Morgan Stanley Cuts RPM International (NYSE:RPM) Price Target to $117.00

RPM International (NYSE:RPM) had its price objective cut by Morgan Stanley from $121.00 to $117.00 in a report released on Thursday morning,Benzinga reports. They currently have an equal weight rating on the specialty chemicals company’s stock.

Several other analysts have also recently weighed in on the company. UBS Group raised RPM International from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $118.00 to $130.00 in a research report on Wednesday, May 27th. BMO Capital Markets increased their target price on RPM International from $143.00 to $151.00 and gave the stock an “outperform” rating in a research report on Thursday. Citigroup raised their target price on RPM International from $125.00 to $128.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Weiss Ratings cut RPM International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 29th. Finally, Bank of America decreased their price objective on RPM International from $128.00 to $125.00 and set a “buy” rating for the company in a report on Thursday, April 9th. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $126.00.

RPM International Trading Up 2.3%

NYSE:RPM opened at $107.16 on Thursday. The company has a 50-day moving average price of $105.71 and a 200-day moving average price of $106.29. RPM International has a 12 month low of $92.92 and a 12 month high of $129.12. The company has a current ratio of 1.68, a quick ratio of 1.44 and a debt-to-equity ratio of 0.64. The stock has a market cap of $13.69 billion, a price-to-earnings ratio of 20.77, a P/E/G ratio of 2.43 and a beta of 1.04.

RPM International (NYSE:RPM) last announced its quarterly earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.06. RPM International had a net margin of 8.41% and a return on equity of 22.45%. The company had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.18 billion. During the same quarter in the previous year, the company earned $1.72 earnings per share. RPM International’s quarterly revenue was up 7.2% on a year-over-year basis. Equities analysts predict that RPM International will post 6.02 EPS for the current year.

RPM International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 14th will be paid a dividend of $0.54 per share. The ex-dividend date of this dividend is Tuesday, July 14th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.0%. RPM International’s dividend payout ratio (DPR) is currently 41.86%.

Institutional Trading of RPM International

Hedge funds have recently made changes to their positions in the stock. Ares Financial Consulting LLC purchased a new stake in shares of RPM International in the 4th quarter worth approximately $37,000. Los Angeles Capital Management LLC purchased a new position in RPM International during the fourth quarter valued at $60,000. Rothschild Investment LLC raised its stake in RPM International by 2,387.0% during the fourth 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 last quarter. Resources Management Corp CT ADV boosted its holdings in RPM International by 21,566.7% in the fourth quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company’s stock worth $68,000 after acquiring an additional 647 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC bought a new stake in RPM International in the fourth quarter worth $69,000. 80.95% of the stock is owned by institutional investors.

RPM International News Roundup

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.