United Capital Financial Advisers LLC boosted its holdings in RPM International Inc. (NYSE:RPM) by 2.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,257 shares of the specialty chemicals company’s stock after buying an additional 668 shares during the period. United Capital Financial Advisers LLC’s holdings in RPM International were worth $1,666,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. TimesSquare Capital Management LLC boosted its holdings in RPM International by 70.3% in the 2nd quarter. TimesSquare Capital Management LLC now owns 660,600 shares of the specialty chemicals company’s stock valued at $40,369,000 after purchasing an additional 272,803 shares during the period. Mawer Investment Management Ltd. lifted its holdings in shares of RPM International by 68.0% during the 2nd quarter. Mawer Investment Management Ltd. now owns 271,461 shares of the specialty chemicals company’s stock worth $16,589,000 after acquiring an additional 109,865 shares during the last quarter. Coho Partners Ltd. bought a new stake in shares of RPM International during the 2nd quarter worth $6,387,000. Geode Capital Management LLC lifted its holdings in shares of RPM International by 7.4% during the 4th quarter. Geode Capital Management LLC now owns 1,283,241 shares of the specialty chemicals company’s stock worth $75,428,000 after acquiring an additional 88,197 shares during the last quarter. Finally, Icon Advisers Inc. Co. bought a new stake in shares of RPM International during the 2nd quarter worth $1,723,000. Institutional investors and hedge funds own 77.49% of the company’s stock.

Several analysts have weighed in on the stock. Northcoast Research reissued a “neutral” rating on shares of RPM International in a research note on Thursday, July 25th. Seaport Global Securities reissued a “neutral” rating on shares of RPM International in a research note on Monday, July 22nd. Robert W. Baird set a $72.00 price target on shares of RPM International and gave the stock a “hold” rating in a research note on Wednesday, August 21st. ValuEngine cut shares of RPM International from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Finally, TheStreet upgraded shares of RPM International from a “c+” rating to an “a-” rating in a research report on Monday, July 22nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. RPM International currently has a consensus rating of “Hold” and an average price target of $69.00.

RPM International stock traded up $0.89 during midday trading on Thursday, reaching $68.83. 8,500 shares of the company traded hands, compared to its average volume of 555,349. The firm has a market capitalization of $8.81 billion, a price-to-earnings ratio of 25.38, a price-to-earnings-growth ratio of 1.49 and a beta of 1.26. The business has a 50 day moving average of $67.50 and a two-hundred day moving average of $61.54. RPM International Inc. has a 12 month low of $51.95 and a 12 month high of $69.90. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.64 and a quick ratio of 1.09.

RPM International (NYSE:RPM) last issued its quarterly earnings data on Monday, July 22nd. The specialty chemicals company reported $1.24 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.14 by $0.10. RPM International had a net margin of 4.79% and a return on equity of 23.46%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the prior year, the firm earned $1.05 earnings per share. The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. As a group, equities analysts forecast that RPM International Inc. will post 3.36 EPS for the current year.

In other news, Director Frederick R. Nance sold 1,100 shares of the business’s stock in a transaction that occurred on Wednesday, July 24th. The stock was sold at an average price of $66.54, for a total value of $73,194.00. Following the completion of the sale, the director now directly owns 16,581 shares in the company, valued at approximately $1,103,299.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.60% of the stock is currently owned by insiders.

RPM International Profile

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. Its Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and flooring and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes.

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Institutional Ownership by Quarter for RPM International (NYSE:RPM)

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