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 earnings per share estimate of 7.890. The company issued revenue guidance of -.

PPG Industries Price Performance

NYSE:PPG traded up $0.46 during mid-day trading on Tuesday, reaching $118.93. 3,196,922 shares of the company were exchanged, compared to its average volume of 2,092,917. PPG Industries has a 12 month low of $93.39 and a 12 month high of $133.43. The stock has a market cap of $26.51 billion, a PE ratio of 16.97, a PEG ratio of 1.71 and a beta of 1.05. The company has a quick ratio of 1.17, a current ratio of 1.61 and a debt-to-equity ratio of 0.78. The company has a fifty day moving average of $116.08 and a 200 day moving average of $113.44.

PPG Industries (NYSE:PPG) last issued its quarterly 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. PPG Industries had a net margin of 9.83% and a return on equity of 21.68%. The business had revenue of $3.93 billion during the quarter, compared to analyst estimates of $3.85 billion. During the same quarter last year, the business posted $1.72 earnings per share. PPG Industries’s revenue for the quarter was up 6.7% compared to the same quarter last year. On average, research analysts anticipate that PPG Industries will post 7.93 EPS for the current fiscal year.

PPG Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Monday, August 10th will be given a dividend of $0.74 per share. The ex-dividend date is Monday, August 10th. This represents a $2.96 annualized dividend and a dividend yield of 2.5%. This is a positive change from PPG Industries’s previous quarterly dividend of $0.71. PPG Industries’s dividend payout ratio is presently 42.23%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on PPG shares. JPMorgan Chase & Co. cut their price target on PPG Industries from $126.00 to $125.00 in a research note on Thursday, April 30th. Weiss Ratings upgraded shares of PPG Industries from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, June 17th. UBS Group increased their target price on shares of PPG Industries from $110.00 to $116.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Wall Street Zen raised shares of PPG Industries from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Finally, The Goldman Sachs Group dropped their price objective on PPG Industries from $134.00 to $130.00 in a research note on Friday, May 1st. Seven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $126.13.

Institutional Investors Weigh In On PPG Industries

Institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its holdings in shares of PPG Industries by 9.1% in the fourth quarter. Brighton Jones LLC now owns 4,075 shares of the specialty chemicals company’s stock valued at $487,000 after purchasing an additional 339 shares in the last quarter. Certuity LLC grew its holdings in shares of PPG Industries by 15.0% during the third quarter. Certuity LLC now owns 2,927 shares of the specialty chemicals company’s stock worth $308,000 after buying an additional 382 shares in the last quarter. Evolve Private Wealth LLC acquired a new stake in PPG Industries in the 4th quarter valued at approximately $291,000. Focus Partners Advisor Solutions LLC raised its position in PPG Industries by 8.1% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 2,819 shares of the specialty chemicals company’s stock valued at $289,000 after buying an additional 211 shares during the last quarter. Finally, Insigneo Advisory Services LLC lifted its stake in PPG Industries by 4.3% in the 4th quarter. Insigneo Advisory Services LLC now owns 2,234 shares of the specialty chemicals company’s stock valued at $229,000 after acquiring an additional 92 shares in the last quarter. 81.86% of the stock is owned by 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.