RPM International (NYSE:RPM – Get Free Report) had its target price lowered by equities research analysts at Wells Fargo & Company from $135.00 to $130.00 in a report released on Monday, Benzinga reports. The brokerage currently has an “overweight” rating on the specialty chemicals company’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 32.19% from the stock’s current price.
Other research analysts have also recently issued research reports about the stock. Royal Bank Of Canada increased their target price on shares of RPM International from $126.00 to $128.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Morgan Stanley cut their price target on shares of RPM International from $117.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Monday, September 28th. KeyCorp initiated coverage on shares of RPM International in a research note on Friday, September 11th. They set an “overweight” rating and a $123.00 price objective for the company. Weiss Ratings restated a “hold (c)” rating on shares of RPM International in a report on Friday, July 24th. Finally, Bank of America lifted their target price on RPM International from $129.00 to $130.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.85.
Read Our Latest Stock Analysis on RPM
RPM International Stock Up 3.2%
RPM International (NYSE:RPM – Get Free Report) last released its earnings results on Tuesday, October 6th. The specialty chemicals company reported $1.98 EPS for the quarter, beating the consensus estimate of $1.95 by $0.03. RPM International had a return on equity of 22.45% and a net margin of 8.41%.The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same quarter in the previous year, the business posted $1.88 EPS. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, sell-side analysts anticipate that RPM International will post 5.96 earnings per share for the current fiscal year.
Institutional Trading of RPM International
A number of hedge funds have recently modified their holdings of RPM. BlackRock Inc. bought a new position in shares of RPM International during the second quarter worth approximately $1,456,684,000. Corient Private Wealth LP bought a new stake in RPM International in the 2nd quarter valued at $11,652,000. Bank of New York Mellon Corp bought a new stake in RPM International in the 2nd quarter valued at $118,220,000. Legal & General Group Plc acquired a new position in RPM International in the 2nd quarter valued at $37,713,000. Finally, Deutsche Bank AG acquired a new position in RPM International in the 2nd quarter valued at $25,999,000. Institutional investors and hedge funds own 80.95% of the company’s stock.
Trending Headlines about RPM International
Here are the key news stories impacting RPM International this week:
- Positive Sentiment: Quarterly earnings beat estimates: RPM reported adjusted EPS of $1.98, up from $1.88 a year earlier and ahead of the $1.95 analyst consensus. Revenue increased 4.8% year over year to approximately $2.22 billion. RPM Reports Record Fiscal 2027 First-Quarter Results
- Positive Sentiment: Profitability reached a record: Adjusted EBITDA was reported at $405.5 million, supported by growth in emerging markets and strong performance from the Performance Coatings group. The earnings beat and improved EPS helped reinforce the case for RPM’s ongoing cost controls and share repurchases. RPM International Q1 2027 Earnings
- Positive Sentiment: Fiscal 2027 growth expectations remain supportive: Management maintained a sales-growth outlook for the year, while investors viewed the quarter as evidence that operational improvements can offset parts of the softer construction and do-it-yourself markets. RPM International Sees Sales Growth in Fiscal 2027
- Neutral Sentiment: Analyst valuation remains favorable but estimates are mixed: Wells Fargo kept an “overweight” rating but lowered its price target from $135 to $130, reflecting some caution despite the earnings beat. The broader analyst targets cited in the reports remain materially above the current trading level.
- Negative Sentiment: Housing and raw-material risks remain overhangs: RPM’s CEO warned that housing turnover is at a 40-year low and is unlikely to improve soon. Management also expects roughly 5%–6% raw-material inflation in the first quarter, with price-cost pressures potentially negative during the first half of the year. These factors could limit margins and demand in construction-related businesses. RPM CEO Sounds Housing Alarm
About RPM International
RPM International Inc is a multinational manufacturer of specialty coatings, sealants, building materials and related products. The company serves the construction, industrial, automotive, marine and consumer markets through a portfolio of businesses that develop products for protecting, repairing, maintaining and enhancing surfaces and structures.
Its brands and businesses include Rust-Oleum consumer and industrial coatings, DAP caulks and sealants, Tremco and Euclid Chemical construction products, Carboline protective coatings, Stonhard seamless flooring systems and Flowcrete flooring products.
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