264,059 Shares in PPG Industries, Inc. $PPG Acquired by Caisse de depot et placement du Quebec

Posted by George Bondi on Aug 29th, 2026

Caisse de depot et placement du Quebec acquired a new stake in PPG Industries, Inc. (NYSE:PPG – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 264,059 shares of the specialty chemicals company’s stock, valued at approximately $32,028,000. Caisse de depot et placement du Quebec owned 0.12% of PPG Industries at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Quarry LP acquired a new stake in shares of PPG Industries during the third quarter worth $26,000. Resources Management Corp CT ADV increased its holdings in PPG Industries by 900.0% in the fourth 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. Meeder Asset Management Inc. acquired a new position in PPG Industries in the second quarter valued at about $26,000. Keating Financial Advisory Services Inc. acquired a new position in PPG Industries in the second quarter valued at about $28,000. Finally, Aster Capital Management DIFC Ltd bought a new position in PPG Industries during the fourth quarter worth about $30,000. 81.86% of the stock is owned by institutional investors.

PPG Industries Stock Up 0.5%

Shares of PPG stock opened at $114.06 on Friday. PPG Industries, Inc. has a 12-month low of $93.39 and a 12-month high of $133.43. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 0.72. The firm has a fifty day moving average of $116.77 and a 200-day moving average of $113.70. The company has a market capitalization of $25.36 billion, a price-to-earnings ratio of 16.34, a P/E/G ratio of 1.65 and a beta of 1.07.

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). The company had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.37 billion. PPG Industries had a net margin of 9.57% and a return on equity of 21.07%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.22 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, equities research analysts predict 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. Stockholders of record on Monday, August 10th will be issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 2.6%. This is a positive change from PPG Industries’s previous quarterly dividend of $0.71. The ex-dividend date is Monday, August 10th. PPG Industries’s dividend payout ratio is presently 42.41%.

Analyst Upgrades and Downgrades

PPG has been the subject of a number of recent analyst reports. Mizuho upped their price target on PPG Industries from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Royal Bank Of Canada reduced their target price on PPG Industries from $129.00 to $122.00 and set a “sector perform” rating on the stock in a report on Thursday, July 30th. Citigroup decreased their target price 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. BMO Capital Markets dropped their price target on PPG Industries from $140.00 to $138.00 and set an “outperform” rating on the stock in a research report on Monday, July 6th. Finally, The Goldman Sachs Group dropped their price target on PPG Industries from $134.00 to $130.00 in a research report on Friday, May 1st. Seven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, PPG Industries has a consensus rating of “Hold” and an average price target of $126.00.

View Our Latest Analysis 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.