Q1 Earnings Estimate for PPG Industries Issued By KeyCorp

PPG Industries, Inc. (NYSE:PPG - Free Report) - Analysts at KeyCorp issued their Q1 2025 earnings estimates for PPG Industries in a research note issued to investors on Sunday, April 13th. KeyCorp analyst A. Yefremov expects that the specialty chemicals company will earn $1.60 per share for the quarter. The consensus estimate for PPG Industries' current full-year earnings is $7.95 per share. KeyCorp also issued estimates for PPG Industries' Q3 2025 earnings at $1.97 EPS, FY2025 earnings at $7.36 EPS and FY2026 earnings at $8.34 EPS.

Several other research firms also recently weighed in on PPG. UBS Group reduced their target price on PPG Industries from $128.00 to $126.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Mizuho reduced their price target on shares of PPG Industries from $150.00 to $140.00 and set an "outperform" rating on the stock in a research report on Monday, February 3rd. Argus lowered shares of PPG Industries from a "buy" rating to a "hold" rating in a research note on Monday, March 10th. Bank of America reissued a "neutral" rating and set a $126.00 target price (down from $143.00) on shares of PPG Industries in a research note on Tuesday. Finally, Seaport Res Ptn cut PPG Industries from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $132.31.

PPG Industries Price Performance

Shares of NYSE:PPG traded up $1.58 on Wednesday, hitting $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 current ratio of 1.58, a quick ratio of 1.13 and a debt-to-equity ratio of 0.77. The company has a market cap of $22.70 billion, a PE ratio of 21.14, a PEG ratio of 2.19 and a beta of 1.16. PPG Industries has a 52-week low of $90.24 and a 52-week high of $137.24. The business has a 50 day moving average of $109.37 and a 200 day moving average of $118.04.

PPG Industries (NYSE:PPG - Get Free Report) last announced its quarterly earnings results 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%.

PPG Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Monday, May 12th will be given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 2.72%. PPG Industries's dividend payout ratio is currently 57.51%.

Insiders Place Their Bets

In related 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 transaction of $568,080.00. Following the completion of the transaction, the chief executive officer now directly owns 35,833 shares of the company's stock, valued at approximately $4,240,835.55. This represents a 11.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.33% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Mutual Advisors LLC raised its position in shares of PPG Industries by 3.6% in the fourth quarter. Mutual Advisors LLC now owns 2,666 shares of the specialty chemicals company's stock valued at $319,000 after purchasing an additional 92 shares during the period. LRI Investments LLC increased its stake in PPG Industries by 25.3% in the fourth quarter. LRI Investments LLC now owns 456 shares of the specialty chemicals company's stock valued at $54,000 after acquiring an additional 92 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in PPG Industries by 28.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 431 shares of the specialty chemicals company's stock valued at $51,000 after acquiring an additional 95 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in PPG Industries by 1.3% in the fourth quarter. Kingsview Wealth Management LLC now owns 8,288 shares of the specialty chemicals company's stock valued at $990,000 after buying an additional 103 shares in the last quarter. Finally, Sachetta LLC increased its holdings in PPG Industries by 18.4% in the 4th quarter. Sachetta LLC now owns 675 shares of the specialty chemicals company's stock worth $81,000 after purchasing an additional 105 shares in the last quarter. Institutional investors own 81.86% of the company's stock.

About PPG Industries

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.