Godshalk Welsh Capital Management Inc. Sells 100 Shares of RPM International Inc. (NYSE:RPM)

Godshalk Welsh Capital Management Inc. lessened its position in RPM International Inc. (NYSE:RPM) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,655 shares of the specialty chemicals company’s stock after selling 100 shares during the period. Godshalk Welsh Capital Management Inc.’s holdings in RPM International were worth $966,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of RPM. WASHINGTON TRUST Co increased its position in shares of RPM International by 11.2% during the fourth quarter. WASHINGTON TRUST Co now owns 1,062 shares of the specialty chemicals company’s stock worth $119,000 after acquiring an additional 107 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of RPM International by 6.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,375 shares of the specialty chemicals company’s stock worth $225,000 after acquiring an additional 135 shares in the last quarter. Tributary Capital Management LLC increased its position in shares of RPM International by 1.9% during the fourth quarter. Tributary Capital Management LLC now owns 8,832 shares of the specialty chemicals company’s stock worth $986,000 after acquiring an additional 168 shares in the last quarter. Covestor Ltd increased its position in shares of RPM International by 274.8% during 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. Finally, Cornerstone Planning Group LLC increased its position in shares of RPM International by 1,735.7% during 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. Institutional investors own 80.95% of the company’s stock.

RPM International Stock Performance

RPM stock traded up $1.06 during trading hours on Friday, reaching $113.02. The stock had a trading volume of 687,164 shares, compared to its average volume of 533,032. The stock has a market capitalization of $14.55 billion, a PE ratio of 26.04, a price-to-earnings-growth ratio of 1.76 and a beta of 1.06. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.29 and a quick ratio of 1.39. The stock has a 50-day simple moving average of $112.46 and a 200 day simple moving average of $109.72. RPM International Inc. has a fifty-two week low of $79.25 and a fifty-two week high of $120.74.

RPM International (NYSE:RPM) last announced its quarterly earnings results on Thursday, April 4th. The specialty chemicals company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. The firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.52 billion. RPM International had a net margin of 7.61% and a return on equity of 26.72%. The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter last year, the company posted $0.37 earnings per share. Analysts predict that RPM International Inc. will post 4.95 EPS for the current fiscal year.

RPM International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, April 19th were paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend was Thursday, April 18th. RPM International’s dividend payout ratio is presently 42.40%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. BMO Capital Markets lowered their price objective on shares of RPM International from $127.00 to $123.00 and set an “outperform” rating for the company in a research report on Friday, April 5th. Mizuho increased their price objective on shares of RPM International from $128.00 to $136.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Robert W. Baird increased their target price on shares of RPM International from $105.00 to $120.00 and gave the stock a “neutral” 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 stock a “neutral” rating in a report on Friday, April 5th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, RPM International presently has an average rating of “Moderate Buy” and a consensus target price of $115.11.

RPM International 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.