RPM International (NYSE:RPM) Upgraded at KeyCorp

Key Points

• KeyCorp upgraded RPM International to a “strong-buy” rating and projected earnings per share of $5.90 for fiscal 2027, rising to $7.15 by fiscal 2029.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and an average price target of $126, although some analysts maintain hold ratings or have reduced targets.
• RPM recently beat quarterly expectations, reporting $1.89 EPS and $2.23 billion in revenue, while institutional investors own approximately 80.95% of the company’s stock.

RPM International (NYSE:RPM - Get Free Report) was upgraded by analysts at KeyCorp to a "strong-buy" rating in a report released on Thursday, Zacks reports. KeyCorp also issued estimates for RPM International's Q1 2027 earnings at $1.91 EPS, Q2 2027 earnings at $1.34 EPS, Q3 2027 earnings at $0.62 EPS, Q4 2027 earnings at $2.04 EPS, FY2027 earnings at $5.90 EPS, FY2028 earnings at $6.55 EPS and FY2029 earnings at $7.15 EPS.

Other equities research analysts also recently issued research reports about the company. Wall Street Zen downgraded RPM International from a "buy" rating to a "hold" rating in a report on Saturday, August 22nd. Morgan Stanley lowered their target price on RPM International from $121.00 to $117.00 and set an "equal weight" rating for the company in a report on Thursday, July 23rd. Royal Bank Of Canada boosted their price target on shares of RPM International from $126.00 to $128.00 and gave the stock an "outperform" rating in a research note on Thursday, July 23rd. Bank of America raised their price objective on shares of RPM International from $129.00 to $130.00 and gave the company a "buy" rating in a research note on Thursday, July 23rd. Finally, UBS Group upgraded shares of RPM International from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $118.00 to $130.00 in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $126.00.

RPM International Stock Performance

NYSE:RPM opened at $99.46 on Thursday. RPM International has a fifty-two week low of $92.92 and a fifty-two week high of $128.51. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.16 and a current ratio of 1.68. The company has a 50 day moving average price of $107.80 and a 200 day moving average price of $105.49. The stock has a market capitalization of $12.69 billion, a P/E ratio of 19.27, a PEG ratio of 2.03 and a beta of 1.05.

RPM International (NYSE:RPM - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share (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 for the quarter, compared to analyst estimates of $2.18 billion. During the same quarter in the previous year, the company earned $1.72 earnings per share. The firm's quarterly revenue was up 7.2% compared to the same quarter last year. Equities research analysts forecast that RPM International will post 6 EPS for the current year.

Institutional Investors Weigh In On RPM International

Hedge funds have recently bought and sold shares of the stock. Segall Bryant & Hamill LLC acquired a new stake in shares of RPM International in the 1st quarter valued at $6,963,000. Commerzbank Aktiengesellschaft FI purchased a new stake in shares of RPM International during the 2nd quarter worth $1,653,000. Plato Investment Management Ltd acquired a new position in shares of RPM International during the second quarter worth $3,410,000. BlackRock Inc. purchased a new position in RPM International in the second quarter valued at $1,456,684,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in RPM International in the second quarter valued at $17,124,000. Institutional investors and hedge funds own 80.95% of the company's stock.

About RPM International

RPM International Inc NYSE: RPM is a multinational manufacturer of specialty coatings, sealants, adhesives, and related products. The company serves the construction, industrial, automotive, marine, consumer, and specialty markets through a portfolio of businesses that develop products for protecting, repairing, and enhancing residential, commercial, and industrial surfaces.

Its brands include Rust-Oleum, which provides consumer and professional paints and coatings; DAP, which produces caulks, sealants, and related products; Tremco, which serves the building and construction markets; and Carboline, which specializes in protective coatings and fireproofing products.

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