PFA Pension Forsikringsaktieselskab Buys Shares of 642,459 PPG Industries, Inc. $PPG

Key Points

• PFA Pension Forsikringsaktieselskab bought a new stake of 642,459 PPG shares (~$66.61 million), representing roughly 0.29% ownership in the company per its latest 13F filing.
• PPG beat Q1 EPS and revenue expectations and reaffirmed FY‑2026 guidance of $7.70–$8.10 EPS; analysts remain mixed with a consensus "Hold" and a $121.79 target, though some firms (e.g., Sanford Bernstein) raised targets as high as $130.
• Company insiders have been net sellers recently — the CFO sold 78,095 shares at about $131 and insiders disposed of 111,361 shares (~$14.39 million) in the last 90 days — while institutional investors own about 81.86% of the stock.

PFA Pension Forsikringsaktieselskab bought a new stake in PPG Industries, Inc. (NYSE:PPG - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 642,459 shares of the specialty chemicals company's stock, valued at approximately $66,610,000. PFA Pension Forsikringsaktieselskab owned approximately 0.29% of PPG Industries as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Whittier Trust Co. boosted its stake in PPG Industries by 1.4% in the fourth quarter. Whittier Trust Co. now owns 6,658 shares of the specialty chemicals company's stock valued at $703,000 after acquiring an additional 89 shares in the last quarter. Applied Capital LLC FL raised its stake in PPG Industries by 1.5% in the fourth quarter. Applied Capital LLC FL now owns 6,406 shares of the specialty chemicals company's stock valued at $656,000 after buying an additional 95 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in PPG Industries by 1.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 5,313 shares of the specialty chemicals company's stock valued at $544,000 after buying an additional 95 shares during the last quarter. Lazard Asset Management LLC raised its stake in PPG Industries by 6.6% in the second quarter. Lazard Asset Management LLC now owns 1,576 shares of the specialty chemicals company's stock valued at $179,000 after buying an additional 97 shares during the last quarter. Finally, Waller Financial Planning Group Inc. raised its stake in PPG Industries by 0.8% in the fourth quarter. Waller Financial Planning Group Inc. now owns 12,764 shares of the specialty chemicals company's stock valued at $1,308,000 after buying an additional 100 shares during the last quarter. 81.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on PPG. UBS Group increased their price target on PPG Industries from $110.00 to $116.00 and gave the company a "neutral" rating in a research note on Thursday. Weiss Ratings reiterated a "hold (c-)" rating on shares of PPG Industries in a research note on Wednesday, January 28th. Sanford C. Bernstein increased their price target on PPG Industries from $123.00 to $130.00 and gave the company an "outperform" rating in a research note on Friday, January 30th. Bank of America decreased their price target on PPG Industries from $118.00 to $116.00 and set a "neutral" rating for the company in a research note on Thursday, January 8th. Finally, Zacks Research upgraded PPG Industries from a "strong sell" rating to a "hold" rating in a research note on Friday, January 23rd. Six equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $121.79.

Insider Transactions at PPG Industries

In other news, CFO Vincent J. Morales sold 78,095 shares of the company's stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $131.00, for a total value of $10,230,445.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Anne M. Foulkes sold 3,594 shares of the company's stock in a transaction dated 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 sale, the vice president owned 15,641 shares in the company, valued at $1,949,025.01. The trade was a 18.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 111,361 shares of company stock worth $14,387,293 in the last 90 days. Company insiders own 0.33% of the company's stock.

PPG Industries Stock Down 0.9%

Shares of PPG stock opened at $107.52 on Friday. The stock's 50-day simple moving average is $109.44 and its 200-day simple moving average is $107.47. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.22 and a current ratio of 1.61. The firm has a market capitalization of $24.06 billion, a PE ratio of 15.34, a P/E/G ratio of 1.49 and a beta of 1.06. 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 announced its quarterly earnings data 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. The business had revenue of $3.93 billion for the quarter, compared to analyst estimates of $3.85 billion. PPG Industries had a return on equity of 21.68% and a net margin of 9.83%.The company's revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.72 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Equities analysts expect that PPG Industries, Inc. will post 7.9 earnings per share for the current year.

PPG Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.6%. PPG Industries's dividend payout ratio is presently 40.51%.

Key Stories Impacting PPG Industries

Here are the key news stories impacting PPG Industries this week:

• Positive Sentiment: PPG beat Q1 estimates and reaffirmed FY‑2026 guidance ($7.70–$8.10 EPS); management highlighted pricing power and sales growth, which supports longer‑term earnings expectations. Earnings Highlights
• Positive Sentiment: Mizuho raised its price target to $125 and kept an “outperform” rating — a material upward revision that signals analyst confidence in PPG’s recovery and supports upside sentiment. Mizuho PT Raise
• Neutral Sentiment: BNP Paribas nudged its target to $116 — a modest upgrade that marginally raises consensus valuation but is not a major change to the market narrative. BNP PT Raise
• Neutral Sentiment: UBS increased its price target to $116 while maintaining a “neutral” rating — another small lift but still a neutral stance from a large shop. UBS PT Raise
• Neutral Sentiment: Citigroup slightly raised its target to $114 and kept a neutral rating — consistent with a cautious tone despite the beat. Citigroup PT Raise
• Neutral Sentiment: PPG’s IT team received recognition as “Tech Team of the Year,” which is positive for operational capability but unlikely to move near‑term valuation materially. IT Team Award
• Negative Sentiment: Autobody reporting highlighted a decline in the refinish segment driven by distributor destocking — an operational headwind that trimmed segment revenue and likely pressured near‑term margin visibility. Refinish Decline
• Negative Sentiment: JPMorgan trimmed its target slightly to $125 (from $126) — a small negative signal relative to some larger upward revisions and a reminder of differing analyst views on upside. JPMorgan PT Trim

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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