RPM InternationalRPM
Market Cap: $14.9B
About: RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributors, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a line of products ranging from niche applications of the other groups to marine finishes, to edible food colorings. The majority of revenue comes from North America.
Employees: 17,207
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
7% more repeat investments, than reductions
Existing positions increased: 248 | Existing positions reduced: 232
0.81% less ownership
Funds ownership: 83.53% [Q1] → 82.72% (-0.81%) [Q2]
10% less call options, than puts
Call options by funds: $16.9M | Put options by funds: $18.8M
1% less funds holding
Funds holding: 705 [Q1] → 695 (-10) [Q2]
10% less capital invested
Capital invested by funds: $12.8B [Q1] → $11.5B (-$1.31B) [Q2]
15% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 68
60% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 2 (-3) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
BMO Capital John McNulty 63% 1-year accuracy 24 / 38 met price target | 21%upside $139 | Outperform Maintained | 27 Aug 2024 |
Mizuho John Roberts 67% 1-year accuracy 18 / 27 met price target | 16%upside $134 | Outperform Maintained | 26 Jul 2024 |
BMO Capital John McNulty 63% 1-year accuracy 24 / 38 met price target | 21%upside $140 | Outperform Maintained | 26 Jul 2024 |
RBC Capital Arun Viswanathan 57% 1-year accuracy 35 / 61 met price target | 4%upside $120 | Sector Perform Maintained | 26 Jul 2024 |
Wells Fargo Michael Sison 44% 1-year accuracy 14 / 32 met price target | 8%upside $125 | Equal-Weight Maintained | 26 Jul 2024 |