Nomura Asset Management Co. Ltd. Buys 19,766 Shares of PPG Industries, Inc. $PPG

Posted by on Jun 1st, 2026

Nomura Asset Management Co. Ltd. boosted its stake in shares of PPG Industries, Inc. (NYSE:PPG – Free Report) by 4.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 431,973 shares of the specialty chemicals company’s stock after acquiring an additional 19,766 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.19% of PPG Industries worth $44,260,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Nvest Wealth Strategies Inc. bought a new stake in PPG Industries during the 4th quarter worth about $505,000. First Eagle Investment Management LLC grew its holdings in PPG Industries by 12.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 6,263,829 shares of the specialty chemicals company’s stock worth $658,391,000 after acquiring an additional 703,549 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in PPG Industries by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,020,138 shares of the specialty chemicals company’s stock worth $317,421,000 after acquiring an additional 43,702 shares during the last quarter. Cooke & Bieler LP boosted its stake in shares of PPG Industries by 16.7% in the 4th quarter. Cooke & Bieler LP now owns 1,616,672 shares of the specialty chemicals company’s stock valued at $165,644,000 after purchasing an additional 231,537 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of PPG Industries by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 15,159,770 shares of the specialty chemicals company’s stock valued at $1,593,443,000 after purchasing an additional 2,521,004 shares during the last quarter. Institutional investors own 81.86% of the company’s stock.

PPG Industries Stock Performance

Shares of PPG stock opened at $113.05 on Monday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.17 and a current ratio of 1.61. The company has a market capitalization of $25.20 billion, a P/E ratio of 16.13, a price-to-earnings-growth ratio of 1.65 and a beta of 1.06. The company’s 50 day moving average price is $107.36 and its two-hundred day moving average price is $108.58. PPG Industries, Inc. has a 52 week low of $93.39 and a 52 week high of $133.43.

PPG Industries (NYSE:PPG – Get Free Report) last announced its earnings results on Tuesday, April 28th. The specialty chemicals company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.78 by $0.05. The firm had revenue of $3.93 billion for the quarter, compared to the consensus estimate of $3.85 billion. PPG Industries had a net margin of 9.83% and a return on equity of 21.68%. The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period last year, the company posted $1.72 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, analysts expect that PPG Industries, Inc. will post 7.93 earnings per share for the current fiscal year.

PPG Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Monday, May 11th will be issued a $0.71 dividend. The ex-dividend date is Monday, May 11th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.5%. PPG Industries’s dividend payout ratio (DPR) is 40.51%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on PPG shares. The Goldman Sachs Group reduced their target price on shares of PPG Industries from $134.00 to $130.00 in a research note on Friday, May 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PPG Industries in a research note on Monday, May 11th. Jefferies Financial Group reduced their target price on shares of PPG Industries from $125.00 to $116.00 and set a “hold” rating on the stock in a research note on Thursday, March 26th. Evercore raised their target price on shares of PPG Industries from $112.00 to $128.00 in a research note on Wednesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of PPG Industries from $120.00 to $130.00 in a research note on Friday, March 27th. Five equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, PPG Industries has an average rating of “Hold” and a consensus price target of $121.79.

Read Our Latest Stock Analysis on PPG Industries

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.

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Institutional Ownership by Quarter for PPG Industries (NYSE:PPG)

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