33,773 Shares in PPG Industries, Inc. $PPG Bought by Longfellow Investment Management Co. LLC

Posted by George Bondi on Aug 17th, 2026

Longfellow Investment Management Co. LLC acquired a new stake in shares of PPG Industries, Inc. (NYSE:PPG – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 33,773 shares of the specialty chemicals company’s stock, valued at approximately $4,096,000. PPG Industries comprises 0.8% of Longfellow Investment Management Co. LLC’s portfolio, making the stock its 25th largest holding.

Several other institutional investors have also recently made changes to their positions in the company. Resources Management Corp CT ADV grew its holdings in PPG Industries by 900.0% during the 4th quarter. Resources Management Corp CT ADV now owns 250 shares of the specialty chemicals company’s stock valued at $26,000 after purchasing an additional 225 shares during the last quarter. Quarry LP bought a new stake in PPG Industries in the third quarter worth about $26,000. Aster Capital Management DIFC Ltd purchased a new position in shares of PPG Industries during the fourth quarter valued at approximately $30,000. Essential Partners LLC boosted its position in shares of PPG Industries by 59.3% during the first quarter. Essential Partners LLC now owns 301 shares of the specialty chemicals company’s stock valued at $32,000 after buying an additional 112 shares during the period. Finally, DV Equities LLC bought a new position in shares of PPG Industries during the fourth quarter valued at approximately $32,000. Institutional investors own 81.86% of the company’s stock.

Analyst Ratings Changes

PPG has been the subject of a number of research analyst reports. Citigroup decreased their price target on PPG Industries from $125.00 to $121.00 and set a “neutral” rating for the company in a research note on Thursday, July 30th. Bank of America raised PPG Industries from a “neutral” rating to a “buy” rating and upped their price objective for the company from $127.00 to $134.00 in a research report on Friday, July 17th. JPMorgan Chase & Co. reduced their target price on PPG Industries from $126.00 to $125.00 in a research note on Thursday, April 30th. BMO Capital Markets decreased their target price on PPG Industries from $140.00 to $138.00 and set an “outperform” rating for the company in a research report on Monday, July 6th. Finally, Mizuho boosted their target price on shares of PPG Industries from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Seven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $126.00.

Check Out Our Latest Research Report on PPG

PPG Industries Price Performance

NYSE PPG opened at $113.98 on Monday. PPG Industries, Inc. has a 52-week low of $93.39 and a 52-week high of $133.43. The firm’s 50 day moving average price is $117.59 and its 200-day moving average price is $114.04. The company has a market cap of $25.34 billion, a PE ratio of 16.33, a P/E/G ratio of 1.66 and a beta of 1.07. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.15 and a current ratio of 1.58.

PPG Industries (NYSE:PPG – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $2.23 EPS for the quarter, missing the consensus estimate of $2.25 by ($0.02). PPG Industries had a return on equity of 21.07% and a net margin of 9.57%.The firm had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter last year, the firm earned $2.22 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Sell-side analysts forecast that PPG Industries, Inc. will post 7.89 EPS for the current fiscal year.

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 paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 2.6%. 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 (DPR) is presently 42.41%.

About PPG Industries

(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.