SG Americas Securities LLC Increases Stake in RPM International Inc. (NYSE:RPM)

SG Americas Securities LLC grew its stake in RPM International Inc. (NYSE:RPM - Free Report) by 355.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,106 shares of the specialty chemicals company's stock after acquiring an additional 3,985 shares during the quarter. SG Americas Securities LLC's holdings in RPM International were worth $591,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in RPM. GAMMA Investing LLC grew its stake in RPM International by 12,321.2% in the first quarter. GAMMA Investing LLC now owns 271,154 shares of the specialty chemicals company's stock valued at $31,367,000 after purchasing an additional 268,971 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of RPM International by 6.5% in the 4th quarter. Bank of New York Mellon Corp now owns 1,430,472 shares of the specialty chemicals company's stock valued at $176,034,000 after buying an additional 87,540 shares in the last quarter. Geode Capital Management LLC grew its position in shares of RPM International by 3.0% in the 4th quarter. Geode Capital Management LLC now owns 2,735,940 shares of the specialty chemicals company's stock worth $336,198,000 after buying an additional 79,256 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec grew its position in shares of RPM International by 39.3% in the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 279,570 shares of the specialty chemicals company's stock worth $34,404,000 after buying an additional 78,828 shares during the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in RPM International during the fourth quarter valued at approximately $9,161,000. 80.95% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Royal Bank Of Canada cut their price target on shares of RPM International from $126.00 to $116.00 and set a "sector perform" rating on the stock in a report on Thursday, April 10th. Robert W. Baird dropped their target price on RPM International from $125.00 to $110.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 9th. Fermium Researc raised RPM International to a "hold" rating in a research report on Wednesday, April 9th. Wall Street Zen downgraded RPM International from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Finally, Morgan Stanley dropped their price target on RPM International from $125.00 to $113.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 9th. Seven research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $124.55.

RPM International Stock Performance

Shares of NYSE:RPM traded down $1.20 during trading on Wednesday, hitting $109.02. The stock had a trading volume of 977,828 shares, compared to its average volume of 693,175. The company has a quick ratio of 1.38, a current ratio of 2.22 and a debt-to-equity ratio of 0.78. RPM International Inc. has a 12-month low of $95.28 and a 12-month high of $141.79. The stock has a market capitalization of $14.00 billion, a price-to-earnings ratio of 21.85, a price-to-earnings-growth ratio of 2.87 and a beta of 1.06. The stock has a 50-day simple moving average of $110.42 and a two-hundred day simple moving average of $117.21.

RPM International (NYSE:RPM - Get Free Report) last issued its quarterly earnings results on Tuesday, April 8th. The specialty chemicals company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.15). RPM International had a return on equity of 25.08% and a net margin of 8.82%. The business had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same quarter last year, the company posted $0.52 EPS. RPM International's quarterly revenue was down 3.0% compared to the same quarter last year. On average, equities research analysts expect that RPM International Inc. will post 5.5 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Thursday, April 17th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, April 17th. This represents a $2.04 annualized dividend and a dividend yield of 1.87%. RPM International's dividend payout ratio (DPR) is presently 40.88%.

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.