RPM International (NYSE:RPM) Stock Breaks Above Fifty Day Moving Average - Here's Why

Key Points

• RPM International shares rose 2.8% and broke above their 50-day moving average of $100.96, reaching $102.53 during trading.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $121.71, despite mixed revisions to future earnings estimates.
• The company exceeded quarterly EPS expectations, reported 4.8% year-over-year revenue growth, and increased its quarterly dividend to $0.57, implying a 2.2% annual yield.

RPM International Inc. (NYSE:RPM - Get Free Report) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $100.96 and traded as high as $102.53. RPM International shares last traded at $102.0880, with a volume of 1,159,431 shares trading hands.

Trending Headlines about RPM International

Here are the key news stories impacting RPM International this week:

• Positive Sentiment: Zacks Research increased its Q1 2028 EPS forecast to $2.09 from $2.07 and its Q1 2029 forecast to $2.12 from $2.08. The firm continues to project earnings growth, including EPS of $6.67 in fiscal 2028 and $7.06 in fiscal 2029, versus the current-year consensus estimate of $5.96.
• Neutral Sentiment: The estimate changes represent a modest reassessment rather than a major shift in expectations. Zacks maintained its fiscal 2027 EPS forecast at $5.90 and its fiscal 2028 and fiscal 2029 projections remain above the current-year outlook.
• Negative Sentiment: Zacks lowered several forecasts, including Q2 and Q3 fiscal 2027 EPS to $1.26 and $0.58, fiscal 2027 EPS to $5.90 from $5.99, fiscal 2028 EPS to $6.67 from $6.72, and fiscal 2029 EPS to $7.06 from $7.09. These reductions suggest some caution regarding the pace of near- to medium-term earnings growth.
• Neutral Sentiment: A separate First Atlantic Minerals announcement concerns a mineral exploration project named the RPM Zone at Pipestone XL. It is unrelated to RPM International’s specialty-chemicals business and should not be considered a fundamental catalyst for NYSE: RPM. First Atlantic Begins Pit Excavation at the RPM Zone

Wall Street Analyst Weigh In

Several brokerages have weighed in on RPM. KeyCorp dropped their price objective on RPM International from $123.00 to $117.00 and set an "overweight" rating on the stock in a research note on Friday, October 9th. BMO Capital Markets upped their target price on shares of RPM International from $143.00 to $151.00 and gave the stock an "outperform" rating in a research note on Thursday, July 23rd. Royal Bank Of Canada lowered their target price on shares of RPM International from $128.00 to $120.00 and set an "outperform" rating for the company in a report on Wednesday, October 7th. Bank of America raised their price target on shares of RPM International from $129.00 to $130.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. Finally, Weiss Ratings restated a "hold (c)" rating on shares of RPM International in a report on Thursday, October 22nd. Twelve investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, RPM International presently has a consensus rating of "Moderate Buy" and a consensus target price of $121.71.

RPM International Trading Up 2.8%

The stock has a market capitalization of $13.02 billion, a PE ratio of 18.91, a price-to-earnings-growth ratio of 1.76 and a beta of 1.05. The firm has a 50-day moving average price of $100.96 and a 200-day moving average price of $105.46. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.57.

RPM International (NYSE:RPM - Get Free Report) last released its earnings results on Tuesday, October 6th. The specialty chemicals company reported $1.98 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.03. The company had revenue of $2.22 billion for the quarter, compared to analysts' expectations of $2.22 billion. RPM International had a return on equity of 22.03% and a net margin of 8.66%. The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.88 EPS. As a group, equities analysts forecast that RPM International Inc. will post 5.93 EPS for the current fiscal year.

RPM International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a $0.57 dividend. This is a positive change from RPM International's previous quarterly dividend of $0.54. This represents a $2.28 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, October 20th. RPM International's payout ratio is presently 42.22%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of RPM. Motley Fool Asset Management LLC lifted its stake in RPM International by 6.1% in the third quarter. Motley Fool Asset Management LLC now owns 3,376 shares of the specialty chemicals company's stock valued at $333,000 after purchasing an additional 194 shares during the last quarter. Root Financial Partners LLC bought a new position in RPM International during the third quarter valued at $41,000. Nisa Investment Advisors LLC grew its holdings in RPM International by 16.7% during the third quarter. Nisa Investment Advisors LLC now owns 19,972 shares of the specialty chemicals company's stock valued at $1,971,000 after purchasing an additional 2,860 shares during the period. Pension & Wealth Management Advisors Inc. increased its position in RPM International by 35.0% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 1,195 shares of the specialty chemicals company's stock worth $118,000 after buying an additional 310 shares during the last quarter. Finally, Fortitude Family Office LLC increased its position in RPM International by 111.4% in the third quarter. Fortitude Family Office LLC now owns 370 shares of the specialty chemicals company's stock worth $37,000 after buying an additional 195 shares during the last quarter. 80.95% of the stock is owned by institutional investors.

RPM International Company Profile

RPM International Inc is a multinational manufacturer of specialty coatings, sealants, building materials and related products. The company serves industrial, construction, commercial and consumer markets through a portfolio of businesses that develop products designed to protect, repair, maintain and enhance buildings, infrastructure, equipment and other surfaces.

RPM's products include architectural and industrial coatings, waterproofing systems, roofing materials, flooring systems, caulks, adhesives, sealants and repair products.

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