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

Creative Financial Designs Inc. ADV increased its position in shares of RPM International Inc. (NYSE:RPM) by 148.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 535 shares of the specialty chemicals company’s stock after purchasing 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.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RPM. Fifth Third Wealth Advisors LLC raised its holdings in RPM International by 8.6% during the third quarter. Fifth Third Wealth Advisors LLC now owns 4,805 shares of the specialty chemicals company’s stock worth $581,000 after purchasing an additional 382 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in RPM International during the third quarter worth $330,000. Caisse DE Depot ET Placement DU Quebec raised its holdings in RPM International by 2,975.6% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 200,742 shares of the specialty chemicals company’s stock worth $24,290,000 after purchasing an additional 194,215 shares during the last quarter. iA Global Asset Management Inc. raised its holdings in RPM International by 37.8% during the third quarter. iA Global Asset Management Inc. now owns 1,826 shares of the specialty chemicals company’s stock worth $221,000 after purchasing an additional 501 shares during the last quarter. Finally, Dorsey Wright & Associates raised its holdings in shares of RPM International by 4.0% in the third quarter. Dorsey Wright & Associates now owns 26,194 shares of the specialty chemicals company’s stock worth $3,169,000 after acquiring an additional 1,006 shares during the last quarter. 80.95% of the stock is owned by institutional investors and hedge funds.

RPM International Price Performance

Shares of NYSE:RPM opened at $113.98 on Friday. The company has a market cap 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. The company has a quick ratio of 1.46, a current ratio of 2.23 and a debt-to-equity ratio of 0.74. RPM International Inc. has a 52 week low of $103.69 and a 52 week high of $141.79. The business has a fifty day simple moving average of $122.59 and a 200-day simple moving average of $126.47.

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

RPM International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date was Friday, January 17th. RPM International’s dividend payout ratio (DPR) is presently 40.32%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on RPM shares. Mizuho cut 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. UBS Group boosted their price target on RPM International from $123.00 to $130.00 and gave the stock a “neutral” rating in a report on Thursday, December 19th. StockNews.com cut RPM International from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Wells Fargo & Company raised RPM International from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $134.00 to $140.00 in a report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. cut their price target on RPM International from $126.00 to $124.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Six equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, RPM International currently has a consensus rating of “Moderate Buy” and an average target price of $132.00.

RPM International Company 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.