First Hawaiian Bank Has $602,000 Stock Holdings in RPM International Inc. (NYSE:RPM)

First Hawaiian Bank cut its position in RPM International Inc. (NYSE:RPM) by 25.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,888 shares of the specialty chemicals company’s stock after selling 1,655 shares during the quarter. First Hawaiian Bank’s holdings in RPM International were worth $602,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV grew its stake in shares of RPM International by 61.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 215 shares of the specialty chemicals company’s stock valued at $26,000 after buying an additional 82 shares during the period. Christopher J. Hasenberg Inc acquired a new stake in shares of RPM International in the 3rd quarter valued at about $35,000. Eastern Bank acquired a new stake in shares of RPM International in the 3rd quarter valued at about $41,000. UMB Bank n.a. grew its stake in shares of RPM International by 369.7% in the 3rd quarter. UMB Bank n.a. now owns 357 shares of the specialty chemicals company’s stock valued at $43,000 after buying an additional 281 shares during the period. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of RPM International in the 2nd quarter valued at about $45,000. 80.95% of the stock is currently owned by institutional investors and hedge funds.

RPM International Price Performance

RPM International stock opened at $120.59 on Friday. RPM International Inc. has a 52 week low of $103.63 and a 52 week high of $141.79. The company’s 50 day moving average price is $131.36 and its two-hundred day moving average price is $123.12. The company has a quick ratio of 1.48, a current ratio of 2.26 and a debt-to-equity ratio of 0.77. The stock has a market cap of $15.52 billion, a P/E ratio of 25.28, a P/E/G ratio of 1.98 and a beta of 1.02.

RPM International (NYSE:RPM) last posted its quarterly earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.05. The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.79 billion. RPM International had a net margin of 8.43% and a return on equity of 26.82%. RPM International’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.22 EPS. On average, equities analysts predict that RPM International Inc. will post 5.56 earnings per share for the current year.

RPM International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a $0.51 dividend. The ex-dividend date is Friday, January 17th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.69%. RPM International’s dividend payout ratio (DPR) is presently 40.32%.

Insider Buying and Selling

In related news, VP Tracy D. Crandall sold 3,718 shares of RPM International stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of $133.71, for a total value of $497,133.78. Following the sale, the vice president now owns 22,738 shares of the company’s stock, valued at approximately $3,040,297.98. The trade was a 14.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Frederick R. Nance sold 594 shares of RPM International stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $135.47, for a total transaction of $80,469.18. Following the completion of the sale, the director now directly owns 8,526 shares in the company, valued at $1,155,017.22. This trade represents a 6.51 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,927 shares of company stock valued at $1,037,214. 1.60% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on RPM shares. BMO Capital Markets reiterated an “outperform” rating and set a $149.00 price target (up previously from $139.00) on shares of RPM International in a research note on Thursday, October 3rd. Deutsche Bank Aktiengesellschaft lifted their price target on RPM International from $132.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Wells Fargo & Company upgraded RPM International from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $134.00 to $140.00 in a research note on Wednesday. Mizuho cut their price target on RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, JPMorgan Chase & Co. cut their price target on RPM International from $126.00 to $124.00 and set a “neutral” rating for the company in a research note on Wednesday. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $132.00.

RPM International Profile

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.