RPM International Inc. (NYSE:RPM) Stock Holdings Decreased by Achmea Investment Management B.V.

Achmea Investment Management B.V. decreased its stake in shares of RPM International Inc. (NYSE:RPM) by 16.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 73,034 shares of the specialty chemicals company’s stock after selling 14,589 shares during the quarter. Achmea Investment Management B.V.’s holdings in RPM International were worth $8,987,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Evercore ISI raised shares of RPM International to a “strong-buy” rating in a report on Tuesday, January 21st. Wells Fargo & Company upgraded shares of RPM International from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $134.00 to $140.00 in a research note on Wednesday, January 8th. 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 note on Wednesday, January 8th. StockNews.com lowered RPM International from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, UBS Group raised 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. Six analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $132.00.

RPM International Price Performance

Shares of RPM opened at $115.33 on Friday. RPM International Inc. has a one year low of $103.69 and a one year high of $141.79. The stock’s fifty day moving average is $123.29 and its 200-day moving average is $126.52. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.46 and a current ratio of 2.23. The firm has a market capitalization of $14.83 billion, a price-to-earnings ratio of 22.79, a price-to-earnings-growth ratio of 1.97 and a beta of 1.00.

RPM International (NYSE:RPM) last released its 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 firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.79 billion. RPM International had a net margin of 8.89% and a return on equity of 26.76%. RPM International’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the company earned $1.22 EPS. Equities analysts anticipate that RPM International Inc. will post 5.5 EPS for the current year.

RPM International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were given a $0.51 dividend. The ex-dividend date was Friday, January 17th. This represents a $2.04 dividend on an annualized basis and a yield of 1.77%. RPM International’s dividend payout ratio (DPR) is 40.32%.

About RPM International

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.