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

NBC Securities Inc. grew its position in shares of RPM International Inc. (NYSE:RPM - Free Report) by 145,300.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund 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 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in shares of RPM International by 55.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company's stock worth $29,000 after acquiring an additional 84 shares during the period. Fiduciary Alliance LLC boosted its holdings in RPM International by 1.3% in the 1st quarter. Fiduciary Alliance LLC now owns 9,163 shares of the specialty chemicals company's stock valued at $1,060,000 after purchasing an additional 116 shares in the last quarter. Bradley Foster & Sargent Inc. CT increased its position in RPM International by 4.0% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 3,434 shares of the specialty chemicals company's stock worth $423,000 after purchasing an additional 132 shares during the period. Farther Finance Advisors LLC raised its stake in shares of RPM International by 58.7% during the 4th quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company's stock worth $52,000 after buying an additional 155 shares in the last quarter. Finally, Plato Investment Management Ltd raised its stake in shares of RPM International by 1.3% during the 4th quarter. Plato Investment Management Ltd now owns 17,547 shares of the specialty chemicals company's stock worth $2,167,000 after buying an additional 228 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company's stock.

RPM International Trading Up 0.1%

Shares of NYSE RPM traded up $0.14 during midday trading on Tuesday, hitting $115.85. The stock had a trading volume of 735,564 shares, compared to its average volume of 687,737. RPM International Inc. has a 1-year low of $95.28 and a 1-year high of $141.79. The company has a market capitalization of $14.88 billion, a price-to-earnings ratio of 22.89, a PEG ratio of 1.97 and a beta of 1.06. The company has a quick ratio of 1.46, a current ratio of 2.23 and a debt-to-equity ratio of 0.74. The company has a fifty day moving average price of $109.30 and a 200 day moving average price of $119.24.

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

RPM International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend was Thursday, April 17th. RPM International's dividend payout ratio (DPR) is 40.88%.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. BMO Capital Markets lifted their price target on RPM International from $126.00 to $140.00 and gave the company an "outperform" rating in a research note on Friday. Robert W. Baird lowered their price target on shares of RPM International from $125.00 to $110.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 9th. Morgan Stanley cut their price target on shares of RPM International from $125.00 to $113.00 and set an "equal weight" rating for the company in a report on Wednesday, April 9th. Citigroup began coverage on shares of RPM International in a research note on Monday, June 2nd. They issued a "buy" rating and a $135.00 price objective for the company. Finally, UBS Group lowered their target price on shares of RPM International from $113.00 to $110.00 and set a "neutral" rating on the stock in a research report on Thursday, April 24th. Seven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $124.55.

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.