Analysts Set RPM International Inc. (NYSE:RPM) PT at $129.70

RPM International Inc. (NYSE:RPM - Get Free Report) has received an average recommendation of "Hold" from the ten brokerages that are presently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $129.70.

RPM has been the subject of several analyst reports. Royal Bank of Canada lifted their price objective on RPM International from $120.00 to $126.00 and gave the company a "sector perform" rating in a report on Thursday, October 3rd. StockNews.com cut shares of RPM International from a "buy" rating to a "hold" rating in a research report on Friday, November 1st. Mizuho reduced their price objective on shares of RPM International from $136.00 to $134.00 and set an "outperform" rating on the stock in a research note on Friday, July 26th. Wells Fargo & Company boosted their target price on shares of RPM International from $125.00 to $134.00 and gave the company an "equal weight" rating in a research report on Thursday, October 3rd. Finally, JPMorgan Chase & Co. increased their price target on shares of RPM International from $120.00 to $126.00 and gave the stock a "neutral" rating in a research report on Thursday, October 3rd.

Insider Transactions at RPM International

In related news, VP Matthew T. Ratajczak sold 3,156 shares of the firm's stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $128.75, for a total value of $406,335.00. Following the completion of the transaction, the vice president now owns 21,183 shares in the company, valued at $2,727,311.25. This trade represents a 12.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frederick R. Nance sold 594 shares of the business's stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $135.47, for a total transaction of $80,469.18. Following the sale, the director now directly owns 8,526 shares in the company, valued at $1,155,017.22. The trade was a 6.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,083 shares of company stock worth $1,443,549. Corporate insiders own 1.60% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Transcend Capital Advisors LLC boosted its holdings in RPM International by 22.7% in the second quarter. Transcend Capital Advisors LLC now owns 4,040 shares of the specialty chemicals company's stock valued at $435,000 after acquiring an additional 748 shares during the last quarter. Cambridge Trust Co. increased its stake in shares of RPM International by 273.3% in the 1st quarter. Cambridge Trust Co. now owns 336 shares of the specialty chemicals company's stock valued at $40,000 after acquiring an additional 246 shares in the last quarter. Christopher J. Hasenberg Inc bought a new stake in RPM International in the third quarter valued at $35,000. One Capital Management LLC boosted its position in shares of RPM International by 25.3% during the 2nd quarter. One Capital Management LLC now owns 101,724 shares of the specialty chemicals company's stock worth $10,954,000 after purchasing an additional 20,556 shares in the last quarter. Finally, DNB Asset Management AS grew its stake in shares of RPM International by 12.9% in the 2nd quarter. DNB Asset Management AS now owns 23,527 shares of the specialty chemicals company's stock valued at $2,533,000 after buying an additional 2,681 shares during the period. 80.95% of the stock is owned by institutional investors.

RPM International Stock Performance

Shares of RPM International stock traded down $0.74 during trading on Friday, reaching $135.25. The company's stock had a trading volume of 591,058 shares, compared to its average volume of 633,063. The company has a quick ratio of 1.48, a current ratio of 2.26 and a debt-to-equity ratio of 0.77. The business's 50-day moving average price is $128.08 and its 200-day moving average price is $117.92. RPM International has a 52 week low of $100.56 and a 52 week high of $138.26. The firm has a market cap of $17.41 billion, a PE ratio of 28.35, a P/E/G ratio of 2.03 and a beta of 0.99.

RPM International (NYSE:RPM - Get Free Report) last posted its quarterly earnings data on Wednesday, October 2nd. The specialty chemicals company reported $1.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.75 by $0.09. RPM International had a net margin of 8.43% and a return on equity of 26.82%. The firm had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter in the previous year, the firm posted $1.64 EPS. The business's revenue for the quarter was down 2.1% compared to the same quarter last year. Equities analysts forecast that RPM International will post 5.55 earnings per share for the current year.

RPM International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Friday, October 18th were given a $0.51 dividend. The ex-dividend date of this dividend was Friday, October 18th. This represents a $2.04 dividend on an annualized basis and a yield of 1.51%. This is a positive change from RPM International's previous quarterly dividend of $0.46. RPM International's dividend payout ratio (DPR) is currently 42.77%.

About RPM International

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.