (NYSE:RPM) have been given an average recommendation of “Moderate Buy” by the fifteen research firms that are currently covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $126.75.

A number of research analysts have recently commented on RPM shares. Evercore ISI cut their target price on RPM International from $145.00 to $125.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 11th. Royal Bank Of Canada upgraded RPM International from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $121.00 to $132.00 in a report on Tuesday, December 9th. Bank of America upgraded RPM International from a “neutral” rating to a “buy” rating and increased their target price for the stock from $126.00 to $129.00 in a research note on Tuesday, October 14th. Citigroup lowered their target price on shares of RPM International from $136.00 to $127.00 and set a “buy” rating for the company in a research note on Thursday, December 18th. Finally, KeyCorp restated a “sector weight” rating on shares of RPM International in a report on Friday, January 9th.

RPM International Trading Down 0.5%

Shares of RPM opened at $111.11 on Thursday. RPM International has a twelve month low of $95.28 and a twelve month high of $129.12. The company has a market cap of $14.23 billion, a P/E ratio of 21.41, a P/E/G ratio of 2.66 and a beta of 1.11. The company has a current ratio of 2.22, a quick ratio of 1.45 and a debt-to-equity ratio of 0.80. The company’s fifty day simple moving average is $106.14 and its 200-day simple moving average is $113.60.

RPM International (NYSE:RPM) last released its quarterly earnings results on Thursday, January 8th. The specialty chemicals company reported $1.20 EPS for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.21). RPM International had a return on equity of 22.49% and a net margin of 8.79%.The firm had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the prior year, the firm posted $1.39 earnings per share. RPM International’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, analysts expect that RPM International will post 5.5 EPS for the current year.

RPM International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be given a dividend of $0.54 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.9%. RPM International’s dividend payout ratio (DPR) is 41.62%.

Insider Buying and Selling at RPM International

In other RPM International news, Director Salvatore D. Fazzolari sold 375 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $107.67, for a total transaction of $40,376.25. Following the transaction, the director directly owned 21,578 shares in the company, valued at $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 available through the SEC website. Corporate insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On RPM International

A number of hedge funds and other institutional investors have recently made changes to their positions in RPM. Danske Bank A S purchased a new stake in RPM International in the third quarter worth about $17,362,000. Boston Trust Walden Corp raised its holdings in shares of RPM International by 18.1% in the 2nd quarter. Boston Trust Walden Corp now owns 601,564 shares of the specialty chemicals company’s stock valued at $66,076,000 after purchasing an additional 92,358 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of RPM International by 21.7% in the 2nd quarter. California State Teachers Retirement System now owns 355,934 shares of the specialty chemicals company’s stock worth $39,096,000 after purchasing an additional 63,532 shares during the period. ABN Amro Investment Solutions bought a new position in shares of RPM International during the second quarter valued at approximately $6,553,000. Finally, SG Americas Securities LLC increased its holdings in RPM International by 1,863.4% during the fourth quarter. SG Americas Securities LLC now owns 45,257 shares of the specialty chemicals company’s stock valued at $4,707,000 after buying an additional 42,952 shares during the period. Institutional investors own 80.95% of the company’s stock.

RPM International Company 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.