Sidoti set a $54.00 price target on Schweitzer-Mauduit International (NYSE:SWM) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the stock.

Separately, Zacks Investment Research lowered Schweitzer-Mauduit International from a hold rating to a sell rating in a report on Thursday, August 9th.

Shares of SWM opened at $40.26 on Tuesday. Schweitzer-Mauduit International has a 52-week low of $38.00 and a 52-week high of $48.06. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.86 and a current ratio of 2.98. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 12.66, a price-to-earnings-growth ratio of 6.17 and a beta of 1.33.

Schweitzer-Mauduit International (NYSE:SWM) last announced its earnings results on Wednesday, August 1st. The company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.14. Schweitzer-Mauduit International had a net margin of 4.36% and a return on equity of 19.06%. The company had revenue of $270.40 million for the quarter, compared to analysts’ expectations of $265.35 million. During the same quarter in the previous year, the company posted $0.88 EPS. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. analysts forecast that Schweitzer-Mauduit International will post 3.38 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 21st. Stockholders of record on Friday, August 24th were issued a dividend of $0.43 per share. The ex-dividend date was Thursday, August 23rd. This represents a $1.72 annualized dividend and a dividend yield of 4.27%. Schweitzer-Mauduit International’s dividend payout ratio is presently 54.09%.

Several hedge funds and other institutional investors have recently bought and sold shares of SWM. Quantbot Technologies LP purchased a new position in shares of Schweitzer-Mauduit International during the 1st quarter worth $163,000. Itau Unibanco Holding S.A. purchased a new position in shares of Schweitzer-Mauduit International during the 2nd quarter worth $172,000. Amalgamated Bank purchased a new position in shares of Schweitzer-Mauduit International during the 2nd quarter worth $200,000. Financial Gravity Wealth Inc. purchased a new position in shares of Schweitzer-Mauduit International during the 1st quarter worth $205,000. Finally, Wedge Capital Management L L P NC purchased a new position in shares of Schweitzer-Mauduit International during the 2nd quarter worth $209,000. Institutional investors and hedge funds own 88.65% of the company’s stock.

About Schweitzer-Mauduit International

Schweitzer-Mauduit International, Inc, together with its subsidiaries, provides engineered solutions and advanced materials for various industries worldwide. The company operates through two segments, Engineered Papers and Advanced Materials & Structures. The Engineered Papers segment produces and sells cigarette papers, reconstituted tobacco leaf, and wrapper and binder products to cigarette and cigar manufacturers; and other non-tobacco paper products.

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