Brokers Offer Predictions for PPG Industries FY2025 Earnings

Key Points

• Zacks Research has raised its FY2025 earnings per share estimate for PPG Industries to $7.80, slightly up from its previous estimate of $7.79, while the consensus estimate stands at $7.95.
• PPG Industries reported quarterly earnings of $2.22 EPS, matching analysts' expectations, but its revenue declined by 0.9% year over year, totaling $4.20 billion.
• The company has recently increased its quarterly dividend from $0.68 to $0.71 per share, indicating a commitment to returning value to shareholders.

PPG Industries, Inc. (NYSE:PPG - Free Report) - Equities researchers at Zacks Research raised their FY2025 earnings per share estimates for shares of PPG Industries in a research report issued on Monday, August 11th. Zacks Research analyst R. Department now forecasts that the specialty chemicals company will post earnings of $7.80 per share for the year, up from their prior estimate of $7.79. The consensus estimate for PPG Industries' current full-year earnings is $7.95 per share. Zacks Research also issued estimates for PPG Industries' Q1 2026 earnings at $1.90 EPS, Q3 2026 earnings at $2.06 EPS, Q4 2026 earnings at $2.03 EPS, FY2026 earnings at $8.38 EPS and Q2 2027 earnings at $2.72 EPS.

PPG Industries (NYSE:PPG - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The specialty chemicals company reported $2.22 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $2.22. PPG Industries had a return on equity of 23.85% and a net margin of 6.25%. The business had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.16 billion. During the same quarter in the previous year, the company posted $2.50 EPS. The company's revenue was down .9% compared to the same quarter last year.

Other research analysts have also recently issued reports about the stock. Fermium Researc upgraded shares of PPG Industries to a "strong-buy" rating in a report on Thursday, May 1st. UBS Group upped their target price on shares of PPG Industries from $111.00 to $125.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 9th. JPMorgan Chase & Co. decreased their price target on shares of PPG Industries from $115.00 to $105.00 and set a "neutral" rating for the company in a research note on Thursday, May 1st. Deutsche Bank Aktiengesellschaft boosted their price target on PPG Industries from $125.00 to $140.00 and gave the company a "buy" rating in a report on Monday, May 12th. Finally, Royal Bank Of Canada increased their price objective on PPG Industries from $115.00 to $117.00 and gave the stock a "sector perform" rating in a research note on Friday, August 1st. Nine research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $129.82.

PPG Industries Stock Up 2.1%

Shares of NYSE:PPG opened at $108.73 on Wednesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.42 and a quick ratio of 1.04. The business has a 50 day simple moving average of $112.43 and a two-hundred day simple moving average of $111.01. PPG Industries has a 1 year low of $90.24 and a 1 year high of $137.24. The firm has a market capitalization of $24.54 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 2.20 and a beta of 1.17.

Hedge Funds Weigh In On PPG Industries

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in PPG Industries by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 29,265,369 shares of the specialty chemicals company's stock valued at $3,328,936,000 after purchasing an additional 192,560 shares during the last quarter. Wellington Management Group LLP boosted its position in PPG Industries by 5.6% in the first quarter. Wellington Management Group LLP now owns 11,159,203 shares of the specialty chemicals company's stock valued at $1,220,259,000 after buying an additional 592,152 shares during the last quarter. First Eagle Investment Management LLC increased its holdings in PPG Industries by 21.2% in the 2nd quarter. First Eagle Investment Management LLC now owns 5,560,280 shares of the specialty chemicals company's stock worth $632,482,000 after buying an additional 971,799 shares during the period. Price T Rowe Associates Inc. MD raised its position in PPG Industries by 58.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,797,682 shares of the specialty chemicals company's stock worth $524,627,000 after buying an additional 1,766,518 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC raised its position in PPG Industries by 482.2% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,337,649 shares of the specialty chemicals company's stock worth $518,132,000 after buying an additional 3,592,655 shares during the last quarter. 81.86% of the stock is owned by institutional investors and hedge funds.

PPG Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Monday, August 11th will be paid a dividend of $0.71 per share. The ex-dividend date is Monday, August 11th. This is an increase from PPG Industries's previous quarterly dividend of $0.68. This represents a $2.84 annualized dividend and a dividend yield of 2.6%. PPG Industries's payout ratio is presently 64.40%.

PPG Industries Company Profile

PPG Industries, Inc manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft.

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