Cantor Fitzgerald Investment Advisors L.P. Acquires 49,080 Shares of PPG Industries, Inc. $PPG

Key Points

• Cantor Fitzgerald Investment Advisors increased its PPG stake by 60%, buying 49,080 shares in Q4 and now owns 130,927 shares worth about $13.42 million (≈0.06% of the company).
• Significant insider selling has occurred recently: CFO Vincent Morales sold 78,095 shares (≈$10.23M) and insiders have sold 118,811 shares totaling about $15.22M over the past three months, leaving insiders with roughly 0.33% ownership.
• PPG missed Q4 EPS at $1.51 versus $1.57 expected but beat revenue at $3.91B; the company set FY2026 guidance of $7.70–$8.10 EPS and pays a $0.71 quarterly dividend (≈2.6% yield).

Cantor Fitzgerald Investment Advisors L.P. grew its position in shares of PPG Industries, Inc. (NYSE:PPG - Free Report) by 60.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 130,927 shares of the specialty chemicals company's stock after acquiring an additional 49,080 shares during the quarter. Cantor Fitzgerald Investment Advisors L.P. owned 0.06% of PPG Industries worth $13,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Applied Capital LLC FL boosted its holdings in PPG Industries by 1.5% during the 4th quarter. Applied Capital LLC FL now owns 6,406 shares of the specialty chemicals company's stock worth $656,000 after acquiring an additional 95 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in PPG Industries by 6.6% during the 2nd quarter. Lazard Asset Management LLC now owns 1,576 shares of the specialty chemicals company's stock worth $179,000 after acquiring an additional 97 shares during the last quarter. Waller Financial Planning Group Inc. boosted its holdings in PPG Industries by 0.8% during the 4th quarter. Waller Financial Planning Group Inc. now owns 12,764 shares of the specialty chemicals company's stock worth $1,308,000 after acquiring an additional 100 shares during the last quarter. G&S Capital LLC boosted its holdings in PPG Industries by 1.9% during the 3rd quarter. G&S Capital LLC now owns 5,620 shares of the specialty chemicals company's stock worth $591,000 after acquiring an additional 104 shares during the last quarter. Finally, New Wave Wealth Advisors LLC boosted its holdings in PPG Industries by 5.1% during the 4th quarter. New Wave Wealth Advisors LLC now owns 2,182 shares of the specialty chemicals company's stock worth $224,000 after acquiring an additional 105 shares during the last quarter. 81.86% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at PPG Industries

In other PPG Industries news, CFO Vincent J. Morales sold 78,095 shares of the company's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $131.00, for a total transaction of $10,230,445.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Anne M. Foulkes sold 3,594 shares of the company's stock in a transaction dated 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 approximately $1,949,025.01. This represents a 18.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 118,811 shares of company stock valued at $15,219,371 over the last three months. 0.33% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. KeyCorp reaffirmed a "sector weight" rating on shares of PPG Industries in a report on Thursday, January 29th. BNP Paribas Exane cut their price objective on shares of PPG Industries from $113.00 to $112.00 and set a "neutral" rating on the stock in a report on Wednesday, January 14th. Weiss Ratings reissued a "hold (c-)" rating on shares of PPG Industries in a report on Wednesday, January 28th. Citigroup reissued a "neutral" rating and issued a $113.00 price target (down from $132.00) on shares of PPG Industries in a report on Wednesday, April 1st. Finally, Zacks Research raised shares of PPG Industries from a "strong sell" rating to a "hold" rating in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have given a Hold rating to the company's stock. According to MarketBeat.com, PPG Industries presently has a consensus rating of "Hold" and an average target price of $120.14.

PPG Industries Price Performance

Shares of NYSE:PPG opened at $110.39 on Friday. The company's 50-day moving average is $114.07 and its 200 day moving average is $106.73. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.22 and a current ratio of 1.62. The company has a market capitalization of $24.71 billion, a P/E ratio of 15.91, a price-to-earnings-growth ratio of 1.66 and a beta of 1.16. PPG Industries, Inc. has a fifty-two week low of $93.39 and a fifty-two week high of $133.43.

PPG Industries (NYSE:PPG - Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The specialty chemicals company reported $1.51 EPS for the quarter, missing the consensus estimate of $1.57 by ($0.06). The business had revenue of $3.91 billion for the quarter, compared to analysts' expectations of $3.77 billion. PPG Industries had a net margin of 9.93% and a return on equity of 22.30%. PPG Industries's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the company earned $1.61 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, equities research analysts forecast that PPG Industries, Inc. will post 7.95 earnings per share for the current year.

PPG Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Friday, February 20th were issued a dividend of $0.71 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a $2.84 annualized dividend and a yield of 2.6%. PPG Industries's dividend payout ratio is 40.92%.

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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