RPM International Inc. (NYSE:RPM) Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its position in RPM International Inc. (NYSE:RPM - Free Report) by 352.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,020 shares of the specialty chemicals company's stock after buying an additional 105,925 shares during the quarter. Russell Investments Group Ltd. owned 0.11% of RPM International worth $15,214,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Campbell & CO Investment Adviser LLC bought a new stake in shares of RPM International in the 3rd quarter worth approximately $3,487,000. Tudor Investment Corp Et Al purchased a new position in RPM International during the 3rd quarter valued at $2,277,000. Teachers Retirement System of The State of Kentucky raised its holdings in RPM International by 93.1% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 44,116 shares of the specialty chemicals company's stock worth $4,183,000 after purchasing an additional 21,268 shares in the last quarter. Quantbot Technologies LP lifted its position in shares of RPM International by 404.3% in the 3rd quarter. Quantbot Technologies LP now owns 19,255 shares of the specialty chemicals company's stock worth $1,826,000 after purchasing an additional 15,437 shares during the period. Finally, Strs Ohio bought a new stake in shares of RPM International during the 4th quarter valued at about $1,684,000. 80.95% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

RPM has been the subject of several research analyst reports. Robert W. Baird raised their price objective on shares of RPM International from $105.00 to $120.00 and gave the stock a "neutral" rating in a report on Friday, April 5th. Mizuho upped their price target on RPM International from $128.00 to $136.00 and gave the stock a "buy" rating in a research note on Friday, April 5th. UBS Group raised their price objective on RPM International from $121.00 to $122.00 and gave the company a "neutral" rating in a research report on Friday, April 5th. Finally, BMO Capital Markets reduced their target price on shares of RPM International from $127.00 to $123.00 and set an "outperform" rating on the stock in a research report on Friday, April 5th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $115.11.

Insider Activity

In other RPM International news, Director Frederick R. Nance sold 1,835 shares of RPM International stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $109.05, for a total value of $200,106.75. Following the completion of the sale, the director now owns 8,180 shares of the company's stock, valued at approximately $892,029. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other RPM International news, Director Frederick R. Nance sold 1,835 shares of the firm's stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $109.05, for a total value of $200,106.75. Following the transaction, the director now directly owns 8,180 shares of the company's stock, valued at $892,029. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Matthew T. Ratajczak sold 6,000 shares of the business's stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $109.63, for a total value of $657,780.00. Following the sale, the vice president now owns 23,451 shares of the company's stock, valued at $2,570,933.13. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

RPM International Stock Up 0.8 %

NYSE:RPM traded up $0.89 on Friday, reaching $109.22. 383,280 shares of the stock traded hands, compared to its average volume of 563,154. The company's fifty day simple moving average is $113.41 and its 200 day simple moving average is $107.56. The company has a market capitalization of $14.06 billion, a price-to-earnings ratio of 25.17, a PEG ratio of 1.70 and a beta of 1.06. RPM International Inc. has a 12 month low of $78.52 and a 12 month high of $120.74. The company has a current ratio of 2.29, a quick ratio of 1.39 and a debt-to-equity ratio of 0.93.

RPM International (NYSE:RPM - Get Free Report) last announced its quarterly earnings data on Thursday, April 4th. The specialty chemicals company reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.04. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.52 billion. RPM International had a net margin of 7.61% and a return on equity of 26.72%. The firm's revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the business earned $0.37 EPS. Equities analysts predict that RPM International Inc. will post 4.94 EPS for the current fiscal year.

RPM International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 19th were paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend was Thursday, April 18th. RPM International's dividend payout ratio is currently 42.40%.

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.