PPG Industries (NYSE:PPG) Stock Purchase Revealed by Rep. Lloyd Doggett

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of PPG Industries, Inc. (NYSE:PPG). In a filing disclosed on October 5th, the Representative disclosed that they had bought between $1,001 and $15,000 in PPG Industries stock on September 11th.

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

• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/17/2026.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 9/10/2026.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 9/8/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/17/2026.

PPG Industries Stock Up 1.3%

Shares of NYSE:PPG opened at $106.59 on Wednesday. The firm has a market cap of $23.69 billion, a P/E ratio of 15.27, a P/E/G ratio of 1.71 and a beta of 1.06. PPG Industries, Inc. has a 12-month low of $93.39 and a 12-month high of $133.43. The business has a fifty day simple moving average of $110.53 and a 200 day simple moving average of $111.55. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 0.72.

PPG Industries (NYSE:PPG) last posted 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 21.07%. The firm had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same period in the prior year, the company posted $2.22 earnings per share. The company’s revenue for the quarter was up 7.2% 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, Inc. will post 7.89 earnings per share for the current year.

PPG Industries Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 10th were paid a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, August 10th. This is an increase from PPG Industries’s previous quarterly dividend of $0.71. This represents a $2.96 annualized dividend and a dividend yield of 2.8%. PPG Industries’s payout ratio is 42.41%.

Institutional Trading of PPG Industries

Several institutional investors and hedge funds have recently made changes to their positions in PPG. QRG Capital Management Inc. lifted its position in shares of PPG Industries by 9.2% during the second quarter. QRG Capital Management Inc. now owns 20,147 shares of the specialty chemicals company’s stock valued at $2,444,000 after purchasing an additional 1,695 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of PPG Industries by 6.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,012 shares of the specialty chemicals company’s stock worth $244,000 after buying an additional 114 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of PPG Industries by 2.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 251,590 shares of the specialty chemicals company’s stock worth $30,515,000 after buying an additional 6,928 shares in the last quarter. State Street Corp grew its holdings in shares of PPG Industries by 8.8% in the second quarter. State Street Corp now owns 13,871,116 shares of the specialty chemicals company’s stock valued at $1,682,428,000 after acquiring an additional 1,124,109 shares in the last quarter. Finally, Archford Capital Strategies LLC bought a new position in shares of PPG Industries in the second quarter valued at approximately $208,000. Hedge funds and other institutional investors own 81.86% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on PPG shares. BMO Capital Markets reduced their price objective on shares of PPG Industries from $140.00 to $138.00 and set an “outperform” rating for the company in a research report on Monday, July 6th. KeyCorp started coverage on shares of PPG Industries in a research note on Friday, September 11th. They set an “overweight” rating and a $133.00 target price on the stock. Weiss Ratings restated a “hold (c)” rating on shares of PPG Industries in a report on Monday, September 14th. Citigroup dropped their price objective on shares of PPG Industries from $121.00 to $118.00 and set a “neutral” rating on the stock in a report on Wednesday, September 30th. Finally, Wall Street Zen cut shares of PPG Industries from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Eight research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, PPG Industries has an average rating of “Hold” and an average target price of $126.06.

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.

PPG Industries Company Profile

PPG Industries, Inc is a global manufacturer of paints, coatings and specialty materials. Founded in 1883 as Pittsburgh Plate Glass, the company originally produced plate glass and later expanded into coatings and related technologies. Today, PPG’s products are used to protect, decorate and improve the performance of vehicles, aircraft, buildings, industrial equipment and consumer goods.

PPG serves the automotive, aerospace, construction, industrial, marine, packaging and consumer-product markets.