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

Shares of RPM International Inc. (NYSE:RPM) have received an average recommendation of “Hold” from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $131.00.

RPM has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on RPM International from $132.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, October 3rd. BMO Capital Markets reiterated an “outperform” rating and set a $149.00 price objective (up previously from $139.00) on shares of RPM International in a research report on Thursday, October 3rd. Morgan Stanley upped their target price 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. UBS Group lifted their price target on shares of RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a report on Thursday, December 19th. Finally, Royal Bank of Canada boosted their price target 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.

RPM International Price Performance

NYSE RPM opened at $120.81 on Friday. The company has a current ratio of 2.26, a quick ratio of 1.48 and a debt-to-equity ratio of 0.77. RPM International has a 12 month low of $100.82 and a 12 month high of $141.79. The stock has a market cap of $15.55 billion, a price-to-earnings ratio of 25.33, a PEG ratio of 1.98 and a beta of 1.00. The company’s 50 day moving average is $131.87 and its two-hundred day moving average is $122.91.

RPM International (NYSE:RPM) last announced its quarterly earnings data 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 firm had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same period last year, the firm earned $1.64 EPS. The company’s revenue was down 2.1% on a year-over-year basis. As a group, research analysts anticipate that RPM International will post 5.56 earnings per share for the current year.

RPM International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Friday, January 17th. RPM International’s payout ratio is 42.77%.

Insider Activity

In related news, Director Frederick R. Nance sold 594 shares of RPM International stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $135.47, for a total transaction of $80,469.18. Following the completion of the transaction, the director now directly owns 8,526 shares of the company’s stock, valued at approximately $1,155,017.22. The trade was a 6.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Matthew T. Ratajczak sold 3,156 shares of the stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $128.75, for a total transaction of $406,335.00. Following the completion of the sale, the vice president now directly owns 21,183 shares in the company, valued at $2,727,311.25. This trade represents a 12.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,083 shares of company stock valued at $1,443,549. 1.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On RPM International

A number of large investors have recently bought and sold shares of RPM. Geode Capital Management LLC lifted its position in shares of RPM International by 5.8% during the third quarter. Geode Capital Management LLC now owns 2,656,684 shares of the specialty chemicals company’s stock worth $320,851,000 after purchasing an additional 145,070 shares during the last quarter. Pacer Advisors Inc. increased its stake in RPM International by 9,945.2% in the 2nd quarter. Pacer Advisors Inc. now owns 1,949,479 shares of the specialty chemicals company’s stock worth $209,920,000 after buying an additional 1,930,072 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its holdings in RPM International by 0.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 241,551 shares of the specialty chemicals company’s stock valued at $29,228,000 after buying an additional 1,919 shares in the last quarter. National Pension Service boosted its position in RPM International by 4.8% in the 3rd quarter. National Pension Service now owns 224,212 shares of the specialty chemicals company’s stock valued at $27,130,000 after buying an additional 10,317 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec grew its stake in RPM International by 2,975.6% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 200,742 shares of the specialty chemicals company’s stock worth $24,290,000 after acquiring an additional 194,215 shares in the last quarter. Hedge funds and other institutional investors 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.