Sen. Shelley Moore Capito Sells PPG Industries, Inc. (NYSE:PPG) Stock

Senator Shelley Moore Capito (R-West Virginia) recently sold shares of PPG Industries, Inc. (NYSE:PPG). In a filing disclosed on August 04th, the Senator disclosed that they had sold between $1,001 and $15,000 in PPG Industries stock on July 30th.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 7/31/2025.
• Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 7/31/2025.
• Sold $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 7/31/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/29/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 7/29/2025.
• Sold $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 7/18/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 7/18/2025.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 7/18/2025.
• Sold $1,001 – $15,000 in shares of Aflac (NYSE:AFL) on 7/18/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 7/18/2025.

PPG Industries Stock Performance

Shares of PPG Industries stock opened at $104.94 on Tuesday. The company has a market cap of $23.68 billion, a PE ratio of 23.80, a price-to-earnings-growth ratio of 2.15 and a beta of 1.17. PPG Industries, Inc. has a 52 week low of $90.24 and a 52 week high of $137.24. The business has a 50 day moving average price of $112.95 and a 200-day moving average price of $111.59. The company has a quick ratio of 1.04, a current ratio of 1.42 and a debt-to-equity ratio of 0.76.

PPG Industries (NYSE:PPG) last released its earnings results on Tuesday, July 29th. The specialty chemicals company reported $2.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.22. The company had revenue of $4.20 billion during the quarter, compared to analyst estimates of $4.16 billion. PPG Industries had a return on equity of 23.85% and a net margin of 6.25%. PPG Industries’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the company posted $2.50 earnings per share. Equities analysts anticipate that PPG Industries, Inc. will post 7.95 earnings per share for the current fiscal year.

PPG Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Monday, August 11th will be paid a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 2.7%. This is a boost from PPG Industries’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Monday, August 11th. PPG Industries’s dividend payout ratio (DPR) is currently 61.68%.

Hedge Funds Weigh In On PPG Industries

A number of large investors have recently made changes to their positions in PPG. Capital Advisors Ltd. LLC boosted its holdings in shares of PPG Industries by 127.6% in the second quarter. Capital Advisors Ltd. LLC now owns 223 shares of the specialty chemicals company’s stock worth $25,000 after acquiring an additional 125 shares during the period. Park Square Financial Group LLC bought a new position in shares of PPG Industries in the fourth quarter worth $26,000. Cheviot Value Management LLC bought a new position in shares of PPG Industries in the first quarter worth $26,000. CVA Family Office LLC boosted its holdings in shares of PPG Industries by 70.6% in the first quarter. CVA Family Office LLC now owns 273 shares of the specialty chemicals company’s stock worth $30,000 after acquiring an additional 113 shares during the period. Finally, Headlands Technologies LLC bought a new position in shares of PPG Industries in the first quarter worth $30,000. 81.86% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on PPG shares. Bank of America reaffirmed a “neutral” rating and issued a $126.00 target price (down from $143.00) on shares of PPG Industries in a report on Tuesday, April 15th. JPMorgan Chase & Co. reduced their target price on PPG Industries from $115.00 to $105.00 and set a “neutral” rating for the company in a report on Thursday, May 1st. Citigroup upped their target price on PPG Industries from $125.00 to $130.00 and gave the company a “buy” rating in a report on Friday, June 13th. UBS Group upped their target price on PPG Industries from $111.00 to $125.00 and gave the company a “neutral” rating in a report on Wednesday, July 9th. Finally, Royal Bank Of Canada raised their target price on PPG Industries from $115.00 to $117.00 and gave the stock a “sector perform” rating in a research report on Friday. Nine research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, PPG Industries has an average rating of “Moderate Buy” and a consensus target price of $129.82.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state’s history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor’s degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women’s Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

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.