RPM International (NYSE:RPM) PT Lowered to $117.00 at UBS Group

RPM International (NYSE:RPM) had its target price trimmed by UBS Group from $122.00 to $117.00 in a research note released on Tuesday, Benzinga reports. The brokerage currently has a neutral rating on the specialty chemicals company’s stock.

Several other analysts also recently issued reports on RPM. Mizuho increased their price objective 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. Robert W. Baird lifted their price target on shares of RPM International from $105.00 to $120.00 and gave the stock a neutral rating in a research note on Friday, April 5th. Finally, BMO Capital Markets lowered their target price on RPM International from $127.00 to $123.00 and set an outperform rating for the company in a research note on Friday, April 5th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of Hold and an average price target of $115.00.

RPM International Trading Up 2.5 %

Shares of RPM opened at $108.78 on Tuesday. RPM International has a 12 month low of $88.84 and a 12 month high of $120.74. The stock’s 50-day moving average is $110.35 and its two-hundred day moving average is $110.76. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.29 and a quick ratio of 1.39. The stock has a market cap of $14.01 billion, a PE ratio of 25.06, a P/E/G ratio of 1.50 and a beta of 1.00.

RPM International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 17th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.69%. The ex-dividend date is Wednesday, July 17th. RPM International’s dividend payout ratio is currently 42.40%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of RPM. V Square Quantitative Management LLC acquired a new stake in shares of RPM International during the 4th quarter valued at approximately $25,000. Rise Advisors LLC bought a new stake in shares of RPM International during the 1st quarter valued at about $38,000. Cambridge Trust Co. raised its stake in RPM International by 273.3% during the first quarter. Cambridge Trust Co. now owns 336 shares of the specialty chemicals company’s stock worth $40,000 after acquiring an additional 246 shares during the period. Versant Capital Management Inc lifted its holdings in RPM International by 588.9% in the second quarter. Versant Capital Management Inc now owns 372 shares of the specialty chemicals company’s stock worth $40,000 after acquiring an additional 318 shares during the last quarter. Finally, LRI Investments LLC acquired a new position in RPM International in the first quarter valued at approximately $52,000. Institutional investors own 80.95% of the company’s stock.

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.