9,015 Shares in RPM International Inc. $RPM Purchased by Jupiter Topco LLC

Jupiter Topco LLC bought a new stake in shares of RPM International Inc. (NYSE:RPM) in the second quarter, Holdings Channel.com reports. The firm bought 9,015 shares of the specialty chemicals company’s stock, valued at approximately $1,002,000.

Several other large investors also recently made changes to their positions in the company. Danske Bank A S acquired a new position in shares of RPM International during the second quarter worth approximately $47,000. Los Angeles Capital Management LLC acquired a new stake in RPM International in the 4th quarter valued at approximately $60,000. Rothschild Investment LLC raised its stake in RPM International by 2,387.0% during the 4th quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock valued at $59,000 after acquiring an additional 549 shares in the last quarter. Castleark Management LLC bought a new stake in RPM International during the 2nd quarter valued at $64,000. Finally, Resources Management Corp CT ADV boosted its position in RPM International by 21,566.7% during the 4th quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company’s stock worth $68,000 after acquiring an additional 647 shares during the period. Institutional investors and hedge funds own 80.95% of the company’s stock.

Analyst Ratings Changes

RPM has been the subject of several recent analyst reports. BMO Capital Markets increased their price target on RPM International from $143.00 to $151.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. UBS Group raised shares of RPM International from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $118.00 to $130.00 in a report on Wednesday, May 27th. Bank of America increased their target price on shares of RPM International from $129.00 to $130.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Wall Street Zen cut shares of RPM International from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of RPM International in a research report on Friday, July 24th. Ten investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $126.00.

RPM International Trading Up 2.1%

Shares of RPM International stock opened at $105.64 on Friday. The business has a fifty day simple moving average of $108.53 and a 200-day simple moving average of $105.98. RPM International Inc. has a fifty-two week low of $92.92 and a fifty-two week high of $128.51. The firm has a market cap of $13.48 billion, a price-to-earnings ratio of 20.47, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The company has a quick ratio of 1.16, a current ratio of 1.68 and a debt-to-equity ratio of 0.64.

RPM International (NYSE:RPM) last released its earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.06. RPM International had a return on equity of 22.45% and a net margin of 8.41%.The firm had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period in the previous year, the company earned $1.72 earnings per share. RPM International’s revenue was up 7.2% compared to the same quarter last year. On average, equities analysts forecast that RPM International Inc. will post 6 EPS for the current fiscal year.

RPM International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 14th were paid a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, July 14th. This represents a $2.16 annualized dividend and a dividend yield of 2.0%. RPM International’s payout ratio is currently 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.