BNP Paribas Financial Markets Has $7.27 Million Holdings in RPM International Inc. (NYSE:RPM)

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

A number of other large investors also recently modified their holdings of RPM. Bank of New York Mellon Corp boosted its stake in shares of RPM International by 6.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,430,472 shares of the specialty chemicals company's stock worth $176,034,000 after buying an additional 87,540 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of RPM International by 3.0% during the 4th quarter. Geode Capital Management LLC now owns 2,735,940 shares of the specialty chemicals company's stock worth $336,198,000 after buying an additional 79,256 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of RPM International by 39.3% during the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 279,570 shares of the specialty chemicals company's stock worth $34,404,000 after buying an additional 78,828 shares during the last quarter. New Age Alpha Advisors LLC acquired a new position in shares of RPM International during the 4th quarter worth about $9,161,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in RPM International in the 4th quarter valued at about $5,612,000. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Fermium Researc upgraded shares of RPM International to a "hold" rating in a research note on Wednesday, April 9th. Wells Fargo & Company cut their target price on shares of RPM International from $140.00 to $116.00 and set an "overweight" rating for the company in a research note on Wednesday, April 9th. StockNews.com downgraded shares of RPM International from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Morgan Stanley lowered their price target on shares of RPM International from $125.00 to $113.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 9th. Finally, Royal Bank of Canada lowered their price target on shares of RPM International from $126.00 to $116.00 and set a "sector perform" rating on the stock in a report on Thursday, April 10th. Seven investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $122.10.

RPM International Stock Performance

Shares of RPM traded up $1.72 during mid-day trading on Friday, hitting $116.11. 657,800 shares of the company's stock were exchanged, compared to its average volume of 672,245. RPM International Inc. has a 52 week low of $95.28 and a 52 week high of $141.79. The stock's 50-day simple moving average is $109.78 and its 200-day simple moving average is $121.52. The firm has a market cap of $14.91 billion, a price-to-earnings ratio of 22.95, a price-to-earnings-growth ratio of 1.97 and a beta of 1.08. The company has a quick ratio of 1.46, a current ratio of 2.23 and a debt-to-equity ratio of 0.74.

RPM International (NYSE:RPM - Get Free Report) last announced its 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 business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the prior year, the business posted $0.52 earnings per share. The firm's revenue for the quarter was down 3.0% compared to the same quarter last year. On average, equities research analysts expect that RPM International Inc. will post 5.5 EPS for the current year.

RPM International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th were paid 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 payout ratio is presently 40.88%.

RPM International Profile

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.