RPM International Inc. (NYSE:RPM) Shares Sold by Vaughan David Investments LLC IL

Vaughan David Investments LLC IL lessened its stake in RPM International Inc. (NYSE:RPM) by 1.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,160 shares of the specialty chemicals company’s stock after selling 550 shares during the period. Vaughan David Investments LLC IL’s holdings in RPM International were worth $4,573,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Caisse DE Depot ET Placement DU Quebec lifted its stake in RPM International by 2,975.6% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 200,742 shares of the specialty chemicals company’s stock valued at $24,290,000 after buying an additional 194,215 shares in the last quarter. Geode Capital Management LLC grew its holdings in RPM International by 5.8% during the third quarter. Geode Capital Management LLC now owns 2,656,684 shares of the specialty chemicals company’s stock valued at $320,851,000 after purchasing an additional 145,070 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in RPM International by 6.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,430,472 shares of the specialty chemicals company’s stock valued at $176,034,000 after purchasing an additional 87,540 shares during the last quarter. Forsta AP Fonden grew its holdings in RPM International by 166.7% during the third quarter. Forsta AP Fonden now owns 68,800 shares of the specialty chemicals company’s stock valued at $8,325,000 after purchasing an additional 43,000 shares during the last quarter. Finally, Boston Trust Walden Corp boosted its position in shares of RPM International by 3.2% in the fourth quarter. Boston Trust Walden Corp now owns 509,601 shares of the specialty chemicals company’s stock valued at $62,712,000 after acquiring an additional 15,602 shares during the period. Institutional investors own 80.95% of the company’s stock.

RPM International Stock Down 0.6 %

RPM stock opened at $120.48 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.23 and a quick ratio of 1.46. The firm’s fifty day simple moving average is $124.15 and its 200-day simple moving average is $126.05. RPM International Inc. has a 12 month low of $103.68 and a 12 month high of $141.79. The company has a market capitalization of $15.49 billion, a P/E ratio of 23.81, a price-to-earnings-growth ratio of 1.97 and a beta of 1.01.

RPM International (NYSE:RPM) last issued its earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.05. RPM International had a net margin of 8.89% and a return on equity of 26.76%. The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.79 billion. During the same period in the prior year, the business earned $1.22 earnings per share. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. As a group, equities research analysts forecast that RPM International Inc. will post 5.5 earnings per share for the current year.

RPM International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.69%. The ex-dividend date was Friday, January 17th. RPM International’s payout ratio is 40.32%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. cut their price objective on RPM International from $126.00 to $124.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Evercore ISI raised RPM International to a “strong-buy” rating in a report on Tuesday, January 21st. UBS Group upped their target price on RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th. StockNews.com raised RPM International from a “hold” rating to a “buy” rating in a report on Monday, January 6th. Finally, Mizuho cut their price objective on RPM International from $150.00 to $140.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. Five analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price 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.