RPM International Inc. (NYSE:RPM) Short Interest Update

RPM International Inc. (NYSE:RPM - Get Free Report) was the recipient of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,210,000 shares, a drop of 19.3% from the January 31st total of 1,500,000 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average trading volume of 639,100 shares, the short-interest ratio is currently 1.9 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Creative Financial Designs Inc. ADV raised its position in shares of 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 period. EverSource Wealth Advisors LLC raised its position in shares of RPM International by 55.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company's stock valued at $29,000 after buying an additional 84 shares during the period. Crews Bank & Trust purchased a new stake in shares of RPM International during the 4th quarter valued at approximately $37,000. Farther Finance Advisors LLC raised its position in shares of RPM International by 58.7% during the 4th quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company's stock valued at $52,000 after buying an additional 155 shares during the period. Finally, Fairway Wealth LLC raised its position in shares of RPM International by 829.8% during the 4th quarter. Fairway Wealth LLC now owns 437 shares of the specialty chemicals company's stock valued at $54,000 after buying an additional 390 shares during the period. 80.95% of the stock is owned by hedge funds and other institutional investors.

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RPM International Price Performance

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 quick ratio of 1.46, a current ratio of 2.23 and a debt-to-equity ratio of 0.74. The firm has a fifty day simple moving average of $123.58 and a two-hundred day simple moving average of $126.46. RPM International has a 1 year low of $103.69 and a 1 year high of $141.79. The company has a market cap of $15.75 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 1.97 and a beta of 1.00.

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 for the quarter, topping analysts' consensus estimates of $1.34 by $0.05. RPM International had a net margin of 8.89% and a return on equity of 26.76%. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same period last year, the company posted $1.22 EPS. The business's revenue was up 3.0% on a year-over-year basis. As a group, analysts anticipate that RPM International will post 5.5 EPS for the current year.

RPM International Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend was Friday, January 17th. RPM International's dividend payout ratio (DPR) is 40.32%.

Wall Street Analysts Forecast Growth

RPM has been the topic of a number of analyst reports. StockNews.com cut RPM International from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. dropped their target price on RPM International from $126.00 to $124.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 8th. 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. Wells Fargo & Company upgraded RPM International from an "equal weight" rating to an "overweight" rating and raised their target price for the company from $134.00 to $140.00 in a research report on Wednesday, January 8th. Finally, Evercore ISI upgraded RPM International to a "strong-buy" rating in a research report on Tuesday, January 21st. Six research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, RPM International presently has an average rating of "Moderate Buy" and a consensus target price of $132.00.

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.