Cramer Rosenthal Mcglynn LLC lifted its position in RPM International Inc. (NYSE:RPM) by 13.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,470,121 shares of the specialty chemicals company’s stock after acquiring an additional 179,678 shares during the quarter. RPM International accounts for approximately 2.5% of Cramer Rosenthal Mcglynn LLC’s investment portfolio, making the stock its 4th largest holding. Cramer Rosenthal Mcglynn LLC owned approximately 1.13% of RPM International worth $89,839,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. United Capital Financial Advisers LLC raised its holdings in shares of RPM International by 2.5% in the second quarter. United Capital Financial Advisers LLC now owns 27,257 shares of the specialty chemicals company’s stock valued at $1,666,000 after acquiring an additional 668 shares in the last quarter. Parametric Portfolio Associates LLC raised its holdings in RPM International by 2.6% in the second quarter. Parametric Portfolio Associates LLC now owns 269,280 shares of the specialty chemicals company’s stock worth $16,456,000 after purchasing an additional 6,865 shares in the last quarter. Commonwealth Bank of Australia raised its holdings in RPM International by 46.7% in the second quarter. Commonwealth Bank of Australia now owns 13,500 shares of the specialty chemicals company’s stock worth $824,000 after purchasing an additional 4,300 shares in the last quarter. Natixis Advisors L.P. raised its holdings in RPM International by 2.7% in the second quarter. Natixis Advisors L.P. now owns 43,209 shares of the specialty chemicals company’s stock worth $2,641,000 after purchasing an additional 1,121 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in RPM International by 1.7% in the second quarter. Bank of New York Mellon Corp now owns 1,607,957 shares of the specialty chemicals company’s stock worth $98,262,000 after purchasing an additional 26,481 shares in the last quarter. Hedge funds and other institutional investors own 77.51% of the company’s stock.

In other news, Director Frederick R. Nance sold 1,100 shares of the business’s stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of $66.54, for a total transaction of $73,194.00. Following the sale, the director now owns 16,581 shares in the company, valued at $1,103,299.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.60% of the stock is currently owned by insiders.

A number of equities analysts have commented on the stock. Seaport Global Securities reiterated a “neutral” rating on shares of RPM International in a report on Monday, July 22nd. TheStreet upgraded shares of RPM International from a “c+” rating to an “a-” rating in a report on Monday, July 22nd. BMO Capital Markets boosted their target price on shares of RPM International from $69.00 to $82.00 and gave the stock an “outperform” rating in a report on Tuesday, August 6th. ValuEngine downgraded shares of RPM International from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, Robert W. Baird set a $72.00 target price on shares of RPM International and gave the stock a “hold” rating in a report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. RPM International has an average rating of “Hold” and a consensus price target of $69.00.

Shares of RPM stock traded up $0.27 during trading hours on Friday, reaching $69.10. 26,561 shares of the company’s stock were exchanged, compared to its average volume of 641,993. RPM International Inc. has a 1 year low of $51.95 and a 1 year high of $69.62. The stock has a market cap of $8.93 billion, a PE ratio of 25.50, a PEG ratio of 1.50 and a beta of 1.26. The company has a current ratio of 1.64, a quick ratio of 1.09 and a debt-to-equity ratio of 1.40. The stock’s fifty day moving average price is $67.33 and its two-hundred day moving average price is $61.25.

RPM International (NYSE:RPM) last issued its quarterly earnings results on Monday, July 22nd. The specialty chemicals company reported $1.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.14 by $0.10. RPM International had a return on equity of 23.46% and a net margin of 4.79%. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the previous year, the firm earned $1.05 earnings per share. The company’s revenue was up 2.8% on a year-over-year basis. On average, equities analysts expect that RPM International Inc. will post 3.36 EPS for the current fiscal year.

About RPM International

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. Its Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and flooring and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes.

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

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