Godshalk Welsh Capital Management Inc. Has $1.05 Million Stake in RPM International Inc. (NYSE:RPM)

Godshalk Welsh Capital Management Inc. reduced its stake in RPM International Inc. (NYSE:RPM) by 1.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,555 shares of the specialty chemicals company’s stock after selling 100 shares during the quarter. Godshalk Welsh Capital Management Inc.’s holdings in RPM International were worth $1,053,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its stake in shares of RPM International by 55.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company’s stock worth $29,000 after buying an additional 84 shares during the last quarter. Crews Bank & Trust acquired a new position in RPM International during the 4th quarter worth $37,000. Farther Finance Advisors LLC boosted its holdings in RPM International by 58.7% during the fourth quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company’s stock valued at $52,000 after acquiring an additional 155 shares during the period. Fairway Wealth LLC grew its position in shares of RPM International by 829.8% in the fourth quarter. Fairway Wealth LLC now owns 437 shares of the specialty chemicals company’s stock valued at $54,000 after purchasing an additional 390 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its stake in shares of RPM International by 148.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 535 shares of the specialty chemicals company’s stock worth $66,000 after purchasing an additional 320 shares during the period. Institutional investors own 80.95% of the company’s stock.

RPM International Stock Up 0.2 %

Shares of RPM opened at $116.05 on Thursday. The company has a quick ratio of 1.46, a current ratio of 2.23 and a debt-to-equity ratio of 0.74. The company has a 50-day moving average price of $122.00 and a two-hundred day moving average price of $126.56. The stock has a market cap of $14.92 billion, a price-to-earnings ratio of 22.94, a P/E/G ratio of 1.97 and a beta of 1.00. RPM International Inc. has a 12 month low of $103.69 and a 12 month high of $141.79.

RPM International (NYSE:RPM) last announced its quarterly earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 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 business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same quarter in the previous year, the firm earned $1.22 EPS. RPM International’s quarterly revenue was up 3.0% on a year-over-year basis. Equities analysts predict that RPM International Inc. will post 5.5 EPS for the current fiscal year.

RPM International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date was Friday, January 17th. RPM International’s dividend payout ratio (DPR) is currently 40.32%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Wells Fargo & Company upgraded RPM International from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $134.00 to $140.00 in a research note on Wednesday, January 8th. Mizuho lowered their price objective on shares of RPM International from $150.00 to $140.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. UBS Group upped their target price on shares of RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a research note on Thursday, December 19th. StockNews.com lowered shares of RPM International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, Evercore ISI upgraded shares of RPM International to a “strong-buy” rating in a report on Tuesday, January 21st. Six 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’s stock. According to MarketBeat, RPM International has an average rating of “Moderate Buy” and a consensus 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.