UBS Group Issues Positive Forecast for PPG Industries (NYSE:PPG) Stock Price

PPG Industries (NYSE:PPGFree Report) had its price objective upped by UBS Group from $110.00 to $116.00 in a report issued on Thursday,MarketScreener reports. They currently have a neutral rating on the specialty chemicals company’s stock.

Several other analysts also recently weighed in on PPG. KeyCorp reiterated a “sector weight” rating on shares of PPG Industries in a research report on Thursday, January 29th. Bank of America decreased their target price on shares of PPG Industries from $118.00 to $116.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of PPG Industries in a report on Wednesday, January 28th. Wells Fargo & Company cut their price target on shares of PPG Industries from $135.00 to $130.00 and set an “overweight” rating on the stock in a report on Friday, April 10th. Finally, BNP Paribas Exane boosted their price objective on shares of PPG Industries from $115.00 to $116.00 in a research report on Thursday. Six analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $122.07.

Check Out Our Latest Stock Analysis on PPG

PPG Industries Trading Up 0.2%

NYSE PPG traded up $0.27 during trading on Thursday, hitting $108.77. 133,666 shares of the company’s stock traded hands, compared to its average volume of 2,217,817. The stock has a fifty day moving average of $109.44 and a two-hundred day moving average of $107.41. PPG Industries has a 12-month low of $93.39 and a 12-month high of $133.43. The firm has a market cap of $24.34 billion, a P/E ratio of 15.51, a PEG ratio of 1.45 and a beta of 1.16. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.22.

PPG Industries (NYSE:PPGGet Free Report) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 21.90% and a net margin of 9.83%.PPG Industries’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.72 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, sell-side analysts expect that PPG Industries will post 7.94 EPS for the current year.

PPG Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors 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 dividend yield of 2.6%. The ex-dividend date is Monday, May 11th. PPG Industries’s dividend payout ratio is currently 40.51%.

Insider Buying and Selling at PPG Industries

In related news, VP Anne M. Foulkes sold 3,594 shares of PPG Industries stock in a transaction on Friday, February 20th. The shares were sold at an average price of $124.61, for a total value of $447,848.34. Following the sale, the vice president owned 15,641 shares in the company, valued at $1,949,025.01. The trade was a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Vincent J. Morales sold 78,095 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $131.00, for a total transaction of $10,230,445.00. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 111,361 shares of company stock worth $14,387,293. 0.33% of the stock is currently owned by company insiders.

Institutional Trading of PPG Industries

Several large investors have recently bought and sold shares of PPG. Dorato Capital Management purchased a new position in shares of PPG Industries during the 4th quarter worth approximately $26,000. Quarry LP purchased a new position in shares of PPG Industries in the 3rd quarter valued at approximately $26,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of PPG Industries during the third quarter valued at approximately $26,000. Resources Management Corp CT ADV boosted its position in shares of PPG Industries by 900.0% during the fourth quarter. Resources Management Corp CT ADV now owns 250 shares of the specialty chemicals company’s stock valued at $26,000 after purchasing an additional 225 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in PPG Industries in the third quarter worth $30,000. 81.86% of the stock is owned by institutional investors.

PPG Industries News Roundup

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

  • Positive Sentiment: Q1 results beat and guidance reaffirmed — PPG reported Q1 revenue and slightly beat EPS estimates while reaffirming FY2026 EPS guidance of $7.70–$8.10; management emphasized pricing power to offset mid-single-digit COGS inflation, which supports margin resilience. Article Title
  • Positive Sentiment: Mizuho upgrade — Mizuho raised its price target to $125 and maintained an “outperform” rating, signaling stronger analyst conviction and providing upside momentum. Article Title
  • Neutral Sentiment: Other modest target raises — BNP Paribas Exane and UBS each nudged their targets up to $116 (UBS kept a “neutral” rating), and Citigroup lifted its target to $114 but stayed neutral; these moves show general analyst comfort but stop short of broad bullish upgrades. BNP Paribas UBS Citigroup
  • Neutral Sentiment: Analyst commentary and coverage — Several outlets summarized the earnings call and highlighted pricing strength and currency benefits; these reinforce the earnings message but are informational rather than catalytic. Seeking Alpha Transcript
  • Neutral Sentiment: Corporate/PR win — PPG’s IT team was named “Tech Team of the Year” by the Pittsburgh Technology Council; positive for culture/efficiency perception but unlikely to move fundamentals materially. Article Title
  • Negative Sentiment: Small JPMorgan trim — JPMorgan lowered its price target slightly to $125 from $126; it’s a minor cut but a modestly negative signal compared with the larger Mizuho upgrade. Article Title

PPG Industries Company Profile

(Get Free Report)

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.

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Analyst Recommendations for PPG Industries (NYSE:PPG)

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