RPM International Inc. (NYSE:RPM) Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC increased its position in RPM International Inc. (NYSE:RPM - Free Report) by 13.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 22,443 shares of the specialty chemicals company's stock after purchasing an additional 2,605 shares during the period. Nisa Investment Advisors LLC's holdings in RPM International were worth $2,596,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in shares of RPM International by 55.3% in 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 increased its position in RPM International by 58.7% in the 4th quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company's stock valued at $52,000 after acquiring an additional 155 shares during the period. Creative Financial Designs Inc. ADV increased its position in 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 valued at $66,000 after acquiring an additional 320 shares during the period. Curio Wealth LLC acquired a new position in RPM International in the 4th quarter valued at about $81,000. Finally, Trust Co. of Toledo NA OH acquired a new position in RPM International in the 1st quarter valued at about $238,000. 80.95% of the stock is owned by hedge funds and other institutional investors.

RPM International Price Performance

Shares of RPM traded up $0.45 on Wednesday, reaching $110.52. The stock had a trading volume of 401,518 shares, compared to its average volume of 700,214. The firm has a market capitalization of $14.19 billion, a PE ratio of 22.15, a PEG ratio of 2.96 and a beta of 1.03. The company has a quick ratio of 1.38, a current ratio of 2.22 and a debt-to-equity ratio of 0.78. The firm has a 50-day moving average of $112.34 and a 200 day moving average of $115.42. RPM International Inc. has a twelve month low of $95.28 and a twelve month high of $141.79.

RPM International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Tuesday, July 15th will be given a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend is Tuesday, July 15th. RPM International's dividend payout ratio (DPR) is currently 40.88%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on RPM. UBS Group boosted their price target on RPM International from $110.00 to $119.00 and gave the company a "neutral" rating in a research report on Wednesday, July 9th. Fermium Researc upgraded RPM International to a "hold" rating in a research report on Wednesday, April 9th. Morgan Stanley dropped their target price on RPM International from $125.00 to $113.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 9th. BMO Capital Markets boosted their target price on RPM International from $126.00 to $140.00 and gave the stock an "outperform" rating in a research report on Friday, June 6th. Finally, Citigroup began coverage on RPM International in a research report on Monday, June 2nd. They set a "buy" rating and a $135.00 target price on the stock. Seven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $126.73.

RPM International Company 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.