RPM International (NYSE:RPM – Free Report) had its price target raised by BMO Capital Markets from $143.00 to $151.00 in a research note released on Thursday,Benzinga reports. They currently have an outperform rating on the specialty chemicals company’s stock.
A number of other research firms have also recently commented on RPM. Citigroup lifted their price target on shares of RPM International from $125.00 to $128.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Morgan Stanley increased their price objective on RPM International from $118.00 to $121.00 and gave the company an “equal weight” rating in a report on Thursday, April 9th. Bank of America decreased their target price on RPM International from $128.00 to $125.00 and set a “buy” rating for the company in a research report on Thursday, April 9th. Wall Street Zen cut RPM International from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, UBS Group upgraded RPM International from a “neutral” rating to a “buy” rating and increased their price target for the stock from $118.00 to $130.00 in a research note on Wednesday, May 27th. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, RPM International presently has a consensus rating of “Moderate Buy” and an average price target of $126.00.
Read Our Latest Stock Report on RPM International
RPM International Price Performance
RPM International (NYSE:RPM – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The specialty chemicals company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.83 by $0.06. The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.18 billion. RPM International had a net margin of 8.41% and a return on equity of 22.45%. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.72 earnings per share. On average, research analysts expect that RPM International will post 6.02 EPS for the current year.
RPM International Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 14th will be paid a $0.54 dividend. The ex-dividend date is Tuesday, July 14th. This represents a $2.16 annualized dividend and a yield of 2.0%. RPM International’s dividend payout ratio (DPR) is currently 41.86%.
Institutional Investors Weigh In On RPM International
A number of institutional investors and hedge funds have recently modified their holdings of RPM. Ares Financial Consulting LLC purchased a new stake in shares of RPM International in the fourth quarter worth about $37,000. Rothschild Investment LLC grew its stake in RPM International by 2,387.0% during the fourth 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. Los Angeles Capital Management LLC bought a new stake in RPM International during the 4th quarter worth approximately $60,000. Resources Management Corp CT ADV increased its holdings 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. Finally, Commonwealth Retirement Investments LLC purchased a new stake in RPM International in the 4th quarter worth approximately $69,000. 80.95% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting RPM International
Here are the key news stories impacting RPM International this week:
- Positive Sentiment: RPM delivered record quarterly results, with revenue and earnings topping expectations, which is the main driver behind the stock’s rise. RPM International Shares Climb on Higher 4Q Sales, Upbeat Outlook
- Positive Sentiment: The company expanded its buyback program, with commentary around a $700 million repurchase plan supporting the view that management sees shares as undervalued. Is RPM International (RPM) Undervalued As Record Earnings And A $700 Million Buyback Land?
- Positive Sentiment: Bank of America raised its price target to $130 and kept a buy rating, while BMO Capital Markets lifted its target to $151 and RBC increased its target to $128, signaling continued optimism after the earnings beat.
- Neutral Sentiment: Morgan Stanley lowered its target to $117 but still kept an equal-weight rating, suggesting a more cautious view rather than a bearish one.
- Neutral Sentiment: Recent commentary from Zacks highlighted that infrastructure demand, margin gains, and acquisitions could support fiscal 2027, but inflation and weak DIY demand may limit near-term upside.
- Neutral Sentiment: An insider filing showed a non-discretionary sale tied to tax withholding, which appears routine and not necessarily a negative signal for the business.
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.
Further Reading
- Five stocks we like better than RPM International
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for RPM International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RPM International and related companies with MarketBeat.com's FREE daily email newsletter.
