Curio Wealth LLC Invests $81,000 in RPM International Inc. (NYSE:RPM)

Curio Wealth LLC purchased a new position in shares of RPM International Inc. (NYSE:RPM) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 660 shares of the specialty chemicals company’s stock, valued at approximately $81,000.

Several other institutional investors also recently modified their holdings of RPM. Sumitomo Mitsui Trust Group Inc. grew its position in shares of RPM International by 0.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 241,551 shares of the specialty chemicals company’s stock worth $29,228,000 after buying an additional 1,919 shares during the period. Fifth Third Wealth Advisors LLC grew its stake in RPM International by 8.6% in the third quarter. Fifth Third Wealth Advisors LLC now owns 4,805 shares of the specialty chemicals company’s stock valued at $581,000 after acquiring an additional 382 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in RPM International in the third quarter valued at about $330,000. Caisse DE Depot ET Placement DU Quebec grew its stake in RPM International by 2,975.6% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 200,742 shares of the specialty chemicals company’s stock valued at $24,290,000 after acquiring an additional 194,215 shares during the period. Finally, iA Global Asset Management Inc. grew its stake in RPM International by 37.8% in the third quarter. iA Global Asset Management Inc. now owns 1,826 shares of the specialty chemicals company’s stock valued at $221,000 after acquiring an additional 501 shares during the period. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on RPM. Evercore ISI raised shares of RPM International to a “strong-buy” rating in a research note on Tuesday, January 21st. Mizuho reduced their target price on shares of RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday, January 8th. JPMorgan Chase & Co. reduced their target price on shares of RPM International from $126.00 to $124.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Wells Fargo & Company raised shares of RPM International from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $134.00 to $140.00 in a research note on Wednesday, January 8th. Finally, UBS Group upped their target price on shares of RPM International from $123.00 to $130.00 and gave the stock a “neutral” rating in a research note on Thursday, December 19th. Six equities research 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. Based on data from MarketBeat, RPM International has an average rating of “Moderate Buy” and an average price target of $132.00.

RPM International Trading Up 0.5 %

Shares of NYSE:RPM opened at $116.08 on Monday. RPM International Inc. has a 52-week low of $103.69 and a 52-week high of $141.79. 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 company has a market capitalization of $14.92 billion, a P/E ratio of 22.94, a price-to-earnings-growth ratio of 1.97 and a beta of 1.00. The company has a 50-day simple moving average of $123.12 and a 200 day simple moving average of $126.63.

RPM International (NYSE:RPM) last released its quarterly earnings data 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. The company 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 business’s revenue was up 3.0% on a year-over-year basis. During the same period last year, the firm posted $1.22 earnings per share. Sell-side analysts forecast that RPM International Inc. will post 5.5 earnings per share for the current year.

RPM International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend was Friday, January 17th. RPM International’s dividend payout ratio is 40.32%.

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.