RPM International (NYSE:RPM) Price Target Raised to $130.00 at Bank of America

RPM International (NYSE:RPM) had its target price raised by Bank of America from $129.00 to $130.00 in a research report released on Thursday morning,Benzinga reports. They currently have a buy rating on the specialty chemicals company’s stock.

RPM has been the subject of a number of other research reports. Weiss Ratings lowered shares of RPM International from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, April 29th. UBS Group raised RPM International from a “neutral” rating to a “buy” rating and increased their price target for the company from $118.00 to $130.00 in a research note on Wednesday, May 27th. Wall Street Zen lowered RPM International from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. BMO Capital Markets lifted their price objective on RPM International from $143.00 to $151.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Morgan Stanley dropped their price objective on RPM International from $121.00 to $117.00 and set an “equal weight” rating for the company in a report on Thursday. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $127.58.

RPM International Stock Down 2.8%

Shares of NYSE RPM opened at $104.47 on Thursday. The firm has a market capitalization of $13.33 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 2.45 and a beta of 1.04. The company has a current ratio of 1.68, a quick ratio of 1.44 and a debt-to-equity ratio of 0.64. RPM International has a 1 year low of $92.92 and a 1 year high of $129.12. The firm’s 50-day moving average is $105.47 and its 200-day moving average is $106.28.

RPM International (NYSE:RPM) last posted its quarterly earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.06. RPM International had a net margin of 8.41% and a return on equity of 22.45%. The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the previous year, the firm posted $1.72 earnings per share. RPM International’s revenue for the quarter was up 7.2% compared to the same quarter last year. Equities analysts expect that RPM International will post 5.94 EPS for the current year.

RPM International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 14th will be issued a $0.54 dividend. 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 payout ratio is 41.62%.

Institutional Trading of RPM International

Several hedge funds have recently added to or reduced their stakes in RPM. Lazard Asset Management LLC increased its holdings in shares of RPM International by 5.8% during the 2nd quarter. Lazard Asset Management LLC now owns 1,685 shares of the specialty chemicals company’s stock worth $184,000 after acquiring an additional 93 shares during the last quarter. LRI Investments LLC lifted its holdings in RPM International by 6.6% during the 4th quarter. LRI Investments LLC now owns 1,752 shares of the specialty chemicals company’s stock valued at $182,000 after purchasing an additional 108 shares during the last quarter. First American Bank lifted its holdings in RPM International by 4.9% during the 4th quarter. First American Bank now owns 2,360 shares of the specialty chemicals company’s stock valued at $245,000 after purchasing an additional 110 shares during the last quarter. Beese Fulmer Investment Management Inc. boosted its position in RPM International by 2.0% during the fourth quarter. Beese Fulmer Investment Management Inc. now owns 5,894 shares of the specialty chemicals company’s stock worth $613,000 after purchasing an additional 114 shares during the period. Finally, Versant Capital Management Inc boosted its position in RPM International by 36.0% during the second quarter. Versant Capital Management Inc now owns 1,050 shares of the specialty chemicals company’s stock worth $117,000 after purchasing an additional 278 shares during the period. Institutional investors and hedge funds own 80.95% of the company’s stock.

Key Headlines Impacting RPM International

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.

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.