PPG Industries (NYSE:PPG) Given New $126.00 Price Target at JPMorgan Chase & Co.

PPG Industries (NYSE:PPG) had its price objective raised by equities research analysts at JPMorgan Chase & Co. from $117.00 to $126.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the specialty chemicals company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 8.58% from the company’s previous close.

Several other brokerages have also recently weighed in on PPG. Royal Bank Of Canada increased their price target on PPG Industries from $109.00 to $115.00 and gave the company a “sector perform” rating in a research note on Thursday. Wells Fargo & Company upped their price objective on shares of PPG Industries from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday. Zacks Research upgraded shares of PPG Industries from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Berenberg Bank decreased their price target on PPG Industries from $131.00 to $110.00 and set a “hold” rating for the company in a report on Thursday, December 4th. Finally, UBS Group cut their target price on PPG Industries from $115.00 to $110.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $123.33.

PPG Industries Stock Performance

NYSE:PPG traded up $2.08 during mid-day trading on Thursday, hitting $116.04. 1,258,153 shares of the stock were exchanged, compared to its average volume of 2,250,837. 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 firm’s 50-day simple moving average is $104.38 and its 200 day simple moving average is $105.51. PPG Industries has a fifty-two week low of $90.24 and a fifty-two week high of $123.30. The stock has a market capitalization of $26.04 billion, a price-to-earnings ratio of 26.26, a price-to-earnings-growth ratio of 3.23 and a beta of 1.17.

PPG Industries (NYSE:PPG) last announced its earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.06). PPG Industries had a net margin of 9.93% and a return on equity of 22.67%. The business had revenue of $3.91 billion during the quarter, compared to the consensus estimate of $3.77 billion. During the same period in the previous year, the firm posted $1.61 EPS. The company’s revenue was up 5.0% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, equities analysts anticipate that PPG Industries will post 7.95 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Vincent J. Morales sold 5,200 shares of PPG Industries stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $110.00, for a total transaction of $572,000.00. Following the transaction, the chief financial officer owned 28,439 shares in the company, valued at $3,128,290. This trade represents a 15.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.33% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Capital Advisors Ltd. LLC increased its stake in shares of PPG Industries by 127.6% in the second quarter. Capital Advisors Ltd. LLC now owns 223 shares of the specialty chemicals company’s stock worth $25,000 after acquiring an additional 125 shares during the period. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of PPG Industries during the 3rd quarter valued at approximately $26,000. Dorato Capital Management purchased a new stake in shares of PPG Industries in the 4th quarter valued at approximately $26,000. Quarry LP acquired a new position in PPG Industries during the 3rd quarter worth about $26,000. Finally, Root Financial Partners LLC purchased a new stake in PPG Industries during the 3rd quarter worth approximately $30,000. Hedge funds and other institutional investors own 81.86% of the company’s stock.

PPG Industries News Roundup

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

• Positive Sentiment: Multiple analyst upgrades and higher price targets support upside potential — Wells Fargo raised its target to $135 and kept an “overweight” rating (big upside vs. the current price), and Mizuho raised its target to $125 with an “outperform” rating. Article Title
• Positive Sentiment: Revenue beat and sales growth: PPG reported Q4 revenue of $3.91B, up ~5% year‑over‑year and ahead of estimates — a sign demand/pricing held up across coating segments. Article Title
• Positive Sentiment: Cash flow strength: operating cash from operations rose sharply y/y (reported ~ $685M), which supports balance sheet flexibility and buybacks/dividends. Article Title
• Neutral Sentiment: Analyst coverage & education pieces (Zacks, Seeking Alpha) discuss PPG as a value/earnings‑setup name; useful context for long‑term investors but not immediate catalysts. Article Title
• Neutral Sentiment: Company materials: the Q4 earnings call transcript and slide deck are available for deeper read on segment detail and management commentary. Article Title
• Negative Sentiment: EPS miss and weaker profitability metrics: Q4 EPS missed consensus ($1.51 reported vs. $1.57 expected) and disclosure of lower operating profit / net income pressures sentiment. Article Title
• Negative Sentiment: FY‑2026 guidance came in at $7.70–$8.10 EPS, slightly below the Street (~8.06), which tempers near‑term upside and explains some analyst caution. Article Title
• Negative Sentiment: Regional/market softness flagged by management (soft European and industrial markets) and press coverage amplified downside risk for cyclically sensitive end markets. Article Title
• Negative Sentiment: RBC raised its target to $115 but kept a “sector perform” rating — the target sits at/just below the current price, signaling limited near‑term upside from that shop. Article Title

About PPG Industries

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.