Rep. Lloyd Doggett Purchases Shares of PPG Industries, Inc. (NYSE:PPG)

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of PPG Industries, Inc. (NYSE:PPG). In a filing disclosed on April 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in PPG Industries stock on March 12th.

Representative Lloyd Doggett also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/26/2026.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 3/10/2026.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 3/10/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 2/17/2026.

PPG Industries Trading Down 1.8%

PPG traded down $2.03 during trading on Thursday, hitting $108.44. The company’s stock had a trading volume of 212,160 shares, compared to its average volume of 2,236,436. PPG Industries, Inc. has a twelve month low of $93.39 and a twelve month high of $133.43. The company has a quick ratio of 1.22, a current ratio of 1.62 and a debt-to-equity ratio of 0.82. The stock’s fifty day moving average price is $114.31 and its 200-day moving average price is $106.70. The firm has a market capitalization of $24.27 billion, a P/E ratio of 15.62, a PEG ratio of 1.56 and a beta of 1.16.

PPG Industries (NYSE:PPG) last issued its quarterly earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($0.06). PPG Industries had a net margin of 9.93% and a return on equity of 22.30%. The business had revenue of $3.91 billion during the quarter, compared to analyst estimates of $3.77 billion. During the same period last year, the firm posted $1.61 earnings per share. PPG Industries’s quarterly 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. Analysts anticipate that PPG Industries, Inc. will post 7.95 EPS for the current year.

PPG Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Friday, February 20th were paid a $0.71 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $2.84 annualized dividend and a yield of 2.6%. PPG Industries’s payout ratio is 40.92%.

Institutional Trading of PPG Industries

A number of large investors have recently modified their holdings of the business. First Eagle Investment Management LLC lifted its holdings in shares of PPG Industries by 12.7% during the third quarter. First Eagle Investment Management LLC now owns 6,263,829 shares of the specialty chemicals company’s stock valued at $658,391,000 after purchasing an additional 703,549 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of PPG Industries by 1.5% during the third quarter. Dimensional Fund Advisors LP now owns 3,020,138 shares of the specialty chemicals company’s stock valued at $317,421,000 after purchasing an additional 43,702 shares in the last quarter. Walnut Level Capital LLC lifted its holdings in shares of PPG Industries by 46.8% during the second quarter. Walnut Level Capital LLC now owns 62,754 shares of the specialty chemicals company’s stock valued at $7,138,000 after purchasing an additional 20,000 shares in the last quarter. GAM Holding AG lifted its holdings in shares of PPG Industries by 97.5% during the third quarter. GAM Holding AG now owns 21,281 shares of the specialty chemicals company’s stock valued at $2,237,000 after purchasing an additional 10,508 shares in the last quarter. Finally, Rakuten Investment Management Inc. bought a new position in PPG Industries in the third quarter valued at about $16,245,000. Institutional investors own 81.86% of the company’s stock.

Insider Buying and Selling at PPG Industries

In other news, CFO Vincent J. Morales sold 78,095 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $131.00, for a total value of $10,230,445.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Chancey E. Hagerty sold 2,250 shares of the stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $115.59, for a total value of $260,077.50. Following the sale, the vice president owned 8,477 shares of the company’s stock, valued at $979,856.43. This represents a 20.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 118,811 shares of company stock valued at $15,219,371. 0.33% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of PPG Industries in a research note on Wednesday, January 28th. Jefferies Financial Group cut their price target on PPG Industries from $125.00 to $116.00 and set a “hold” rating for the company in a research note on Thursday, March 26th. Citigroup reiterated a “neutral” rating and set a $113.00 price target (down from $132.00) on shares of PPG Industries in a research note on Wednesday, April 1st. Wells Fargo & Company increased their price target on PPG Industries from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Finally, JPMorgan Chase & Co. increased their price target on PPG Industries from $117.00 to $126.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $120.50.

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

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.