Amundi Boosts Position in RPM International Inc. (NYSE:RPM)

Amundi raised its stake in shares of RPM International Inc. (NYSE:RPM - Free Report) by 33.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,166 shares of the specialty chemicals company's stock after purchasing an additional 41,575 shares during the period. Amundi owned 0.13% of RPM International worth $20,367,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Huntington National Bank lifted its stake in RPM International by 1.0% in the 3rd quarter. Huntington National Bank now owns 10,828 shares of the specialty chemicals company's stock valued at $1,310,000 after buying an additional 108 shares in the last quarter. Bradley Foster & Sargent Inc. CT raised its holdings in shares of RPM International by 4.0% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 3,434 shares of the specialty chemicals company's stock valued at $423,000 after acquiring an additional 132 shares during the last quarter. ST Germain D J Co. Inc. lifted its position in shares of RPM International by 7.6% in the fourth quarter. ST Germain D J Co. Inc. now owns 3,066 shares of the specialty chemicals company's stock valued at $377,000 after acquiring an additional 216 shares in the last quarter. Plato Investment Management Ltd boosted its stake in shares of RPM International by 1.3% in the fourth quarter. Plato Investment Management Ltd now owns 17,547 shares of the specialty chemicals company's stock worth $2,167,000 after acquiring an additional 228 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in shares of RPM International by 12.8% during the fourth quarter. GAMMA Investing LLC now owns 2,183 shares of the specialty chemicals company's stock worth $269,000 after purchasing an additional 247 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company's stock.

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Analyst Ratings Changes

A number of equities research analysts have recently issued reports on RPM shares. UBS Group upped their target price on shares of RPM International from $123.00 to $130.00 and gave the stock a "neutral" rating in a report on Thursday, December 19th. Wells Fargo & Company raised shares of RPM International from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $134.00 to $140.00 in a research note on Wednesday, January 8th. Evercore ISI upgraded RPM International to a "strong-buy" rating in a report on Tuesday, January 21st. Mizuho cut their price target on RPM International from $150.00 to $140.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. dropped their target price on RPM International from $126.00 to $124.00 and set a "neutral" rating for the company in a report on Wednesday, January 8th. Six research 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 company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $132.00.

RPM International Stock Down 0.1 %

Shares of RPM traded down $0.16 during mid-day trading on Monday, hitting $116.01. 787,687 shares of the company's stock were exchanged, compared to its average volume of 614,234. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.46 and a current ratio of 2.23. The company has a market cap of $14.92 billion, a price-to-earnings ratio of 22.93, a P/E/G ratio of 1.97 and a beta of 1.00. The stock's 50-day moving average is $123.12 and its 200-day moving average is $126.63. RPM International Inc. has a fifty-two week low of $103.69 and a fifty-two week 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 EPS for the quarter, beating the consensus estimate of $1.34 by $0.05. RPM International had a net margin of 8.89% and a return on equity of 26.76%. The company had revenue of $1.85 billion during the quarter, compared to analysts' expectations of $1.79 billion. During the same quarter last year, the company posted $1.22 EPS. The firm's revenue was up 3.0% compared to the same quarter last year. On average, sell-side analysts anticipate that RPM International Inc. will post 5.5 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend was Friday, January 17th. RPM International's dividend payout ratio is currently 40.32%.

RPM International 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.