Fintel reports that on January 8, 2025, Wells Fargo upgraded their outlook for RPM International (NYSE:RPM) from Equal-Weight to Overweight.
Analyst Price Forecast Suggests 13.21% Upside
As of December 23, 2024, the average one-year price target for RPM International is $137.83/share. The forecasts range from a low of $123.22 to a high of $157.50. The average price target represents an increase of 13.21% from its latest reported closing price of $121.74 / share.
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The projected annual revenue for RPM International is 7,947MM, an increase of 8.19%. The projected annual non-GAAP EPS is 6.20.
What is the Fund Sentiment?
There are 1,317 funds or institutions reporting positions in RPM International. This is an increase of 39 owner(s) or 3.05% in the last quarter. Average portfolio weight of all funds dedicated to RPM is 0.22%, an increase of 2.28%. Total shares owned by institutions increased in the last three months by 3.20% to 130,449K shares. 
The put/call ratio of RPM is 0.56, indicating a bullish outlook.
What are Other Shareholders Doing?
Aristotle Capital Management holds 9,154K shares representing 7.11% ownership of the company. In its prior filing, the firm reported owning 9,199K shares , representing a decrease of 0.50%. The firm increased its portfolio allocation in RPM by 5.25% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 4,075K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 4,068K shares , representing an increase of 0.17%. The firm increased its portfolio allocation in RPM by 5.72% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 4,026K shares representing 3.13% ownership of the company. In its prior filing, the firm reported owning 4,005K shares , representing an increase of 0.53%. The firm increased its portfolio allocation in RPM by 3.17% over the last quarter.
NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 3,224K shares representing 2.51% ownership of the company. In its prior filing, the firm reported owning 3,239K shares , representing a decrease of 0.47%. The firm increased its portfolio allocation in RPM by 2.06% over the last quarter.
EAASX - Eaton Vance Atlanta Capital SMID-Cap Fund holds 3,094K shares representing 2.40% ownership of the company. In its prior filing, the firm reported owning 2,990K shares , representing an increase of 3.38%. The firm increased its portfolio allocation in RPM by 1.31% over the last quarter.
RPM International Background Information
(This description is provided by the company.)
RPM International Inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services. The company operates across four reportable segments: consumer, construction products, performance coatings and specialty products. RPM has a diverse portfolio with hundreds of market-leading brands, including Rust-Oleum, DAP, Zinsser, Varathane, Day-Glo, Legend Brands, Stonhard, Carboline, Tremco and Dryvit. From homes and workplaces, to infrastructure and precious landmarks, RPM's brands are trusted by consumers and professionals alike to help build a better world. The company employs approximately 14,600 individuals worldwide.
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