Plato Investment Management Ltd Buys Shares of 30,857 RPM International Inc. $RPM

Plato Investment Management Ltd acquired a new position in shares of RPM International Inc. (NYSE:RPM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 30,857 shares of the specialty chemicals company’s stock, valued at approximately $3,410,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ares Financial Consulting LLC acquired a new position in shares of RPM International in the 4th quarter valued at approximately $37,000. Los Angeles Capital Management LLC acquired a new stake in shares of RPM International in the fourth quarter valued at approximately $60,000. Rothschild Investment LLC raised its holdings in shares of RPM International by 2,387.0% in the fourth quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock valued at $59,000 after purchasing an additional 549 shares during the last quarter. Resources Management Corp CT ADV lifted its position in shares of RPM International by 21,566.7% in the fourth quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company’s stock worth $68,000 after purchasing an additional 647 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC bought a new stake in shares of RPM International in the fourth quarter worth $69,000. 80.95% of the stock is owned by institutional investors and hedge funds.

More RPM International News

Here are the key news stories impacting RPM International this week:

• Positive Sentiment: Zacks raised its fiscal 2029 EPS estimate to $7.09, suggesting longer-term earnings expansion from the current full-year consensus estimate of $6.02.
• Positive Sentiment: The firm increased its Q1 fiscal 2027 EPS forecast to $1.96 from $1.93 and lifted its Q3 fiscal 2027 estimate to $0.63 from $0.58.
• Positive Sentiment: Zacks also raised its Q4 fiscal 2028 forecast to $2.35 from $2.34, providing some support for the longer-term outlook. RPM International stock information

Analysts Set New Price Targets

Several brokerages have recently weighed in on RPM. Citigroup raised their price objective on RPM International from $125.00 to $128.00 and gave the company a “buy” rating in a report on Friday, May 29th. Royal Bank Of Canada increased their price target on RPM International from $126.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Bank of America raised their price target on RPM International from $129.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings restated a “hold (c)” rating on shares of RPM International in a research note on Friday, July 24th. Finally, Wall Street Zen upgraded shares of RPM International from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Ten research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $126.00.

RPM International Stock Down 0.1%

RPM International stock opened at $113.75 on Monday. The stock has a market cap of $14.53 billion, a P/E ratio of 22.04, a P/E/G ratio of 2.33 and a beta of 1.04. The company’s 50-day moving average price is $108.84 and its two-hundred day moving average price is $106.61. The company has a quick ratio of 1.16, a current ratio of 1.68 and a debt-to-equity ratio of 0.64. RPM International Inc. has a twelve month low of $92.92 and a twelve month high of $129.12.

RPM International (NYSE:RPM) last released its quarterly earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.06. RPM International had a return on equity of 22.45% and a net margin of 8.41%.The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the previous year, the company posted $1.72 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. As a group, analysts expect that RPM International Inc. will post 6 EPS for the current year.

RPM International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 14th were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 1.9%. The ex-dividend date was Tuesday, July 14th. RPM International’s payout ratio is currently 41.86%.

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.