RPM International Inc. (NYSE:RPM) saw unusually large options trading activity on Thursday. Stock traders purchased 1,791 call options on the company. This is an increase of approximately 2,111% compared to the average volume of 81 call options.

Several equities analysts have commented on RPM shares. TheStreet raised shares of RPM International from a “c+” rating to a “b-” rating in a research report on Tuesday, December 5th. Zacks Investment Research raised shares of RPM International from a “hold” rating to a “buy” rating and set a $61.00 target price on the stock in a research report on Tuesday, January 9th. Finally, Royal Bank of Canada reissued a “hold” rating and set a $51.00 target price on shares of RPM International in a research report on Wednesday, November 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. RPM International has a consensus rating of “Hold” and an average price target of $57.86.

In related news, SVP Edward W. Moore sold 2,578 shares of the firm’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $53.79, for a total value of $138,670.62. Following the transaction, the senior vice president now owns 98,417 shares of the company’s stock, valued at approximately $5,293,850.43. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Frank C. Sullivan sold 35,000 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $52.38, for a total transaction of $1,833,300.00. Following the completion of the transaction, the chairman now directly owns 1,188,489 shares in the company, valued at approximately $62,253,053.82. The disclosure for this sale can be found here. 2.10% of the stock is owned by corporate insiders.

Several hedge funds have recently modified their holdings of the company. State Street Corp increased its stake in shares of RPM International by 0.4% during the 2nd quarter. State Street Corp now owns 6,557,057 shares of the specialty chemicals company’s stock worth $357,688,000 after purchasing an additional 23,088 shares during the last quarter. Bank of New York Mellon Corp grew its stake in RPM International by 1.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,657,651 shares of the specialty chemicals company’s stock valued at $85,103,000 after buying an additional 25,533 shares in the last quarter. TimesSquare Capital Management LLC grew its stake in RPM International by 53.9% in the 3rd quarter. TimesSquare Capital Management LLC now owns 1,123,600 shares of the specialty chemicals company’s stock valued at $57,686,000 after buying an additional 393,500 shares in the last quarter. Lord Abbett & CO. LLC grew its stake in RPM International by 9.5% in the 2nd quarter. Lord Abbett & CO. LLC now owns 1,007,328 shares of the specialty chemicals company’s stock valued at $54,950,000 after buying an additional 87,679 shares in the last quarter. Finally, Mawer Investment Management Ltd. grew its stake in RPM International by 0.4% in the 3rd quarter. Mawer Investment Management Ltd. now owns 967,758 shares of the specialty chemicals company’s stock valued at $49,685,000 after buying an additional 3,850 shares in the last quarter. Institutional investors own 75.20% of the company’s stock.

Shares of RPM International (NYSE RPM) traded down $0.26 during mid-day trading on Monday, hitting $52.92. 891,358 shares of the stock traded hands, compared to its average volume of 1,238,577. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.42 and a current ratio of 2.23. RPM International has a 12 month low of $47.87 and a 12 month high of $56.69. The stock has a market cap of $7,070.00, a price-to-earnings ratio of 20.92, a P/E/G ratio of 1.90 and a beta of 1.53.

RPM International (NYSE:RPM) last issued its quarterly earnings results on Thursday, January 4th. The specialty chemicals company reported $0.70 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.11. RPM International had a net margin of 6.80% and a return on equity of 25.05%. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same quarter last year, the business posted $0.52 EPS. RPM International’s quarterly revenue was up 10.5% compared to the same quarter last year. equities research analysts anticipate that RPM International will post 3.02 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 17th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, January 16th. This represents a $1.28 annualized dividend and a dividend yield of 2.42%. RPM International’s payout ratio is currently 50.59%.

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RPM International Company Profile

RPM International Inc, through its subsidiaries, manufactures, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives, focusing on the maintenance of industrial, specialty and consumer markets. The Company operates through three segments: the industrial reportable segment (industrial segment), the specialty reportable segment (specialty segment) and the consumer reportable segment (consumer segment).

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