Wall Street Zen upgraded shares of RPM International (NYSE:RPM – Free Report) from a hold rating to a buy rating in a research report sent to investors on Saturday.
Other research analysts have also recently issued reports about the company. UBS Group upgraded RPM International from a “neutral” rating to a “buy” rating and upped their price target for the stock from $118.00 to $130.00 in a research note on Wednesday, May 27th. Weiss Ratings cut RPM International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 29th. Zacks Research upgraded RPM International from a “strong sell” rating to a “hold” rating in a report on Thursday, April 9th. 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 note on Thursday. Finally, Bank of America raised their target price on RPM International from $129.00 to $130.00 and gave the company a “buy” rating in a report on Thursday. Ten research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, RPM International has a consensus rating of “Moderate Buy” and an average target price of $126.00.
View Our Latest Stock Analysis on RPM International
RPM International Price Performance
RPM International (NYSE:RPM – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The specialty chemicals company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.83 by $0.06. The firm had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.18 billion. RPM International had a net margin of 8.41% and a return on equity of 22.45%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.72 EPS. As a group, analysts forecast that RPM International will post 6.02 EPS for the current year.
RPM International Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 14th will be paid a $0.54 dividend. The ex-dividend date is Tuesday, July 14th. This represents a $2.16 annualized dividend and a dividend yield of 2.0%. RPM International’s payout ratio is 41.86%.
Institutional Trading of RPM International
Several hedge funds have recently modified their holdings of RPM. Horizon Investments LLC acquired a new position in RPM International during the 4th quarter worth $1,373,000. PFA Pension Forsikringsaktieselskab purchased a new stake in RPM International during the 4th quarter worth about $54,307,000. SG Americas Securities LLC raised its position in RPM International by 1,863.4% in the 4th quarter. SG Americas Securities LLC now owns 45,257 shares of the specialty chemicals company’s stock valued at $4,707,000 after purchasing an additional 42,952 shares in the last quarter. Danske Bank A S raised its position in RPM International by 13.7% in the 4th quarter. Danske Bank A S now owns 167,459 shares of the specialty chemicals company’s stock valued at $17,416,000 after purchasing an additional 20,176 shares in the last quarter. Finally, Inspire Trust Co. N.A. boosted its stake in shares of RPM International by 42.9% in the 4th quarter. Inspire Trust Co. N.A. now owns 30,000 shares of the specialty chemicals company’s stock valued at $3,120,000 after buying an additional 9,000 shares during the period. 80.95% of the stock is currently owned by institutional investors and hedge funds.
More RPM International News
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.
Recommended Stories
- Five stocks we like better than RPM International
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for RPM International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RPM International and related companies with MarketBeat.com's FREE daily email newsletter.
