PPG Industries (NYSE:PPG) Releases Earnings Results, Misses Estimates By $0.02 EPS

Posted by on Jul 30th, 2026

PPG Industries (NYSE:PPG – Get Free Report) announced its quarterly earnings data on Tuesday. The specialty chemicals company reported $2.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.25 by ($0.02), FiscalAI reports. PPG Industries had a net margin of 9.57% and a return on equity of 21.39%. The firm had revenue of $4.50 billion for the quarter, compared to analysts’ expectations of $4.37 billion. During the same period in the previous year, the company posted $2.22 EPS. The business’s quarterly revenue was up 7.2% on a year-over-year basis. PPG Industries updated its FY 2026 guidance to 7.700-8.100 EPS.

PPG Industries Trading Up 0.1%

Shares of PPG Industries stock traded up $0.09 during trading hours on Thursday, hitting $111.92. The company’s stock had a trading volume of 1,029,023 shares, compared to its average volume of 2,108,836. The business has a fifty day moving average of $116.58 and a 200 day moving average of $113.60. PPG Industries has a 1-year low of $93.39 and a 1-year high of $133.43. The company has a quick ratio of 1.17, a current ratio of 1.61 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $24.95 billion, a PE ratio of 16.04, a P/E/G ratio of 1.75 and a beta of 1.05.

PPG Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Monday, August 10th will be given a $0.74 dividend. The ex-dividend date of this dividend is Monday, August 10th. This is an increase from PPG Industries’s previous quarterly dividend of $0.71. This represents a $2.96 annualized dividend and a dividend yield of 2.6%. PPG Industries’s dividend payout ratio (DPR) is currently 40.51%.

Institutional Trading of PPG Industries

Institutional investors have recently added to or reduced their stakes in the business. State Street Corp lifted its stake in shares of PPG Industries by 4.6% during 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 purchasing an additional 565,523 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its stake in shares of PPG Industries by 15.7% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 3,946,145 shares of the specialty chemicals company’s stock valued at $414,779,000 after buying an additional 535,095 shares in the last quarter. Invesco Ltd. raised its holdings in shares of PPG Industries by 5.9% during the 4th quarter. Invesco Ltd. now owns 3,597,874 shares of the specialty chemicals company’s stock valued at $368,638,000 after buying an additional 199,361 shares during the period. Morgan Stanley raised its holdings in shares of PPG Industries by 5.3% during the 4th quarter. Morgan Stanley now owns 3,520,764 shares of the specialty chemicals company’s stock valued at $360,738,000 after buying an additional 176,982 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in PPG Industries by 1.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,859,595 shares of the specialty chemicals company’s stock worth $292,995,000 after acquiring an additional 49,509 shares in the last quarter. 81.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on PPG shares. JPMorgan Chase & Co. dropped their price objective on shares of PPG Industries from $126.00 to $125.00 in a research note on Thursday, April 30th. Weiss Ratings raised shares of PPG Industries from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, June 17th. Royal Bank Of Canada upped their price objective on PPG Industries from $119.00 to $129.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 8th. Citigroup increased their target price on PPG Industries from $114.00 to $125.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Finally, BMO Capital Markets reduced their target price on PPG Industries from $140.00 to $138.00 and set an “outperform” rating on the stock in a report on Monday, July 6th. Seven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $126.13.

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About PPG Industries

(Get 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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Earnings History for PPG Industries (NYSE:PPG)

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