RPM International (RPM) Gets Target Cut from Mizuho, Rating Stays Outperform

RPM International Inc. (NYSE:RPM) is included among the Dividend Kings and Aristocrats List: 32 Biggest Stocks.

On March 23, Mizuho analyst John Roberts lowered the firm’s price recommendation on RPM International Inc. (NYSE:RPM) to $111 from $120. It maintained an Outperform rating on the shares.

Earlier, on March 4, Baird analyst Ghansham Panjabi upgraded RPM to Outperform from Neutral. The firm reiterated the price target unchanged at $125. The analyst said the company is positioned to deliver stronger earnings growth in fiscal 2027 and beyond. The firm also pointed to “outsized” operating leverage as macro conditions improve through 2026.

During the fiscal Q2 2026 earnings call, CFO Russell Gordon said market conditions are expected to stay slow. He cited weak DIY demand and longer timelines for construction projects. Looking ahead, the company expects consolidated sales to grow in the mid-single-digit range in the third quarter. The Consumer segment is expected to lead growth, supported by recent acquisitions. Adjusted EBIT is projected to increase in the mid- to high single-digit range in the third quarter.

For the fourth quarter, the company sees sales growing at a mid-single-digit pace, with delayed projects starting to move forward toward the end of the year. Gordon added that adjusted EBIT in the fourth quarter is expected to rise in the low- to high-single-digit range, with volume growth remaining the key factor.

RPM International Inc. (NYSE:RPM) operates through subsidiaries focused on coatings, sealants, building materials, and related services. The company reports its business across three segments: Construction Products Group, Performance Coatings Group, and Consumer.

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