Analysts Set RPM International Inc. (NYSE:RPM) PT at $126.33

RPM International Inc. (NYSE:RPM) has received an average recommendation of “Moderate Buy” from the fifteen research firms that are covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $126.3333.

A number of equities research analysts have recently weighed in on the stock. BMO Capital Markets cut their target price on shares of RPM International from $149.00 to $148.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. Mizuho cut their target price on shares of RPM International from $120.00 to $111.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. Wall Street Zen raised shares of RPM International from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Weiss Ratings cut shares of RPM International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, April 29th. Finally, Zacks Research raised shares of RPM International from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 9th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Segall Bryant & Hamill LLC purchased a new position in RPM International during the 1st quarter valued at about $6,963,000. Oslo Pensjonsforsikring AS purchased a new position in RPM International during the 1st quarter valued at about $91,000. Manning & Napier Advisors LLC lifted its position in RPM International by 59.6% during the 1st quarter. Manning & Napier Advisors LLC now owns 3,587 shares of the specialty chemicals company’s stock valued at $357,000 after acquiring an additional 1,340 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in RPM International by 3.5% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 25,713 shares of the specialty chemicals company’s stock valued at $2,501,000 after acquiring an additional 871 shares during the period. Finally, Whittier Trust Co. lifted its position in RPM International by 10.3% during the 1st quarter. Whittier Trust Co. now owns 52,921 shares of the specialty chemicals company’s stock valued at $5,147,000 after acquiring an additional 4,947 shares during the period. 80.95% of the stock is owned by hedge funds and other institutional investors.

RPM International Trading Down 0.0%

Shares of RPM opened at $100.86 on Wednesday. The firm’s 50-day moving average price is $101.26 and its 200-day moving average price is $106.04. The firm has a market capitalization of $12.87 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 2.57 and a beta of 1.04. The company has a current ratio of 2.28, a quick ratio of 1.44 and a debt-to-equity ratio of 0.81. RPM International has a 1-year low of $92.92 and a 1-year high of $129.12.

RPM International (NYSE:RPM) last announced its earnings results on Wednesday, April 8th. The specialty chemicals company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.20. The firm had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.55 billion. RPM International had a net margin of 8.63% and a return on equity of 22.55%. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.35 EPS. Sell-side analysts anticipate that RPM International will post 5.46 EPS for the current year.

RPM International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Thursday, April 16th. RPM International’s dividend payout ratio (DPR) is 41.62%.

RPM International Company Profile

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.