One Capital Management LLC Sells 4,753 Shares of RPM International Inc. (NYSE:RPM)

One Capital Management LLC cut its holdings in RPM International Inc. (NYSE:RPM - Free Report) by 4.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,802 shares of the specialty chemicals company's stock after selling 4,753 shares during the quarter. One Capital Management LLC owned approximately 0.08% of RPM International worth $12,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of RPM. Creative Financial Designs Inc. ADV raised its stake in RPM International by 61.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 215 shares of the specialty chemicals company's stock valued at $26,000 after buying an additional 82 shares during the last quarter. Crews Bank & Trust bought a new position in shares of RPM International during the 4th quarter valued at $37,000. UMB Bank n.a. lifted its holdings in shares of RPM International by 84.0% during the 4th quarter. UMB Bank n.a. now owns 657 shares of the specialty chemicals company's stock valued at $81,000 after buying an additional 300 shares during the period. iA Global Asset Management Inc. lifted its holdings in shares of RPM International by 37.8% during the 3rd quarter. iA Global Asset Management Inc. now owns 1,826 shares of the specialty chemicals company's stock valued at $221,000 after buying an additional 501 shares during the period. Finally, Longboard Asset Management LP bought a new position in shares of RPM International during the 4th quarter valued at $225,000. 80.95% of the stock is owned by institutional investors.

RPM International Trading Down 1.5 %

Shares of NYSE:RPM traded down $1.88 during trading on Friday, reaching $122.51. The company's stock had a trading volume of 556,296 shares, compared to its average volume of 615,860. 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 stock has a market capitalization of $15.75 billion, a PE ratio of 24.21, a price-to-earnings-growth ratio of 1.97 and a beta of 1.00. RPM International Inc. has a 12 month low of $103.69 and a 12 month high of $141.79. The firm's 50 day simple moving average is $123.58 and its two-hundred day simple moving average is $126.53.

Remove Ads

RPM International (NYSE:RPM - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.79 billion. RPM International had a net margin of 8.89% and a return on equity of 26.76%. The firm's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.22 earnings per share. On average, research analysts predict that RPM International Inc. will post 5.5 EPS for the current fiscal year.

RPM International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were paid a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.67%. The ex-dividend date was Friday, January 17th. RPM International's payout ratio is currently 40.32%.

Analyst Upgrades and Downgrades

RPM has been the topic of several research analyst reports. Wells Fargo & Company raised RPM International from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $134.00 to $140.00 in a report on Wednesday, January 8th. UBS Group increased their price target on RPM International from $123.00 to $130.00 and gave the stock a "neutral" rating in a research note on Thursday, December 19th. Mizuho cut their price objective on RPM International from $150.00 to $140.00 and set an "outperform" rating for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. cut their price objective on RPM International from $126.00 to $124.00 and set a "neutral" rating for the company in a research report on Wednesday, January 8th. Finally, StockNews.com lowered RPM International from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Six 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.com, RPM International presently has a consensus rating of "Moderate Buy" and an average price target 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.