RPM International (NYSE:RPM) Price Target Raised to $130.00

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

Several other analysts also recently issued reports on the company. Morgan Stanley decreased their target price on RPM International from $121.00 to $117.00 and set an “equal weight” rating on the stock in a research note on Thursday. Citigroup upped their price target on RPM International from $125.00 to $128.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. UBS Group raised shares of RPM International from a “neutral” rating to a “buy” rating and increased their price objective for the company from $118.00 to $130.00 in a report on Wednesday, May 27th. Zacks Research upgraded shares of RPM International from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 9th. Finally, Weiss Ratings downgraded shares of RPM International from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, April 29th. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $126.00.

RPM International Trading Up 2.3%

Shares of RPM stock opened at $107.16 on Thursday. RPM International has a 52-week low of $92.92 and a 52-week high of $129.12. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.44 and a current ratio of 1.68. The firm has a market capitalization of $13.69 billion, a PE ratio of 20.77, a PEG ratio of 2.43 and a beta of 1.04. The stock has a fifty day simple moving average of $105.71 and a two-hundred day simple moving average of $106.29.

RPM International (NYSE:RPM) last posted its quarterly 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 business had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.18 billion. During the same period last year, the firm earned $1.72 earnings per share. The business’s quarterly revenue was up 7.2% on a year-over-year basis. On average, analysts predict that RPM International will post 6.02 EPS for the current fiscal year.

RPM International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 14th will be given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Tuesday, July 14th. RPM International’s payout ratio is currently 41.86%.

Hedge Funds Weigh In On RPM International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RPM. Ares Financial Consulting LLC purchased a new position in RPM International during the 4th quarter valued at approximately $37,000. Los Angeles Capital Management LLC purchased a new stake in shares of RPM International during the 4th quarter worth approximately $60,000. Rothschild Investment LLC boosted its position in shares of RPM International by 2,387.0% during the 4th quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock valued at $59,000 after acquiring an additional 549 shares during the last quarter. Resources Management Corp CT ADV boosted its position in shares of RPM International by 21,566.7% during the 4th quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company’s stock valued at $68,000 after acquiring an additional 647 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC purchased a new position in shares of RPM International in the fourth quarter valued at $69,000. 80.95% of the stock is owned by institutional investors.

Trending Headlines about RPM International

Here are the key news stories impacting RPM International this week:

• Positive Sentiment: RPM delivered record quarterly results, with revenue and earnings topping expectations, which is the main driver behind the stock’s rise. RPM International Shares Climb on Higher 4Q Sales, Upbeat Outlook
• Positive Sentiment: The company expanded its buyback program, with commentary around a $700 million repurchase plan supporting the view that management sees shares as undervalued. Is RPM International (RPM) Undervalued As Record Earnings And A $700 Million Buyback Land?
• Positive Sentiment: Bank of America raised its price target to $130 and kept a buy rating, while BMO Capital Markets lifted its target to $151 and RBC increased its target to $128, signaling continued optimism after the earnings beat.
• Neutral Sentiment: Morgan Stanley lowered its target to $117 but still kept an equal-weight rating, suggesting a more cautious view rather than a bearish one.
• Neutral Sentiment: Recent commentary from Zacks highlighted that infrastructure demand, margin gains, and acquisitions could support fiscal 2027, but inflation and weak DIY demand may limit near-term upside.
• Neutral Sentiment: An insider filing showed a non-discretionary sale tied to tax withholding, which appears routine and not necessarily a negative signal for the business.

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.