RPM International (NYSE:RPM – Free Report) had its price objective boosted by Royal Bank Of Canada from $126.00 to $128.00 in a research report released on Thursday morning,Benzinga reports. They currently have an outperform rating on the specialty chemicals company’s stock.
Several other equities analysts have also commented on the company. UBS Group raised RPM International from a “neutral” rating to a “buy” rating and raised their price objective for the company from $118.00 to $130.00 in a research report on Wednesday, May 27th. Weiss Ratings downgraded shares of RPM International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, April 29th. Morgan Stanley increased their price target on shares of RPM International from $118.00 to $121.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. Zacks Research raised shares of RPM International from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 9th. Finally, Citigroup boosted their price objective on shares of RPM International from $125.00 to $128.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.58.
View Our Latest Stock Report on RPM
RPM International Stock Down 2.8%
RPM International (NYSE:RPM – Get Free Report) last released its earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.06. RPM International had a return on equity of 22.45% and a net margin of 8.41%.The company had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.18 billion. During the same quarter last year, the business posted $1.72 EPS. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. As a group, equities research analysts anticipate that RPM International will post 5.94 EPS for the current fiscal year.
RPM International Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 14th will be given a dividend of $0.54 per share. The ex-dividend date of this dividend is Tuesday, July 14th. This represents a $2.16 annualized dividend and a dividend yield of 2.1%. RPM International’s dividend payout ratio (DPR) is 41.62%.
Hedge Funds Weigh In On RPM International
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PFA Pension Forsikringsaktieselskab bought a new stake in shares of RPM International in the 4th quarter worth $54,307,000. California State Teachers Retirement System lifted its holdings in shares of RPM International by 14.5% during the fourth quarter. California State Teachers Retirement System now owns 394,860 shares of the specialty chemicals company’s stock valued at $41,065,000 after purchasing an additional 49,979 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of RPM International by 0.3% during the second quarter. Ameriprise Financial Inc. now owns 339,258 shares of the specialty chemicals company’s stock valued at $37,260,000 after purchasing an additional 888 shares in the last quarter. Danske Bank A S boosted its position in shares of RPM International by 13.7% during the fourth quarter. Danske Bank A S now owns 167,459 shares of the specialty chemicals company’s stock valued at $17,416,000 after buying an additional 20,176 shares during the last quarter. Finally, Life Cycle Investment Partners Ltd purchased a new stake in shares of RPM International during the fourth quarter valued at $16,175,000. 80.95% of the stock is owned by institutional investors.
Key RPM International News
Here are the key news stories impacting RPM International this week:
- Positive Sentiment: RPM International reported record fiscal Q4 and full-year results, beating EPS and revenue expectations and supporting the view that underlying demand remains solid.
- Positive Sentiment: Several analysts turned more constructive, including BMO Capital Markets, Royal Bank of Canada, and Bank of America, all raising price targets and maintaining bullish ratings.
- Positive Sentiment: The company expanded its buyback plan, which can support earnings per share and signals confidence in cash generation.
- Neutral Sentiment: Zacks noted that construction and infrastructure strength are helping offset some softness in DIY/consumer demand and inflation, but it still sees only modest upside from here.
- Negative Sentiment: Not all analyst views were upbeat: Morgan Stanley trimmed its price target and kept an “equal weight” rating, reflecting caution around the near-term upside.
- Negative Sentiment: Management highlighted inflation and conflict-related cost pressure as headwinds for fiscal 2027, which may be limiting enthusiasm despite the earnings beat.
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.
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