Q3 EPS Estimate for RPM International Decreased by Analyst

RPM International Inc. (NYSE:RPM) – Investment analysts at Zacks Research cut their Q3 2027 EPS estimates for shares of RPM International in a research report issued on Wednesday, October 15th. Zacks Research analyst Team now anticipates that the specialty chemicals company will earn $0.60 per share for the quarter, down from their prior estimate of $0.78. The consensus estimate for RPM International’s current full-year earnings is $5.50 per share.

A number of other analysts have also recently commented on RPM. Morgan Stanley upped their price target on shares of RPM International from $113.00 to $124.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. BMO Capital Markets increased their target price on shares of RPM International from $140.00 to $152.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of RPM International in a research note on Wednesday, October 8th. Royal Bank Of Canada lowered their target price on shares of RPM International from $125.00 to $121.00 and set a “sector perform” rating on the stock in a research note on Monday, October 6th. Finally, Bank of America upgraded shares of RPM International from a “neutral” rating to a “buy” rating and increased their target price for the stock from $126.00 to $129.00 in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, RPM International has an average rating of “Moderate Buy” and an average price target of $130.70.

RPM International Stock Performance

Shares of RPM stock opened at $111.90 on Friday. The stock has a market capitalization of $14.35 billion, a P/E ratio of 20.92, a PEG ratio of 2.04 and a beta of 1.03. The company has a current ratio of 2.26, a quick ratio of 1.51 and a debt-to-equity ratio of 0.87. The firm’s 50 day moving average is $120.96 and its 200 day moving average is $114.62. RPM International has a 12 month low of $95.28 and a 12 month high of $141.79.

RPM International (NYSE:RPM) last announced its quarterly earnings results on Wednesday, October 1st. The specialty chemicals company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $0.01. The company had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.05 billion. RPM International had a net margin of 9.16% and a return on equity of 24.22%. RPM International’s revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.84 EPS.

RPM International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, October 20th will be given a dividend of $0.54 per share. This is an increase from RPM International’s previous quarterly dividend of $0.51. The ex-dividend date is Monday, October 20th. This represents a $2.16 annualized dividend and a dividend yield of 1.9%. RPM International’s dividend payout ratio is 38.13%.

Insider Buying and Selling at RPM International

In other news, Director Frederick R. Nance sold 1,000 shares of the firm’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $119.36, for a total transaction of $119,360.00. Following the sale, the director owned 7,394 shares in the company, valued at approximately $882,547.84. This trade represents a 11.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.60% of the company’s stock.

Institutional Trading of RPM International

Several institutional investors and hedge funds have recently made changes to their positions in RPM. Fairway Wealth LLC raised its position in shares of RPM International by 50,413.3% during the 1st quarter. Fairway Wealth LLC now owns 220,743 shares of the specialty chemicals company’s stock valued at $25,536,000 after buying an additional 220,306 shares in the last quarter. Boston Trust Walden Corp raised its position in shares of RPM International by 18.1% during the 2nd quarter. Boston Trust Walden Corp now owns 601,564 shares of the specialty chemicals company’s stock valued at $66,076,000 after buying an additional 92,358 shares in the last quarter. Achmea Investment Management B.V. raised its position in shares of RPM International by 94.7% during the 1st quarter. Achmea Investment Management B.V. now owns 142,187 shares of the specialty chemicals company’s stock valued at $16,448,000 after buying an additional 69,153 shares in the last quarter. California State Teachers Retirement System grew its holdings in shares of RPM International by 21.7% during the 2nd quarter. California State Teachers Retirement System now owns 355,934 shares of the specialty chemicals company’s stock valued at $39,096,000 after purchasing an additional 63,532 shares during the last quarter. Finally, ABN Amro Investment Solutions bought a new position in shares of RPM International during the 2nd quarter valued at $6,553,000. Hedge funds and other institutional investors own 80.95% of the company’s stock.

RPM International Company 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.