Covington Investment Advisors Inc. Invests $8.03 Million in RPM International Inc. $RPM

Posted by Stanley Muller on Aug 24th, 2026

Covington Investment Advisors Inc. bought a new stake in RPM International Inc. (NYSE:RPM – Free Report) during the second quarter, Holdings Channel reports. The institutional investor bought 72,260 shares of the specialty chemicals company’s stock, valued at approximately $8,032,000.

Several other institutional investors have also bought and sold shares of RPM. BlackRock Inc. purchased a new stake in RPM International in the 2nd quarter valued at $1,456,684,000. Bank of New York Mellon Corp bought a new position in RPM International during the 2nd quarter valued at $118,220,000. PFA Pension Forsikringsaktieselskab purchased a new position in RPM International during the 4th quarter worth $54,307,000. Deutsche Bank AG purchased a new position in RPM International during the 2nd quarter worth $25,999,000. Finally, Danske Bank A S bought a new stake in shares of RPM International in the 2nd quarter worth $20,077,000. Institutional investors own 80.95% of the company’s stock.

RPM International Price Performance

Shares of NYSE:RPM opened at $108.78 on Monday. The company’s 50-day moving average is $109.29 and its 200 day moving average is $106.74. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.16 and a current ratio of 1.68. The company has a market capitalization of $13.90 billion, a P/E ratio of 21.08, a price-to-earnings-growth ratio of 2.22 and a beta of 1.04. RPM International Inc. has a fifty-two week low of $92.92 and a fifty-two week high of $129.12.

RPM International (NYSE:RPM – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.06. The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.18 billion. RPM International had a net margin of 8.41% and a return on equity of 22.45%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.72 earnings per share. On average, equities research analysts forecast that RPM International Inc. will post 6 earnings per share for the current year.

RPM International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 14th were given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, July 14th. RPM International’s dividend payout ratio is currently 41.86%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on RPM. Wall Street Zen downgraded shares of RPM International from a “buy” rating to a “hold” rating in a report on Saturday. UBS Group raised shares of RPM International from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $118.00 to $130.00 in a research report on Wednesday, May 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of RPM International in a research note on Friday, July 24th. Royal Bank Of Canada lifted their target price on shares of RPM International from $126.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Finally, Bank of America upped their target price on RPM International from $129.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, RPM International presently has a consensus rating of “Moderate Buy” and an average target price of $126.00.

Check Out Our Latest Research Report on RPM

About RPM International

(Free Report)

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.