Brokerages Set RPM International Inc. (NYSE:RPM) Target Price at $126.75

RPM International Inc. (NYSE:RPM) has earned a consensus rating of “Moderate Buy” from the sixteen ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $126.75.

Several equities analysts have recently commented on RPM shares. JPMorgan Chase & Co. raised shares of RPM International from a “neutral” rating to an “overweight” rating and lowered their price objective for the company from $117.00 to $115.00 in a research note on Friday, January 9th. KeyCorp reissued a “sector weight” rating on shares of RPM International in a research note on Friday, January 9th. Zacks Research lowered RPM International from a “hold” rating to a “strong sell” rating in a research note on Friday, January 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of RPM International in a research report on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of RPM International from $138.00 to $126.00 and set a “buy” rating for the company in a report on Monday, January 12th.

Insider Transactions at RPM International

In other news, VP Timothy R. Kinser sold 3,441 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $110.31, for a total transaction of $379,576.71. Following the completion of the transaction, the vice president directly owned 21,248 shares of the company’s stock, valued at $2,343,866.88. The trade was a 13.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On RPM International

Institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc increased its holdings in shares of RPM International by 48.6% in the third quarter. Versant Capital Management Inc now owns 275 shares of the specialty chemicals company’s stock valued at $32,000 after purchasing an additional 90 shares during the last quarter. Lazard Asset Management LLC increased its position in shares of RPM International by 5.8% during the second quarter. Lazard Asset Management LLC now owns 1,685 shares of the specialty chemicals company’s stock worth $184,000 after acquiring an additional 93 shares during the period. Archer Investment Corp boosted its stake in shares of RPM International by 3.1% in the 3rd quarter. Archer Investment Corp now owns 3,598 shares of the specialty chemicals company’s stock valued at $424,000 after buying an additional 108 shares during the period. EverSource Wealth Advisors LLC grew its holdings in RPM International by 21.2% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 617 shares of the specialty chemicals company’s stock worth $73,000 after acquiring an additional 108 shares in the last quarter. Finally, LRI Investments LLC increased its holdings in RPM International by 6.6% in the fourth quarter. LRI Investments LLC now owns 1,752 shares of the specialty chemicals company’s stock valued at $182,000 after buying an additional 108 shares during the last quarter. Institutional investors own 80.95% of the company’s stock.

RPM International Stock Performance

RPM International stock opened at $118.15 on Monday. RPM International has a fifty-two week low of $95.28 and a fifty-two week high of $129.12. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.45 and a current ratio of 2.22. The stock has a market cap of $15.13 billion, a P/E ratio of 22.77, a price-to-earnings-growth ratio of 2.89 and a beta of 1.10. The firm’s fifty day moving average price is $109.02 and its 200-day moving average price is $113.42.

RPM International (NYSE:RPM) last posted its quarterly earnings results on Thursday, January 8th. The specialty chemicals company reported $1.20 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.21). RPM International had a return on equity of 22.49% and a net margin of 8.79%.The business had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period last year, the business posted $1.39 earnings per share. The company’s revenue was up 3.5% compared to the same quarter last year. On average, equities research analysts expect that RPM International will post 5.5 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 16th were issued a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, January 16th. RPM International’s dividend payout ratio (DPR) is presently 41.62%.

About RPM International

RPM International Inc is a global holding company whose subsidiaries specialize in the manufacture and marketing of high-performance coatings, sealants, building materials, and specialty chemicals. Through its two principal operating segments—Performance Coatings and Industrial Coatings—RPM serves a diverse range of end markets, including construction, consumer products, industrial maintenance, and specialty applications.

The company’s Performance Coatings segment offers a broad portfolio of architectural coatings, waterproofing systems, and specialty building products used by contractors, builders, and homeowners.