RPM International Inc. (NYSE:RPM) Given Average Rating of “Hold” by Analysts

RPM International Inc. (NYSE:RPM) has received a consensus recommendation of “Hold” from the nine research firms that are presently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $116.10.

A number of research firms have issued reports on RPM. Vertical Research upgraded RPM International from a “hold” rating to a “buy” rating and set a $126.00 target price for the company in a report on Tuesday, July 16th. Wells Fargo & Company lowered their target price on RPM International from $120.00 to $110.00 and set an “equal weight” rating for the company in a report on Thursday, July 11th. Mizuho increased their target price on RPM International from $128.00 to $136.00 and gave the stock a “buy” rating in a report on Friday, April 5th. BMO Capital Markets decreased their price objective on RPM International from $127.00 to $123.00 and set an “outperform” rating for the company in a report on Friday, April 5th. Finally, Robert W. Baird raised their price objective on RPM International from $105.00 to $120.00 and gave the company a “neutral” rating in a report on Friday, April 5th.

RPM International Price Performance

RPM stock opened at $112.47 on Friday. The stock has a 50-day moving average price of $110.50 and a two-hundred day moving average price of $110.80. The stock has a market cap of $14.48 billion, a PE ratio of 25.91, a price-to-earnings-growth ratio of 1.64 and a beta of 1.00. 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 has a 1 year low of $88.84 and a 1 year high of $120.74.

RPM International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 17th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Wednesday, July 17th. This represents a $1.84 annualized dividend and a yield of 1.64%. RPM International’s dividend payout ratio (DPR) is currently 42.40%.

Institutional Investors Weigh In On RPM International

Several hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in RPM International by 14.3% in the 1st quarter. GAMMA Investing LLC now owns 808 shares of the specialty chemicals company’s stock valued at $96,000 after purchasing an additional 101 shares during the last quarter. WASHINGTON TRUST Co lifted its stake in RPM International by 11.2% in the 4th quarter. WASHINGTON TRUST Co now owns 1,062 shares of the specialty chemicals company’s stock valued at $119,000 after purchasing an additional 107 shares during the last quarter. Los Angeles Capital Management LLC lifted its position in RPM International by 3.0% during the first quarter. Los Angeles Capital Management LLC now owns 3,833 shares of the specialty chemicals company’s stock worth $456,000 after acquiring an additional 110 shares during the last quarter. SVB Wealth LLC lifted its position in RPM International by 3.0% during the first quarter. SVB Wealth LLC now owns 5,491 shares of the specialty chemicals company’s stock worth $653,000 after acquiring an additional 159 shares during the last quarter. Finally, Tributary Capital Management LLC lifted its position in 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 during the last quarter. 80.95% of the stock is currently owned by institutional investors and hedge funds.

About RPM International

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.