Boston Trust Walden Corp Sells 4,928 Shares of RPM International Inc. $RPM

Boston Trust Walden Corp cut its holdings in RPM International Inc. (NYSE:RPM) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 647,788 shares of the specialty chemicals company’s stock after selling 4,928 shares during the quarter. Boston Trust Walden Corp owned about 0.51% of RPM International worth $67,370,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Versant Capital Management Inc raised its holdings in RPM International by 48.6% in the third quarter. Versant Capital Management Inc now owns 275 shares of the specialty chemicals company’s stock worth $32,000 after purchasing an additional 90 shares during the period. Lazard Asset Management LLC raised its holdings in RPM International by 5.8% in the second quarter. Lazard Asset Management LLC now owns 1,685 shares of the specialty chemicals company’s stock worth $184,000 after purchasing an additional 93 shares during the period. Archer Investment Corp raised its holdings in RPM International by 3.1% in the third quarter. Archer Investment Corp now owns 3,598 shares of the specialty chemicals company’s stock worth $424,000 after purchasing an additional 108 shares during the period. EverSource Wealth Advisors LLC raised its holdings in RPM International by 21.2% in the third quarter. EverSource Wealth Advisors LLC now owns 617 shares of the specialty chemicals company’s stock worth $73,000 after purchasing an additional 108 shares during the period. Finally, First American Bank raised its holdings in RPM International by 4.9% in the fourth quarter. First American Bank now owns 2,360 shares of the specialty chemicals company’s stock worth $245,000 after purchasing an additional 110 shares during the period. 80.95% of the stock is currently owned by institutional investors and hedge funds.

RPM International Trading Down 2.3%

Shares of NYSE:RPM opened at $107.22 on Wednesday. RPM International Inc. has a 12 month low of $92.92 and a 12 month high of $129.12. The company has a quick ratio of 1.44, a current ratio of 2.28 and a debt-to-equity ratio of 0.81. The company’s fifty day simple moving average is $106.12 and its 200 day simple moving average is $107.67. The firm has a market cap of $13.68 billion, a price-to-earnings ratio of 20.66, a PEG ratio of 2.82 and a beta of 1.10.

RPM International (NYSE:RPM) last issued its quarterly earnings data on Wednesday, April 8th. The specialty chemicals company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.20. RPM International had a net margin of 8.63% and a return on equity of 22.55%. The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.55 billion. During the same period last year, the business posted $0.35 earnings per share. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. As a group, research analysts forecast that RPM International Inc. will post 5.43 EPS for the current fiscal year.

RPM International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, April 16th. RPM International’s dividend payout ratio (DPR) is presently 41.62%.

Wall Street Analyst Weigh In

RPM has been the topic of several analyst reports. Wall Street Zen upgraded shares of RPM International from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. KeyCorp reiterated a “sector weight” rating on shares of RPM International in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft cut their target price on shares of RPM International from $138.00 to $126.00 and set a “buy” rating on the stock in a report on Monday, January 12th. BMO Capital Markets cut their target price on shares of RPM International from $149.00 to $148.00 and set an “outperform” rating on the stock in a report on Monday, April 13th. Finally, Mizuho cut their target price on shares of RPM International from $120.00 to $111.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $126.33.

RPM International 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.