Los Angeles Capital Management LLC Boosts Stake in RPM International Inc. (NYSE:RPM)

Los Angeles Capital Management LLC raised its position in RPM International Inc. (NYSE:RPM) by 3.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,833 shares of the specialty chemicals company’s stock after buying an additional 110 shares during the period. Los Angeles Capital Management LLC’s holdings in RPM International were worth $456,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WASHINGTON TRUST Co increased its stake in RPM International by 11.2% in the 4th quarter. WASHINGTON TRUST Co now owns 1,062 shares of the specialty chemicals company’s stock valued at $119,000 after buying an additional 107 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in shares of RPM International by 6.0% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,375 shares of the specialty chemicals company’s stock worth $225,000 after purchasing an additional 135 shares during the last quarter. Tributary Capital Management LLC increased its stake in shares of RPM International by 1.9% during the 4th quarter. Tributary Capital Management LLC now owns 8,832 shares of the specialty chemicals company’s stock worth $986,000 after purchasing an additional 168 shares during the last quarter. Symmetry Partners LLC increased its stake in shares of RPM International by 3.9% during the 1st quarter. Symmetry Partners LLC now owns 5,373 shares of the specialty chemicals company’s stock worth $639,000 after purchasing an additional 200 shares during the last quarter. Finally, V Square Quantitative Management LLC purchased a new stake in shares of RPM International during the 4th quarter worth approximately $25,000. Hedge funds and other institutional investors own 80.95% of the company’s stock.

RPM International Stock Down 1.8 %

RPM opened at $107.94 on Wednesday. The company has a 50 day moving average of $110.55 and a 200 day moving average of $111.10. The company has a market cap of $13.90 billion, a PE ratio of 24.87, a price-to-earnings-growth ratio of 1.56 and a beta of 1.03. RPM International Inc. has a 12 month low of $82.28 and a 12 month high of $120.74. The company has a current ratio of 2.29, a quick ratio of 1.39 and a debt-to-equity ratio of 0.93.

RPM International (NYSE:RPM) last announced its quarterly earnings results on Thursday, April 4th. The specialty chemicals company reported $0.52 EPS for the quarter, beating 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 the consensus estimate of $1.52 billion. During the same period last year, the firm earned $0.37 EPS. The business’s quarterly revenue was up .4% compared to the same quarter last year. On average, sell-side analysts expect that RPM International Inc. will post 4.95 EPS for the current year.

RPM International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 19th were issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.70%. The ex-dividend date was Thursday, April 18th. RPM International’s payout ratio is 42.40%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Robert W. Baird raised their price target on shares of RPM International from $105.00 to $120.00 and gave the stock a “neutral” rating in a research note on Friday, April 5th. UBS Group raised their price target on shares of RPM International from $121.00 to $122.00 and gave the stock a “neutral” rating in a research note on Friday, April 5th. Mizuho raised their price target on shares of RPM International from $128.00 to $136.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. Finally, BMO Capital Markets decreased their price target on shares of RPM International from $127.00 to $123.00 and set an “outperform” rating for the company in a research note on Friday, April 5th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $115.11.

RPM International Company Profile

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.