PPG Industries, Inc. (NYSE:PPG – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the eighteen analysts that are currently covering the firm, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $128.29.
Several equities analysts have commented on the stock. UBS Group lifted their target price on shares of PPG Industries from $116.00 to $123.00 and gave the stock a “neutral” rating in a research report on Thursday. BMO Capital Markets reduced their price target 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PPG Industries in a report on Monday, September 14th. Sanford C. Bernstein restated an “outperform” rating and issued a $137.00 target price on shares of PPG Industries in a research note on Thursday. Finally, Royal Bank Of Canada lifted their price objective on shares of PPG Industries from $115.00 to $123.00 and gave the stock a “sector perform” rating in a report on Thursday.
Get Our Latest Analysis on PPG
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in PPG Industries in the 2nd quarter valued at about $2,856,392,000. Pzena Investment Management LLC acquired a new stake in PPG Industries during the 2nd quarter worth $946,964,000. Bank of New York Mellon Corp purchased a new stake in PPG Industries during the 2nd quarter valued at approximately $318,870,000. Bank of America Corp DE acquired a new stake in shares of PPG Industries in the 2nd quarter worth $278,965,000. Finally, First Trust Advisors LP boosted its stake in shares of PPG Industries by 321.4% in the first quarter. First Trust Advisors LP now owns 2,287,261 shares of the specialty chemicals company’s stock valued at $244,462,000 after buying an additional 1,744,528 shares in the last quarter. Hedge funds and other institutional investors own 81.86% of the company’s stock.
PPG Industries Stock Down 0.2%
PPG stock opened at $119.72 on Tuesday. The firm has a market capitalization of $26.45 billion, a PE ratio of 17.10, a P/E/G ratio of 2.18 and a beta of 1.06. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 0.71. PPG Industries has a twelve month low of $93.39 and a twelve month high of $133.43. The stock’s 50 day moving average is $108.78 and its 200-day moving average is $112.47.
PPG Industries (NYSE:PPG – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The specialty chemicals company reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.12 by $0.13. The business had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.28 billion. PPG Industries had a return on equity of 20.90% and a net margin of 9.41%. PPG Industries’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.13 earnings per share. Sell-side analysts expect that PPG Industries will post 7.98 EPS for the current fiscal year.
PPG Industries Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Tuesday, November 10th will be paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, November 10th. PPG Industries’s dividend payout ratio is 42.29%.
Key Stories Impacting PPG Industries
Here are the key news stories impacting PPG Industries this week:
- Positive Sentiment: Analysts broadly raised their price targets following PPG’s earnings beat and higher guidance. Wells Fargo lifted its target to $135 and maintained an overweight rating; Barclays raised its target to $137; JPMorgan increased its target to $130 with an overweight rating; and KeyBanc raised its target to $131. Wells Fargo target update KeyBanc target update
- Positive Sentiment: Royal Bank of Canada, UBS and Citigroup also raised their targets, with the new estimates ranging from $123 to $130. These revisions suggest analysts see additional upside after the company’s recent operating performance. Analyst target revisions
- Positive Sentiment: PPG’s third-quarter results exceeded consensus expectations, while discussion of higher guidance supports the outlook for earnings and may reinforce the investment case for the specialty-chemicals manufacturer. PPG Q3 2026 earnings call summary
- Neutral Sentiment: PPG senior information technology manager Jennifer Bourne was named to Pittsburgh Magazine’s 2026 40 Under 40 list. The recognition highlights employee leadership but is unlikely to materially affect near-term financial results. Jennifer Bourne 40 Under 40 announcement
- Negative Sentiment: Morgan Stanley initiated or reiterated a “hold” rating, signaling limited conviction that PPG will outperform at its current valuation. Commentary questioning whether the stock is fairly valued after its earnings beat and guidance increase may also be restraining buying interest. Morgan Stanley hold rating
PPG Industries Company Profile
PPG Industries, Inc is a global manufacturer of paints, coatings and specialty materials. The company develops products designed to protect, decorate and improve the performance of surfaces and components used in transportation, construction, manufacturing and consumer products.
Its product portfolio includes automotive and commercial vehicle coatings, aerospace coatings, industrial and protective coatings, architectural paints, packaging coatings, and coatings used in marine and other specialty applications.
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