Narwhal Capital Management Has Boosted Raytheon Co (RTN) Stake By $306,375; RPM International (RPM) Sentiment Is 1.29

June 21, 2018 - By wolcottdaily

RPM International Inc. (NYSE:RPM) Logo

Narwhal Capital Management increased Raytheon Co (RTN) stake by 3.29% reported in 2018Q1 SEC filing. Narwhal Capital Management acquired 1,425 shares as Raytheon Co (RTN)’s stock declined 3.91%. The Narwhal Capital Management holds 44,740 shares with $9.66M value, up from 43,315 last quarter. Raytheon Co now has $56.42B valuation. The stock decreased 0.09% or $0.18 during the last trading session, reaching $196.42. About 2.26M shares traded or 16.72% up from the average. Raytheon Company (NYSE:RTN) has risen 29.53% since June 21, 2017 and is uptrending. It has outperformed by 16.96% the S&P500. Some Historical RTN News: ; 06/03/2018 – Liz Claman: BREAKING: @Raytheon $RTN gets the nod, @realDonaldTrump just said Sweden bought a Patriot missile system from the U; 26/03/2018 – Protest over, Raytheon to begin work on $600m contract to sustain and modernize U.S. Army strategic software systems; 20/04/2018 – INTERVIEW-Lithuania wants more NATO anti-aircraft missiles to deter Russia; 08/03/2018 – RAYTHEON WINS $876 MLN U.S. DEFENSE CONTRACT -PENTAGON; 23/04/2018 – RadioResource: Raytheon Partners with Virsec on Critical Infrastructure Cybersecurity; 21/04/2018 – DJ Raytheon Company, Inst Holders, 1Q 2018 (RTN); 08/03/2018 – Raytheon/Palantir Contract Is for Combination of Hardware and Software, Work Has Estimated Completion Date of March 202; 01/05/2018 – RAYTHEON GETS CONTRACT FROM AIR FORCE FOR WARNING RECEIVER; 02/04/2018 – CAFC: RAYTHEON COMPANY v. SONY CORPORATION [OPINION] – Appeal #17-1554 – 2018-04-02; 08/03/2018 – Raytheon and Palantir to Share $876M Army Contract for Distributed Common Ground System-Army Capability Drop 1

RPM International Inc (RPM) investors sentiment decreased to 1.29 in Q1 2018. It’s down -0.07, from 1.36 in 2017Q4. The ratio is negative, as 176 investment professionals started new and increased positions, while 136 sold and trimmed holdings in RPM International Inc. The investment professionals in our database now own: 104.65 million shares, up from 98.12 million shares in 2017Q4. Also, the number of investment professionals holding RPM International Inc in top ten positions was flat from 2 to 2 for the same number . Sold All: 29 Reduced: 107 Increased: 125 New Position: 51.

Analysts await RPM International Inc. (NYSE:RPM) to report earnings on July, 23. They expect $1.20 earnings per share, up 17.65% or $0.18 from last year’s $1.02 per share. RPM’s profit will be $160.47 million for 10.71 P/E if the $1.20 EPS becomes a reality. After $0.21 actual earnings per share reported by RPM International Inc. for the previous quarter, Wall Street now forecasts 471.43% EPS growth.

More news for RPM International Inc. (NYSE:RPM) were recently published by: Globenewswire.com, which released: “Research Report Identifies Synaptics, Ethan Allen Interiors, Urban Edge Properties, RPM International, Genomic …” on June 19, 2018. Seekingalpha.com‘s article titled: “RPM International: Limited Upside, But Enjoy The Dividends” and published on June 11, 2018 is yet another important article.

RPM International Inc. manufactures, markets, and sells specialty chemical products for industrial, specialty, and consumer markets worldwide. The company has market cap of $6.87 billion. The Company’s 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 solutions; flooring and in-plant glazing solutions; passive fire protection and manufacturing industry solutions; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes. It has a 18.59 P/E ratio. This segment also offers corrosion-control coatings, containment linings, fire and sound proofing products, and insulation products; rolled asphalt roofing materials, chemical admixtures, and industrial epoxy flooring systems; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts, epoxy adhesives, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials, as well as specialty construction products.

The stock increased 1.68% or $0.85 during the last trading session, reaching $51.39. About 1.09 million shares traded or 5.16% up from the average. RPM International Inc. (RPM) has declined 4.66% since June 21, 2017 and is downtrending. It has underperformed by 17.23% the S&P500. Some Historical RPM News: ; 08/05/2018 – RPM International Presenting at Wells Fargo Conference Tomorrow; 24/04/2018 – ROYAL BAFOKENG- HAS EFFECTIVELY DISPOSED OF A 33% UNDIVIDED SHARE IN PLANT ASSETS TO RPM AT RPM’S 33% SHARE OF AGGREGATE VALUE, BEING R233 094 531; 15/05/2018 – Deccan Value Investors Buys 1.1% Position in RPM International; 19/03/2018 – RPM International: Rust-Oleum Group Has Acquired Miracle Sealants Co; 26/04/2018 – RPM International at Wells Fargo Industrials Conference May 9; 05/04/2018 – RPM INTERNATIONAL 3Q ADJ EBIT $56.7M, EST. $54.2M; 05/04/2018 – RPM International 3Q EBIT $56.7M; 04/05/2018 – RPM to Webcast Presentation at Wells Fargo Securities Industrials Conference; 05/04/2018 – RPM International 3Q Net $40.2M; 26/04/2018 – EQT CORP SEES 2018 NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST OF $530 MLN TO $540 MLN

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $1.97 million activity.

Deccan Value Investors L.P. holds 6% of its portfolio in RPM International Inc. for 1.48 million shares. Cincinnati Specialty Underwriters Insurance Co owns 80,000 shares or 3.1% of their US portfolio. Moreover, Roffman Miller Associates Inc Pa has 2.62% invested in the company for 433,440 shares. The California-based Osterweis Capital Management Inc has invested 2.45% in the stock. Mitchell Sinkler & Starr Pa, a Pennsylvania-based fund reported 34,197 shares.

Among 21 analysts covering Raytheon Company (NYSE:RTN), 16 have Buy rating, 1 Sell and 4 Hold. Therefore 76% are positive. Raytheon Company had 81 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Raytheon Company (NYSE:RTN) has “Buy” rating given on Thursday, July 27 by RBC Capital Markets. Wells Fargo maintained the shares of RTN in report on Tuesday, January 16 with “Buy” rating. The rating was upgraded by RBC Capital Markets on Thursday, September 17 to “Top Pick”. RBC Capital Markets maintained the shares of RTN in report on Wednesday, September 2 with “Buy” rating. The company was maintained on Friday, February 23 by Morgan Stanley. Stifel Nicolaus maintained Raytheon Company (NYSE:RTN) rating on Thursday, July 27. Stifel Nicolaus has “Buy” rating and $18500 target. The firm has “Hold” rating given on Monday, December 5 by Deutsche Bank. The rating was upgraded by Bank of America to “Buy” on Tuesday, July 28. The firm has “Buy” rating given on Friday, June 23 by Jefferies. The stock of Raytheon Company (NYSE:RTN) has “Hold” rating given on Friday, October 28 by Deutsche Bank.

Since January 2, 2018, it had 1 buy, and 24 sales for $32.55 million activity. Shares for $263,267 were sold by Lawrence Taylor W on Monday, June 4. $718,217 worth of Raytheon Company (NYSE:RTN) shares were sold by Jimenez Frank R. $116,758 worth of Raytheon Company (NYSE:RTN) was sold by Wood Michael J on Friday, March 23. 1,000 shares valued at $212,517 were sold by Clark Vernon E on Wednesday, May 30. 8,540 shares were sold by Newsome Randa G, worth $1.84 million. Kennedy Thomas A sold $1.22 million worth of stock. On Tuesday, January 2 Long Letitia A sold $120,790 worth of Raytheon Company (NYSE:RTN) or 650 shares.

Investors sentiment decreased to 0.98 in 2018 Q1. Its down 0.11, from 1.09 in 2017Q4. It dived, as 55 investors sold RTN shares while 396 reduced holdings. 105 funds opened positions while 336 raised stakes. 201.09 million shares or 0.71% less from 202.53 million shares in 2017Q4 were reported. Moreover, Kistler has 0.03% invested in Raytheon Company (NYSE:RTN). Sg Americas Llc accumulated 17,398 shares. Bailard Inc holds 0.1% or 7,476 shares. Brown Advisory Inc invested 0.06% in Raytheon Company (NYSE:RTN). Mcf Limited Liability Corporation has 0.15% invested in Raytheon Company (NYSE:RTN). Pub Employees Retirement Association Of Colorado has invested 0.7% in Raytheon Company (NYSE:RTN). Boulegeris Invs Inc holds 13,685 shares. Lpl Financial Ltd Co stated it has 0.08% of its portfolio in Raytheon Company (NYSE:RTN). Intact Invest Management reported 2,200 shares stake. Sequoia Fincl Advsr Ltd Company stated it has 1,388 shares. Cadence Bank Na holds 13,074 shares. Cypress Funds Ltd Liability Co reported 137,000 shares or 4.39% of all its holdings. Smithfield owns 4,915 shares. Moreover, Paradigm Mngmt has 0.02% invested in Raytheon Company (NYSE:RTN). 8,079 were reported by Town Country Retail Bank Tru Dba First Bankers Tru.

RPM International Inc. (NYSE:RPM) Institutional Positions Chart

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