RPM International (NYSE:RPM – Free Report) had its target price reduced by Bank of America from $128.00 to $125.00 in a report published on Thursday morning,Benzinga reports. Bank of America currently has a buy rating on the specialty chemicals company’s stock.
A number of other brokerages have also commented on RPM. UBS Group cut their price target on RPM International from $119.00 to $108.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of RPM International in a research note on Friday, March 27th. KeyCorp reaffirmed a “sector weight” rating on shares of RPM International in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft cut their price objective on RPM International from $138.00 to $126.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Finally, Robert W. Baird raised RPM International from a “neutral” rating to an “outperform” rating and set a $125.00 price objective on the stock in a research note on Wednesday, March 4th. Ten equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.75.
Check Out Our Latest Research Report on RPM
RPM International Stock Performance
RPM International (NYSE:RPM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 8th. The specialty chemicals company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.20. RPM International had a return on equity of 22.55% and a net margin of 8.63%.The firm had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.55 billion. During the same period last year, the firm posted $0.35 earnings per share. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. Equities research analysts forecast that RPM International will post 5.5 EPS for the current year.
RPM International Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be paid a $0.54 dividend. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $2.16 annualized dividend and a yield of 1.9%. RPM International’s payout ratio is 41.62%.
Insider Transactions at RPM International
In other RPM International news, VP Timothy R. Kinser sold 3,441 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $110.31, for a total value of $379,576.71. Following the transaction, the vice president directly owned 21,248 shares of the company’s stock, valued at approximately $2,343,866.88. The trade was a 13.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.60% of the company’s stock.
Hedge Funds Weigh In On RPM International
Institutional investors have recently added to or reduced their stakes in the business. Fairway Wealth LLC lifted its stake in RPM International by 4.4% in the third quarter. Fairway Wealth LLC now owns 224,336 shares of the specialty chemicals company’s stock valued at $26,445,000 after buying an additional 9,409 shares during the period. Boston Trust Walden Corp lifted its stake in RPM International by 8.5% in the third quarter. Boston Trust Walden Corp now owns 652,716 shares of the specialty chemicals company’s stock valued at $76,942,000 after buying an additional 51,152 shares during the period. Pacer Advisors Inc. lifted its stake in RPM International by 242.2% in the third quarter. Pacer Advisors Inc. now owns 19,768 shares of the specialty chemicals company’s stock valued at $2,330,000 after buying an additional 13,992 shares during the period. Tredje AP fonden lifted its stake in RPM International by 90.4% in the third quarter. Tredje AP fonden now owns 21,890 shares of the specialty chemicals company’s stock valued at $2,580,000 after buying an additional 10,393 shares during the period. Finally, SG Americas Securities LLC lifted its stake in RPM International by 1,863.4% in the fourth quarter. SG Americas Securities LLC now owns 45,257 shares of the specialty chemicals company’s stock valued at $4,707,000 after buying an additional 42,952 shares during the period. 80.95% of the stock is owned by institutional investors and hedge funds.
RPM International News Summary
Here are the key news stories impacting RPM International this week:
- Positive Sentiment: Record Q3 results: RPM reported $0.57 EPS vs. $0.37 consensus and $1.61B revenue (vs. $1.55B est.), with record adjusted EBIT, margin improvement and 8.9% YoY revenue growth — the operational beat and margin upside are the primary catalysts for the rally. Business Wire: Q3 Results
- Positive Sentiment: Strong market reaction and momentum: coverage highlights a >10–15% post‑earnings surge and renewed technical support, attracting institutional buyers and re-rating speculation. MarketBeat: Blowout Quarter Sparks Rally
- Positive Sentiment: Analyst price-target lift from Morgan Stanley: MS raised its target to $121 (equal‑weight), signaling modest analyst confidence that supports upside narrative. TickerReport / Benzinga
- Neutral Sentiment: Bank of America keeps a Buy rating but trims its target from $128 to $125 — still implies upside but is a modest pullback in expectations. Benzinga: BofA Target Change
- Neutral Sentiment: Company actions and disclosures: RPM posted its earnings slide deck and call transcript and announced leadership changes in its Consumer group — useful for longer‑term diligence but not immediate catalysts. Q3 Slide Deck Leadership Release
- Negative Sentiment: Valuation concerns and cautious commentary: several analysts and commentators (Seeking Alpha, TipRanks) argue RPM may still be fully valued despite quality results — they note the multiple and that further operational progress or guidance upgrades are needed to justify higher targets. Seeking Alpha: Self-Help Needs More TipRanks: Rising Risks
RPM International Company Profile
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.
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