Q1 2025 Earnings Forecast for PPG Industries, Inc. Issued By Seaport Res Ptn (NYSE:PPG)

PPG Industries, Inc. (NYSE:PPG - Free Report) - Equities researchers at Seaport Res Ptn raised their Q1 2025 EPS estimates for shares of PPG Industries in a research note issued to investors on Monday, April 22nd. Seaport Res Ptn analyst M. Harrison now forecasts that the specialty chemicals company will earn $2.09 per share for the quarter, up from their previous forecast of $2.06. Seaport Res Ptn currently has a "Buy" rating on the stock. The consensus estimate for PPG Industries' current full-year earnings is $8.47 per share. Seaport Res Ptn also issued estimates for PPG Industries' Q4 2025 earnings at $1.95 EPS and FY2025 earnings at $9.38 EPS.

PPG Industries (NYSE:PPG - Get Free Report) last issued its quarterly earnings data on Friday, April 19th. The specialty chemicals company reported $1.86 earnings per share for the quarter, hitting the consensus estimate of $1.86. PPG Industries had a net margin of 7.74% and a return on equity of 22.98%. The firm had revenue of $4.31 billion for the quarter, compared to analysts' expectations of $4.43 billion. During the same quarter in the prior year, the business earned $1.82 EPS. The business's quarterly revenue was down 1.6% on a year-over-year basis.

A number of other equities research analysts have also recently commented on the stock. BMO Capital Markets decreased their target price on shares of PPG Industries from $168.00 to $165.00 and set an "outperform" rating on the stock in a research note on Tuesday. Wolfe Research initiated coverage on shares of PPG Industries in a research note on Friday, March 1st. They set a "peer perform" rating on the stock. Bank of America cut their price objective on shares of PPG Industries from $167.00 to $164.00 and set a "buy" rating for the company in a report on Monday. UBS Group cut their price objective on shares of PPG Industries from $156.00 to $150.00 and set a "neutral" rating for the company in a report on Friday, April 19th. Finally, Royal Bank of Canada cut their price objective on shares of PPG Industries from $156.00 to $141.00 and set a "sector perform" rating for the company in a report on Monday. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, PPG Industries currently has an average rating of "Hold" and a consensus target price of $155.50.

PPG Industries Stock Performance

NYSE PPG traded up $0.09 on Wednesday, reaching $130.52. 1,642,353 shares of the stock were exchanged, compared to its average volume of 1,792,330. PPG Industries has a one year low of $120.32 and a one year high of $152.89. The firm has a market capitalization of $30.61 billion, a PE ratio of 22.05, a PEG ratio of 1.57 and a beta of 1.28. The company's 50-day simple moving average is $139.81 and its two-hundred day simple moving average is $138.91. The company has a current ratio of 1.55, a quick ratio of 1.05 and a debt-to-equity ratio of 0.73.

PPG Industries announced that its Board of Directors has authorized a share buyback program on Thursday, April 18th that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the specialty chemicals company to reacquire up to 8.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

PPG Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Investors of record on Friday, May 10th will be given a $0.65 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $2.60 dividend on an annualized basis and a yield of 1.99%. PPG Industries's dividend payout ratio is presently 43.92%.

Insider Buying and Selling

In related news, CFO Vincent J. Morales sold 3,400 shares of the firm's stock in a transaction on Friday, March 1st. The stock was sold at an average price of $140.94, for a total value of $479,196.00. Following the completion of the sale, the chief financial officer now directly owns 28,439 shares in the company, valued at $4,008,192.66. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.56% of the stock is owned by corporate insiders.

Institutional Trading of PPG Industries

Institutional investors have recently bought and sold shares of the stock. Norges Bank purchased a new position in PPG Industries in the fourth quarter valued at about $554,685,000. Vanguard Group Inc. grew its stake in shares of PPG Industries by 17.2% during the fourth quarter. Vanguard Group Inc. now owns 24,480,664 shares of the specialty chemicals company's stock worth $3,661,083,000 after acquiring an additional 3,600,558 shares during the last quarter. Invesco Ltd. grew its stake in shares of PPG Industries by 41.1% during the third quarter. Invesco Ltd. now owns 3,294,142 shares of the specialty chemicals company's stock worth $427,580,000 after acquiring an additional 959,849 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of PPG Industries by 4,484.1% during the fourth quarter. Assenagon Asset Management S.A. now owns 723,690 shares of the specialty chemicals company's stock worth $108,228,000 after acquiring an additional 707,903 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of PPG Industries during the fourth quarter worth about $74,492,000. 81.86% of the stock is currently owned by institutional investors.

About PPG Industries

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.