6,240 Shares in RPM International Inc. $RPM Purchased by Syon Capital LLC

Syon Capital LLC bought a new position in shares of RPM International Inc. (NYSE:RPM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,240 shares of the specialty chemicals company’s stock, valued at approximately $649,000.

Several other institutional investors and hedge funds also recently bought and sold shares of RPM. Los Angeles Capital Management LLC acquired a new stake in shares of RPM International during the 4th quarter worth approximately $60,000. 111 Capital acquired a new position in RPM International in the fourth quarter valued at approximately $520,000. One Capital Management LLC grew its position in RPM International by 6.5% in the fourth quarter. One Capital Management LLC now owns 127,419 shares of the specialty chemicals company’s stock worth $13,252,000 after acquiring an additional 7,753 shares during the period. BNP Paribas Financial Markets grew its position in RPM International by 88.9% in the fourth quarter. BNP Paribas Financial Markets now owns 87,062 shares of the specialty chemicals company’s stock worth $9,054,000 after acquiring an additional 40,982 shares during the period. Finally, Inspire Trust Co. N.A. increased its stake in RPM International by 42.9% during the fourth quarter. Inspire Trust Co. N.A. now owns 30,000 shares of the specialty chemicals company’s stock worth $3,120,000 after acquiring an additional 9,000 shares during the last quarter. 80.95% of the stock is currently owned by institutional investors and hedge funds.

RPM International Trading Down 2.7%

RPM opened at $104.51 on Thursday. RPM International Inc. has a 52 week low of $92.92 and a 52 week 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 business has a fifty day simple moving average of $103.00 and a 200-day simple moving average of $105.93. The firm has a market cap of $13.34 billion, a P/E ratio of 20.14, a P/E/G ratio of 2.51 and a beta of 1.04.

RPM International (NYSE:RPM) last posted its quarterly earnings data on Wednesday, April 8th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $1.55 billion. During the same quarter in the previous year, the business earned $0.35 EPS. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. On average, equities analysts expect that RPM International Inc. will post 5.46 earnings per share for the current year.

RPM International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Thursday, April 16th. RPM International’s dividend payout ratio is currently 41.62%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Weiss Ratings lowered RPM International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 29th. Wall Street Zen raised RPM International from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. BMO Capital Markets decreased their target price on shares of RPM International from $149.00 to $148.00 and set an “outperform” rating on the stock in a research report on Monday, April 13th. Zacks Research raised shares of RPM International from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 9th. Finally, Royal Bank Of Canada lifted their price target on shares of RPM International from $126.00 to $130.00 and gave the company an “outperform” rating in a research report on Monday, April 13th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $127.42.

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.