RPM International Inc. $RPM Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its position in RPM International Inc. (NYSE:RPM) by 80.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 81,471 shares of the specialty chemicals company’s stock after purchasing an additional 36,214 shares during the period. SG Americas Securities LLC’s holdings in RPM International were worth $8,098,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in RPM. Ares Financial Consulting LLC acquired a new position in RPM International during the fourth quarter worth approximately $37,000. Los Angeles Capital Management LLC acquired a new stake in shares of RPM International in the fourth quarter valued at approximately $60,000. Rothschild Investment LLC grew its position in shares of RPM International by 2,387.0% during the fourth quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock worth $59,000 after acquiring an additional 549 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of RPM International by 21.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 617 shares of the specialty chemicals company’s stock valued at $73,000 after acquiring an additional 108 shares during the period. Finally, Resources Management Corp CT ADV raised its position in RPM International by 21,566.7% in the 4th quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company’s stock valued at $68,000 after purchasing an additional 647 shares during the last quarter. 80.95% of the stock is owned by institutional investors and hedge funds.

RPM International Stock Up 0.6%

Shares of RPM International stock opened at $112.37 on Friday. RPM International Inc. has a one year low of $92.92 and a one year high of $129.12. The company has a market cap of $14.34 billion, a P/E ratio of 21.65, a PEG ratio of 2.63 and a beta of 1.04. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.44 and a current ratio of 2.28. The firm has a fifty day moving average of $104.23 and a two-hundred day moving average of $106.15.

RPM International (NYSE:RPM) last issued its earnings results on Wednesday, April 8th. The specialty chemicals company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.20. RPM International had a net margin of 8.63% and a return on equity of 22.55%. The business had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the previous year, the firm earned $0.35 earnings per share. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. On average, analysts forecast that RPM International Inc. will post 5.46 earnings per share for the current year.

RPM International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Thursday, April 16th. RPM International’s dividend payout ratio is 41.62%.

Analyst Ratings Changes

RPM has been the topic of several research reports. Wall Street Zen raised shares of RPM International from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. UBS Group upgraded shares of RPM International from a “neutral” rating to a “buy” rating and increased their target price for the stock from $118.00 to $130.00 in a research note on Wednesday, May 27th. Weiss Ratings lowered RPM International from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, April 29th. Robert W. Baird raised RPM International from a “neutral” rating to an “outperform” rating and set a $125.00 price objective for the company in a research note on Wednesday, March 4th. Finally, Bank of America decreased their price objective on RPM International from $128.00 to $125.00 and set a “buy” rating for the company in a research report on Thursday, April 9th. Eleven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, RPM International presently has a consensus rating of “Moderate Buy” and an average price target of $127.42.

About RPM International

RPM International Inc is a global holding company whose subsidiaries specialize in the manufacture and marketing of high-performance coatings, sealants, building materials, and specialty chemicals. Through its two principal operating segments—Performance Coatings and Industrial Coatings—RPM serves a diverse range of end markets, including construction, consumer products, industrial maintenance, and specialty applications.

The company’s Performance Coatings segment offers a broad portfolio of architectural coatings, waterproofing systems, and specialty building products used by contractors, builders, and homeowners.