NBC Securities Inc. Boosts Holdings in RPM International Inc. (NYSE:RPM)

NBC Securities Inc. grew its stake in shares of RPM International Inc. (NYSE:RPM - Free Report) by 145,300.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,908 shares of the specialty chemicals company's stock after buying an additional 2,906 shares during the quarter. NBC Securities Inc.'s holdings in RPM International were worth $336,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC grew its holdings in shares of RPM International by 55.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company's stock valued at $29,000 after purchasing an additional 84 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of RPM International by 58.7% in the 4th quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company's stock worth $52,000 after purchasing an additional 155 shares during the period. Fairway Wealth LLC lifted its position in shares of RPM International by 829.8% in the 4th quarter. Fairway Wealth LLC now owns 437 shares of the specialty chemicals company's stock worth $54,000 after purchasing an additional 390 shares during the period. Creative Financial Designs Inc. ADV lifted its position in shares of RPM International by 148.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 535 shares of the specialty chemicals company's stock worth $66,000 after purchasing an additional 320 shares during the period. Finally, Curio Wealth LLC purchased a new stake in shares of RPM International in the 4th quarter worth about $81,000. Hedge funds and other institutional investors own 80.95% of the company's stock.

RPM International Stock Up 0.7%

Shares of RPM International stock opened at $115.48 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.23 and a quick ratio of 1.46. RPM International Inc. has a 1 year low of $95.28 and a 1 year high of $141.79. The firm's 50-day moving average is $109.27 and its two-hundred day moving average is $119.64. The stock has a market cap of $14.83 billion, a price-to-earnings ratio of 22.82, a PEG ratio of 1.97 and a beta of 1.06.

RPM International (NYSE:RPM - Get Free Report) last issued its quarterly earnings data on Tuesday, April 8th. The specialty chemicals company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.15). The firm had revenue of $1.48 billion during the quarter, compared to analysts' expectations of $1.51 billion. RPM International had a return on equity of 26.76% and a net margin of 8.89%. The firm's quarterly revenue was down 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.52 EPS. As a group, research analysts expect that RPM International Inc. will post 5.5 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Thursday, April 17th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date was Thursday, April 17th. RPM International's dividend payout ratio (DPR) is presently 40.88%.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Wall Street Zen cut shares of RPM International from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Citigroup assumed coverage on shares of RPM International in a research note on Monday, June 2nd. They issued a "buy" rating and a $135.00 price target for the company. Fermium Researc upgraded shares of RPM International to a "hold" rating in a research report 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 report on Wednesday, April 9th. Finally, UBS Group dropped their price target on shares of RPM International from $113.00 to $110.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Seven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $124.55.

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.

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