KeyCorp Comments on RPM International Inc.’s FY2025 Earnings (NYSE:RPM)

RPM International Inc. (NYSE:RPM) – Equities researchers at KeyCorp issued their FY2025 EPS estimates for shares of RPM International in a note issued to investors on Sunday, October 6th. KeyCorp analyst A. Yefremov expects that the specialty chemicals company will post earnings per share of $5.49 for the year. The consensus estimate for RPM International’s current full-year earnings is $5.49 per share.

RPM International (NYSE:RPM) last released its quarterly earnings results on Wednesday, October 2nd. The specialty chemicals company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.75 by $0.09. RPM International had a net margin of 8.43% and a return on equity of 26.82%. The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $2.01 billion. During the same quarter last year, the business earned $1.64 earnings per share. The firm’s revenue was down 2.1% on a year-over-year basis.

Other analysts have also recently issued reports about the company. JPMorgan Chase & Co. boosted their price objective on RPM International from $120.00 to $126.00 and gave the company a “neutral” rating in a research report on Thursday, October 3rd. Wells Fargo & Company boosted their price target on shares of RPM International from $125.00 to $134.00 and gave the stock an “equal weight” rating in a report on Thursday, October 3rd. Mizuho decreased their price objective on shares of RPM International from $136.00 to $134.00 and set an “outperform” rating on the stock in a report on Friday, July 26th. Royal Bank of Canada boosted their target price on shares of RPM International from $120.00 to $126.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 3rd. Finally, Morgan Stanley upped their price target on shares of RPM International from $107.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Friday, October 4th. Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $129.70.

RPM International Price Performance

Shares of RPM International stock opened at $129.62 on Wednesday. The firm has a market cap of $16.69 billion, a PE ratio of 29.87, a P/E/G ratio of 1.92 and a beta of 1.00. The business has a 50-day moving average price of $118.89 and a 200 day moving average price of $113.99. The company has a quick ratio of 1.32, a current ratio of 2.26 and a debt-to-equity ratio of 0.77. RPM International has a twelve month low of $88.84 and a twelve month high of $130.36.

RPM International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Friday, October 18th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Friday, October 18th. This is a boost from RPM International’s previous quarterly dividend of $0.46. RPM International’s dividend payout ratio is currently 47.00%.

Insider Buying and Selling at RPM International

In other news, CEO Frank C. Sullivan sold 57,083 shares of the business’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $116.06, for a total transaction of $6,625,052.98. Following the transaction, the chief executive officer now directly owns 1,039,040 shares in the company, valued at $120,590,982.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CEO Frank C. Sullivan sold 57,083 shares of RPM International stock in a transaction on Friday, August 16th. The stock was sold at an average price of $116.06, for a total transaction of $6,625,052.98. Following the transaction, the chief executive officer now owns 1,039,040 shares in the company, valued at $120,590,982.40. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Matthew T. Ratajczak sold 3,156 shares of the business’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $128.75, for a total transaction of $406,335.00. Following the transaction, the vice president now directly owns 21,183 shares in the company, valued at approximately $2,727,311.25. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 61,691 shares of company stock worth $7,202,419. Insiders own 1.50% of the company’s stock.

Institutional Trading of RPM International

Hedge funds have recently made changes to their positions in the company. Mediolanum International Funds Ltd purchased a new position in shares of RPM International during the 1st quarter worth $1,882,000. SG Americas Securities LLC boosted its stake in RPM International by 193.7% during the first quarter. SG Americas Securities LLC now owns 32,268 shares of the specialty chemicals company’s stock worth $3,838,000 after buying an additional 21,282 shares during the period. Transcend Capital Advisors LLC increased its position in shares of RPM International by 22.7% during the second quarter. Transcend Capital Advisors LLC now owns 4,040 shares of the specialty chemicals company’s stock valued at $435,000 after acquiring an additional 748 shares during the last quarter. Cambridge Trust Co. raised its stake in shares of RPM International by 273.3% in the 1st quarter. Cambridge Trust Co. now owns 336 shares of the specialty chemicals company’s stock valued at $40,000 after acquiring an additional 246 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in shares of RPM International by 61.6% in the 1st quarter. BNP Paribas Financial Markets now owns 100,071 shares of the specialty chemicals company’s stock worth $11,903,000 after acquiring an additional 38,135 shares during the last quarter. Hedge funds and other institutional investors own 80.95% of the company’s stock.

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.