14,669 Shares in RPM International Inc. $RPM Bought by Callan Family Office LLC

Callan Family Office LLC acquired a new position in RPM International Inc. (NYSE:RPM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,669 shares of the specialty chemicals company’s stock, valued at approximately $1,630,000.

A number of other institutional investors have also recently bought and sold shares of RPM. Ares Financial Consulting LLC purchased a new stake in shares of RPM International during the 4th quarter valued at $37,000. Danske Bank A S purchased a new position in shares of RPM International in the 2nd quarter worth about $47,000. Los Angeles Capital Management LLC purchased a new position in shares of RPM International in the 4th quarter worth about $60,000. Rothschild Investment LLC grew its position in RPM International by 2,387.0% during the fourth quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock valued at $59,000 after buying an additional 549 shares during the period. Finally, Resources Management Corp CT ADV grew its position in RPM International by 21,566.7% during the fourth quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company’s stock valued at $68,000 after buying an additional 647 shares during the period. Institutional investors own 80.95% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on RPM shares. Royal Bank Of Canada lifted their price objective on shares of RPM International from $126.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Morgan Stanley reduced their target price on shares of RPM International from $121.00 to $117.00 and set an “equal weight” rating for the company in a research report on Thursday, July 23rd. Citigroup raised their price target on shares of RPM International from $125.00 to $128.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. UBS Group raised shares of RPM International from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $118.00 to $130.00 in a report on Wednesday, May 27th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of RPM International in a research note on Friday, July 24th. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, RPM International has a consensus rating of “Moderate Buy” and an average target price of $126.00.

RPM International Trading Up 0.1%

NYSE:RPM opened at $108.78 on Monday. RPM International Inc. has a 1 year low of $92.92 and a 1 year high of $129.12. The stock’s fifty day moving average price is $109.29 and its two-hundred day moving average price is $106.74. 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 company has a market cap of $13.90 billion, a P/E ratio of 21.08, a P/E/G ratio of 2.22 and a beta of 1.04.

RPM International (NYSE:RPM) last announced its quarterly earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.06. RPM International had a return on equity of 22.45% and a net margin of 8.41%.The company had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.18 billion. During the same period in the previous year, the business earned $1.72 earnings per share. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. As a group, analysts expect that RPM International Inc. will post 6 EPS for the current year.

RPM International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 14th were issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, July 14th. RPM International’s payout ratio is presently 41.86%.

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.