Citigroup Cuts RPM International (NYSE:RPM) Price Target to $116.00

RPM International (NYSE:RPM) had its target price lowered by equities researchers at Citigroup from $128.00 to $116.00 in a research report issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the specialty chemicals company’s stock. Citigroup’s price target would suggest a potential upside of 18.26% from the stock’s current price.

Several other research firms have also issued reports on RPM. Wells Fargo & Company cut their price target on shares of RPM International from $135.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday. BMO Capital Markets raised their price objective on RPM International from $143.00 to $151.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. KeyCorp started coverage on RPM International in a research note on Friday, September 11th. They set an “overweight” rating and a $123.00 target price on the stock. Morgan Stanley decreased their price target on RPM International from $117.00 to $114.00 and set an “equal weight” rating for the company in a research note on Monday, September 28th. Finally, Bank of America boosted their price target on RPM International from $129.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.31.

RPM International Stock Down 0.2%

Shares of RPM stock traded down $0.22 during mid-day trading on Wednesday, hitting $98.09. 1,488,056 shares of the stock traded hands, compared to its average volume of 1,071,609. RPM International has a 52-week low of $92.92 and a 52-week high of $121.78. The stock has a market cap of $12.51 billion, a P/E ratio of 19.01, a P/E/G ratio of 1.95 and a beta of 1.05. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.68 and a quick ratio of 1.16. The stock’s fifty day moving average is $105.51 and its two-hundred day moving average is $104.59.

RPM International (NYSE:RPM) last issued its quarterly earnings data on Tuesday, October 6th. The specialty chemicals company reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $0.03. RPM International had a net margin of 8.41% and a return on equity of 22.45%. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the previous year, the firm earned $1.88 EPS. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. Equities analysts predict that RPM International will post 5.96 EPS for the current year.

Institutional Trading of RPM International

Large investors have recently added to or reduced their stakes in the company. Segall Bryant & Hamill LLC acquired a new position in RPM International during the first quarter valued at $6,963,000. BlackRock Inc. purchased a new position in shares of RPM International during the 2nd quarter valued at about $1,456,684,000. Plato Investment Management Ltd acquired a new position in shares of RPM International in the 2nd quarter valued at about $3,410,000. Commerzbank Aktiengesellschaft FI acquired a new position in shares of RPM International in the 2nd quarter valued at about $1,653,000. Finally, Man Group plc purchased a new stake in shares of RPM International in the second quarter worth about $1,833,000. Hedge funds and other institutional investors own 80.95% of the company’s stock.

Key RPM International News

Here are the key news stories impacting RPM International this week:

• Positive Sentiment: Quarterly earnings beat expectations: RPM reported fiscal Q1 2027 adjusted EPS of $1.98, above the $1.95 consensus and up from $1.88 a year earlier. Revenue increased 4.8% year over year to $2.22 billion, while adjusted EBITDA reached a record $405.5 million. RPM Reports Record Fiscal 2027 First-Quarter Results
• Positive Sentiment: Growth and capital returns remain attractive: Emerging-market demand and strength in performance coatings helped drive sales growth. Rising free cash flow, ongoing buybacks and RPM’s dividend-growth record could support investor interest, particularly with the shares trading below most published analyst targets. RPM International’s Dividend King Status Just Got Stronger
• Positive Sentiment: FY2027 outlook remains constructive: Management continued to signal sales growth for the fiscal year, with margin improvement expected as pricing and cost actions offset earlier pressure from raw-material inflation.
• Neutral Sentiment: RBC remains bullish but lowered its target: Royal Bank of Canada cut its RPM price target from $128 to $120 while maintaining an “outperform” rating. The revised target still implies substantial potential appreciation from current levels. RPM International price target update
• Negative Sentiment: Housing and construction demand remain risks: The CEO said housing turnover is at a 40-year low and is unlikely to improve soon. Weak DIY activity, softer construction demand and near-term raw-material cost pressure could constrain growth and margins. RPM CEO Sounds Housing Alarm

RPM International Company Profile

RPM International Inc is a multinational manufacturer of specialty coatings, sealants, building materials and related products. The company serves the construction, industrial, automotive, marine and consumer markets through a portfolio of businesses that develop products for protecting, repairing, maintaining and enhancing surfaces and structures.

Its brands and businesses include Rust-Oleum consumer and industrial coatings, DAP caulks and sealants, Tremco and Euclid Chemical construction products, Carboline protective coatings, Stonhard seamless flooring systems and Flowcrete flooring products.