Bank of America Forecasts Strong Price Appreciation for RPM International (NYSE:RPM) Stock

RPM International (NYSE:RPM) had its price target upped by stock analysts at Bank of America from $129.00 to $130.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the specialty chemicals company’s stock. Bank of America‘s price target points to a potential upside of 21.32% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. Royal Bank Of Canada lifted their price target on shares of RPM International from $126.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday. BMO Capital Markets raised their target price on shares of RPM International from $143.00 to $151.00 and gave the company an “outperform” rating in a research note on Thursday. UBS Group upgraded shares of RPM International from a “neutral” rating to a “buy” rating and lifted their target price for the company from $118.00 to $130.00 in a report on Wednesday, May 27th. Morgan Stanley decreased their price target on shares of RPM International from $121.00 to $117.00 and set an “equal weight” rating for the company in a research report on Thursday. Finally, Zacks Research upgraded RPM International from a “strong sell” rating to a “hold” rating in a report on Thursday, April 9th. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $126.00.

RPM International Stock Performance

Shares of NYSE:RPM opened at $107.16 on Thursday. The business has a 50-day moving average of $105.71 and a two-hundred day moving average of $106.29. The firm has a market capitalization of $13.69 billion, a PE ratio of 20.77, a P/E/G ratio of 2.38 and a beta of 1.04. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.68 and a quick ratio of 1.44. RPM International has a 12 month low of $92.92 and a 12 month high of $129.12.

RPM International (NYSE:RPM) last released its quarterly earnings data on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.06. RPM International had a return on equity of 22.45% and a net margin of 8.41%.The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period in the previous year, the company posted $1.72 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. As a group, research analysts forecast that RPM International will post 5.95 earnings per share for the current year.

Institutional Investors Weigh In On RPM International

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of RPM International in the 4th quarter worth approximately $54,307,000. California State Teachers Retirement System raised its position in shares of RPM International by 14.5% during the fourth quarter. California State Teachers Retirement System now owns 394,860 shares of the specialty chemicals company’s stock worth $41,065,000 after purchasing an additional 49,979 shares during the period. Ameriprise Financial Inc. raised its holdings in RPM International by 0.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 339,258 shares of the specialty chemicals company’s stock worth $37,260,000 after buying an additional 888 shares during the period. Danske Bank A S lifted its stake in RPM International by 13.7% during the fourth quarter. Danske Bank A S now owns 167,459 shares of the specialty chemicals company’s stock valued at $17,416,000 after buying an additional 20,176 shares in the last quarter. Finally, Life Cycle Investment Partners Ltd acquired a new position in shares of RPM International in the fourth quarter worth about $16,175,000. 80.95% of the stock is currently owned by institutional investors.

Key Headlines Impacting RPM International

Here are the key news stories impacting RPM International this week:

• Positive Sentiment: RPM delivered record quarterly results, with revenue and earnings topping expectations, which is the main driver behind the stock’s rise. RPM International Shares Climb on Higher 4Q Sales, Upbeat Outlook
• Positive Sentiment: The company expanded its buyback program, with commentary around a $700 million repurchase plan supporting the view that management sees shares as undervalued. Is RPM International (RPM) Undervalued As Record Earnings And A $700 Million Buyback Land?
• Positive Sentiment: Bank of America raised its price target to $130 and kept a buy rating, while BMO Capital Markets lifted its target to $151 and RBC increased its target to $128, signaling continued optimism after the earnings beat.
• Neutral Sentiment: Morgan Stanley lowered its target to $117 but still kept an equal-weight rating, suggesting a more cautious view rather than a bearish one.
• Neutral Sentiment: Recent commentary from Zacks highlighted that infrastructure demand, margin gains, and acquisitions could support fiscal 2027, but inflation and weak DIY demand may limit near-term upside.
• Neutral Sentiment: An insider filing showed a non-discretionary sale tied to tax withholding, which appears routine and not necessarily a negative signal for the business.

About RPM International

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.