RPM International (NYSE:RPM) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

RPM International Inc. (NYSE:RPM) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $113.34 and traded as high as $120.19. RPM International shares last traded at $118.1520, with a volume of 828,983 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts have issued reports on RPM shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of RPM International in a research report on Monday, December 29th. Royal Bank Of Canada raised RPM International from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $121.00 to $132.00 in a report on Tuesday, December 9th. Citigroup dropped their price target on RPM International from $136.00 to $127.00 and set a “buy” rating on the stock in a report on Thursday, December 18th. JPMorgan Chase & Co. upgraded RPM International from a “neutral” rating to an “overweight” rating and reduced their price objective for the company from $117.00 to $115.00 in a research note on Friday, January 9th. Finally, KeyCorp reiterated a “sector weight” rating on shares of RPM International in a research note on Friday, January 9th. Ten research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, RPM International presently has an average rating of “Moderate Buy” and a consensus price target of $126.75.

RPM International Trading Down 1.7%

The company has a debt-to-equity ratio of 0.80, a current ratio of 2.22 and a quick ratio of 1.45. The firm has a fifty day simple moving average of $109.33 and a two-hundred day simple moving average of $113.34. The firm has a market capitalization of $15.13 billion, a P/E ratio of 22.77, a price-to-earnings-growth ratio of 2.84 and a beta of 1.10.

RPM International (NYSE:RPM) last issued its earnings results on Thursday, January 8th. The specialty chemicals company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.21). The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.94 billion. RPM International had a net margin of 8.79% and a return on equity of 22.49%. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.39 earnings per share. On average, equities research analysts anticipate that RPM International Inc. will post 5.5 earnings per share for the current fiscal year.

RPM International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were issued a dividend of $0.54 per share. The ex-dividend date of this dividend was Friday, January 16th. This represents a $2.16 annualized dividend and a yield of 1.8%. RPM International’s dividend payout ratio is 41.62%.

Insiders Place Their Bets

In other news, VP Timothy R. Kinser sold 3,441 shares of RPM International stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $110.31, for a total value of $379,576.71. Following the completion of the transaction, the vice president owned 21,248 shares in the company, valued at $2,343,866.88. This trade represents a 13.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Root Financial Partners LLC purchased a new position in RPM International in the 3rd quarter valued at approximately $30,000. Versant Capital Management Inc boosted its holdings in shares of RPM International by 48.6% in the third quarter. Versant Capital Management Inc now owns 275 shares of the specialty chemicals company’s stock worth $32,000 after acquiring an additional 90 shares during the period. Ares Financial Consulting LLC purchased a new position in shares of RPM International in the fourth quarter valued at $37,000. Los Angeles Capital Management LLC bought a new stake in shares of RPM International during the 4th quarter valued at $60,000. Finally, Rothschild Investment LLC raised its stake in shares of RPM International by 2,387.0% during the 4th quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock valued at $59,000 after purchasing an additional 549 shares during the period. 80.95% of the stock is owned by institutional investors.

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.