PPG Industries, Inc. (NYSE:PPG - Free Report) - Equities research analysts at Zacks Research reduced their Q1 2025 earnings per share (EPS) estimates for shares of PPG Industries in a research report issued on Wednesday, February 12th. Zacks Research analyst R. Department now forecasts that the specialty chemicals company will post earnings of $1.62 per share for the quarter, down from their previous forecast of $1.84. The consensus estimate for PPG Industries' current full-year earnings is $7.96 per share. Zacks Research also issued estimates for PPG Industries' Q2 2025 earnings at $2.24 EPS, Q4 2025 earnings at $1.80 EPS, FY2025 earnings at $7.95 EPS, Q1 2026 earnings at $2.03 EPS, Q3 2026 earnings at $2.31 EPS, Q4 2026 earnings at $1.90 EPS, FY2026 earnings at $9.01 EPS and FY2027 earnings at $9.72 EPS.
PPG has been the subject of several other research reports. Royal Bank of Canada decreased their price objective on PPG Industries from $128.00 to $120.00 and set a "sector perform" rating for the company in a report on Tuesday, February 4th. KeyCorp cut PPG Industries from a "strong-buy" rating to a "hold" rating in a report on Monday, December 16th. Citigroup reduced their price target on PPG Industries from $150.00 to $145.00 and set a "buy" rating for the company in a report on Wednesday, December 18th. JPMorgan Chase & Co. cut PPG Industries from an "overweight" rating to a "neutral" rating and reduced their price target for the stock from $145.00 to $115.00 in a report on Wednesday, February 12th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and issued a $155.00 price target (down previously from $160.00) on shares of PPG Industries in a report on Monday, October 21st. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $138.15.
Check Out Our Latest Stock Analysis on PPG
PPG Industries Stock Performance
Shares of PPG stock traded up $1.51 on Friday, hitting $119.26. The company had a trading volume of 1,550,166 shares, compared to its average volume of 2,120,747. The firm has a market cap of $27.67 billion, a P/E ratio of 25.21, a price-to-earnings-growth ratio of 1.97 and a beta of 1.23. The company has a 50-day moving average price of $118.84 and a 200-day moving average price of $123.36. The company has a quick ratio of 1.13, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. PPG Industries has a twelve month low of $110.20 and a twelve month high of $145.60.
PPG Industries (NYSE:PPG - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $1.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.65 by ($0.04). PPG Industries had a net margin of 6.41% and a return on equity of 23.78%.
Institutional Investors Weigh In On PPG Industries
A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of PPG Industries by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 29,369,691 shares of the specialty chemicals company's stock valued at $3,508,210,000 after purchasing an additional 756,937 shares in the last quarter. State Street Corp grew its position in PPG Industries by 4.4% in the third quarter. State Street Corp now owns 11,717,499 shares of the specialty chemicals company's stock worth $1,552,100,000 after acquiring an additional 491,774 shares during the period. Wellington Management Group LLP grew its position in PPG Industries by 17.7% in the fourth quarter. Wellington Management Group LLP now owns 10,567,051 shares of the specialty chemicals company's stock worth $1,262,234,000 after acquiring an additional 1,590,041 shares during the period. Geode Capital Management LLC grew its position in PPG Industries by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 5,546,472 shares of the specialty chemicals company's stock worth $660,752,000 after acquiring an additional 93,455 shares during the period. Finally, Invesco Ltd. grew its position in PPG Industries by 6.1% in the fourth quarter. Invesco Ltd. now owns 4,726,630 shares of the specialty chemicals company's stock worth $564,596,000 after acquiring an additional 271,699 shares during the period. 81.86% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In other news, CEO Timothy M. Knavish sold 4,800 shares of the company's 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 sale, the chief executive officer now directly owns 35,833 shares in the company, valued at $4,240,835.55. This represents a 11.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.55% of the company's stock.
PPG Industries Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 21st will be given a $0.68 dividend. The ex-dividend date is Friday, February 21st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.28%. PPG Industries's dividend payout ratio (DPR) is presently 57.51%.
PPG Industries Company Profile
(
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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.
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