One Capital Management LLC Increases Stock Position in RPM International Inc. $RPM

One Capital Management LLC lifted its holdings in RPM International Inc. (NYSE:RPM) by 6.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 127,419 shares of the specialty chemicals company’s stock after buying an additional 7,753 shares during the period. One Capital Management LLC owned about 0.10% of RPM International worth $13,252,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Lazard Asset Management LLC increased its holdings in shares of RPM International by 5.8% in the 2nd quarter. Lazard Asset Management LLC now owns 1,685 shares of the specialty chemicals company’s stock worth $184,000 after buying an additional 93 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 worth $73,000 after buying an additional 108 shares during the last quarter. LRI Investments LLC increased its holdings in shares of RPM International by 6.6% in the 4th quarter. LRI Investments LLC now owns 1,752 shares of the specialty chemicals company’s stock worth $182,000 after buying an additional 108 shares during the last quarter. First American Bank increased its holdings in shares of RPM International by 4.9% in the 4th quarter. First American Bank now owns 2,360 shares of the specialty chemicals company’s stock worth $245,000 after buying an additional 110 shares during the last quarter. Finally, Beese Fulmer Investment Management Inc. increased its holdings in shares of RPM International by 2.0% in the 4th quarter. Beese Fulmer Investment Management Inc. now owns 5,894 shares of the specialty chemicals company’s stock worth $613,000 after buying an additional 114 shares during the last quarter. 80.95% of the stock is currently owned by institutional investors.

RPM International Stock Performance

Shares of NYSE:RPM opened at $104.68 on Tuesday. The company has a market capitalization of $13.36 billion, a price-to-earnings ratio of 20.17, a PEG ratio of 2.70 and a beta of 1.04. RPM International Inc. has a 12 month low of $92.92 and a 12 month high of $129.12. The firm’s 50-day moving average is $101.87 and its 200 day moving average is $105.92. The company has a current ratio of 2.28, a quick ratio of 1.44 and a debt-to-equity ratio of 0.81.

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

RPM International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Thursday, April 16th. RPM International’s dividend payout ratio is currently 41.62%.

Wall Street Analysts Forecast Growth

RPM has been the topic of a number of research reports. UBS Group upgraded shares of RPM International from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $118.00 to $130.00 in a report on Wednesday, May 27th. Zacks Research upgraded shares of RPM International from a “strong sell” rating to a “hold” rating in a report on Thursday, April 9th. Mizuho reduced their target price on shares of RPM International from $120.00 to $111.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. BMO Capital Markets reduced their target price on shares of RPM International from $149.00 to $148.00 and set an “outperform” rating on the stock in a report on Monday, April 13th. Finally, Royal Bank Of Canada boosted their target price on shares of RPM International from $126.00 to $130.00 and gave the stock an “outperform” rating in a report on Monday, April 13th. Eleven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $127.42.

RPM International Profile

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.