RPM International Inc. (NYSE:RPM) Given Average Rating of “Hold” by Analysts

RPM International Inc. (NYSE:RPM) has been given a consensus rating of “Hold” by the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $115.11.

Several equities research analysts recently weighed in on the stock. UBS Group upped their price objective on shares of RPM International from $121.00 to $122.00 and gave the stock a “neutral” rating in a report on Friday, April 5th. Mizuho increased their price objective on shares of RPM International from $128.00 to $136.00 and gave the company a “buy” rating in a report on Friday, April 5th. Robert W. Baird boosted their target price on RPM International from $105.00 to $120.00 and gave the stock a “neutral” rating in a report on Friday, April 5th. Finally, BMO Capital Markets cut their target price on RPM International from $127.00 to $123.00 and set an “outperform” rating for the company in a research report on Friday, April 5th.

RPM International Trading Up 0.8 %

Shares of NYSE RPM opened at $109.22 on Tuesday. RPM International has a 12-month low of $78.52 and a 12-month high of $120.74. The company has a market cap of $14.06 billion, a price-to-earnings ratio of 25.17, a price-to-earnings-growth ratio of 1.70 and a beta of 1.06. The company has a current ratio of 2.29, a quick ratio of 1.39 and a debt-to-equity ratio of 0.93. The stock’s 50 day simple moving average is $113.41 and its 200 day simple moving average is $107.63.

RPM International (NYSE:RPM) last posted its earnings results on Thursday, April 4th. The specialty chemicals company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.48 by $0.04. RPM International had a net margin of 7.61% and a return on equity of 26.72%. The firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the prior year, the firm earned $0.37 EPS. RPM International’s quarterly revenue was up .4% on a year-over-year basis. Equities research analysts expect that RPM International will post 4.94 EPS for the current year.

RPM International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Friday, April 19th were issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date was Thursday, April 18th. RPM International’s payout ratio is 42.40%.

Insider Transactions at RPM International

In related news, VP Matthew T. Ratajczak sold 6,000 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $109.63, for a total value of $657,780.00. Following the completion of the transaction, the vice president now owns 23,451 shares in the company, valued at approximately $2,570,933.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other RPM International news, VP Matthew T. Ratajczak sold 6,000 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $109.63, for a total transaction of $657,780.00. Following the sale, the vice president now directly owns 23,451 shares of the company’s stock, valued at approximately $2,570,933.13. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Frederick R. Nance sold 1,835 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $109.05, for a total value of $200,106.75. Following the completion of the sale, the director now directly owns 8,180 shares of the company’s stock, valued at approximately $892,029. The disclosure for this sale can be found here. 1.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Jackson Creek Investment Advisors LLC purchased a new position in shares of RPM International during the 4th quarter valued at $357,000. Boston Trust Walden Corp grew its stake in RPM International by 2.9% in the fourth quarter. Boston Trust Walden Corp now owns 488,696 shares of the specialty chemicals company’s stock valued at $54,553,000 after purchasing an additional 13,860 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of RPM International by 404.3% during the 3rd quarter. Quantbot Technologies LP now owns 19,255 shares of the specialty chemicals company’s stock worth $1,826,000 after purchasing an additional 15,437 shares in the last quarter. Tudor Investment Corp Et Al purchased a new stake in shares of RPM International during the 3rd quarter worth about $2,277,000. Finally, Strs Ohio acquired a new stake in shares of RPM International during the 4th quarter valued at about $1,684,000. Institutional investors and hedge funds own 80.95% of the company’s stock.

About RPM International

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; fire stopping and intumescent steel coating, and manufacturing industry solutions; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems.