HighTower Advisors LLC Buys 18,416 Shares of PPG Industries, Inc. $PPG

Posted by Stanley Muller on May 26th, 2026

HighTower Advisors LLC raised its stake in PPG Industries, Inc. (NYSE:PPG – Free Report) by 25.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 90,256 shares of the specialty chemicals company’s stock after buying an additional 18,416 shares during the period. HighTower Advisors LLC’s holdings in PPG Industries were worth $9,248,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in PPG. Wellington Management Group LLP grew its position in shares of PPG Industries by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 15,159,770 shares of the specialty chemicals company’s stock valued at $1,593,443,000 after buying an additional 2,521,004 shares during the last quarter. Franklin Resources Inc. grew its position in shares of PPG Industries by 39.4% in the 3rd quarter. Franklin Resources Inc. now owns 4,695,477 shares of the specialty chemicals company’s stock valued at $493,542,000 after buying an additional 1,326,619 shares during the last quarter. Pzena Investment Management LLC grew its position in shares of PPG Industries by 72.4% in the 3rd quarter. Pzena Investment Management LLC now owns 1,747,664 shares of the specialty chemicals company’s stock valued at $183,697,000 after buying an additional 733,660 shares during the last quarter. First Eagle Investment Management LLC grew its position in shares of PPG Industries by 12.7% in the 3rd quarter. First Eagle Investment Management LLC now owns 6,263,829 shares of the specialty chemicals company’s stock valued at $658,391,000 after buying an additional 703,549 shares during the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich bought a new stake in shares of PPG Industries during the 3rd quarter valued at about $70,096,000. Institutional investors own 81.86% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Sanford C. Bernstein upped their target price on PPG Industries from $123.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. Citigroup upped their target price on PPG Industries from $113.00 to $114.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Royal Bank Of Canada upped their target price on PPG Industries from $114.00 to $119.00 and gave the company a “sector perform” rating in a research report on Thursday, April 16th. Jefferies Financial Group cut their target price on PPG Industries from $125.00 to $116.00 and set a “hold” rating on the stock in a research report on Thursday, March 26th. Finally, BNP Paribas Exane upped their target price on PPG Industries from $115.00 to $116.00 in a research report on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, PPG Industries currently has a consensus rating of “Hold” and a consensus target price of $121.79.

Get Our Latest Stock Report on PPG Industries

PPG Industries Stock Up 0.1%

PPG stock opened at $107.90 on Tuesday. The stock’s 50 day simple moving average is $106.59 and its 200 day simple moving average is $108.12. PPG Industries, Inc. has a fifty-two week low of $93.39 and a fifty-two week high of $133.43. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.17 and a current ratio of 1.61. The company has a market cap of $24.05 billion, a P/E ratio of 15.39, a price-to-earnings-growth ratio of 1.57 and a beta of 1.06.

PPG Industries (NYSE:PPG – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.05. PPG Industries had a return on equity of 21.68% and a net margin of 9.83%.The business had revenue of $3.93 billion for the quarter, compared to the consensus estimate of $3.85 billion. During the same period in the prior year, the business earned $1.72 EPS. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, research analysts expect that PPG Industries, Inc. will post 7.93 earnings per share for the current fiscal year.

PPG Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Monday, May 11th will be paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, May 11th. PPG Industries’s dividend payout ratio is 40.51%.

PPG Industries Profile

(Free Report)

PPG Industries is a global supplier of paints, coatings and specialty materials that serves industrial, transportation, consumer and construction markets. Founded in 1883 as the Pittsburgh Plate Glass Company, PPG has evolved from its origins in glass manufacturing into a diversified coatings and materials company headquartered in Pittsburgh, Pennsylvania. The company develops and manufactures a broad array of products used to protect and enhance surfaces, from consumer paints to highly engineered coatings for demanding industrial applications.

PPG’s product portfolio includes architectural and decorative paints, automotive original equipment and refinish coatings, industrial coatings for machinery and equipment, protective and marine coatings, aerospace and defense coatings, and packaging coatings and materials.