Analysts Set RPM International Inc. (NYSE:RPM) Price Target at $115.11

Shares of RPM International Inc. (NYSE:RPM) have been given a consensus rating of “Hold” by the seven ratings firms that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $115.11.

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Boston Trust Walden Corp increased its position in shares of RPM International by 2.9% during the fourth quarter. Boston Trust Walden Corp now owns 488,696 shares of the specialty chemicals company’s stock worth $54,553,000 after acquiring an additional 13,860 shares during the period. California State Teachers Retirement System boosted its stake in shares of RPM International by 5.3% in the 1st quarter. California State Teachers Retirement System now owns 252,046 shares of the specialty chemicals company’s stock valued at $29,981,000 after buying an additional 12,791 shares during the period. Public Employees Retirement Association of Colorado grew its position in shares of RPM International by 337.8% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 220,806 shares of the specialty chemicals company’s stock worth $24,649,000 after buying an additional 170,369 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of RPM International by 16.5% during the first quarter. Russell Investments Group Ltd. now owns 158,408 shares of the specialty chemicals company’s stock worth $18,919,000 after buying an additional 22,388 shares during the period. Finally, New York State Teachers Retirement System raised its holdings in RPM International by 5.9% in the first quarter. New York State Teachers Retirement System now owns 155,254 shares of the specialty chemicals company’s stock valued at $18,467,000 after acquiring an additional 8,691 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company’s stock.

RPM International Stock Up 0.3 %

Shares of RPM opened at $111.26 on Wednesday. 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 firm has a market cap of $14.33 billion, a P/E ratio of 25.64, a PEG ratio of 1.57 and a beta of 1.03. The stock’s 50 day moving average is $110.52 and its two-hundred day moving average is $111.00. RPM International has a 12 month low of $82.00 and a 12 month high of $120.74.

RPM International (NYSE:RPM) last issued its quarterly 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. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.52 billion. RPM International had a net margin of 7.61% and a return on equity of 26.72%. The firm’s revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.37 EPS. Analysts predict that RPM International will post 4.95 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 19th were issued a $0.46 dividend. The ex-dividend date was Thursday, April 18th. This represents a $1.84 annualized dividend and a yield of 1.65%. RPM International’s payout ratio is 42.40%.

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.