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

RPM International Inc. (NYSE:RPM) has been assigned a consensus rating of “Hold” from the ten ratings firms that are covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $131.00.

Several equities analysts recently issued reports on RPM shares. UBS Group lifted their price objective 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. StockNews.com lowered RPM International from a “buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Deutsche Bank Aktiengesellschaft raised their price objective on RPM International from $132.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, October 3rd. JPMorgan Chase & Co. boosted their target price on shares of RPM International from $120.00 to $126.00 and gave the stock a “neutral” rating in a report on Thursday, October 3rd. Finally, BMO Capital Markets restated an “outperform” rating and issued a $149.00 price target (up from $139.00) on shares of RPM International in a report on Thursday, October 3rd.

RPM International Stock Performance

Shares of RPM International stock 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. The stock’s fifty day moving average price is $131.87 and its 200-day moving average price is $122.91. The firm has a market cap of $15.55 billion, a P/E ratio of 25.33, a P/E/G ratio of 1.98 and a beta of 1.00. RPM International has a 12 month low of $100.82 and a 12 month high of $141.79.

RPM International (NYSE:RPM) last posted its earnings results on Wednesday, October 2nd. The specialty chemicals company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.09. RPM International had a net margin of 8.43% and a return on equity of 26.82%. The business had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the firm posted $1.64 EPS. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. On average, equities research analysts expect that RPM International will post 5.56 earnings per share for the current fiscal year.

RPM International Announces Dividend

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

Insider Transactions at RPM International

In other news, VP Matthew T. Ratajczak sold 3,156 shares of the firm’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $128.75, for a total value of $406,335.00. Following the completion of the transaction, 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Tracy D. Crandall sold 3,718 shares of the company’s stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of $133.71, for a total value of $497,133.78. Following the completion of the sale, the vice president now owns 22,738 shares in the company, valued at approximately $3,040,297.98. This represents a 14.05 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,083 shares of company stock worth $1,443,549. Company insiders own 1.60% of the company’s stock.

Institutional Trading of RPM International

Institutional investors and hedge funds have recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC purchased a new position in shares of RPM International during the second quarter worth $45,000. United Services Automobile Association boosted its position in RPM International by 3.3% in the 2nd quarter. United Services Automobile Association now owns 10,335 shares of the specialty chemicals company’s stock worth $1,113,000 after purchasing an additional 331 shares in the last quarter. Forsta AP Fonden grew its position in RPM International by 13.2% during the second quarter. Forsta AP Fonden now owns 25,800 shares of the specialty chemicals company’s stock valued at $2,778,000 after buying an additional 3,000 shares during the period. Achmea Investment Management B.V. grew its position in shares of RPM International by 4.1% during the 2nd quarter. Achmea Investment Management B.V. now owns 85,830 shares of the specialty chemicals company’s stock valued at $9,242,000 after acquiring an additional 3,363 shares during the period. Finally, Cornercap Investment Counsel Inc. purchased a new position in shares of RPM International in the 2nd quarter valued at about $950,000. 80.95% of the stock is currently owned by institutional investors and hedge funds.

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.