111 Capital Buys New Stake in RPM International Inc. $RPM

111 Capital purchased a new stake in RPM International Inc. (NYSE:RPM) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 4,996 shares of the specialty chemicals company’s stock, valued at approximately $520,000.

Several other institutional investors also recently bought and sold shares of the business. One Capital Management LLC raised its holdings in RPM International by 6.5% in the 4th quarter. One Capital Management LLC now owns 127,419 shares of the specialty chemicals company’s stock valued at $13,252,000 after acquiring an additional 7,753 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of RPM International by 88.9% during the 4th quarter. BNP Paribas Financial Markets now owns 87,062 shares of the specialty chemicals company’s stock worth $9,054,000 after buying an additional 40,982 shares during the last quarter. Inspire Trust Co. N.A. increased its holdings in shares of RPM International by 42.9% during the 4th quarter. Inspire Trust Co. N.A. now owns 30,000 shares of the specialty chemicals company’s stock worth $3,120,000 after buying an additional 9,000 shares during the last quarter. Rothschild Investment LLC increased its holdings in RPM International by 2,387.0% in the 4th quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock valued at $59,000 after purchasing an additional 549 shares in the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. acquired a new stake in RPM International in the 4th quarter valued at $528,000. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Royal Bank Of Canada increased their price target on RPM International from $126.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, April 13th. Wall Street Zen upgraded RPM International from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Citigroup increased their price target on RPM International from $125.00 to $128.00 and gave the company a “buy” rating in a report on Friday, May 29th. Zacks Research raised shares of RPM International from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 9th. Finally, Weiss Ratings cut shares of RPM International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, April 29th. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $127.42.

RPM International Stock Performance

Shares of RPM stock opened at $105.00 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.44 and a current ratio of 2.28. RPM International Inc. has a one year low of $92.92 and a one year high of $129.12. The company’s 50-day simple moving average is $102.54 and its 200-day simple moving average is $105.85. The stock has a market capitalization of $13.40 billion, a price-to-earnings ratio of 20.23, a PEG ratio of 2.45 and a beta of 1.04.

RPM International (NYSE:RPM) last issued its quarterly earnings results on Wednesday, April 8th. The specialty chemicals company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.37 by $0.20. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.55 billion. RPM International had a net margin of 8.63% and a return on equity of 22.55%. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.35 earnings per share. Equities analysts anticipate that RPM International Inc. will post 5.46 earnings per share for the current fiscal year.

RPM International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were paid a dividend of $0.54 per share. The ex-dividend date was Thursday, April 16th. This represents a $2.16 annualized dividend and a yield of 2.1%. RPM International’s dividend payout ratio is 41.62%.

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.