ASR Vermogensbeheer N.V. Purchases 22,002 Shares of PPG Industries, Inc. $PPG

Key Points

• ASR Vermogensbeheer increased its stake in PPG by 7.0%, buying 22,002 shares to hold 337,702 shares (about 0.15% of the company) valued at roughly $34.6 million.
• Corporate insiders disclosed significant sales—VP Anne M. Foulkes sold 3,594 shares (~$447,848) and CFO Vincent J. Morales sold 78,095 shares (~$10.23 million)—with insiders now owning 0.33% of PPG.
• PPG beat quarterly estimates with $1.83 EPS and $3.93B in revenue, set FY2026 guidance of $7.70–$8.10 EPS, and announced a $0.71 quarterly dividend ($2.84 annual, ~2.6% yield).

ASR Vermogensbeheer N.V. boosted its position in PPG Industries, Inc. (NYSE:PPG - Free Report) by 7.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 337,702 shares of the specialty chemicals company's stock after purchasing an additional 22,002 shares during the period. ASR Vermogensbeheer N.V. owned about 0.15% of PPG Industries worth $34,599,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in 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 acquiring an additional 339 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in PPG Industries by 31.4% in the first quarter. Integrated Wealth Concepts LLC now owns 3,849 shares of the specialty chemicals company's stock valued at $421,000 after acquiring an additional 920 shares during the last quarter. Empowered Funds LLC boosted its stake in PPG Industries by 6.1% in the first quarter. Empowered Funds LLC now owns 26,354 shares of the specialty chemicals company's stock valued at $2,882,000 after acquiring an additional 1,526 shares during the last quarter. Woodline Partners LP boosted its stake in PPG Industries by 40.7% in the first quarter. Woodline Partners LP now owns 19,600 shares of the specialty chemicals company's stock valued at $2,143,000 after acquiring an additional 5,667 shares during the last quarter. Finally, Cresset Asset Management LLC boosted its stake in PPG Industries by 6.2% in the second quarter. Cresset Asset Management LLC now owns 6,346 shares of the specialty chemicals company's stock valued at $722,000 after acquiring an additional 371 shares during the last quarter. 81.86% of the stock is owned by institutional investors.

Insider Activity at PPG Industries

In other PPG Industries news, VP Anne M. Foulkes sold 3,594 shares of the stock in a transaction that occurred 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 directly owned 15,641 shares in the company, valued at $1,949,025.01. This represents a 18.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Vincent J. Morales sold 78,095 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $131.00, for a total transaction of $10,230,445.00. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.33% of the company's stock.

PPG Industries Stock Performance

Shares of PPG stock opened at $109.05 on Friday. The stock has a market capitalization of $24.31 billion, a P/E ratio of 15.56, a PEG ratio of 1.63 and a beta of 1.06. The company has a current ratio of 1.61, a quick ratio of 1.17 and a debt-to-equity ratio of 0.78. The firm's 50 day moving average is $108.44 and its 200 day moving average is $107.70. PPG Industries, Inc. has a 12 month low of $93.39 and a 12 month high of $133.43.

PPG Industries (NYSE:PPG - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $1.83 EPS for the quarter, beating analysts' consensus estimates of $1.78 by $0.05. The company had revenue of $3.93 billion for the quarter, compared to analysts' expectations of $3.85 billion. PPG Industries had a net margin of 9.83% and a return on equity of 21.68%. PPG Industries's revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.72 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, sell-side analysts anticipate that PPG Industries, Inc. will post 7.92 earnings per share for the current year.

PPG Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, May 11th will be paid a $0.71 dividend. The ex-dividend date is Monday, May 11th. This represents a $2.84 annualized dividend and a yield of 2.6%. PPG Industries's dividend payout ratio is currently 40.51%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on PPG. The Goldman Sachs Group dropped their target price on shares of PPG Industries from $134.00 to $130.00 in a research note on Friday, May 1st. BNP Paribas Exane boosted their target price on shares of PPG Industries from $115.00 to $116.00 in a research note on Thursday, April 30th. KeyCorp reiterated a "sector weight" rating on shares of PPG Industries in a research note on Thursday, January 29th. Mizuho boosted their target price on shares of PPG Industries from $115.00 to $125.00 and gave the company an "outperform" rating in a research note on Wednesday, April 29th. Finally, Citigroup boosted their target price on shares of PPG Industries from $113.00 to $114.00 and gave the company a "neutral" rating in a research note on Thursday, April 30th. Six research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, PPG Industries presently has an average rating of "Hold" and a consensus target price of $121.79.

PPG Industries 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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