ST Germain D J Co. Inc. Has $377,000 Stock Position in RPM International Inc. (NYSE:RPM)

ST Germain D J Co. Inc. grew its position in shares of RPM International Inc. (NYSE:RPM) by 7.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,066 shares of the specialty chemicals company’s stock after acquiring an additional 216 shares during the quarter. ST Germain D J Co. Inc.’s holdings in RPM International were worth $377,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in RPM International by 5.8% during the 3rd quarter. Geode Capital Management LLC now owns 2,656,684 shares of the specialty chemicals company’s stock worth $320,851,000 after acquiring an additional 145,070 shares during the last quarter. Pacer Advisors Inc. raised its stake in shares of RPM International by 9,945.2% during the 2nd quarter. Pacer Advisors Inc. now owns 1,949,479 shares of the specialty chemicals company’s stock worth $209,920,000 after purchasing an additional 1,930,072 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of RPM International by 0.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 241,551 shares of the specialty chemicals company’s stock worth $29,228,000 after purchasing an additional 1,919 shares in the last quarter. National Pension Service raised its stake in shares of RPM International by 4.8% during the 3rd quarter. National Pension Service now owns 224,212 shares of the specialty chemicals company’s stock worth $27,130,000 after purchasing an additional 10,317 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec raised its stake in shares of RPM International by 2,975.6% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 200,742 shares of the specialty chemicals company’s stock worth $24,290,000 after purchasing an additional 194,215 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company’s stock.

Insider Transactions at RPM International

In related news, Director Frederick R. Nance sold 594 shares of the business’s stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $135.47, for a total value of $80,469.18. Following the completion of the transaction, the director now owns 8,526 shares of the company’s stock, valued at $1,155,017.22. The trade was a 6.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Tracy D. Crandall sold 3,718 shares of the business’s stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $133.71, for a total value of $497,133.78. Following the completion of the transaction, the vice president now directly owns 22,738 shares of the company’s stock, valued at approximately $3,040,297.98. This trade represents a 14.05 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 7,927 shares of company stock valued at $1,037,214. 1.60% of the stock is currently owned by corporate insiders.

RPM International Stock Down 1.6 %

RPM opened at $120.59 on Friday. RPM International Inc. has a fifty-two week low of $103.63 and a fifty-two week high of $141.79. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.48 and a current ratio of 2.26. The company has a market capitalization of $15.52 billion, a P/E ratio of 25.28, a P/E/G ratio of 1.98 and a beta of 1.02. The stock has a fifty day moving average of $131.36 and a 200-day moving average of $123.12.

RPM International (NYSE:RPM) last posted its earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.05. RPM International had a return on equity of 26.82% and a net margin of 8.43%. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter last year, the firm earned $1.22 earnings per share. The company’s revenue was up 3.0% on a year-over-year basis. On average, equities analysts expect that RPM International Inc. will post 5.56 EPS for the current year.

RPM International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend is Friday, January 17th. RPM International’s dividend payout ratio is currently 40.32%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Wells Fargo & Company upgraded RPM International from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $134.00 to $140.00 in a research note on Wednesday. Morgan Stanley upped their price objective on RPM International from $107.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Friday, October 4th. UBS Group increased their price target on RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a research note on Thursday, December 19th. BMO Capital Markets reaffirmed an “outperform” rating and set a $149.00 price target (up previously from $139.00) on shares of RPM International in a report on Thursday, October 3rd. Finally, Royal Bank of Canada raised their price target on RPM International from $120.00 to $126.00 and gave the company a “sector perform” rating in a report on Thursday, October 3rd. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, RPM International has a consensus rating of “Moderate Buy” and an average price target of $132.00.

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.