PPG Industries Q2 EPS Forecast Reduced by Seaport Res Ptn

PPG Industries, Inc. (NYSE:PPG) – Equities researchers at Seaport Res Ptn decreased their Q2 2025 earnings per share (EPS) estimates for PPG Industries in a research note issued to investors on Wednesday, April 30th. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will post earnings of $2.19 per share for the quarter, down from their previous forecast of $2.27. Seaport Res Ptn has a “Hold” rating on the stock. The consensus estimate for PPG Industries’ current full-year earnings is $7.95 per share. Seaport Res Ptn also issued estimates for PPG Industries’ Q1 2026 earnings at $2.07 EPS and Q4 2026 earnings at $2.09 EPS.

PPG Industries (NYSE:PPG) last released its quarterly earnings results on Tuesday, April 29th. The specialty chemicals company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.10. The company had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.67 billion. PPG Industries had a return on equity of 23.78% and a net margin of 6.41%. PPG Industries’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.87 EPS.

Several other research firms also recently weighed in on PPG. JPMorgan Chase & Co. decreased their target price on PPG Industries from $115.00 to $105.00 and set a “neutral” rating for the company in a research report on Thursday, May 1st. Bank of America reiterated a “neutral” rating and set a $126.00 price objective (down previously from $143.00) on shares of PPG Industries in a report on Tuesday, April 15th. Argus downgraded shares of PPG Industries from a “buy” rating to a “hold” rating in a research note on Monday, March 10th. Fermium Researc raised shares of PPG Industries to a “strong-buy” rating in a research note on Thursday, May 1st. Finally, Citigroup dropped their price objective on PPG Industries from $135.00 to $113.00 and set a “buy” rating on the stock in a research note on Tuesday, April 8th. Nine analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, PPG Industries presently has an average rating of “Moderate Buy” and a consensus price target of $128.83.

PPG Industries Stock Performance

PPG Industries stock opened at $108.69 on Monday. The firm has a market capitalization of $24.67 billion, a P/E ratio of 22.98, a price-to-earnings-growth ratio of 2.19 and a beta of 1.20. The company’s 50-day moving average is $106.77 and its 200 day moving average is $115.99. PPG Industries has a 1-year low of $90.24 and a 1-year high of $137.24. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.58 and a quick ratio of 1.13.

PPG Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Monday, May 12th will be given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend is Monday, May 12th. PPG Industries’s dividend payout ratio is currently 58.24%.

Insider Buying and Selling at PPG Industries

In other news, CEO Timothy M. Knavish sold 4,800 shares of PPG Industries stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $118.35, for a total transaction of $568,080.00. Following the completion of the transaction, the chief executive officer now directly owns 35,833 shares of the company’s stock, valued at $4,240,835.55. The trade was a 11.81 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.33% of the company’s stock.

Institutional Trading of PPG Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC increased its stake in shares of PPG Industries by 21.0% in the 3rd quarter. Barclays PLC now owns 1,142,045 shares of the specialty chemicals company’s stock valued at $151,276,000 after purchasing an additional 198,353 shares in the last quarter. Tidal Investments LLC increased its position in shares of PPG Industries by 1.2% in the third quarter. Tidal Investments LLC now owns 13,306 shares of the specialty chemicals company’s stock valued at $1,763,000 after buying an additional 162 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of PPG Industries by 5.7% during the 3rd quarter. Franklin Resources Inc. now owns 3,136,570 shares of the specialty chemicals company’s stock worth $403,049,000 after buying an additional 170,339 shares during the period. GAMMA Investing LLC lifted its position in shares of PPG Industries by 8.9% during the 4th quarter. GAMMA Investing LLC now owns 6,121 shares of the specialty chemicals company’s stock valued at $731,000 after buying an additional 498 shares in the last quarter. Finally, Nordea Investment Management AB grew its stake in PPG Industries by 3.7% in the 4th quarter. Nordea Investment Management AB now owns 19,411 shares of the specialty chemicals company’s stock valued at $2,328,000 after acquiring an additional 687 shares during the period. Institutional investors and hedge funds own 81.86% of the company’s stock.

About PPG Industries

PPG Industries, Inc manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft.