Captrust Financial Advisors Decreases Position in RPM International Inc. (NYSE:RPM)

Captrust Financial Advisors lowered its stake in shares of RPM International Inc. (NYSE:RPM) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,095 shares of the specialty chemicals company’s stock after selling 191 shares during the quarter. Captrust Financial Advisors’ holdings in RPM International were worth $1,119,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of RPM. Janney Montgomery Scott LLC grew its stake in RPM International by 9.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 96,692 shares of the specialty chemicals company’s stock worth $11,899,000 after purchasing an additional 8,725 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of RPM International by 2.5% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 247,498 shares of the specialty chemicals company’s stock valued at $30,457,000 after buying an additional 5,947 shares during the period. Tributary Capital Management LLC grew its position in shares of RPM International by 34.5% during the fourth quarter. Tributary Capital Management LLC now owns 9,368 shares of the specialty chemicals company’s stock worth $1,153,000 after buying an additional 2,404 shares in the last quarter. Boston Trust Walden Corp increased its stake in shares of RPM International by 3.2% during the fourth quarter. Boston Trust Walden Corp now owns 509,601 shares of the specialty chemicals company’s stock worth $62,712,000 after buying an additional 15,602 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in shares of RPM International by 302.8% during the fourth quarter. Jones Financial Companies Lllp now owns 4,507 shares of the specialty chemicals company’s stock worth $555,000 after buying an additional 3,388 shares during the period. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on RPM shares. Morgan Stanley lowered their price target on shares of RPM International from $125.00 to $113.00 and set an “equal weight” rating for the company in a report on Wednesday, April 9th. Royal Bank of Canada lowered their target price on shares of RPM International from $126.00 to $116.00 and set a “sector perform” rating for the company in a research note 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 report on Wednesday, April 9th. StockNews.com downgraded RPM International from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, BMO Capital Markets lowered their price objective on RPM International from $154.00 to $126.00 and set an “outperform” rating for the company in a research report on Wednesday, April 9th. Seven analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $122.10.

RPM International Stock Up 2.0%

RPM opened at $114.59 on Friday. RPM International Inc. has a one year low of $95.28 and a one year high of $141.79. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.46 and a current ratio of 2.23. The stock has a market capitalization of $14.72 billion, a P/E ratio of 22.65, a price-to-earnings-growth ratio of 1.97 and a beta of 1.08. The business’s 50-day simple moving average is $109.82 and its 200-day simple moving average is $121.69.

RPM International (NYSE:RPM) last released its quarterly earnings results on Tuesday, April 8th. The specialty chemicals company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.15). The firm had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.51 billion. RPM International had a return on equity of 26.76% and a net margin of 8.89%. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.52 EPS. Analysts anticipate that RPM International Inc. will post 5.5 EPS for the current year.

RPM International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Thursday, April 17th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, April 17th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.78%. 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.