PPG Industries (NYSE:PPG) Given New $122.00 Price Target at UBS Group

PPG Industries (NYSE:PPG) had its price objective lifted by equities researchers at UBS Group from $110.00 to $122.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the specialty chemicals company’s stock. UBS Group’s price target suggests a potential upside of 5.12% from the stock’s current price.

Several other analysts also recently commented on PPG. Zacks Research upgraded PPG Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Jefferies Financial Group lifted their price objective on PPG Industries from $115.00 to $125.00 and gave the stock a “hold” rating in a report on Thursday. Sanford C. Bernstein dropped their price target on shares of PPG Industries from $129.00 to $123.00 and set an “outperform” rating on the stock in a report on Monday, November 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of PPG Industries in a report on Friday, October 31st. Finally, The Goldman Sachs Group raised their target price on shares of PPG Industries from $118.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $123.33.

PPG Industries Stock Up 1.8%

NYSE:PPG traded up $2.10 on Thursday, hitting $116.06. The stock had a trading volume of 1,258,153 shares, compared to its average volume of 2,250,837. PPG Industries has a 1 year low of $90.24 and a 1 year high of $123.30. The firm’s fifty day simple moving average is $104.38 and its two-hundred day simple moving average is $105.51. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.08 and a current ratio of 1.47. The stock has a market cap of $26.04 billion, a P/E ratio of 26.26, a price-to-earnings-growth ratio of 3.23 and a beta of 1.17.

PPG Industries (NYSE:PPG) last issued its quarterly earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.06). PPG Industries had a return on equity of 22.67% and a net margin of 9.93%.The company had revenue of $3.91 billion during the quarter, compared to analysts’ expectations of $3.77 billion. During the same period last year, the firm posted $1.61 earnings per share. PPG Industries’s quarterly revenue was up 5.0% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Analysts predict that PPG Industries will post 7.95 earnings per share for the current year.

Insider Activity at PPG Industries

In other PPG Industries news, CFO Vincent J. Morales sold 5,200 shares of the stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $110.00, for a total transaction of $572,000.00. Following the completion of the transaction, the chief financial officer owned 28,439 shares in the company, valued at $3,128,290. This trade represents a 15.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On PPG Industries

A number of institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank acquired a new position in shares of PPG Industries during the second quarter worth $362,412,000. Wellington Management Group LLP increased its holdings in shares of PPG Industries by 19.9% during the third 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 acquiring an additional 2,521,004 shares in the last quarter. Franklin Resources Inc. raised its position in shares of PPG Industries by 39.4% in the 3rd quarter. Franklin Resources Inc. now owns 4,695,477 shares of the specialty chemicals company’s stock valued at $493,542,000 after purchasing an additional 1,326,619 shares during the last quarter. Holocene Advisors LP boosted its stake in PPG Industries by 342.8% in the 2nd quarter. Holocene Advisors LP now owns 1,688,870 shares of the specialty chemicals company’s stock worth $192,109,000 after purchasing an additional 1,307,468 shares in the last quarter. Finally, First Eagle Investment Management LLC grew its position in PPG Industries by 21.2% during the 2nd quarter. First Eagle Investment Management LLC now owns 5,560,280 shares of the specialty chemicals company’s stock worth $632,482,000 after purchasing an additional 971,799 shares during the last quarter. 81.86% of the stock is owned by institutional investors.

Key Headlines Impacting PPG Industries

Here are the key news stories impacting PPG Industries this week:

• Positive Sentiment: Multiple analyst upgrades and higher price targets support upside potential — Wells Fargo raised its target to $135 and kept an “overweight” rating (big upside vs. the current price), and Mizuho raised its target to $125 with an “outperform” rating. Article Title
• Positive Sentiment: Revenue beat and sales growth: PPG reported Q4 revenue of $3.91B, up ~5% year‑over‑year and ahead of estimates — a sign demand/pricing held up across coating segments. Article Title
• Positive Sentiment: Cash flow strength: operating cash from operations rose sharply y/y (reported ~ $685M), which supports balance sheet flexibility and buybacks/dividends. Article Title
• Neutral Sentiment: Analyst coverage & education pieces (Zacks, Seeking Alpha) discuss PPG as a value/earnings‑setup name; useful context for long‑term investors but not immediate catalysts. Article Title
• Neutral Sentiment: Company materials: the Q4 earnings call transcript and slide deck are available for deeper read on segment detail and management commentary. Article Title
• Negative Sentiment: EPS miss and weaker profitability metrics: Q4 EPS missed consensus ($1.51 reported vs. $1.57 expected) and disclosure of lower operating profit / net income pressures sentiment. Article Title
• Negative Sentiment: FY‑2026 guidance came in at $7.70–$8.10 EPS, slightly below the Street (~8.06), which tempers near‑term upside and explains some analyst caution. Article Title
• Negative Sentiment: Regional/market softness flagged by management (soft European and industrial markets) and press coverage amplified downside risk for cyclically sensitive end markets. Article Title
• Negative Sentiment: RBC raised its target to $115 but kept a “sector perform” rating — the target sits at/just below the current price, signaling limited near‑term upside from that shop. Article Title

PPG Industries Company Profile

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.