What is KeyCorp's Estimate for PPG Industries Q2 Earnings?

PPG Industries, Inc. (NYSE:PPG - Free Report) - Research analysts at KeyCorp dropped their Q2 2025 earnings per share (EPS) estimates for shares of PPG Industries in a research note issued to investors on Sunday, April 13th. KeyCorp analyst A. Yefremov now expects that the specialty chemicals company will post earnings of $2.09 per share for the quarter, down from their prior forecast of $2.31. The consensus estimate for PPG Industries' current full-year earnings is $7.95 per share. KeyCorp also issued estimates for PPG Industries' Q4 2025 earnings at $1.70 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 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%.

PPG has been the topic of several other reports. Citigroup cut their price target on shares of PPG Industries from $135.00 to $113.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Seaport Res Ptn lowered shares of PPG Industries from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Deutsche Bank Aktiengesellschaft decreased their price target 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. StockNews.com lowered PPG Industries from a "buy" rating to a "hold" rating in a report on Monday, February 3rd. Finally, Mizuho lowered their target price on PPG Industries from $150.00 to $140.00 and set an "outperform" rating on the stock in a research note on Monday, February 3rd. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, PPG Industries has a consensus rating of "Hold" and an average price target of $132.31.

PPG Industries Stock Up 1.6 %

NYSE PPG traded up $1.58 on Tuesday, reaching $100.00. The company had a trading volume of 2,240,529 shares, compared to its average volume of 1,801,972. The company has a quick ratio of 1.13, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $22.70 billion, a P/E ratio of 21.14, a P/E/G ratio of 2.19 and a beta of 1.16. The company's fifty day moving average is $109.67 and its 200 day moving average is $118.25. PPG Industries has a 52-week low of $90.24 and a 52-week high of $137.24.

PPG Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Monday, May 12th will be issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 2.72%. PPG Industries's dividend payout ratio is presently 57.51%.

Insider Activity at PPG Industries

In other news, CEO Timothy M. Knavish sold 4,800 shares of the stock in a transaction that occurred on Friday, February 14th. The stock was 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 approximately $4,240,835.55. This represents a 11.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.33% of the stock is owned by company insiders.

Institutional Investors Weigh In On PPG Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Chicago Capital LLC purchased a new position in PPG Industries during the first quarter valued at $451,000. QRG Capital Management Inc. boosted its stake in PPG Industries by 1.4% during the first quarter. QRG Capital Management Inc. now owns 11,803 shares of the specialty chemicals company's stock worth $1,291,000 after acquiring an additional 159 shares in the last quarter. Sowell Financial Services LLC purchased a new position in shares of PPG Industries during the first quarter valued at approximately $242,000. M.E. Allison & CO. Inc. boosted its position in shares of PPG Industries by 67.6% in the 1st quarter. M.E. Allison & CO. Inc. now owns 3,460 shares of the specialty chemicals company's stock worth $378,000 after purchasing an additional 1,395 shares in the last quarter. Finally, Warther Private Wealth LLC grew its stake in shares of PPG Industries by 3.8% in the first quarter. Warther Private Wealth LLC now owns 3,090 shares of the specialty chemicals company's stock worth $338,000 after acquiring an additional 114 shares during the last quarter. 81.86% of the stock is owned by hedge funds and other institutional investors.

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.