One Capital Management LLC Decreases Stock Position in RPM International Inc. (NYSE:RPM)

One Capital Management LLC lessened its stake in RPM International Inc. (NYSE:RPM) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 99,802 shares of the specialty chemicals company’s stock after selling 4,753 shares during the quarter. One Capital Management LLC owned about 0.08% of RPM International worth $12,282,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in RPM. Geode Capital Management LLC increased its stake in RPM International by 5.8% during the third quarter. Geode Capital Management LLC now owns 2,656,684 shares of the specialty chemicals company’s stock worth $320,851,000 after acquiring an additional 145,070 shares during the last quarter. Bank of New York Mellon Corp increased its stake in RPM International by 6.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,430,472 shares of the specialty chemicals company’s stock worth $176,034,000 after acquiring an additional 87,540 shares during the last quarter. GW&K Investment Management LLC increased its stake in RPM International by 0.8% during the fourth quarter. GW&K Investment Management LLC now owns 606,270 shares of the specialty chemicals company’s stock worth $74,607,000 after acquiring an additional 4,536 shares during the last quarter. Boston Trust Walden Corp increased its stake in 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 acquiring an additional 15,602 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in shares of RPM International by 2.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 247,498 shares of the specialty chemicals company’s stock worth $30,457,000 after buying an additional 5,947 shares during the period. Institutional investors and hedge funds own 80.95% of the company’s stock.

RPM International Stock Up 3.1 %

RPM opened at $124.57 on Thursday. The stock has a market capitalization of $16.02 billion, a P/E ratio of 24.62, a price-to-earnings-growth ratio of 1.97 and a beta of 1.01. RPM International Inc. has a one year low of $103.69 and a one year high of $141.79. The business’s 50-day simple moving average is $123.66 and its 200-day simple moving average is $126.37. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.46 and a current ratio of 2.23.

RPM International (NYSE:RPM) last issued its quarterly earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.05. RPM International had a return on equity of 26.76% and a net margin of 8.89%. The firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.79 billion. During the same quarter in the previous year, the firm posted $1.22 EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Analysts anticipate that RPM International Inc. will post 5.5 EPS for the current year.

RPM International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.64%. The ex-dividend date was Friday, January 17th. RPM International’s dividend payout ratio (DPR) is 40.32%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on RPM shares. Evercore ISI upgraded RPM International to a “strong-buy” rating in a research report on Tuesday, January 21st. StockNews.com lowered RPM International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. lowered their price target on RPM International from $126.00 to $124.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. UBS Group raised their price target on RPM International from $123.00 to $130.00 and gave the stock a “neutral” rating in a research report on Thursday, December 19th. Finally, Mizuho decreased their target price on RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th. Six research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $132.00.

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.