RPM International Inc. (NYSE:RPM) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its position in shares of RPM International Inc. (NYSE:RPM - Free Report) by 14.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,112 shares of the specialty chemicals company's stock after purchasing an additional 7,451 shares during the period. BNP Paribas Financial Markets' holdings in RPM International were worth $7,274,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. UMB Bank n.a. boosted its stake in shares of RPM International by 84.0% in the fourth quarter. UMB Bank n.a. now owns 657 shares of the specialty chemicals company's stock valued at $81,000 after purchasing an additional 300 shares during the period. Janney Montgomery Scott LLC lifted its holdings in RPM International by 9.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 96,692 shares of the specialty chemicals company's stock worth $11,899,000 after buying an additional 8,725 shares in the last quarter. Tributary Capital Management LLC boosted its position in RPM International by 34.5% in the 4th quarter. Tributary Capital Management LLC now owns 9,368 shares of the specialty chemicals company's stock valued at $1,153,000 after buying an additional 2,404 shares during the last quarter. Crews Bank & Trust acquired a new stake in shares of RPM International during the fourth quarter valued at about $37,000. Finally, Mediolanum International Funds Ltd increased its position in shares of RPM International by 21.3% during the fourth quarter. Mediolanum International Funds Ltd now owns 54,838 shares of the specialty chemicals company's stock worth $6,736,000 after acquiring an additional 9,615 shares during the last quarter. Hedge funds and other institutional investors own 80.95% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on RPM. StockNews.com downgraded RPM International from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Robert W. Baird reduced their target price on RPM International from $125.00 to $110.00 and set a "neutral" rating for the company in a research note on Wednesday, April 9th. Fermium Researc raised shares of RPM International to a "hold" rating in a research report on Wednesday, April 9th. BMO Capital Markets cut their price target on shares of RPM International from $154.00 to $126.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Finally, UBS Group decreased their price objective on shares of RPM International from $113.00 to $110.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Seven equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, RPM International currently has a consensus rating of "Moderate Buy" and an average price target of $122.10.

RPM International Stock Performance

RPM traded up $1.72 during trading on Friday, reaching $116.11. 657,800 shares of the company were exchanged, compared to its average volume of 672,128. RPM International Inc. has a 52 week low of $95.28 and a 52 week high of $141.79. The company has a current ratio of 2.23, a quick ratio of 1.46 and a debt-to-equity ratio of 0.74. The firm has a 50 day moving average of $109.82 and a 200 day moving average of $121.69. The stock has a market cap of $14.91 billion, a P/E ratio of 22.95, a PEG ratio of 1.97 and a beta of 1.08.

RPM International (NYSE:RPM - Get Free Report) last released its quarterly earnings results on Tuesday, April 8th. The specialty chemicals company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.15). RPM International had a return on equity of 26.76% and a net margin of 8.89%. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the company posted $0.52 EPS. The firm's revenue was down 3.0% on a year-over-year basis. On average, sell-side analysts forecast that RPM International Inc. will post 5.5 EPS for the current fiscal year.

RPM International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Thursday, April 17th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, April 17th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.76%. RPM International's dividend payout ratio (DPR) is presently 40.88%.

About RPM International

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; fire stopping and intumescent steel coating, and manufacturing industry solutions; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems.