Sanctuary Advisors LLC Sells 5,050 Shares of PPG Industries, Inc. $PPG

Sanctuary Advisors LLC lessened its holdings in PPG Industries, Inc. (NYSE:PPG) by 23.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,521 shares of the specialty chemicals company’s stock after selling 5,050 shares during the period. Sanctuary Advisors LLC’s holdings in PPG Industries were worth $1,693,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Dorato Capital Management bought a new position in shares of PPG Industries in the 4th quarter worth approximately $26,000. Quarry LP bought a new position in shares of PPG Industries in the 3rd quarter worth approximately $26,000. Steigerwald Gordon & Koch Inc. bought a new position in shares of PPG Industries in the 3rd quarter worth approximately $26,000. Root Financial Partners LLC bought a new position in shares of PPG Industries in the 3rd quarter worth approximately $30,000. Finally, Quent Capital LLC bought a new position in shares of PPG Industries in the 3rd quarter worth approximately $57,000. Institutional investors own 81.86% of the company’s stock.

PPG Industries Trading Up 0.0%

PPG Industries stock opened at $107.52 on Monday. The firm has a 50 day moving average of $109.44 and a 200 day moving average of $107.52. The firm has a market capitalization of $23.97 billion, a price-to-earnings ratio of 15.34, a P/E/G ratio of 1.60 and a beta of 1.06. PPG Industries, Inc. has a 12-month low of $93.39 and a 12-month high of $133.43. The company has a current ratio of 1.61, a quick ratio of 1.17 and a debt-to-equity ratio of 0.78.

PPG Industries (NYSE:PPG) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.05. The company had revenue of $3.93 billion during the quarter, compared to analyst estimates of $3.85 billion. PPG Industries had a net margin of 9.83% and a return on equity of 21.68%. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.72 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, research analysts predict that PPG Industries, Inc. will post 7.9 earnings per share for the current year.

PPG Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, May 11th will be issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, May 11th. PPG Industries’s dividend payout ratio (DPR) is 40.51%.

Insider Buying and Selling

In other PPG Industries news, CFO Vincent J. Morales sold 78,095 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $131.00, for a total transaction of $10,230,445.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Anne M. Foulkes sold 3,594 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $124.61, for a total transaction of $447,848.34. Following the sale, the vice president directly owned 15,641 shares of the company’s stock, valued at approximately $1,949,025.01. This trade represents a 18.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 111,361 shares of company stock valued at $14,387,293. Insiders own 0.33% of the company’s stock.

Key Stories Impacting PPG Industries

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

• Positive Sentiment: PPG beat Q1 estimates and reaffirmed FY‑2026 guidance ($7.70–$8.10 EPS); management highlighted pricing power and sales growth, which supports longer‑term earnings expectations. Earnings Highlights
• Positive Sentiment: Mizuho raised its price target to $125 and kept an “outperform” rating — a material upward revision that signals analyst confidence in PPG’s recovery and supports upside sentiment. Mizuho PT Raise
• Neutral Sentiment: BNP Paribas nudged its target to $116 — a modest upgrade that marginally raises consensus valuation but is not a major change to the market narrative. BNP PT Raise
• Neutral Sentiment: UBS increased its price target to $116 while maintaining a “neutral” rating — another small lift but still a neutral stance from a large shop. UBS PT Raise
• Neutral Sentiment: Citigroup slightly raised its target to $114 and kept a neutral rating — consistent with a cautious tone despite the beat. Citigroup PT Raise
• Neutral Sentiment: PPG’s IT team received recognition as “Tech Team of the Year,” which is positive for operational capability but unlikely to move near‑term valuation materially. IT Team Award
• Negative Sentiment: Autobody reporting highlighted a decline in the refinish segment driven by distributor destocking — an operational headwind that trimmed segment revenue and likely pressured near‑term margin visibility. Refinish Decline
• Negative Sentiment: JPMorgan trimmed its target slightly to $125 (from $126) — a small negative signal relative to some larger upward revisions and a reminder of differing analyst views on upside. JPMorgan PT Trim

Wall Street Analysts Forecast Growth

PPG has been the topic of several recent research reports. Jefferies Financial Group lowered their price objective on shares of PPG Industries from $125.00 to $116.00 and set a “hold” rating on the stock in a research note on Thursday, March 26th. Citigroup increased their target price on shares of PPG Industries from $113.00 to $114.00 and gave the stock a “neutral” rating in a report on Thursday. KeyCorp reissued a “sector weight” rating on shares of PPG Industries in a report on Thursday, January 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of PPG Industries in a report on Wednesday, January 28th. Finally, Mizuho increased their target price on shares of PPG Industries from $115.00 to $125.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Six investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $121.79.

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.