Curio Wealth LLC Buys New Shares in RPM International Inc. (NYSE:RPM)

Curio Wealth LLC bought a new stake in shares of RPM International Inc. (NYSE:RPM) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 660 shares of the specialty chemicals company’s stock, valued at approximately $81,000.

Other large investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in RPM International during the 3rd quarter valued at $1,295,000. Toronto Dominion Bank raised its stake in RPM International by 33.0% during the 3rd quarter. Toronto Dominion Bank now owns 16,384 shares of the specialty chemicals company’s stock valued at $1,982,000 after purchasing an additional 4,062 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in RPM International by 9.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 96,692 shares of the specialty chemicals company’s stock valued at $11,899,000 after purchasing an additional 8,725 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec raised its stake in RPM International by 2,975.6% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 200,742 shares of the specialty chemicals company’s stock valued at $24,290,000 after purchasing an additional 194,215 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of RPM International by 5.8% in the third quarter. Geode Capital Management LLC now owns 2,656,684 shares of the specialty chemicals company’s stock valued at $320,851,000 after purchasing an additional 145,070 shares in the last quarter. 80.95% of the stock is currently owned by institutional investors and hedge funds.

RPM International Stock Up 0.5 %

NYSE RPM opened at $116.08 on Monday. The firm has a market cap of $14.92 billion, a PE ratio of 22.94, a price-to-earnings-growth ratio of 1.97 and a beta of 1.00. RPM International Inc. has a one year low of $103.69 and a one year high of $141.79. The stock’s 50 day simple moving average is $123.12 and its 200 day simple moving average is $126.63. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.23 and a quick ratio of 1.46.

RPM International (NYSE:RPM) last released its quarterly earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.05. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.79 billion. RPM International had a return on equity of 26.76% and a net margin of 8.89%. RPM International’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.22 EPS. As a group, sell-side analysts forecast that RPM International Inc. will post 5.5 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date was Friday, January 17th. RPM International’s dividend payout ratio is currently 40.32%.

Analysts Set New Price Targets

RPM has been the subject of a number of recent research reports. Mizuho cut their target price on RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday, January 8th. UBS Group upped their target price on RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a research note on Thursday, December 19th. StockNews.com lowered RPM International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. cut their target price on RPM International from $126.00 to $124.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Finally, Evercore ISI upgraded RPM International to a “strong-buy” rating in a research report on Tuesday, January 21st. Six analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, RPM International has an average rating of “Moderate Buy” and a consensus target price of $132.00.

RPM International 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.