Fort Washington Investment Advisors Inc. OH Invests $217,000 in RPM International Inc. (NYSE:RPM)

Fort Washington Investment Advisors Inc. OH purchased a new position in shares of RPM International Inc. (NYSE:RPMGet Rating) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 2,150 shares of the specialty chemicals company’s stock, valued at approximately $217,000.

Several other hedge funds also recently modified their holdings of the company. Johnson Investment Counsel Inc. lifted its position in shares of RPM International by 0.6% during the third quarter. Johnson Investment Counsel Inc. now owns 20,339 shares of the specialty chemicals company’s stock worth $1,579,000 after purchasing an additional 120 shares during the last quarter. Tributary Capital Management LLC lifted its holdings in RPM International by 4.6% in the fourth quarter. Tributary Capital Management LLC now owns 6,145 shares of the specialty chemicals company’s stock worth $621,000 after acquiring an additional 268 shares during the last quarter. Mutual of America Capital Management LLC lifted its holdings in RPM International by 0.3% in the third quarter. Mutual of America Capital Management LLC now owns 114,429 shares of the specialty chemicals company’s stock worth $8,885,000 after acquiring an additional 315 shares during the last quarter. Fieldpoint Private Securities LLC lifted its holdings in RPM International by 2.7% in the fourth quarter. Fieldpoint Private Securities LLC now owns 12,958 shares of the specialty chemicals company’s stock worth $1,309,000 after acquiring an additional 341 shares during the last quarter. Finally, Cozad Asset Management Inc. lifted its holdings in RPM International by 1.3% in the third quarter. Cozad Asset Management Inc. now owns 30,522 shares of the specialty chemicals company’s stock worth $2,370,000 after acquiring an additional 389 shares during the last quarter. 79.49% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have commented on the stock. BMO Capital Markets dropped their price target on shares of RPM International from $115.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 12th. TheStreet lowered shares of RPM International from a “b” rating to a “c+” rating in a research note on Wednesday, April 6th. JPMorgan Chase & Co. upgraded shares of RPM International from an “underweight” rating to a “neutral” rating and raised their price target for the company from $85.00 to $100.00 in a research note on Thursday, January 6th. Bank of America lowered shares of RPM International from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 6th. They noted that the move was a valuation call. Finally, StockNews.com lowered shares of RPM International from a “buy” rating to a “hold” rating in a research note on Wednesday. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $98.00.

RPM International stock opened at $87.43 on Friday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.84 and a current ratio of 1.45. The firm has a market cap of $11.32 billion, a price-to-earnings ratio of 25.34, a price-to-earnings-growth ratio of 4.55 and a beta of 0.99. RPM International Inc. has a 1 year low of $75.11 and a 1 year high of $101.48. The firm’s 50 day moving average price is $83.26 and its two-hundred day moving average price is $88.33.

RPM International (NYSE:RPMGet Rating) last posted its quarterly earnings data on Wednesday, April 6th. The specialty chemicals company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.08. RPM International had a net margin of 6.94% and a return on equity of 25.48%. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the business posted $0.38 EPS. The company’s revenue was up 13.0% on a year-over-year basis. As a group, equities analysts predict that RPM International Inc. will post 3.69 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 29th. Investors of record on Thursday, April 14th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend is Wednesday, April 13th. RPM International’s dividend payout ratio is 46.38%.

RPM International Company Profile (Get Rating)

RPM International Inc manufactures, markets, and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coatings, and institutional roofing systems; air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and subfloor preparation, flooring, and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; 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; and insulated building cladding materials and concrete form wall systems.

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Institutional Ownership by Quarter for RPM International (NYSE:RPM)

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