PPG Industries, Inc. $PPG Shares Purchased by Principal Financial Group Inc.

Posted by George Bondi on Jul 20th, 2026

Principal Financial Group Inc. boosted its holdings in shares of PPG Industries, Inc. (NYSE:PPG – Free Report) by 2.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 270,555 shares of the specialty chemicals company’s stock after purchasing an additional 5,304 shares during the quarter. Principal Financial Group Inc. owned approximately 0.12% of PPG Industries worth $28,917,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Pzena Investment Management LLC increased its stake in shares of PPG Industries by 306.2% in the fourth quarter. Pzena Investment Management LLC now owns 7,098,767 shares of the specialty chemicals company’s stock worth $727,340,000 after buying an additional 5,351,103 shares during the last quarter. Franklin Resources Inc. boosted its stake in PPG Industries by 48.9% during the 4th quarter. Franklin Resources Inc. now owns 6,990,595 shares of the specialty chemicals company’s stock valued at $716,256,000 after acquiring an additional 2,295,118 shares during the last quarter. Norges Bank bought a new position in PPG Industries during the 4th quarter valued at $209,355,000. Bank of Montreal Can grew its holdings in PPG Industries by 254.9% during the 4th quarter. Bank of Montreal Can now owns 1,334,707 shares of the specialty chemicals company’s stock worth $136,754,000 after acquiring an additional 958,580 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new stake in shares of PPG Industries in the 4th quarter worth about $66,610,000. 81.86% of the stock is owned by institutional investors and hedge funds.

PPG Industries Stock Up 0.0%

Shares of NYSE:PPG opened at $117.39 on Monday. The company’s fifty day moving average is $114.79 and its two-hundred day moving average is $112.93. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.17 and a current ratio of 1.61. PPG Industries, Inc. has a 1-year low of $93.39 and a 1-year high of $133.43. The stock has a market capitalization of $26.17 billion, a price-to-earnings ratio of 16.75, a price-to-earnings-growth ratio of 1.71 and a beta of 1.05.

PPG Industries (NYSE:PPG – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.78 by $0.05. PPG Industries had a net margin of 9.83% and a return on equity of 21.68%. The business had revenue of $3.93 billion during the quarter, compared to analyst estimates of $3.85 billion. During the same period in the previous year, the business posted $1.72 EPS. The company’s quarterly revenue was up 6.7% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Equities analysts anticipate that PPG Industries, Inc. will post 7.94 EPS for the current year.

PPG Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 10th will be paid a $0.74 dividend. The ex-dividend date is Monday, August 10th. This is an increase from PPG Industries’s previous quarterly dividend of $0.71. This represents a $2.96 dividend on an annualized basis and a yield of 2.5%. PPG Industries’s payout ratio is presently 40.51%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on PPG shares. JPMorgan Chase & Co. cut their target price on shares of PPG Industries from $126.00 to $125.00 in a research note on Thursday, April 30th. Jefferies Financial Group decreased their price target on PPG Industries from $125.00 to $116.00 and set a “hold” rating for the company in a research note on Thursday, March 26th. BNP Paribas Exane boosted their price objective on PPG Industries from $115.00 to $116.00 in a report on Thursday, April 30th. Citigroup upped their price objective on PPG Industries from $114.00 to $125.00 and gave the company a “neutral” rating in a research note on Wednesday, June 24th. Finally, The Goldman Sachs Group reduced their target price on PPG Industries from $134.00 to $130.00 in a report on Friday, May 1st. Seven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $126.13.

Read Our Latest Report on PPG

PPG Industries Company 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.