RPM International Inc. (NYSE:RPM) Position Trimmed by Achmea Investment Management B.V.

Achmea Investment Management B.V. reduced its holdings in shares of RPM International Inc. (NYSE:RPM - Free Report) by 16.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,034 shares of the specialty chemicals company's stock after selling 14,589 shares during the quarter. Achmea Investment Management B.V. owned approximately 0.06% of RPM International worth $8,987,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in RPM. Crossmark Global Holdings Inc. increased its holdings in RPM International by 13.2% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 9,797 shares of the specialty chemicals company's stock valued at $1,186,000 after acquiring an additional 1,143 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in 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 valued at $29,228,000 after acquiring an additional 1,919 shares in the last quarter. Huntington National Bank increased its holdings in RPM International by 1.0% during the 3rd quarter. Huntington National Bank now owns 10,828 shares of the specialty chemicals company's stock valued at $1,310,000 after acquiring an additional 108 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in shares of RPM International by 8.6% during the third quarter. Fifth Third Wealth Advisors LLC now owns 4,805 shares of the specialty chemicals company's stock worth $581,000 after buying an additional 382 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of RPM International during the third quarter worth about $330,000. 80.95% of the stock is currently owned by hedge funds and other institutional investors.

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RPM International Stock Down 0.5 %

Shares of NYSE RPM traded down $0.56 during trading on Tuesday, reaching $115.57. 628,265 shares of the stock were exchanged, compared to its average volume of 614,091. The company has a quick ratio of 1.46, a current ratio of 2.23 and a debt-to-equity ratio of 0.74. The business's 50-day moving average price is $123.01 and its 200 day moving average price is $126.64. The company has a market capitalization of $14.86 billion, a price-to-earnings ratio of 22.84, a price-to-earnings-growth ratio of 1.97 and a beta of 1.00. RPM International Inc. has a twelve month low of $103.69 and a twelve month high of $141.79.

RPM International (NYSE:RPM - Get Free Report) last issued its quarterly earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.34 by $0.05. The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.79 billion. RPM International had a net margin of 8.89% and a return on equity of 26.76%. The business's revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.22 earnings per share. As a group, equities analysts forecast that RPM International Inc. will post 5.5 EPS for the current fiscal year.

RPM International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were paid a $0.51 dividend. The ex-dividend date of this dividend was Friday, January 17th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.77%. RPM International's dividend payout ratio (DPR) is presently 40.32%.

Analyst Ratings Changes

A number of research firms recently issued reports on RPM. UBS Group boosted their target price on shares of RPM International from $123.00 to $130.00 and gave the company a "neutral" rating in a report on Thursday, December 19th. Evercore ISI upgraded shares of RPM International to a "strong-buy" rating in a report on Tuesday, January 21st. StockNews.com cut shares of RPM International from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Wells Fargo & Company raised shares of RPM International from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $134.00 to $140.00 in a research report on Wednesday, January 8th. Finally, Mizuho reduced their price target on shares of RPM International from $150.00 to $140.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 8th. Six investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, RPM International presently has a consensus rating of "Moderate Buy" and an average target price of $132.00.

RPM International Company Profile

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.