74,443 Shares in RPM International Inc. (NYSE:RPM) Purchased by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC purchased a new position in RPM International Inc. (NYSE:RPM) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 74,443 shares of the specialty chemicals company’s stock, valued at approximately $9,161,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in shares of RPM International by 5.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,656,684 shares of the specialty chemicals company’s stock valued at $320,851,000 after purchasing an additional 145,070 shares during the period. Bank of New York Mellon Corp increased its stake in shares of RPM International by 6.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,430,472 shares of the specialty chemicals company’s stock worth $176,034,000 after purchasing an additional 87,540 shares during the period. GW&K Investment Management LLC lifted its holdings in shares of RPM International by 0.8% during the fourth quarter. GW&K Investment Management LLC now owns 606,270 shares of the specialty chemicals company’s stock worth $74,607,000 after buying an additional 4,536 shares during the last quarter. Boston Trust Walden Corp grew its position in RPM International by 3.2% in the 4th quarter. Boston Trust Walden Corp now owns 509,601 shares of the specialty chemicals company’s stock worth $62,712,000 after purchasing an additional 15,602 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in RPM International by 2.5% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 247,498 shares of the specialty chemicals company’s stock valued at $30,457,000 after acquiring an additional 5,947 shares in the last quarter. 80.95% of the stock is owned by institutional investors and hedge funds.

RPM International Stock Up 0.3 %

Shares of RPM International stock opened at $116.40 on Friday. RPM International Inc. has a one year low of $103.69 and a one year high of $141.79. 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 stock’s 50-day moving average is $121.80 and its 200 day moving average is $126.49. The firm has a market cap of $14.97 billion, a price-to-earnings ratio of 23.00, a PEG ratio of 1.97 and a beta of 1.00.

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 the consensus estimate of $1.34 by $0.05. RPM International had a net margin of 8.89% and a return on equity of 26.76%. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter last year, the firm posted $1.22 EPS. RPM International’s revenue was up 3.0% compared to the same quarter last year. Equities research analysts anticipate that RPM International Inc. will post 5.5 EPS for the current year.

RPM International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend was Friday, January 17th. RPM International’s payout ratio is 40.32%.

Analyst Ratings Changes

A number of research analysts have commented on RPM shares. Wells Fargo & Company upgraded shares of RPM International from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $134.00 to $140.00 in a research note on Wednesday, January 8th. Mizuho dropped their price objective on shares of RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Evercore ISI upgraded shares of RPM International to a “strong-buy” rating in a research report on Tuesday, January 21st. UBS Group upped their price objective on RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a report on Thursday, December 19th. Finally, StockNews.com cut RPM International from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, RPM International 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.