RPM International Inc. (NYSE:RPM) Given Average Rating of “Hold” by Brokerages

Shares of RPM International Inc. (NYSE:RPM) have been given a consensus rating of “Hold” by the eight ratings firms that are covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $122.22.

Several equities analysts have recently issued reports on RPM shares. JPMorgan Chase & Co. cut RPM International from an “overweight” rating to a “neutral” rating and set a $120.00 price objective for the company. in a research note on Friday, July 26th. BMO Capital Markets decreased their price objective on shares of RPM International from $140.00 to $139.00 and set an “outperform” rating for the company in a research report on Tuesday, August 27th. StockNews.com raised RPM International from a “hold” rating to a “buy” rating in a report on Thursday, September 26th. UBS Group dropped their price target on shares of RPM International from $122.00 to $117.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 9th. Finally, Mizuho decreased their target price on RPM International from $136.00 to $134.00 and set an “outperform” rating for the company in a research report on Friday, July 26th.

Insider Buying and Selling

In other RPM International news, CEO Frank C. Sullivan sold 57,083 shares of the stock in a transaction on Friday, August 16th. The stock was sold at an average price of $116.06, for a total transaction of $6,625,052.98. Following the sale, the chief executive officer now owns 1,039,040 shares in the company, valued at approximately $120,590,982.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, VP Matthew T. Ratajczak sold 1,452 shares of RPM International stock in a transaction on Monday, July 29th. The stock was sold at an average price of $117.79, for a total value of $171,031.08. Following the completion of the sale, the vice president now owns 24,339 shares of the company’s stock, valued at $2,866,890.81. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Frank C. Sullivan sold 57,083 shares of the company’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $116.06, for a total value of $6,625,052.98. Following the completion of the transaction, the chief executive officer now owns 1,039,040 shares of the company’s stock, valued at $120,590,982.40. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Institutional Trading of RPM International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Strategic Investment Solutions Inc. IL purchased a new stake in RPM International in the second quarter valued at approximately $71,000. 3Chopt Investment Partners LLC acquired a new position in shares of RPM International in the 2nd quarter valued at $315,000. Pacer Advisors Inc. grew its stake in shares of RPM International by 9,945.2% during the 2nd quarter. Pacer Advisors Inc. now owns 1,949,479 shares of the specialty chemicals company’s stock valued at $209,920,000 after buying an additional 1,930,072 shares during the period. One Capital Management LLC increased its holdings in shares of RPM International by 25.3% during the 2nd quarter. One Capital Management LLC now owns 101,724 shares of the specialty chemicals company’s stock worth $10,954,000 after buying an additional 20,556 shares during the last quarter. Finally, Plato Investment Management Ltd raised its position in shares of RPM International by 2.5% in the 2nd quarter. Plato Investment Management Ltd now owns 17,319 shares of the specialty chemicals company’s stock worth $1,865,000 after buying an additional 415 shares during the period. Hedge funds and other institutional investors own 80.95% of the company’s stock.

RPM International Stock Down 0.8 %

RPM International stock opened at $119.99 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.32 and a current ratio of 1.97. The company has a market capitalization of $15.45 billion, a PE ratio of 27.65, a price-to-earnings-growth ratio of 1.84 and a beta of 1.00. RPM International has a fifty-two week low of $88.84 and a fifty-two week high of $125.35. The firm has a 50 day moving average price of $117.74 and a 200 day moving average price of $113.61.

RPM International (NYSE:RPM) last posted its quarterly earnings data on Thursday, July 25th. The specialty chemicals company reported $1.56 EPS for the quarter, meeting the consensus estimate of $1.56. RPM International had a net margin of 8.02% and a return on equity of 26.80%. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same quarter last year, the firm posted $1.36 earnings per share. The business’s revenue for the quarter was down .4% compared to the same quarter last year. Research analysts expect that RPM International will post 5.51 earnings per share for the current year.

About RPM International

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.