RPM International (NYSE:RPM) Stock Breaks Above Fifty Day Moving Average – Here’s Why

RPM International Inc. (NYSE:RPM) shares passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $100.96 and traded as high as $102.53. RPM International shares last traded at $102.0880, with a volume of 1,159,431 shares.

RPM International News Summary

Here are the key news stories impacting RPM International this week:

• Positive Sentiment: Zacks Research increased its Q1 2028 EPS forecast to $2.09 from $2.07 and its Q1 2029 forecast to $2.12 from $2.08. The firm continues to project earnings growth, including EPS of $6.67 in fiscal 2028 and $7.06 in fiscal 2029, versus the current-year consensus estimate of $5.96.
• Neutral Sentiment: The estimate changes represent a modest reassessment rather than a major shift in expectations. Zacks maintained its fiscal 2027 EPS forecast at $5.90 and its fiscal 2028 and fiscal 2029 projections remain above the current-year outlook.
• Negative Sentiment: Zacks lowered several forecasts, including Q2 and Q3 fiscal 2027 EPS to $1.26 and $0.58, fiscal 2027 EPS to $5.90 from $5.99, fiscal 2028 EPS to $6.67 from $6.72, and fiscal 2029 EPS to $7.06 from $7.09. These reductions suggest some caution regarding the pace of near- to medium-term earnings growth.
• Neutral Sentiment: A separate First Atlantic Minerals announcement concerns a mineral exploration project named the RPM Zone at Pipestone XL. It is unrelated to RPM International’s specialty-chemicals business and should not be considered a fundamental catalyst for NYSE: RPM. First Atlantic Begins Pit Excavation at the RPM Zone

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on RPM. Wells Fargo & Company lowered their price objective on RPM International from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, October 5th. Royal Bank Of Canada cut their target price on shares of RPM International from $128.00 to $120.00 and set an “outperform” rating for the company in a research report on Wednesday, October 7th. Bank of America lifted their target price on shares of RPM International from $129.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of RPM International in a research report on Thursday, October 22nd. Finally, Morgan Stanley lowered their price target on shares of RPM International from $117.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Monday, September 28th. Twelve equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, RPM International has a consensus rating of “Moderate Buy” and a consensus target price of $121.71.

RPM International Trading Up 2.8%

The firm has a 50-day simple moving average of $100.96 and a 200-day simple moving average of $105.46. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.57. The stock has a market cap of $13.02 billion, a PE ratio of 18.91, a P/E/G ratio of 1.76 and a beta of 1.05.

RPM International (NYSE:RPM) last announced its quarterly earnings results on Tuesday, October 6th. The specialty chemicals company reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.03. The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.22 billion. RPM International had a return on equity of 22.03% and a net margin of 8.66%. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.88 earnings per share. Equities analysts forecast that RPM International Inc. will post 5.93 earnings per share for the current year.

RPM International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be paid a $0.57 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.28 annualized dividend and a yield of 2.2%. This is an increase from RPM International’s previous quarterly dividend of $0.54. RPM International’s dividend payout ratio is 42.22%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Motley Fool Asset Management LLC increased its position in shares of RPM International by 6.1% during the third quarter. Motley Fool Asset Management LLC now owns 3,376 shares of the specialty chemicals company’s stock valued at $333,000 after buying an additional 194 shares during the period. Root Financial Partners LLC bought a new position in shares of RPM International in the third quarter valued at approximately $41,000. Nisa Investment Advisors LLC boosted its position in shares of RPM International by 16.7% in the third quarter. Nisa Investment Advisors LLC now owns 19,972 shares of the specialty chemicals company’s stock valued at $1,971,000 after acquiring an additional 2,860 shares during the period. Pension & Wealth Management Advisors Inc. boosted its position in shares of RPM International by 35.0% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 1,195 shares of the specialty chemicals company’s stock valued at $118,000 after acquiring an additional 310 shares during the period. Finally, Fortitude Family Office LLC grew its stake in RPM International by 111.4% during the third quarter. Fortitude Family Office LLC now owns 370 shares of the specialty chemicals company’s stock valued at $37,000 after acquiring an additional 195 shares in the last quarter. Hedge funds and other institutional investors own 80.95% of the company’s stock.

About RPM International

RPM International Inc is a multinational manufacturer of specialty coatings, sealants, building materials and related products. The company serves industrial, construction, commercial and consumer markets through a portfolio of businesses that develop products designed to protect, repair, maintain and enhance buildings, infrastructure, equipment and other surfaces.

RPM’s products include architectural and industrial coatings, waterproofing systems, roofing materials, flooring systems, caulks, adhesives, sealants and repair products.