RPM International Inc. (NYSE:RPM) VP Matthew T. Ratajczak Sells 696 Shares

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RPM International Inc. (NYSE:RPM) VP Matthew T. Ratajczak sold 696 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $74.77, for a total transaction of $52,039.92. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

RPM opened at $73.74 on Friday. The business’s 50-day moving average is $74.04 and its two-hundred day moving average is $71.64. RPM International Inc. has a 1 year low of $53.40 and a 1 year high of $77.47. The company has a debt-to-equity ratio of 1.90, a current ratio of 2.40 and a quick ratio of 1.50. The firm has a market capitalization of $9.64 billion, a PE ratio of 24.05, a price-to-earnings-growth ratio of 1.21 and a beta of 1.27.

RPM International (NYSE:RPM) last issued its quarterly earnings results on Wednesday, January 8th. The specialty chemicals company reported $0.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.03. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.39 billion. RPM International had a return on equity of 28.74% and a net margin of 5.89%. The company’s revenue was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.52 earnings per share. As a group, sell-side analysts expect that RPM International Inc. will post 3.36 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 16th were paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend was Wednesday, January 15th. RPM International’s payout ratio is 53.14%.

Several hedge funds have recently made changes to their positions in the company. Procyon Private Wealth Partners LLC purchased a new position in shares of RPM International during the 4th quarter worth $216,000. Archer Investment Corp acquired a new position in shares of RPM International in the fourth quarter worth approximately $33,000. Geode Capital Management LLC boosted its holdings in RPM International by 5.0% in the fourth quarter. Geode Capital Management LLC now owns 1,434,536 shares of the specialty chemicals company’s stock valued at $110,012,000 after acquiring an additional 67,752 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in RPM International by 2.7% in the fourth quarter. Baird Financial Group Inc. now owns 204,452 shares of the specialty chemicals company’s stock valued at $15,694,000 after acquiring an additional 5,409 shares during the last quarter. Finally, Westwood Holdings Group Inc. increased its position in RPM International by 1.3% during the 4th quarter. Westwood Holdings Group Inc. now owns 129,083 shares of the specialty chemicals company’s stock valued at $9,908,000 after purchasing an additional 1,675 shares during the period. 77.40% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have commented on the stock. ValuEngine cut shares of RPM International from a “hold” rating to a “sell” rating in a research note on Saturday, January 4th. Gabelli reaffirmed a “buy” rating on shares of RPM International in a report on Thursday, January 9th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $73.83.

RPM International Company Profile

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. Its Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and flooring and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes.

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