FY2025 EPS Estimates for PPG Industries Lifted by Analyst

PPG Industries, Inc. (NYSE:PPG - Free Report) - Equities research analysts at Seaport Res Ptn upped their FY2025 EPS estimates for shares of PPG Industries in a note issued to investors on Wednesday, April 30th. Seaport Res Ptn analyst M. Harrison now forecasts that the specialty chemicals company will earn $7.97 per share for the year, up from their previous estimate of $7.79. Seaport Res Ptn has a "Hold" rating on the stock. The consensus estimate for PPG Industries' current full-year earnings is $7.95 per share. Seaport Res Ptn also issued estimates for PPG Industries' Q4 2025 earnings at $1.91 EPS, Q2 2026 earnings at $2.44 EPS and FY2026 earnings at $8.95 EPS.

PPG Industries (NYSE:PPG - Get Free Report) last announced its earnings results on Tuesday, April 29th. The specialty chemicals company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.10. PPG Industries had a return on equity of 23.78% and a net margin of 6.41%. The firm had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.67 billion. During the same quarter in the prior year, the company earned $1.87 EPS. The business's revenue was down 4.3% compared to the same quarter last year.

Other analysts have also recently issued reports about the company. The Goldman Sachs Group dropped their price target on PPG Industries from $153.00 to $135.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Bank of America restated a "neutral" rating and set a $126.00 price target (down from $143.00) on shares of PPG Industries in a report on Tuesday, April 15th. UBS Group increased their price objective on shares of PPG Industries from $110.00 to $111.00 and gave the company a "neutral" rating in a research report on Wednesday, April 30th. Royal Bank of Canada lifted their target price on shares of PPG Industries from $112.00 to $113.00 and gave the stock a "sector perform" rating in a report on Friday. Finally, StockNews.com lowered shares of PPG Industries from a "buy" rating to a "hold" rating in a report on Monday, February 3rd. Nine analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $128.83.

PPG Industries Stock Down 0.2 %

Shares of NYSE:PPG traded down $0.27 during midday trading on Friday, reaching $110.22. The company's stock had a trading volume of 1,529,079 shares, compared to its average volume of 1,793,915. PPG Industries has a 12-month low of $90.24 and a 12-month high of $137.24. The firm has a market capitalization of $25.02 billion, a P/E ratio of 23.30, a PEG ratio of 2.19 and a beta of 1.20. The firm has a 50 day moving average of $106.97 and a 200-day moving average of $116.19. The company has a quick ratio of 1.13, a current ratio of 1.58 and a debt-to-equity ratio of 0.77.

PPG Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Monday, May 12th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $2.72 annualized dividend and a yield of 2.47%. PPG Industries's dividend payout ratio (DPR) is presently 58.24%.

Insider Buying and Selling at PPG Industries

In related news, CEO Timothy M. Knavish sold 4,800 shares of PPG Industries stock in a transaction on Friday, February 14th. The shares were sold at an average price of $118.35, for a total transaction of $568,080.00. Following the transaction, the chief executive officer now owns 35,833 shares in the company, valued at approximately $4,240,835.55. The trade was a 11.81 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.33% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On PPG Industries

Several large investors have recently made changes to their positions in the business. PUREfi Wealth LLC bought a new position in PPG Industries in the 4th quarter worth approximately $279,000. PFW Advisors LLC bought a new position in PPG Industries during the fourth quarter valued at approximately $868,000. JGP Wealth Management LLC purchased a new position in PPG Industries during the 4th quarter valued at approximately $4,050,000. Vanguard Group Inc. raised its holdings in shares of PPG Industries by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 29,369,691 shares of the specialty chemicals company's stock worth $3,508,210,000 after acquiring an additional 756,937 shares in the last quarter. Finally, Avanza Fonder AB bought a new position in shares of PPG Industries during the 4th quarter valued at approximately $2,944,000. 81.86% of the stock is currently owned by hedge funds and other institutional investors.

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.