74,443 Shares in RPM International Inc. (NYSE:RPM) Purchased by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC acquired a new stake in shares of RPM International Inc. (NYSE:RPM - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 74,443 shares of the specialty chemicals company's stock, valued at approximately $9,161,000. New Age Alpha Advisors LLC owned about 0.06% of RPM International at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in RPM. Wilmington Savings Fund Society FSB purchased a new stake in RPM International in the third quarter valued at about $1,295,000. Toronto Dominion Bank raised its position in shares of RPM International by 33.0% in the 3rd quarter. Toronto Dominion Bank now owns 16,384 shares of the specialty chemicals company's stock valued at $1,982,000 after purchasing an additional 4,062 shares during the last quarter. Janney Montgomery Scott LLC grew its position in RPM International by 9.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 96,692 shares of the specialty chemicals company's stock worth $11,899,000 after purchasing an additional 8,725 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its stake in shares of RPM International by 2,975.6% during the third 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 buying an additional 194,215 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of RPM International by 5.8% during the third quarter. Geode Capital Management LLC now owns 2,656,684 shares of the specialty chemicals company's stock worth $320,851,000 after purchasing an additional 145,070 shares during the period. Institutional investors and hedge funds own 80.95% of the company's stock.

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RPM International Trading Up 0.2 %

RPM International stock traded up $0.27 during trading on Tuesday, hitting $115.95. The company had a trading volume of 110,639 shares, compared to its average volume of 640,977. The company has a current ratio of 2.23, a quick ratio of 1.46 and a debt-to-equity ratio of 0.74. The company's 50 day simple moving average is $121.34 and its 200-day simple moving average is $126.55. RPM International Inc. has a 1-year low of $103.69 and a 1-year high of $141.79. The stock has a market cap of $14.91 billion, a price-to-earnings ratio of 22.99, a price-to-earnings-growth ratio of 1.97 and a beta of 1.00.

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. The company had revenue of $1.85 billion during the quarter, compared to analysts' expectations of $1.79 billion. RPM International had a net margin of 8.89% and a return on equity of 26.76%. The firm's revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.22 EPS. As a group, analysts expect that RPM International Inc. will post 5.5 EPS for the current fiscal year.

RPM International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 17th will be given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.76%. RPM International's dividend payout ratio (DPR) is 40.32%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Mizuho dropped their target price on RPM International from $150.00 to $140.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 8th. StockNews.com lowered RPM International from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. reduced their price target on shares of RPM International from $126.00 to $124.00 and set a "neutral" rating for the company in a research report on Wednesday, January 8th. Wells Fargo & Company raised shares of RPM International from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $134.00 to $140.00 in a report on Wednesday, January 8th. Finally, Evercore ISI upgraded shares of RPM International to a "strong-buy" rating in a report on Tuesday, January 21st. Six research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, RPM International currently has an average rating of "Moderate Buy" and a consensus 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.