RPM International (NYSE:RPM) Upgraded by KeyCorp to “Strong-Buy” Rating

KeyCorp upgraded shares of RPM International (NYSE:RPM) to a strong-buy rating in a research note released on Thursday morning,Zacks reports. KeyCorp also issued estimates for RPM International’s Q1 2027 earnings at $1.91 EPS, Q2 2027 earnings at $1.34 EPS, Q3 2027 earnings at $0.62 EPS, Q4 2027 earnings at $2.04 EPS, FY2027 earnings at $5.90 EPS, FY2028 earnings at $6.55 EPS and FY2029 earnings at $7.15 EPS.

Other research analysts have also recently issued research reports about the stock. Bank of America lifted their price objective on RPM International from $129.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of RPM International in a research note on Friday, July 24th. UBS Group raised RPM International from a “neutral” rating to a “buy” rating and increased their target price for the stock from $118.00 to $130.00 in a report on Wednesday, May 27th. BMO Capital Markets raised 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, July 23rd. Finally, Royal Bank Of Canada boosted their price target on RPM International from $126.00 to $128.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $126.00.

RPM International Price Performance

NYSE:RPM opened at $99.46 on Thursday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.16 and a current ratio of 1.68. The company has a 50-day moving average of $107.80 and a 200-day moving average of $105.49. RPM International has a 52 week low of $92.92 and a 52 week high of $128.51. The company has a market capitalization of $12.69 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 2.03 and a beta of 1.05.

RPM International (NYSE:RPM) last posted its earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.06. RPM International had a net margin of 8.41% and a return on equity of 22.45%. The business 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 firm posted $1.72 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, equities research analysts anticipate that RPM International will post 6 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 14th were issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, July 14th. RPM International’s payout ratio is currently 41.86%.

Institutional Investors Weigh In On RPM International

Hedge funds have recently added to or reduced their stakes in the stock. Operose Advisors LLC bought a new position in shares of RPM International in the second quarter worth about $26,000. Danske Bank A S bought a new stake in shares of RPM International during the second quarter valued at approximately $47,000. Rothschild Investment LLC grew its stake in shares of 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 purchasing an additional 549 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of RPM International in the fourth quarter valued at approximately $60,000. Finally, Castleark Management LLC acquired a new stake in shares of RPM International in the second quarter valued at approximately $64,000. Institutional investors own 80.95% of the company’s stock.

RPM International News Roundup

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

• Positive Sentiment: KeyCorp upgraded RPM to “Strong Buy.” The improved rating signals that analyst S. Tiano sees attractive upside in the specialty chemicals company following its recent pullback. The upgrade is the most direct reason investors may be bidding shares higher today.
• Positive Sentiment: Long-term earnings are projected to grow. KeyCorp forecasts EPS of $5.90 for fiscal 2027, rising to $6.55 in fiscal 2028 and $7.15 in fiscal 2029. That implies improving profitability over the next several years and supports the bullish recommendation.
• Positive Sentiment: Quarterly forecasts point to a stronger second half of fiscal 2027. KeyCorp estimates EPS of $1.91 in the first quarter, $1.34 in the second, $0.62 in the third and $2.04 in the fourth quarter, with the highest contribution expected in the final quarter.
• Neutral Sentiment: Fiscal 2027 estimates are slightly below the current consensus. KeyCorp’s $5.90 EPS forecast compares with the broader full-year consensus of $6.00, suggesting the upgrade is based more on valuation and longer-term prospects than on an increase to near-term earnings expectations.
• Neutral Sentiment: Technical conditions remain a consideration. RPM’s current price is below its 50-day moving average of $107.80 and 200-day moving average of $105.49, which may limit momentum until the stock recovers those levels. Technical Reactions to RPM Trends in Macro Strategies

RPM International Company Profile

RPM International Inc (NYSE:RPM) is a multinational manufacturer of specialty coatings, sealants, adhesives, and related products. The company serves the construction, industrial, automotive, marine, consumer, and specialty markets through a portfolio of businesses that develop products for protecting, repairing, and enhancing residential, commercial, and industrial surfaces.

Its brands include Rust-Oleum, which provides consumer and professional paints and coatings; DAP, which produces caulks, sealants, and related products; Tremco, which serves the building and construction markets; and Carboline, which specializes in protective coatings and fireproofing products.