BNP Paribas Exane Issues Positive Forecast for PPG Industries (NYSE:PPG) Stock Price

Key Points

• BNP Paribas Exane raised its price target on PPG to $116, implying about a 6.26% upside, while the analyst consensus remains a Hold with an average target of $122.07 (six Buys, eleven Holds).
• Q1 beat: PPG reported EPS of $1.83 vs. $1.78 expected and revenue of $3.93B vs. $3.85B, and set FY2026 guidance of $7.70–$8.10 EPS (analysts average 7.94).
• Insider selling has been notable—111,361 shares (~$14.39M) sold in the last 90 days, including a large sale by the CFO, leaving insiders with just 0.33% ownership.

PPG Industries (NYSE:PPG - Get Free Report) had its price objective boosted by research analysts at BNP Paribas Exane from $115.00 to $116.00 in a report issued on Thursday,MarketScreener reports. BNP Paribas Exane's target price would indicate a potential upside of 6.26% from the stock's previous close.

A number of other equities research analysts also recently weighed in on PPG. Jefferies Financial Group lowered their target price on PPG Industries from $125.00 to $116.00 and set a "hold" rating for the company in a report on Thursday, March 26th. Evercore boosted their price objective on PPG Industries from $112.00 to $128.00 in a report on Wednesday, February 18th. Royal Bank Of Canada boosted their price objective on PPG Industries from $114.00 to $119.00 and gave the company a "sector perform" rating in a report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft boosted their price objective on PPG Industries from $120.00 to $130.00 in a report on Friday, March 27th. Finally, JPMorgan Chase & Co. boosted their price objective on PPG Industries from $117.00 to $126.00 and gave the company an "overweight" rating in a report on Thursday, January 29th. Six research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $122.07.

PPG Industries Trading Up 0.6%

Shares of PPG traded up $0.67 during mid-day trading on Thursday, reaching $109.17. 55,179 shares of the company were exchanged, compared to its average volume of 2,216,957. PPG Industries has a 52 week low of $93.39 and a 52 week high of $133.43. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.22 and a current ratio of 1.61. The stock has a market capitalization of $24.43 billion, a PE ratio of 15.56, a PEG ratio of 1.45 and a beta of 1.16. The business has a 50 day simple moving average of $109.44 and a two-hundred day simple moving average of $107.41.

PPG Industries (NYSE:PPG - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.78 by $0.05. PPG Industries had a return on equity of 21.90% and a net margin of 9.83%.The company had revenue of $3.93 billion during the quarter, compared to the consensus estimate of $3.85 billion. During the same period last year, the company earned $1.72 earnings per share. The firm's revenue was up 6.7% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, analysts predict that PPG Industries will post 7.94 earnings per share for the current fiscal year.

Insider Activity at PPG Industries

In other PPG Industries news, CFO Vincent J. Morales sold 78,095 shares of the business's stock in a transaction on 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 legal filing with the SEC, which is available at this link. Also, VP Anne M. Foulkes sold 3,594 shares of the business's stock in a transaction on Friday, February 20th. The stock was sold at an average price of $124.61, for a total value of $447,848.34. Following the completion of the transaction, the vice president directly owned 15,641 shares in the company, valued at approximately $1,949,025.01. This represents a 18.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 111,361 shares of company stock worth $14,387,293. 0.33% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC raised its stake 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 buying an additional 339 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of PPG Industries by 31.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,849 shares of the specialty chemicals company's stock valued at $421,000 after purchasing an additional 920 shares during the period. Empowered Funds LLC raised its stake in shares of PPG Industries by 6.1% during the 1st quarter. Empowered Funds LLC now owns 26,354 shares of the specialty chemicals company's stock valued at $2,882,000 after purchasing an additional 1,526 shares during the period. Woodline Partners LP raised its stake in shares of PPG Industries by 40.7% during the 1st quarter. Woodline Partners LP now owns 19,600 shares of the specialty chemicals company's stock valued at $2,143,000 after purchasing an additional 5,667 shares during the period. Finally, Cresset Asset Management LLC raised its stake in shares of PPG Industries by 6.2% during the 2nd quarter. Cresset Asset Management LLC now owns 6,346 shares of the specialty chemicals company's stock valued at $722,000 after purchasing an additional 371 shares during the period. Hedge funds and other institutional investors own 81.86% of the company's stock.

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.

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