BKM Wealth Management LLC Has $516,000 Position in RPM International Inc. (NYSE:RPM)

BKM Wealth Management LLC grew its position in shares of RPM International Inc. (NYSE:RPM) by 30.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,334 shares of the specialty chemicals company’s stock after acquiring an additional 1,003 shares during the quarter. BKM Wealth Management LLC’s holdings in RPM International were worth $516,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC purchased a new position in RPM International during the 1st quarter worth $338,000. FCF Advisors LLC lifted its holdings in RPM International by 32.5% during the first quarter. FCF Advisors LLC now owns 11,477 shares of the specialty chemicals company’s stock valued at $1,365,000 after purchasing an additional 2,818 shares during the last quarter. Rise Advisors LLC purchased a new stake in shares of RPM International in the first quarter worth about $38,000. GAMMA Investing LLC lifted its holdings in shares of RPM International by 14.3% in the first quarter. GAMMA Investing LLC now owns 808 shares of the specialty chemicals company’s stock worth $96,000 after buying an additional 101 shares in the last quarter. Finally, Los Angeles Capital Management LLC lifted its holdings in shares of RPM International by 3.0% in the first quarter. Los Angeles Capital Management LLC now owns 3,833 shares of the specialty chemicals company’s stock worth $456,000 after buying an additional 110 shares in the last quarter. 80.95% of the stock is owned by hedge funds and other institutional investors.

RPM International Stock Down 1.8 %

RPM International stock traded down $1.97 on Monday, hitting $105.71. 117,924 shares of the stock traded hands, compared to its average volume of 617,538. The company has a current ratio of 2.29, a quick ratio of 1.39 and a debt-to-equity ratio of 0.93. The firm has a market cap of $13.61 billion, a P/E ratio of 24.41, a price-to-earnings-growth ratio of 1.51 and a beta of 1.00. The business’s fifty day simple moving average is $110.58 and its 200 day simple moving average is $111.09. RPM International Inc. has a 1 year low of $85.81 and a 1 year high of $120.74.

RPM International (NYSE:RPM) last announced its quarterly earnings data on Thursday, April 4th. The specialty chemicals company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.48 by $0.04. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.52 billion. RPM International had a return on equity of 26.72% and a net margin of 7.61%. The company’s revenue for the quarter was up .4% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 earnings per share. As a group, sell-side analysts forecast that RPM International Inc. will post 4.95 earnings per share for the current year.

RPM International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, April 19th were given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 1.74%. The ex-dividend date was Thursday, April 18th. RPM International’s dividend payout ratio is presently 42.40%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on RPM shares. BMO Capital Markets lowered their price target on shares of RPM International from $127.00 to $123.00 and set an “outperform” rating on the stock in a report on Friday, April 5th. Robert W. Baird upped their price objective on shares of RPM International from $105.00 to $120.00 and gave the stock a “neutral” rating in a research report on Friday, April 5th. Mizuho increased their price target on shares of RPM International from $128.00 to $136.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Finally, UBS Group increased their price target on shares of RPM International from $121.00 to $122.00 and gave the company a “neutral” rating in a research report on Friday, April 5th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $115.11.

About RPM International

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.