Rep. Lloyd Doggett Purchases Shares of PPG Industries, Inc. (NYSE:PPG)

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of PPG Industries, Inc. (NYSE:PPG). In a filing disclosed on April 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in PPG Industries stock on March 12th.

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

• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/26/2026.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 3/10/2026.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 3/10/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 2/17/2026.

PPG Industries Stock Up 0.7%

NYSE PPG traded up $0.74 during trading on Friday, hitting $110.44. The stock had a trading volume of 683,806 shares, compared to its average volume of 2,239,686. The company has a market capitalization of $24.72 billion, a PE ratio of 15.92, a P/E/G ratio of 1.67 and a beta of 1.16. PPG Industries, Inc. has a 12 month low of $93.39 and a 12 month high of $133.43. The company’s 50-day moving average price is $114.17 and its two-hundred day moving average price is $106.72. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.22 and a current ratio of 1.62.

PPG Industries (NYSE:PPG) last posted its quarterly earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.57 by ($0.06). PPG Industries had a return on equity of 22.30% and a net margin of 9.93%.The company had revenue of $3.91 billion for the quarter, compared to analyst estimates of $3.77 billion. During the same period last year, the firm earned $1.61 EPS. The firm’s revenue for the quarter 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. As a group, sell-side analysts forecast that PPG Industries, Inc. will post 7.95 EPS for the current year.

PPG Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Friday, February 20th were paid a $0.71 dividend. The ex-dividend date was Friday, February 20th. This represents a $2.84 annualized dividend and a yield of 2.6%. PPG Industries’s payout ratio is presently 40.92%.

Analyst Upgrades and Downgrades

PPG has been the topic of a number of research reports. Citigroup reaffirmed a “neutral” rating and issued a $113.00 price objective (down from $132.00) on shares of PPG Industries in a report on Wednesday, April 1st. Bank of America reduced their target price on PPG Industries from $118.00 to $116.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. Royal Bank Of Canada reduced their target price on PPG Industries from $115.00 to $114.00 and set a “sector perform” rating on the stock in a report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft increased their target price on PPG Industries from $120.00 to $130.00 in a report on Friday, March 27th. Finally, UBS Group reduced their target price on PPG Industries from $122.00 to $110.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $120.14.

Institutional Trading of PPG Industries

Several institutional investors and hedge funds have recently modified their holdings of the business. Steigerwald Gordon & Koch Inc. bought a new position in PPG Industries in the third quarter valued at about $26,000. Dorato Capital Management bought a new position in PPG Industries during the fourth quarter worth about $26,000. Resources Management Corp CT ADV lifted its position in PPG Industries by 900.0% during the fourth quarter. Resources Management Corp CT ADV now owns 250 shares of the specialty chemicals company’s stock valued at $26,000 after purchasing an additional 225 shares during the last quarter. Quarry LP bought a new stake in PPG Industries during the third quarter valued at approximately $26,000. Finally, Root Financial Partners LLC bought a new stake in PPG Industries during the third quarter valued at approximately $30,000. 81.86% of the stock is currently owned by institutional investors.

Insider Buying and Selling at PPG Industries

In other PPG Industries news, VP Anne M. Foulkes sold 3,594 shares of PPG Industries stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $124.61, for a total transaction of $447,848.34. Following the completion of the sale, the vice president directly owned 15,641 shares in the company, valued at $1,949,025.01. The trade was a 18.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Vincent J. Morales sold 78,095 shares of PPG Industries stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $131.00, for a total transaction of $10,230,445.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 118,811 shares of company stock worth $15,219,371 over the last three months. 0.33% of the stock is owned by insiders.

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.

About PPG Industries

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.