18,507 Shares in RPM International Inc. $RPM Bought by First National Bank of Omaha

First National Bank of Omaha bought a new position in shares of RPM International Inc. (NYSE:RPM) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 18,507 shares of the specialty chemicals company’s stock, valued at approximately $2,057,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ares Financial Consulting LLC bought a new stake in shares of RPM International in the 4th quarter valued at $37,000. Rothschild Investment LLC lifted its holdings in RPM International by 2,387.0% during the fourth quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock worth $59,000 after acquiring an additional 549 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in RPM International during the fourth quarter worth about $60,000. USA Financial Formulas acquired a new position in RPM International in the first quarter valued at about $67,000. Finally, Resources Management Corp CT ADV grew its stake in RPM International by 21,566.7% in the fourth quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company’s stock valued at $68,000 after acquiring an additional 647 shares during the period. Institutional investors and hedge funds own 80.95% of the company’s stock.

RPM International Stock Performance

Shares of RPM opened at $111.53 on Thursday. The company has a current ratio of 1.68, a quick ratio of 1.16 and a debt-to-equity ratio of 0.64. RPM International Inc. has a 12 month low of $92.92 and a 12 month high of $129.12. The firm has a fifty day simple moving average of $109.19 and a 200 day simple moving average of $106.70. The stock has a market capitalization of $14.25 billion, a price-to-earnings ratio of 21.61, a PEG ratio of 2.26 and a beta of 1.04.

RPM International (NYSE:RPM) last issued its quarterly earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.83 by $0.06. The firm had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.18 billion. RPM International had a net margin of 8.41% and a return on equity of 22.45%. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.72 EPS. Research analysts forecast that RPM International Inc. will post 6 EPS for the current fiscal year.

RPM International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 14th were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Tuesday, July 14th. RPM International’s dividend payout ratio (DPR) is currently 41.86%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on RPM shares. Royal Bank Of Canada raised their price target on RPM International from $126.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of RPM International in a research report on Friday, July 24th. BMO Capital Markets increased their target price on RPM International from $143.00 to $151.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. UBS Group raised RPM International from a “neutral” rating to a “buy” rating and increased their target price for the stock from $118.00 to $130.00 in a research note on Wednesday, May 27th. Finally, Bank of America lifted their price target on shares of RPM International from $129.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $126.00.

About RPM International

RPM International Inc is a global holding company whose subsidiaries specialize in the manufacture and marketing of high-performance coatings, sealants, building materials, and specialty chemicals. Through its two principal operating segments—Performance Coatings and Industrial Coatings—RPM serves a diverse range of end markets, including construction, consumer products, industrial maintenance, and specialty applications.

The company’s Performance Coatings segment offers a broad portfolio of architectural coatings, waterproofing systems, and specialty building products used by contractors, builders, and homeowners.