PPG Industries (NYSE:PPG) Issues FY 2026 Earnings Guidance

PPG Industries (NYSE:PPG) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 7.700-8.100 for the period, compared to the consensus estimate of 8.060. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of PPG Industries in a research report on Friday, October 31st. Wells Fargo & Company reduced their target price on PPG Industries from $132.00 to $130.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Mizuho decreased their target price on PPG Industries from $135.00 to $125.00 and set an “outperform” rating for the company in a research report on Friday, October 3rd. Zacks Research upgraded PPG Industries from a “strong sell” rating to a “hold” rating in a report on Friday. Finally, Evercore ISI decreased their price objective on PPG Industries from $145.00 to $112.00 and set an “in-line” rating for the company in a report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $120.86.

PPG Industries Stock Down 2.0%

PPG traded down $2.28 during mid-day trading on Tuesday, reaching $110.37. 2,869,135 shares of the stock were exchanged, compared to its average volume of 1,767,899. PPG Industries has a 1 year low of $90.24 and a 1 year high of $124.54. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.08 and a current ratio of 1.47. The stock has a market capitalization of $24.77 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 3.34 and a beta of 1.17. The company has a 50 day moving average price of $103.68 and a two-hundred day moving average price of $105.50.

PPG Industries (NYSE:PPG) last announced its quarterly earnings data on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.60 by ($0.09). PPG Industries had a net margin of 6.35% and a return on equity of 23.61%. The business’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.61 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, research analysts anticipate that PPG Industries will post 7.95 EPS for the current year.

PPG Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 20th will be given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Friday, February 20th. PPG Industries’s payout ratio is 64.40%.

Insider Activity

In related news, CFO Vincent J. Morales sold 5,200 shares of PPG Industries stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $110.00, for a total transaction of $572,000.00. Following the completion of the sale, the chief financial officer owned 28,439 shares of the company’s stock, valued at approximately $3,128,290. This trade represents a 15.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.33% of the company’s stock.

Key PPG Industries News

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

• Positive Sentiment: Revenue beat and top-line growth — Q4 sales rose about 5% to ~$3.91B, driven by higher prices and volume, showing demand resilience in coatings. PPG Industries (PPG) Releases Q4 2025 Earnings: Revenue Beats but EPS Miss
• Positive Sentiment: Strong cash generation and balance-sheet improvement — operating cash flow jumped and cash balances increased while total liabilities declined, which supports capital allocation flexibility. PPG Industries (PPG) Releases Q4 2025 Earnings: Revenue Beats but EPS Miss
• Positive Sentiment: New commercial win — PPG was named sole supplier of refinish coatings to Quality Collision Group (95+ locations), supporting aftermarket growth and recurring revenue opportunities. PPG named sole supplier of coatings for Quality Collision Group body shops
• Neutral Sentiment: Analyst coverage and targets remain mixed but generally constructive, with a median target near $118.5 — provides context for upside if margins recover. PPG Industries (PPG) Releases Q4 2025 Earnings: Revenue Beats but EPS Miss
• Neutral Sentiment: Dividend/quality positioning — PPG appears in dividend‑focused coverage lists, which may support investor interest but is not an immediate catalyst. 3 Top Dividend Aristocrats for 2026
• Negative Sentiment: EPS miss — reported Q4 EPS missed consensus (company reported ~$1.51 vs. estimates around $1.57–$1.60), signaling near‑term margin pressure. PPG Industries (PPG) Q4 Earnings Miss Estimates
• Negative Sentiment: FY‑2026 EPS guidance trimmed vs. consensus — company set FY26 EPS guidance of 7.700–8.100, slightly below the Street consensus (~8.06), which pressured the stock.
• Negative Sentiment: Profitability deterioration — operating profit and reported net income were down year‑over‑year (Quiver flagged a notable drop in operating profit and net income), underscoring margin headwinds that need addressing. PPG Industries (PPG) Releases Q4 2025 Earnings: Revenue Beats but EPS Miss
• Negative Sentiment: Insider selling noted (CFO sale disclosed) — a minor signal some investors may watch for sentiment implications. PPG Industries (PPG) Releases Q4 2025 Earnings: Revenue Beats but EPS Miss

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in PPG. Brighton Jones LLC raised its stake in shares of PPG Industries by 9.1% during the fourth quarter. Brighton Jones LLC now owns 4,075 shares of the specialty chemicals company’s stock valued at $487,000 after acquiring an additional 339 shares during the last quarter. Lazard Asset Management LLC lifted its holdings in PPG Industries by 6.6% in the 2nd quarter. Lazard Asset Management LLC now owns 1,576 shares of the specialty chemicals company’s stock worth $179,000 after buying an additional 97 shares during the period. ICONIQ Capital LLC bought a new stake in shares of PPG Industries in the 2nd quarter worth approximately $253,000. EP Wealth Advisors LLC raised its holdings in shares of PPG Industries by 10.8% during the second quarter. EP Wealth Advisors LLC now owns 3,379 shares of the specialty chemicals company’s stock valued at $384,000 after acquiring an additional 330 shares in the last quarter. Finally, Bayesian Capital Management LP purchased a new stake in PPG Industries in the second quarter worth $218,000. 81.86% of the stock is owned by hedge funds and other institutional investors.

PPG Industries Company Profile

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.