Dearborn Partners LLC Invests $9.28 Million in RPM International Inc. $RPM

Dearborn Partners LLC purchased a new stake in RPM International Inc. (NYSE:RPM - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 93,383 shares of the specialty chemicals company's stock, valued at approximately $9,282,000. Dearborn Partners LLC owned approximately 0.07% of RPM International at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ares Financial Consulting LLC acquired a new stake in RPM International in the fourth quarter valued at $37,000. Danske Bank A S purchased a new stake in shares of RPM International during the 2nd quarter worth $47,000. Los Angeles Capital Management LLC acquired a new position in shares of RPM International during the 4th quarter worth $60,000. Rothschild Investment LLC increased its holdings in shares of RPM International by 2,387.0% in the 4th quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company's stock valued at $59,000 after purchasing an additional 549 shares in the last quarter. Finally, Resources Management Corp CT ADV increased its holdings in shares of RPM International by 21,566.7% in the 4th quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company's stock valued at $68,000 after purchasing an additional 647 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Wall Street Zen downgraded shares of RPM International from a "buy" rating to a "hold" rating in a report on Saturday. Citigroup increased their target price on shares of RPM International from $125.00 to $128.00 and gave the company a "buy" rating in a report on Friday, May 29th. Morgan Stanley reduced their price target on shares of RPM International from $121.00 to $117.00 and set an "equal weight" rating for the company in a research report on Thursday, July 23rd. BMO Capital Markets boosted their price target on RPM International from $143.00 to $151.00 and gave the stock an "outperform" rating in a research note on Thursday, July 23rd. Finally, UBS Group upgraded RPM International from a "neutral" rating to a "buy" rating and upped their price target for the stock from $118.00 to $130.00 in a report on Wednesday, May 27th. Ten investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, RPM International currently has an average rating of "Moderate Buy" and a consensus price target of $126.00.

RPM International Stock Performance

Shares of NYSE RPM opened at $106.38 on Tuesday. The company has a 50-day simple moving average of $109.24 and a 200-day simple moving average of $106.71. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.68 and a quick ratio of 1.16. The company has a market cap of $13.59 billion, a PE ratio of 20.62, a price-to-earnings-growth ratio of 2.22 and a beta of 1.04. RPM International Inc. has a 12 month low of $92.92 and a 12 month high of $128.51.

RPM International (NYSE:RPM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.06. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.18 billion. RPM International had a net margin of 8.41% and a return on equity of 22.45%. The company's quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.72 earnings per share. On average, equities analysts anticipate that RPM International Inc. will post 6 earnings per share for the current year.

RPM International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 14th were issued a dividend of $0.54 per share. The ex-dividend date was Tuesday, July 14th. This represents a $2.16 annualized dividend and a dividend yield of 2.0%. RPM International's dividend payout ratio (DPR) is 41.86%.

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.

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