Corient Private Wealth LP Makes New Investment in PPG Industries, Inc. $PPG

Posted by Brenda Bartman on Aug 29th, 2026

Corient Private Wealth LP bought a new stake in PPG Industries, Inc. (NYSE:PPG – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 182,457 shares of the specialty chemicals company’s stock, valued at approximately $22,131,000. Corient Private Wealth LP owned 0.08% of PPG Industries as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. bought a new position in PPG Industries during the 2nd quarter worth $2,856,392,000. State Street Corp increased its position in PPG Industries by 4.6% in the fourth quarter. State Street Corp now owns 12,829,677 shares of the specialty chemicals company’s stock worth $1,314,529,000 after buying an additional 565,523 shares during the period. Pzena Investment Management LLC bought a new stake in PPG Industries in the second quarter valued at $946,964,000. Franklin Resources Inc. boosted its holdings in shares of PPG Industries by 48.9% during the fourth quarter. Franklin Resources Inc. now owns 6,990,595 shares of the specialty chemicals company’s stock valued at $716,256,000 after acquiring an additional 2,295,118 shares during the period. Finally, First Eagle Investment Management LLC grew its position in shares of PPG Industries by 0.4% during the fourth quarter. First Eagle Investment Management LLC now owns 6,290,622 shares of the specialty chemicals company’s stock worth $644,537,000 after acquiring an additional 26,793 shares during the last quarter. 81.86% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. BMO Capital Markets reduced their target price on shares of PPG Industries from $140.00 to $138.00 and set an “outperform” rating for the company in a research note on Monday, July 6th. The Goldman Sachs Group dropped their price target on shares of PPG Industries from $134.00 to $130.00 in a research note on Friday, May 1st. Wall Street Zen cut PPG Industries from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Citigroup reduced their price objective on PPG Industries from $125.00 to $121.00 and set a “neutral” rating for the company in a research report on Thursday, July 30th. Finally, Weiss Ratings raised PPG Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, June 17th. Seven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $126.00.

View Our Latest Stock Report on PPG Industries

PPG Industries Stock Performance

PPG stock opened at $114.06 on Friday. The company has a market capitalization of $25.36 billion, a P/E ratio of 16.34, a PEG ratio of 1.65 and a beta of 1.07. The company has a 50-day simple moving average of $116.77 and a 200 day simple moving average of $113.70. PPG Industries, Inc. has a fifty-two week low of $93.39 and a fifty-two week 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.

PPG Industries (NYSE:PPG – Get Free Report) last released its earnings results 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 net margin of 9.57% and a return on equity of 21.07%. The company had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.37 billion. During the same period in the previous year, the business posted $2.22 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Sell-side analysts predict that PPG Industries, Inc. will post 7.89 earnings per share for the current fiscal year.

PPG Industries Increases Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 2.6%. This is a boost from PPG Industries’s previous quarterly dividend of $0.71. The ex-dividend date is Monday, August 10th. PPG Industries’s payout ratio is 42.41%.

PPG Industries 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.