RPM International Inc. (NYSE:RPM) Shares Sold by Cozad Asset Management Inc.

Cozad Asset Management Inc. trimmed its holdings in RPM International Inc. (NYSE:RPM) by 4.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,396 shares of the specialty chemicals company’s stock after selling 1,299 shares during the period. Cozad Asset Management Inc.’s holdings in RPM International were worth $3,248,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of RPM International in the 3rd quarter valued at approximately $1,295,000. Toronto Dominion Bank raised its position in shares of RPM International by 33.0% in the 3rd quarter. Toronto Dominion Bank now owns 16,384 shares of the specialty chemicals company’s stock valued at $1,982,000 after purchasing an additional 4,062 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of RPM International by 9.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 96,692 shares of the specialty chemicals company’s stock valued at $11,899,000 after purchasing an additional 8,725 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec raised its position in shares of RPM International by 2,975.6% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 200,742 shares of the specialty chemicals company’s stock valued at $24,290,000 after purchasing an additional 194,215 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of RPM International by 5.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,656,684 shares of the specialty chemicals company’s stock valued at $320,851,000 after purchasing an additional 145,070 shares in the last quarter. 80.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on RPM. StockNews.com downgraded RPM International from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. UBS Group boosted their price target on RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a report on Thursday, December 19th. Evercore ISI upgraded RPM International to a “strong-buy” rating in a report on Tuesday, January 21st. Mizuho lowered their price target on RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th. Finally, Wells Fargo & Company upgraded RPM International from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $134.00 to $140.00 in a report on Wednesday, January 8th. Six investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $132.00.

RPM International Price Performance

Shares of RPM opened at $116.08 on Monday. The firm has a market capitalization of $14.92 billion, a price-to-earnings ratio of 22.94, a price-to-earnings-growth ratio of 1.97 and a beta of 1.00. 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 Inc. has a one year low of $103.69 and a one year high of $141.79. The stock’s fifty day moving average is $123.12 and its 200-day moving average is $126.63.

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

RPM International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were issued 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 40.32%.

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.