PPG Industries (NYSE:PPG) Price Target Raised to $115.00

PPG Industries (NYSE:PPG) had its target price increased by BNP Paribas Exane from $112.00 to $115.00 in a research report released on Monday,MarketScreener reports. The firm currently has a neutral rating on the specialty chemicals company’s stock.

Several other research firms have also recently issued reports on PPG. Bank of America decreased their price target on PPG Industries from $118.00 to $116.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Sanford C. Bernstein increased their price target on PPG Industries from $123.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of PPG Industries in a research note on Wednesday, January 28th. Jefferies Financial Group decreased their price target on PPG Industries from $125.00 to $116.00 and set a “hold” rating for the company in a research note on Thursday, March 26th. Finally, Citigroup reissued a “neutral” rating and issued a $113.00 price target (down from $132.00) on shares of PPG Industries in a research note on Wednesday, April 1st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $120.86.

PPG Industries Price Performance

Shares of PPG opened at $111.70 on Monday. The company has a market cap of $25.00 billion, a P/E ratio of 16.10, a PEG ratio of 1.67 and a beta of 1.16. The stock has a fifty day moving average price of $111.91 and a 200 day moving average price of $107.14. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.62 and a quick ratio of 1.22. PPG Industries has a 12 month low of $93.39 and a 12 month high of $133.43.

PPG Industries (NYSE:PPG) last issued its quarterly earnings data on Tuesday, January 27th. The specialty chemicals company reported $1.51 EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $3.77 billion. During the same quarter in the previous year, the company earned $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. On average, research analysts forecast that PPG Industries will post 8.02 earnings per share for the current year.

PPG Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Monday, May 11th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, May 11th. PPG Industries’s dividend payout ratio is currently 40.92%.

Insider Activity

In other news, CFO Vincent J. Morales sold 78,095 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $131.00, for a total transaction of $10,230,445.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Anne M. Foulkes sold 3,594 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $124.61, for a total value of $447,848.34. Following the sale, the vice president directly owned 15,641 shares of the company’s stock, valued at approximately $1,949,025.01. This represents a 18.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 113,611 shares of company stock valued at $14,647,371 over the last three months. Insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On PPG Industries

Several hedge funds have recently bought and sold shares of PPG. Pzena Investment Management LLC lifted its stake in PPG Industries by 306.2% in the 4th quarter. Pzena Investment Management LLC now owns 7,098,767 shares of the specialty chemicals company’s stock worth $727,340,000 after acquiring an additional 5,351,103 shares in the last quarter. Wellington Management Group LLP increased its position in PPG Industries by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 15,159,770 shares of the specialty chemicals company’s stock worth $1,593,443,000 after purchasing an additional 2,521,004 shares during the last quarter. Franklin Resources Inc. increased its position in PPG Industries by 48.9% in the 4th quarter. Franklin Resources Inc. now owns 6,990,595 shares of the specialty chemicals company’s stock worth $716,256,000 after purchasing an additional 2,295,118 shares during the last quarter. Norges Bank acquired a new position in PPG Industries in the 4th quarter worth about $209,355,000. Finally, Bank of Montreal Can increased its position in PPG Industries by 254.9% in the 4th quarter. Bank of Montreal Can now owns 1,334,707 shares of the specialty chemicals company’s stock worth $136,754,000 after purchasing an additional 958,580 shares during the last quarter. 81.86% of the stock is owned by hedge funds and other institutional investors.

PPG Industries News Summary

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

• Positive Sentiment: PPG added a new Marly, France coatings testing line for radiation‑curable coatings, boosting innovation in sustainable, high‑speed production and potential lower-emission solutions that could win new business in Europe. PPG Strengthens R&D With New Coatings Testing Line in France
• Positive Sentiment: The Goldman Sachs Group raised its price target to $134 and kept a “buy” rating, implying meaningful upside versus current levels and likely attracting buyer interest. Goldman Sachs Adjusts Price Target on PPG Industries
• Positive Sentiment: RBC Capital raised its price target and reiterated a bullish stance, adding to the recent analyst momentum that supports higher valuation expectations. RBC Capital Bullish on PPG Industries – Raises Price Target
• Positive Sentiment: BNP Paribas Exane raised its price target to $115, reinforcing the trend of upward analyst revisions. BNP Paribas Exane Raises PPG Industries Price Target to $115
• Positive Sentiment: PPG launched an integrated end‑to‑end protective coatings offering for data centers, a specialized product push that could capture higher‑margin, recurring service and specification business. PPG Unveils Integrated End-to-End Coatings Offering for Data Centers
• Positive Sentiment: Shareholders approved governance changes including a new performance‑based incentive plan, which can better align management incentives with shareholder returns. PPG Shareholders Endorse Governance, Approve New Incentive Plan
• Positive Sentiment: Zacks Research nudged up Q1 and FY2026 EPS estimates (Q1 to $1.81; FY2026 to $7.97), indicating analysts are modeling slightly stronger near‑term earnings — supportive for forward expectations. Zacks Research Raises PPG EPS Estimates
• Neutral Sentiment: Bank of America Securities moved PPG to a “hold” (or reiterated a hold), a neutral signal that may limit upside from some institutional investors despite other bullish actions. PPG Industries Gets a Hold from Bank of America Securities
• Neutral Sentiment: Analyst commentary pieces highlight expected earnings growth and debate buy/hold implications — useful context for investors but not an immediate catalyst. PPG Earnings Expected to Grow: Should You Buy?

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.