GW&K Investment Management LLC Buys 4,536 Shares of RPM International Inc. (NYSE:RPM)

GW&K Investment Management LLC lifted its holdings in RPM International Inc. (NYSE:RPM - Free Report) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 606,270 shares of the specialty chemicals company's stock after acquiring an additional 4,536 shares during the period. GW&K Investment Management LLC owned 0.47% of RPM International worth $74,607,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in RPM. Wilmington Savings Fund Society FSB bought a new position in RPM International in the 3rd quarter worth approximately $1,295,000. National Pension Service boosted its position in shares of RPM International by 4.8% during the third quarter. National Pension Service now owns 224,212 shares of the specialty chemicals company's stock worth $27,130,000 after acquiring an additional 10,317 shares during the last quarter. Toronto Dominion Bank grew its stake in RPM International by 33.0% during the third quarter. Toronto Dominion Bank now owns 16,384 shares of the specialty chemicals company's stock valued at $1,982,000 after acquiring an additional 4,062 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in RPM International by 9.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 96,692 shares of the specialty chemicals company's stock valued at $11,899,000 after acquiring an additional 8,725 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in RPM International by 56.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 34,416 shares of the specialty chemicals company's stock worth $4,164,000 after purchasing an additional 12,470 shares in the last quarter. Hedge funds and other institutional investors own 80.95% of the company's stock.

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RPM International Trading Down 1.8 %

NYSE RPM traded down $2.23 on Tuesday, hitting $120.86. 676,850 shares of the stock were exchanged, compared to its average volume of 613,566. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.46 and a current ratio of 2.23. RPM International Inc. has a 52-week low of $103.69 and a 52-week high of $141.79. The firm has a market capitalization of $15.54 billion, a P/E ratio of 23.88, a P/E/G ratio of 1.97 and a beta of 1.01. The stock has a fifty day moving average price of $123.77 and a two-hundred day moving average price of $126.34.

RPM International (NYSE:RPM - Get Free Report) last released its earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.79 billion. During the same quarter last year, the business earned $1.22 EPS. The business's revenue was up 3.0% on a year-over-year basis. Research analysts forecast that RPM International Inc. will post 5.5 EPS for the current fiscal year.

RPM International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were issued a $0.51 dividend. The ex-dividend date was Friday, January 17th. This represents a $2.04 annualized dividend and a dividend yield of 1.69%. RPM International's payout ratio is 40.32%.

Wall Street Analysts Forecast Growth

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

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.