A look at the shareholders of RPM International Inc. (NYSE:RPM) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 83% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Institutional investors endured the highest losses after the company's market cap fell by US$510m last week. However, the 16% one-year returns may have helped alleviate their overall losses. But they would probably be wary of future losses.
Let's take a closer look to see what the different types of shareholders can tell us about RPM International.
Check out our latest analysis for RPM International
NYSE:RPM Ownership Breakdown September 21st 2022
What Does The Institutional Ownership Tell Us About RPM International?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
RPM International already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see RPM International's historic earnings and revenue below, but keep in mind there's always more to the story.
NYSE:RPM Earnings and Revenue Growth September 21st 2022
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. We note that hedge funds don't have a meaningful investment in RPM International. The Vanguard Group, Inc. is currently the largest shareholder, with 11% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 9.3% and 9.0%, of the shares outstanding, respectively. In addition, we found that Frank Sullivan, the CEO has 0.9% of the shares allocated to their name.
We also observed that the top 8 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
Insider Ownership Of RPM International
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
Shareholders would probably be interested to learn that insiders own shares in RPM International Inc.. It is a very large company, and board members collectively own US$161m worth of shares (at current prices). Most would say this shows a good alignment of interests between shareholders and the board. Still, it might be worth checking if those insiders have been selling.
General Public Ownership
The general public, who are usually individual investors, hold a 15% stake in RPM International. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Next Steps:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 3 warning signs for RPM International (1 is concerning!) that you should be aware of before investing here.
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
看看RPM International Inc.(纽约证券交易所代码:RPM)的股东就能知道哪个集团最有权势。而持有这块蛋糕最大份额的是拥有83%股权的机构。换句话说,该集团将从他们对公司的投资中获得最大(或损失最大)。
在上周该公司市值缩水5.1亿美元后,机构投资者遭受了最大损失。然而,16%的一年期回报率可能有助于缓解它们的整体损失。但他们可能会对未来的损失保持警惕。
让我们仔细看看不同类型的股东能告诉我们关于RPM国际的什么。
查看我们对RPM International的最新分析
纽约证券交易所:RPM所有权明细2022年9月21日
关于RPM International,机构所有权告诉了我们什么?
机构投资者通常将自己的回报与经常跟踪的指数的回报进行比较。因此,他们通常确实会考虑收购被纳入相关基准指数的较大公司。
RPM国际已经在股票登记处登记了机构。事实上,他们在该公司拥有可观的股份。这表明在专业投资者中有一定的可信度。但我们不能仅仅依靠这一事实,因为机构有时会做出糟糕的投资,就像每个人一样。当多家机构持有一只股票时,它们总是面临“拥挤交易”的风险。当这样的交易出错时,多方可能会竞相快速抛售股票。在一家没有增长历史的公司,这一风险更高。你可以在下面看到RPM International的历史收益和收入,但请记住,故事中总是有更多的东西。
纽约证券交易所:RPM收益和收入增长2022年9月21日
机构投资者拥有公司50%以上的股份,因此加在一起可能会强烈影响董事会的决定。我们注意到,对冲基金在RPM International没有有意义的投资。先锋集团目前是最大股东,持有11%的流通股。与此同时,第二大和第三大股东分别持有9.3%和9.0%的流通股。此外,我们发现,首席执行官弗兰克·沙利文有0.9%的股份分配给他们的名字。
我们还观察到,前8名股东占到了股东名册的一半以上,少数小股东在一定程度上平衡了大股东的利益。
虽然研究一家公司的机构所有权数据是有意义的,但研究分析师的情绪以了解风向也是有意义的。有相当数量的分析师追踪该股,因此了解他们对未来的总体看法可能是有用的。
RPM国际的内部人所有权
不同国家对内部人的定义可能略有不同,但董事会成员总是算数的。公司管理层对董事会负责,董事会应代表股东的利益。值得注意的是,有时最高层管理人员本身也是董事会成员。
我通常认为内部人持股是一件好事。然而,在某些情况下,这会让其他股东更难让董事会对决策负责。
股东们可能会有兴趣了解到,内部人士持有RPM International Inc.的股份。它是一家非常大的公司,董事会成员总共拥有价值1.61亿美元的股票(按当前价格计算)。大多数人会说,这表明股东和董事会之间的利益得到了很好的一致。不过,这些内部人士是否一直在抛售股票,或许值得一查。
一般公有制
公众通常是个人投资者,他们持有RPM International 15%的股份。虽然这群人不一定能发号施令,但它肯定能对公司的运营方式产生真正的影响。
接下来的步骤:
虽然考虑拥有一家公司的不同集团是很值得的,但还有其他更重要的因素。例如,我们发现国际RPM的3个警告标志(1是关于!)在这里投资之前你应该意识到这一点。
最终未来是最重要的。您可以访问此免费分析师对该公司的预测报告。
注:本文中的数字是使用过去12个月的数据计算的,指的是截至财务报表日期的最后一个月的12个月期间。这可能与全年的年度报告数字不一致。
对这篇文章有什么反馈吗?担心内容吗? 保持联系直接与我们联系。或者,也可以给编辑组发电子邮件,地址是implywallst.com。
本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。