PPG Industries, Inc. $PPG Shares Bought by UBS Group AG

Key Points

• UBS raised its PPG stake by 15% in Q4 to 1,172,231 shares (~0.52% of the company) worth $120.1M, and several large institutions (Wellington, Franklin, Pzena, First Eagle) also added positions, leaving institutional ownership at about 81.86%.
• Insider sales have been significant recently — insiders sold 111,361 shares worth $14.39M over the last 90 days (including CFO Vincent Morales), leaving insiders with just 0.33% ownership.
• Operational and market outlook: PPG beat Q1 EPS ($1.83 vs. $1.78), reaffirmed FY‑2026 guidance of $7.70–$8.10 and declared a $0.71 quarterly dividend (2.6% yield), but analysts remain mixed with a consensus rating of "Hold" and a $122.07 target.

UBS Group AG lifted its holdings in PPG Industries, Inc. (NYSE:PPG - Free Report) by 15.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,172,231 shares of the specialty chemicals company's stock after buying an additional 152,779 shares during the quarter. UBS Group AG owned approximately 0.52% of PPG Industries worth $120,107,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of PPG. Wellington Management Group LLP lifted its position in shares of PPG Industries by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 15,159,770 shares of the specialty chemicals company's stock worth $1,593,443,000 after buying an additional 2,521,004 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of PPG Industries by 39.4% in the 3rd quarter. Franklin Resources Inc. now owns 4,695,477 shares of the specialty chemicals company's stock worth $493,542,000 after buying an additional 1,326,619 shares during the last quarter. Pzena Investment Management LLC lifted its position in shares of PPG Industries by 72.4% in the 3rd quarter. Pzena Investment Management LLC now owns 1,747,664 shares of the specialty chemicals company's stock worth $183,697,000 after buying an additional 733,660 shares during the last quarter. First Eagle Investment Management LLC lifted its position in shares of PPG Industries by 12.7% in the 3rd quarter. First Eagle Investment Management LLC now owns 6,263,829 shares of the specialty chemicals company's stock worth $658,391,000 after buying an additional 703,549 shares during the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of PPG Industries in the 3rd quarter worth about $70,096,000. 81.86% of the stock is currently owned by institutional investors.

Insider Transactions at PPG Industries

In other PPG Industries news, CFO Vincent J. Morales sold 78,095 shares of the business'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 business's stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $124.61, for a total transaction of $447,848.34. Following the sale, the vice president owned 15,641 shares in the company, valued at $1,949,025.01. This trade represents a 18.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 111,361 shares of company stock worth $14,387,293 over the last 90 days. 0.33% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on PPG shares. UBS Group raised their price target on shares of PPG Industries from $110.00 to $116.00 and gave the stock a "neutral" rating in a research report on Thursday. Bank of America cut their price objective on shares of PPG Industries from $118.00 to $116.00 and set a "neutral" rating on the stock in a research report on Thursday, January 8th. Sanford C. Bernstein lifted their price objective on shares of PPG Industries from $123.00 to $130.00 and gave the company an "outperform" rating in a research report on Friday, January 30th. The Goldman Sachs Group upped their target price on shares of PPG Industries from $132.00 to $134.00 and gave the stock a "buy" rating in a research report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. dropped their price target on shares of PPG Industries from $126.00 to $125.00 in a research note on Thursday. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $122.07.

More PPG Industries News

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 Price Performance

Shares of NYSE:PPG opened at $107.52 on Friday. The firm's 50 day moving average is $109.44 and its two-hundred day moving average is $107.41. PPG Industries, Inc. has a 52 week low of $93.39 and a 52 week high of $133.43. The firm has a market capitalization of $24.06 billion, a P/E ratio of 15.34, a PEG ratio of 1.50 and a beta of 1.06. The company has a current ratio of 1.61, a quick ratio of 1.22 and a debt-to-equity ratio of 0.78.

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 the consensus estimate of $1.78 by $0.05. PPG Industries had a net margin of 9.83% and a return on equity of 21.68%. The company had revenue of $3.93 billion for the quarter, compared to analyst estimates of $3.85 billion. During the same quarter last year, the business earned $1.72 earnings per share. PPG Industries'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. Analysts anticipate that PPG Industries, Inc. will post 7.95 earnings per share for the current year.

PPG Industries Dividend Announcement

The company also recently declared 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 dividend yield of 2.6%. PPG Industries's dividend payout ratio (DPR) is presently 40.51%.

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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