UBS Group Lowers PPG Industries (NYSE:PPG) Price Target to $125.00

PPG Industries (NYSE:PPG) had its price target dropped by stock analysts at UBS Group from $130.00 to $125.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the specialty chemicals company’s stock. UBS Group’s target price suggests a potential upside of 11.56% from the stock’s current price.

Several other research firms have also recently commented on PPG. Royal Bank Of Canada reduced their price target on PPG Industries from $129.00 to $122.00 and set a “sector perform” rating for the company in a report on Thursday. BMO Capital Markets cut their price objective on PPG Industries from $140.00 to $138.00 and set an “outperform” rating for the company in a research report on Monday, July 6th. Mizuho raised their target price on PPG Industries from $125.00 to $135.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. BNP Paribas Exane boosted their target price on shares of PPG Industries from $115.00 to $116.00 in a research report on Thursday, April 30th. Finally, Weiss Ratings upgraded shares of PPG Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, June 17th. Seven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, PPG Industries currently has an average rating of “Hold” and an average price target of $126.00.

PPG Industries Stock Performance

NYSE PPG traded up $0.22 during trading hours on Thursday, hitting $112.05. 3,156,980 shares of the stock were exchanged, compared to its average volume of 2,118,010. The company has a market cap of $24.98 billion, a price-to-earnings ratio of 16.05, a price-to-earnings-growth ratio of 1.75 and a beta of 1.05. PPG Industries has a 12-month low of $93.39 and a 12-month high of $133.43. The stock has a 50-day moving average of $116.58 and a 200 day moving average of $113.60. The company has a quick ratio of 1.17, a current ratio of 1.61 and a debt-to-equity ratio of 0.78.

PPG Industries (NYSE:PPG) last announced its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $2.23 EPS for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.02). PPG Industries had a net margin of 9.57% and a return on equity of 21.39%. The firm had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.37 billion. During the same quarter in the previous year, the business earned $2.22 EPS. PPG Industries’s revenue for the quarter was up 7.2% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, equities research analysts forecast that PPG Industries will post 7.93 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PPG. Brighton Jones LLC lifted its stake in shares of PPG Industries by 9.1% in the 4th quarter. Brighton Jones LLC now owns 4,075 shares of the specialty chemicals company’s stock valued at $487,000 after purchasing an additional 339 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in PPG Industries by 31.4% in the first quarter. Integrated Wealth Concepts LLC now owns 3,849 shares of the specialty chemicals company’s stock valued at $421,000 after buying an additional 920 shares during the period. Empowered Funds LLC lifted its position in PPG Industries by 6.1% during the first quarter. Empowered Funds LLC now owns 26,354 shares of the specialty chemicals company’s stock valued at $2,882,000 after buying an additional 1,526 shares in the last quarter. Woodline Partners LP increased its position in shares of PPG Industries by 40.7% in the first quarter. Woodline Partners LP now owns 19,600 shares of the specialty chemicals company’s stock worth $2,143,000 after acquiring an additional 5,667 shares in the last quarter. Finally, Cresset Asset Management LLC lifted its holdings in shares of PPG Industries by 6.2% during the 2nd quarter. Cresset Asset Management LLC now owns 6,346 shares of the specialty chemicals company’s stock valued at $722,000 after acquiring an additional 371 shares in the last quarter. Institutional investors and hedge funds own 81.86% of the company’s stock.

Key Stories Impacting PPG Industries

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

• Positive Sentiment: PPG reported second-quarter sales of $4.50 billion, up 7.2% year over year and above the $4.37 billion analyst estimate. Organic sales growth reached 4%, with broad-based gains across its segments. PPG reports second quarter 2026 financial results
• Positive Sentiment: Data centers are emerging as a potential growth driver for PPG and rival Sherwin-Williams, supporting demand for coatings used in construction, infrastructure and related equipment. Data Centers Emerge as Growth Drivers for PPG, Sherwin-Williams
• Positive Sentiment: PPG’s updated full-year 2026 adjusted EPS outlook of $7.70-$8.10 implies a midpoint of $7.90, roughly in line with the $7.89 consensus estimate and supportive of earnings stability. The company also remains attractive to income-oriented investors because of its dividend profile. Why PPG Industries Is a Great Dividend Stock Right Now
• Neutral Sentiment: Adjusted EPS was $2.23, compared with $2.22 a year earlier, while reported EPS was $1.96 versus $1.98. Net income declined 2% to $439 million, indicating that revenue growth has not yet translated into stronger bottom-line results. PPG Industries second-quarter earnings report
• Negative Sentiment: The adjusted EPS result narrowly missed Wall Street expectations of approximately $2.25-$2.26. The miss overshadowed the revenue beat and triggered selling pressure as investors focused on margins and earnings execution. PPG Industries slides as earnings miss overshadows revenue beat

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.