RPM International Inc. $RPM Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in shares of RPM International Inc. (NYSE:RPM) by 80.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 81,471 shares of the specialty chemicals company’s stock after acquiring an additional 36,214 shares during the quarter. SG Americas Securities LLC owned about 0.06% of RPM International worth $8,098,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of RPM. Ares Financial Consulting LLC purchased a new position in RPM International during the fourth quarter worth about $37,000. Rothschild Investment LLC grew its stake in shares of 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 buying an additional 549 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of RPM International during the 4th quarter worth approximately $60,000. Resources Management Corp CT ADV increased its holdings in shares of RPM International by 21,566.7% during the 4th quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company’s stock worth $68,000 after buying an additional 647 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC purchased a new stake in shares of RPM International during the 4th quarter valued at approximately $69,000. Hedge funds and other institutional investors own 80.95% of the company’s stock.

RPM International Stock Up 0.6%

RPM International stock opened at $112.37 on Friday. The stock has a market cap of $14.34 billion, a PE ratio of 21.65, a P/E/G ratio of 2.63 and a beta of 1.04. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.28 and a quick ratio of 1.44. The stock’s fifty day moving average is $104.23 and its two-hundred day moving average is $106.15. RPM International Inc. has a 1-year low of $92.92 and a 1-year high of $129.12.

RPM International (NYSE:RPM) last released its quarterly earnings data on Wednesday, April 8th. The specialty chemicals company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.20. The business had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.55 billion. RPM International had a return on equity of 22.55% and a net margin of 8.63%.The business’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.35 EPS. On average, sell-side analysts expect that RPM International Inc. will post 5.46 EPS for the current fiscal year.

RPM International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were issued a $0.54 dividend. The ex-dividend date was Thursday, April 16th. This represents a $2.16 annualized dividend and a dividend yield of 1.9%. RPM International’s dividend payout ratio is presently 41.62%.

Analyst Upgrades and Downgrades

RPM has been the subject of a number of research analyst reports. Wall Street Zen raised shares of RPM International from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Zacks Research upgraded RPM International from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 9th. Royal Bank Of Canada raised their price target on RPM International from $126.00 to $130.00 and gave the stock an “outperform” rating in a research report on Monday, April 13th. Robert W. Baird raised RPM International from a “neutral” rating to an “outperform” rating and set a $125.00 price objective for the company in a research note on Wednesday, March 4th. Finally, Weiss Ratings downgraded RPM International from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, April 29th. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, RPM International has an average rating of “Moderate Buy” and a consensus price target of $127.42.

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.