RPM International Inc. (NYSE:RPM) Director Frederick R. Nance Sells 1,835 Shares

RPM International Inc. (NYSE:RPMGet Free Report) Director Frederick R. Nance sold 1,835 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $109.05, for a total transaction of $200,106.75. Following the completion of the sale, the director now owns 8,180 shares in the company, valued at $892,029. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

RPM International Stock Performance

Shares of RPM opened at $110.48 on Thursday. The company’s 50 day moving average price is $108.57 and its 200 day moving average price is $102.19. RPM International Inc. has a 52 week low of $78.52 and a 52 week high of $113.37. The company has a market capitalization of $14.24 billion, a PE ratio of 27.08, a PEG ratio of 1.62 and a beta of 1.03. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.45 and a current ratio of 2.33.

RPM International (NYSE:RPMGet Free Report) last announced its quarterly earnings data on Thursday, January 4th. The specialty chemicals company reported $1.22 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.01). RPM International had a net margin of 7.15% and a return on equity of 26.71%. The company had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same period in the previous year, the firm posted $1.10 earnings per share. The business’s revenue for the quarter was up .0% on a year-over-year basis. Research analysts expect that RPM International Inc. will post 5.01 EPS for the current fiscal year.

RPM International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Friday, January 19th were given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date was Thursday, January 18th. RPM International’s payout ratio is presently 45.10%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on RPM shares. BMO Capital Markets lifted their target price on shares of RPM International from $125.00 to $127.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 16th. Mizuho started coverage on shares of RPM International in a research report on Friday, January 12th. They issued a “buy” rating and a $128.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, RPM International currently has a consensus rating of “Hold” and a consensus target price of $107.44.

Get Our Latest Report on RPM International

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC bought a new stake in RPM International in the fourth quarter worth approximately $25,000. Cornerstone Planning Group LLC grew its position in RPM International by 1,735.7% in the third quarter. Cornerstone Planning Group LLC now owns 514 shares of the specialty chemicals company’s stock worth $49,000 after acquiring an additional 486 shares in the last quarter. Covestor Ltd grew its position in RPM International by 274.8% in the third quarter. Covestor Ltd now owns 566 shares of the specialty chemicals company’s stock worth $54,000 after acquiring an additional 415 shares in the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in RPM International in the first quarter worth approximately $56,000. Finally, GAMMA Investing LLC bought a new stake in RPM International in the fourth quarter worth approximately $75,000. 78.86% of the stock is owned by hedge funds and other institutional investors.

About RPM International

(Get Free Report)

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.

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