Russell Investments Group Ltd. Has $12.65 Million Holdings in RPM International Inc. $RPM

Russell Investments Group Ltd. lessened its holdings in RPM International Inc. (NYSE:RPM - Free Report) by 2.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,360 shares of the specialty chemicals company's stock after selling 2,202 shares during the quarter. Russell Investments Group Ltd. owned 0.09% of RPM International worth $12,651,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Cary Street Partners Investment Advisory LLC lifted its position in shares of RPM International by 43.4% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 390 shares of the specialty chemicals company's stock worth $45,000 after purchasing an additional 118 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of RPM International by 82.1% in the first quarter. Farther Finance Advisors LLC now owns 763 shares of the specialty chemicals company's stock worth $89,000 after purchasing an additional 344 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in shares of RPM International by 71.8% in the first quarter. Creative Financial Designs Inc. ADV now owns 919 shares of the specialty chemicals company's stock worth $106,000 after purchasing an additional 384 shares in the last quarter. Archer Investment Corp lifted its position in shares of RPM International by 21.2% in the first quarter. Archer Investment Corp now owns 1,149 shares of the specialty chemicals company's stock worth $133,000 after purchasing an additional 201 shares in the last quarter. Finally, Lindbrook Capital LLC lifted its position in shares of RPM International by 129.5% in the first quarter. Lindbrook Capital LLC now owns 1,565 shares of the specialty chemicals company's stock worth $181,000 after purchasing an additional 883 shares in the last quarter. Institutional investors own 80.95% of the company's stock.

Insider Activity at RPM International

In other RPM International news, Director Frederick R. Nance sold 1,000 shares of the company's stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $119.36, for a total value of $119,360.00. Following the transaction, the director directly owned 7,394 shares in the company, valued at $882,547.84. The trade was a 11.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

RPM has been the topic of a number of research reports. Royal Bank Of Canada boosted their price objective on shares of RPM International from $115.00 to $125.00 and gave the stock a "sector perform" rating in a research report on Monday, July 28th. UBS Group boosted their target price on shares of RPM International from $110.00 to $119.00 and gave the stock a "neutral" rating in a report on Wednesday, July 9th. Bank of America upgraded shares of RPM International from an "underperform" rating to a "neutral" rating and boosted their target price for the stock from $110.00 to $128.00 in a report on Thursday, August 14th. BMO Capital Markets boosted their target price on shares of RPM International from $140.00 to $152.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Finally, Morgan Stanley boosted their target price on shares of RPM International from $113.00 to $124.00 and gave the stock an "equal weight" rating in a report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $131.09.

RPM International Stock Performance

Shares of NYSE:RPM traded up $4.4250 on Friday, hitting $128.7650. The company had a trading volume of 152,966 shares, compared to its average volume of 765,576. RPM International Inc. has a 1-year low of $95.28 and a 1-year high of $141.79. The stock has a market cap of $16.53 billion, a price-to-earnings ratio of 24.09, a P/E/G ratio of 1.84 and a beta of 1.03. The stock has a 50 day moving average price of $115.24 and a 200 day moving average price of $114.51. The company has a current ratio of 2.16, a quick ratio of 1.45 and a debt-to-equity ratio of 0.91.

RPM International (NYSE:RPM - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The specialty chemicals company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.60 by $0.12. RPM International had a net margin of 9.34% and a return on equity of 24.94%. The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the previous year, the company earned $1.56 earnings per share. The company's quarterly revenue was up 3.7% on a year-over-year basis. Analysts expect that RPM International Inc. will post 5.5 EPS for the current year.

RPM International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, July 15th. RPM International's payout ratio is currently 38.13%.

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.