RPM International Inc. (NYSE:RPM) Shares Acquired by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV raised its holdings in shares of RPM International Inc. (NYSE:RPM) by 148.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 535 shares of the specialty chemicals company’s stock after acquiring an additional 320 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in RPM International were worth $66,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in shares of RPM International by 55.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 84 shares in the last quarter. Crews Bank & Trust acquired a new stake in shares of RPM International in the 4th quarter valued at about $37,000. Farther Finance Advisors LLC boosted its position in shares of RPM International by 58.7% in the 4th quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company’s stock valued at $52,000 after purchasing an additional 155 shares during the period. Fairway Wealth LLC boosted its position in shares of RPM International by 829.8% in the 4th 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 period. Finally, UMB Bank n.a. boosted its position in shares of RPM International by 84.0% in the 4th quarter. UMB Bank n.a. now owns 657 shares of the specialty chemicals company’s stock valued at $81,000 after purchasing an additional 300 shares during the period. 80.95% of the stock is owned by institutional investors and hedge funds.

RPM International Stock Down 1.6 %

RPM opened at $113.98 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.23 and a quick ratio of 1.46. The business has a 50 day simple moving average of $122.59 and a 200-day simple moving average of $126.47. The stock has a market capitalization of $14.65 billion, a P/E ratio of 22.52, 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 posted 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. The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations 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 firm earned $1.22 EPS. On average, equities analysts anticipate that RPM International Inc. will post 5.5 earnings per share for the current fiscal 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 $0.51 dividend. The ex-dividend date was Friday, January 17th. This represents a $2.04 annualized dividend and a dividend yield of 1.79%. RPM International’s dividend payout ratio is currently 40.32%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on RPM shares. Evercore ISI raised RPM International to a “strong-buy” rating in a research report on Tuesday, January 21st. Mizuho decreased their target price on RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. UBS Group upped their target price on RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th. JPMorgan Chase & Co. decreased their target price on RPM International from $126.00 to $124.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company raised RPM International from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $134.00 to $140.00 in a research report on Wednesday, January 8th. Six investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $132.00.

RPM International 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.