Nisa Investment Advisors LLC Has $1.96 Million Stake in RPM International Inc. (NYSE:RPM)

Nisa Investment Advisors LLC decreased its stake in shares of RPM International Inc. (NYSE:RPM) by 11.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,590 shares of the specialty chemicals company’s stock after selling 2,300 shares during the quarter. Nisa Investment Advisors LLC’s holdings in RPM International were worth $1,964,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Cornerstone Planning Group LLC lifted its holdings in shares of RPM International by 1,735.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 514 shares of the specialty chemicals company’s stock worth $49,000 after purchasing an additional 486 shares in the last quarter. Covestor Ltd lifted its holdings in shares of RPM International by 274.8% in the 3rd quarter. Covestor Ltd now owns 566 shares of the specialty chemicals company’s stock worth $54,000 after purchasing an additional 415 shares in the last quarter. Strategic Investment Solutions Inc. IL bought a new position in shares of RPM International in the 1st quarter worth $56,000. UniSuper Management Pty Ltd bought a new position in shares of RPM International in the 2nd quarter worth $81,000. Finally, WASHINGTON TRUST Co lifted its holdings in shares of RPM International by 11.2% in the 4th quarter. WASHINGTON TRUST Co now owns 1,062 shares of the specialty chemicals company’s stock worth $119,000 after purchasing an additional 107 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company’s stock.

RPM International Trading Down 1.2 %

NYSE RPM opened at $108.45 on Friday. The stock has a market capitalization of $13.96 billion, a price-to-earnings ratio of 24.99, a PEG ratio of 1.70 and a beta of 1.04. RPM International Inc. has a one year low of $78.52 and a one year high of $120.74. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.29 and a quick ratio of 1.39. The business’s fifty day moving average is $113.61 and its 200-day moving average is $106.47.

RPM International (NYSE:RPM) last announced its quarterly earnings data on Thursday, April 4th. The specialty chemicals company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. RPM International had a return on equity of 26.72% and a net margin of 7.61%. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same quarter last year, the firm posted $0.37 EPS. The firm’s revenue for the quarter was up .4% on a year-over-year basis. Equities research analysts predict that RPM International Inc. will post 4.94 EPS for the current year.

RPM International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 19th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Thursday, April 18th. RPM International’s dividend payout ratio (DPR) is currently 42.40%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. UBS Group increased their target price on RPM International from $121.00 to $122.00 and gave the stock a “neutral” rating in a report on Friday, April 5th. Mizuho raised their price objective on RPM International from $128.00 to $136.00 and gave the company a “buy” rating in a research note on Friday, April 5th. BMO Capital Markets dropped their price objective on RPM International from $127.00 to $123.00 and set an “outperform” rating on the stock in a research note on Friday, April 5th. Finally, Robert W. Baird raised their price objective on RPM International from $105.00 to $120.00 and gave the company a “neutral” rating in a research note on Friday, April 5th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, RPM International presently has a consensus rating of “Moderate Buy” and an average price target of $115.11.

Insider Buying and Selling

In related news, Director Frederick R. Nance sold 1,835 shares of RPM International stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $109.05, for a total value of $200,106.75. Following the completion of the sale, the director now owns 8,180 shares of the company’s stock, valued at approximately $892,029. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other RPM International news, VP Matthew T. Ratajczak sold 6,000 shares of RPM International stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $109.63, for a total transaction of $657,780.00. Following the completion of the transaction, the vice president now owns 23,451 shares of the company’s stock, valued at approximately $2,570,933.13. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frederick R. Nance sold 1,835 shares of RPM International stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $109.05, for a total value of $200,106.75. Following the transaction, the director now directly owns 8,180 shares of the company’s stock, valued at approximately $892,029. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.

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.