Roffman Miller Associates Inc. PA Has $44.54 Million Stake in RPM International Inc. (NYSE:RPM)

Roffman Miller Associates Inc. PA reduced its stake in RPM International Inc. (NYSE:RPM) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 398,960 shares of the specialty chemicals company’s stock after selling 8,530 shares during the period. RPM International makes up 3.2% of Roffman Miller Associates Inc. PA’s portfolio, making the stock its 7th biggest position. Roffman Miller Associates Inc. PA’s holdings in RPM International were worth $44,536,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of RPM. Boston Trust Walden Corp increased its holdings in RPM International by 2.9% in the 4th quarter. Boston Trust Walden Corp now owns 488,696 shares of the specialty chemicals company’s stock worth $54,553,000 after buying an additional 13,860 shares in the last quarter. Quantbot Technologies LP increased its holdings in RPM International by 404.3% during the third quarter. Quantbot Technologies LP now owns 19,255 shares of the specialty chemicals company’s stock valued at $1,826,000 after buying an additional 15,437 shares during the last quarter. Tudor Investment Corp Et Al bought a new position in RPM International in the third quarter worth approximately $2,277,000. Strs Ohio purchased a new position in shares of RPM International during the 4th quarter worth $1,684,000. Finally, Girard Partners LTD. purchased a new position in shares of RPM International during the 3rd quarter worth $210,000. 80.95% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

RPM has been the topic of a number of recent research reports. BMO Capital Markets decreased their target price on RPM International from $127.00 to $123.00 and set an “outperform” rating on the stock in a report on Friday, April 5th. UBS Group lifted their price objective on RPM International from $121.00 to $122.00 and gave the company a “neutral” rating in a research report on Friday, April 5th. Robert W. Baird raised their target price on shares of RPM International from $105.00 to $120.00 and gave the stock a “neutral” rating in a research note on Friday, April 5th. Finally, Mizuho lifted their price target on shares of RPM International from $128.00 to $136.00 and gave the company a “buy” rating in a report on Friday, April 5th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $115.11.

Insider Activity

In related news, VP Matthew T. Ratajczak sold 6,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $109.63, for a total value of $657,780.00. Following the completion of the sale, the vice president now directly owns 23,451 shares in the company, valued at $2,570,933.13. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, Director Frederick R. Nance sold 1,835 shares of the firm’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 directly owns 8,180 shares of the company’s stock, valued at approximately $892,029. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Matthew T. Ratajczak sold 6,000 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $109.63, for a total value of $657,780.00. Following the transaction, the vice president now owns 23,451 shares of the company’s stock, valued at approximately $2,570,933.13. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

RPM International Price Performance

RPM traded up $0.99 during trading hours on Friday, hitting $107.88. The company’s stock had a trading volume of 103,786 shares, compared to its average volume of 610,392. The stock has a market cap of $13.89 billion, a price-to-earnings ratio of 24.63, a P/E/G ratio of 1.70 and a beta of 1.04. The business’s 50-day moving average price is $113.72 and its 200-day moving average price is $107.14. The company has a current ratio of 2.29, a quick ratio of 1.39 and a debt-to-equity ratio of 0.93. RPM International Inc. has a 12 month low of $78.52 and a 12 month high of $120.74.

RPM International (NYSE:RPM) last posted its earnings results on Thursday, April 4th. The specialty chemicals company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.52 billion. RPM International had a net margin of 7.61% and a return on equity of 26.72%. The business’s quarterly revenue was up .4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.37 EPS. Sell-side analysts expect that RPM International Inc. will post 4.94 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, April 19th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Thursday, April 18th. RPM International’s dividend payout ratio (DPR) 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.