PPG Industries (NYSE:PPG) Stock Purchase Revealed by Rep. Lloyd Doggett

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of PPG Industries, Inc. (NYSE:PPG). In a filing disclosed on October 5th, the Representative disclosed that they had bought between $1,001 and $15,000 in PPG Industries stock on September 11th.

Representative Lloyd Doggett also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/17/2026.
  • Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 9/10/2026.
  • Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 9/8/2026.
  • Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/17/2026.

PPG Industries Trading Down 1.4%

PPG opened at $104.99 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.15 and a current ratio of 1.58. PPG Industries, Inc. has a one year low of $93.39 and a one year high of $133.43. The company has a market cap of $23.34 billion, a P/E ratio of 15.04, a PEG ratio of 1.73 and a beta of 1.06. The business’s 50-day simple moving average is $110.39 and its 200-day simple moving average is $111.60.

PPG Industries (NYSE:PPG – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $2.23 earnings per share for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.02). PPG Industries had a return on equity of 21.07% and a net margin of 9.57%.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 revenue for the quarter was up 7.2% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, equities research analysts expect that PPG Industries, Inc. will post 7.89 EPS for the current fiscal year.

PPG Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 10th were given a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $2.96 annualized dividend and a dividend yield of 2.8%. This is an increase from PPG Industries’s previous quarterly dividend of $0.71. PPG Industries’s payout ratio is currently 42.41%.

Institutional Investors Weigh In On PPG Industries

Several large investors have recently made changes to their positions in the business. QRG Capital Management Inc. boosted its stake in shares of PPG Industries by 9.2% in the second quarter. QRG Capital Management Inc. now owns 20,147 shares of the specialty chemicals company’s stock valued at $2,444,000 after purchasing an additional 1,695 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in PPG Industries by 6.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,012 shares of the specialty chemicals company’s stock worth $244,000 after buying an additional 114 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in PPG Industries by 2.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 251,590 shares of the specialty chemicals company’s stock worth $30,515,000 after buying an additional 6,928 shares in the last quarter. State Street Corp boosted its position in PPG Industries by 8.8% in the 2nd quarter. State Street Corp now owns 13,871,116 shares of the specialty chemicals company’s stock valued at $1,682,428,000 after buying an additional 1,124,109 shares during the last quarter. Finally, Archford Capital Strategies LLC purchased a new position in PPG Industries in the 2nd quarter valued at about $208,000. Institutional investors and hedge funds own 81.86% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on PPG shares. Royal Bank Of Canada reduced their target price on PPG Industries from $129.00 to $122.00 and set a “sector perform” rating for the company in a report on Thursday, July 30th. Wall Street Zen cut PPG Industries from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. UBS Group cut their price target on PPG Industries from $125.00 to $116.00 and set a “neutral” rating for the company in a research note on Monday. Sanford C. Bernstein restated an “outperform” rating and set a $136.00 target price on shares of PPG Industries in a research report on Thursday, September 24th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PPG Industries in a research report on Monday, September 14th. Eight research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, PPG Industries has an average rating of “Hold” and a consensus price target of $126.06.

Check Out Our Latest Research Report on PPG

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

PPG Industries Company Profile

(Get Free Report)

PPG Industries, Inc is a global manufacturer of paints, coatings and specialty materials. Founded in 1883 as Pittsburgh Plate Glass, the company originally produced plate glass and later expanded into coatings and related technologies. Today, PPG’s products are used to protect, decorate and improve the performance of vehicles, aircraft, buildings, industrial equipment and consumer goods.

PPG serves the automotive, aerospace, construction, industrial, marine, packaging and consumer-product markets.

See Also

Receive News & Ratings for PPG Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PPG Industries and related companies with MarketBeat.com's FREE daily email newsletter.