Zacks Research Expects Weaker Earnings for PPG Industries

PPG Industries, Inc. (NYSE:PPG - Free Report) - Zacks Research reduced their Q3 2025 EPS estimates for shares of PPG Industries in a note issued to investors on Wednesday, February 12th. Zacks Research analyst R. Department now expects that the specialty chemicals company will earn $2.30 per share for the quarter, down from their prior estimate of $2.39. The consensus estimate for PPG Industries' current full-year earnings is $7.95 per share. Zacks Research also issued estimates for PPG Industries' Q2 2026 earnings at $2.77 EPS.

PPG Industries (NYSE:PPG - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $1.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.65 by ($0.04). PPG Industries had a net margin of 6.41% and a return on equity of 23.78%.

A number of other research firms have also recently issued reports on PPG. Deutsche Bank Aktiengesellschaft cut their target price on shares of PPG Industries from $150.00 to $145.00 and set a "buy" rating for the company in a research note on Thursday, December 19th. Barclays cut their price objective on shares of PPG Industries from $144.00 to $125.00 and set an "equal weight" rating for the company in a research report on Monday, February 3rd. Citigroup lowered their target price on PPG Industries from $150.00 to $145.00 and set a "buy" rating on the stock in a research note on Wednesday, December 18th. StockNews.com cut PPG Industries from a "buy" rating to a "hold" rating in a report on Monday, February 3rd. Finally, Wells Fargo & Company decreased their price objective on PPG Industries from $150.00 to $135.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $138.15.

PPG Industries Stock Performance

PPG Industries stock traded down $2.44 during mid-day trading on Monday, hitting $116.82. 1,681,051 shares of the company's stock traded hands, compared to its average volume of 2,106,998. PPG Industries has a fifty-two week low of $110.20 and a fifty-two week high of $145.60. The stock has a market cap of $27.10 billion, a price-to-earnings ratio of 24.70, a P/E/G ratio of 2.19 and a beta of 1.23. The firm has a 50 day simple moving average of $118.60 and a two-hundred day simple moving average of $123.29. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.58 and a quick ratio of 1.13.

PPG Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 21st will be given a dividend of $0.68 per share. The ex-dividend date is Friday, February 21st. This represents a $2.72 annualized dividend and a dividend yield of 2.33%. PPG Industries's dividend payout ratio is 57.51%.

Insider Activity at PPG Industries

In related news, CEO Timothy M. Knavish sold 4,800 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $118.35, for a total value of $568,080.00. Following the completion of the transaction, the chief executive officer now owns 35,833 shares of the company's stock, valued at $4,240,835.55. This represents a 11.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.56% of the stock is currently owned by insiders.

Institutional Investors Weigh In On PPG Industries

Institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in PPG Industries in the fourth quarter worth $470,535,000. Kovitz Investment Group Partners LLC grew its stake in shares of PPG Industries by 482.2% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,337,649 shares of the specialty chemicals company's stock valued at $518,132,000 after buying an additional 3,592,655 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of PPG Industries by 815.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,031,164 shares of the specialty chemicals company's stock valued at $362,074,000 after buying an additional 2,700,018 shares during the period. First Eagle Investment Management LLC increased its position in PPG Industries by 138.9% in the 4th quarter. First Eagle Investment Management LLC now owns 3,196,951 shares of the specialty chemicals company's stock valued at $381,876,000 after buying an additional 1,858,895 shares in the last quarter. Finally, Wellington Management Group LLP raised its stake in PPG Industries by 17.7% during the 4th quarter. Wellington Management Group LLP now owns 10,567,051 shares of the specialty chemicals company's stock worth $1,262,234,000 after buying an additional 1,590,041 shares during the period. Institutional investors own 81.86% of the company's stock.

PPG Industries Company Profile

PPG Industries, Inc manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft.