PPG Industries (PPG) – Research Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of PPG Industries (NYSE: PPG) in the last few weeks:

• 8/1/2026 – PPG Industries was downgraded by Wall Street Zen from “buy” to “hold”.
• 7/30/2026 – PPG Industries had its price target lowered by UBS Group AG from $130.00 to $125.00. They now have a “neutral” rating on the stock.
• 7/30/2026 – PPG Industries had its price target lowered by Citigroup Inc. from $125.00 to $121.00. They now have a “neutral” rating on the stock.
• 7/30/2026 – PPG Industries had its price target lowered by Royal Bank Of Canada from $129.00 to $122.00. They now have a “sector perform” rating on the stock.
• 7/18/2026 – PPG Industries was upgraded by Wall Street Zen from “hold” to “buy”.
• 7/17/2026 – PPG Industries was upgraded by Bank of America Corporation from “neutral” to “buy”. They now have a $134.00 price target on the stock, up from $127.00.
• 7/8/2026 – PPG Industries had its price target raised by Royal Bank Of Canada from $119.00 to $129.00. They now have a “sector perform” rating on the stock.
• 7/6/2026 – PPG Industries had its price target lowered by BMO Capital Markets from $140.00 to $138.00. They now have an “outperform” rating on the stock.
• 7/1/2026 – PPG Industries had its price target raised by Mizuho from $125.00 to $135.00. They now have an “outperform” rating on the stock.
• 6/24/2026 – PPG Industries had its price target raised by Citigroup Inc. from $114.00 to $125.00. They now have a “neutral” rating on the stock.
• 6/17/2026 – PPG Industries was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 6/15/2026 – PPG Industries had its price target raised by BMO Capital Markets from $135.00 to $140.00. They now have an “outperform” rating on the stock.
• 6/10/2026 – PPG Industries had its “sector perform” rating reaffirmed by Royal Bank Of Canada. They now have a $119.00 price target on the stock.

PPG Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 10th will be given a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 2.5%. The ex-dividend date is Monday, August 10th. This is a positive change from PPG Industries’s previous quarterly dividend of $0.71. PPG Industries’s dividend payout ratio is presently 40.69%.

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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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