Northwestern Mutual Wealth Management Co. Buys New Shares in PPG Industries, Inc. $PPG

Posted by George Bondi on Aug 25th, 2026

Northwestern Mutual Wealth Management Co. purchased a new position in shares of PPG Industries, Inc. (NYSE:PPG – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,630 shares of the specialty chemicals company’s stock, valued at approximately $2,623,000.

A number of other hedge funds also recently made changes to their positions in PPG. Meeder Asset Management Inc. purchased a new stake in shares of PPG Industries during the 2nd quarter valued at $26,000. Resources Management Corp CT ADV raised its position in shares of PPG Industries by 900.0% in the 4th quarter. Resources Management Corp CT ADV now owns 250 shares of the specialty chemicals company’s stock worth $26,000 after buying an additional 225 shares during the period. Quarry LP acquired a new position in PPG Industries in the third quarter valued at $26,000. Keating Financial Advisory Services Inc. purchased a new stake in PPG Industries during the second quarter valued at about $28,000. Finally, Silvant Capital Management LLC purchased a new stake in PPG Industries during the second quarter valued at about $30,000. Institutional investors and hedge funds own 81.86% of the company’s stock.

PPG Industries Trading Down 0.3%

Shares of PPG opened at $113.28 on Tuesday. PPG Industries, Inc. has a 12 month low of $93.39 and a 12 month high of $133.43. The stock’s 50-day moving average is $117.15 and its two-hundred day moving average is $113.95. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.58 and a quick ratio of 1.15. The stock has a market cap of $25.18 billion, a PE ratio of 16.23, a P/E/G ratio of 1.65 and a beta of 1.07.

PPG Industries (NYSE:PPG – Get Free Report) last posted its earnings results on Tuesday, July 28th. The specialty chemicals company reported $2.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.02). The company had revenue of $4.50 billion during 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 21.07%. PPG Industries’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.22 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Equities analysts forecast that PPG Industries, Inc. will post 7.89 earnings per share for the current fiscal year.

PPG Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Monday, August 10th will be issued a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend 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 42.41%.

Analyst Ratings Changes

A number of research firms have recently commented on PPG. BMO Capital Markets cut their price objective on PPG Industries from $140.00 to $138.00 and set an “outperform” rating on the stock in a report on Monday, July 6th. BNP Paribas Exane boosted their target price on PPG Industries from $115.00 to $116.00 in a report on Thursday, April 30th. Bank of America raised shares of PPG Industries from a “neutral” rating to a “buy” rating and increased their target price for the stock from $127.00 to $134.00 in a research report on Friday, July 17th. Citigroup cut their price target on shares of PPG Industries from $125.00 to $121.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of PPG Industries from $126.00 to $125.00 in a research note on Thursday, April 30th. Seven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, PPG Industries has a consensus rating of “Hold” and an average price target of $126.00.

Get Our Latest Research Report on PPG

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.