RPM International Inc. (NYSE:RPM) Given Average Rating of

Shares of RPM International Inc. (NYSE:RPM – Get Rating) have received a consensus recommendation of “Hold” from the ten brokerages that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $96.75.

Several equities analysts have recently weighed in on the stock. Bank of America reduced their target price on shares of RPM International from $90.00 to $78.00 and set an “underperform” rating for the company in a research note on Wednesday, July 13th. StockNews.com upgraded shares of RPM International from a “hold” rating to a “buy” rating in a research report on Thursday, May 19th. Credit Suisse Group initiated coverage on shares of RPM International in a research report on Monday, June 27th. They issued an “outperform” rating and a $95.00 price objective for the company. TheStreet lowered shares of RPM International from a “b-” rating to a “c+” rating in a research report on Friday, July 8th. Finally, BMO Capital Markets cut their price objective on shares of RPM International from $115.00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday, April 12th.

Insider Activity at RPM International

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In related news, CAO Michael J. Laroche sold 1,476 shares of the firm’s stock in a transaction that occurred on Monday, May 2nd. The shares were sold at an average price of $83.55, for a total value of $123,319.80. Following the sale, the chief accounting officer now directly owns 6,525 shares of the company’s stock, valued at $545,163.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Huntington National Bank grew its position in RPM International by 0.8% during the first quarter. Huntington National Bank now owns 14,824 shares of the specialty chemicals company’s stock valued at $1,207,000 after acquiring an additional 123 shares during the last quarter. CENTRAL TRUST Co grew its position in RPM International by 10.6% during the fourth quarter. CENTRAL TRUST Co now owns 1,374 shares of the specialty chemicals company’s stock valued at $139,000 after acquiring an additional 132 shares during the last quarter. Ancora Advisors LLC grew its position in RPM International by 11.5% during the first quarter. Ancora Advisors LLC now owns 1,450 shares of the specialty chemicals company’s stock valued at $133,000 after acquiring an additional 150 shares during the last quarter. Transcend Capital Advisors LLC grew its position in RPM International by 6.6% during the first quarter. Transcend Capital Advisors LLC now owns 3,246 shares of the specialty chemicals company’s stock valued at $264,000 after acquiring an additional 200 shares during the last quarter. Finally, Aurora Investment Counsel grew its position in RPM International by 1.7% during the first quarter. Aurora Investment Counsel now owns 14,703 shares of the specialty chemicals company’s stock valued at $1,197,000 after acquiring an additional 245 shares during the last quarter. 79.96% of the stock is currently owned by institutional investors.

RPM International Price Performance

RPM opened at $83.30 on Wednesday. The company has a market capitalization of $10.79 billion, a price-to-earnings ratio of 24.14 and a beta of 0.92. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 1.03. The firm has a 50-day moving average price of $82.58 and a 200-day moving average price of $84.61. RPM International has a twelve month low of $74.56 and a twelve month high of $101.48.

RPM International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 29th. Investors of record on Friday, July 15th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend is Thursday, July 14th. RPM International’s dividend payout ratio is currently 46.38%.

About RPM International

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RPM International Inc manufactures, markets, and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coatings, and institutional roofing systems; air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and subfloor preparation, flooring, and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; 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; and insulated building cladding materials and concrete form wall systems.

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Analyst Recommendations for RPM International (NYSE:RPM)

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