Quantinno Capital Management LP raised its position in PPG Industries, Inc. (NYSE:PPG – Free Report) by 132.1% during the first quarter, Holdings Channel.com reports. The institutional investor owned 429,222 shares of the specialty chemicals company’s stock after purchasing an additional 244,295 shares during the quarter. Quantinno Capital Management LP’s holdings in PPG Industries were worth $45,875,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in PPG. Pzena Investment Management LLC raised 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 valued at $727,340,000 after acquiring an additional 5,351,103 shares during the last quarter. Franklin Resources Inc. grew its position 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 worth $716,256,000 after acquiring an additional 2,295,118 shares during the last quarter. Norges Bank bought a new stake in PPG Industries during the 4th quarter worth approximately $209,355,000. First Trust Advisors LP increased its holdings in PPG Industries by 321.4% during the 1st quarter. First Trust Advisors LP now owns 2,287,261 shares of the specialty chemicals company’s stock valued at $244,462,000 after purchasing an additional 1,744,528 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in PPG Industries by 85.6% in the 1st quarter. Bank of New York Mellon Corp now owns 2,507,399 shares of the specialty chemicals company’s stock valued at $267,991,000 after purchasing an additional 1,156,078 shares during the last quarter. 81.86% of the stock is owned by institutional investors.
More PPG Industries News
Here are the key news stories impacting PPG Industries this week:
- Positive Sentiment: Second-quarter net sales increased 7.2% year over year to $4.50 billion, exceeding analysts’ $4.37 billion estimate. Organic growth reached 4%, with broad-based gains across PPG’s segments. Adjusted EPS of $2.23 was essentially flat from $2.22 a year earlier. PPG reports second quarter 2026 financial results
- Positive Sentiment: Data centers are emerging as an important growth driver for PPG and peer Sherwin-Williams, potentially supporting demand for protective coatings and related specialty chemicals as artificial-intelligence infrastructure investment expands. Data Centers Emerge as Growth Drivers for PPG, Sherwin-Williams
- Neutral Sentiment: PPG maintained fiscal 2026 adjusted EPS guidance of $7.70–$8.10, a range broadly centered near the $7.89 analyst consensus. The outlook implies continued earnings growth potential but provides limited upside to current expectations. PPG Industries Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- Negative Sentiment: Adjusted EPS of $2.23 missed consensus estimates ranging from $2.25 to $2.26. Reported net income fell 2% year over year to $439 million, while adjusted net income declined 1% to $500 million, suggesting that higher revenue has not yet translated into meaningful profit growth. PPG Industries slides as earnings miss overshadows revenue beat
Analyst Ratings Changes
View Our Latest Research Report on PPG
PPG Industries Stock Down 6.0%
NYSE PPG opened at $111.87 on Thursday. The stock has a fifty day moving average of $116.58 and a 200-day moving average of $113.60. The stock has a market capitalization of $24.94 billion, a P/E ratio of 16.03, a price-to-earnings-growth ratio of 1.75 and a beta of 1.05. PPG Industries, Inc. has a 52 week low of $93.39 and a 52 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.
PPG Industries (NYSE:PPG – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $2.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.25 by ($0.02). The firm had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.37 billion. PPG Industries had a net margin of 9.57% and a return on equity of 21.39%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company earned $2.22 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, equities research analysts forecast that PPG Industries, Inc. will post 7.93 EPS for the current year.
PPG Industries Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Monday, August 10th will be paid a $0.74 dividend. This is a boost from PPG Industries’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend is Monday, August 10th. This represents a $2.96 annualized dividend and a dividend yield of 2.6%. PPG Industries’s payout ratio is 40.51%.
PPG Industries Profile
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.
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