PPG Industries Q3 EPS Estimate Reduced by Zacks Research

Key Points

• Zacks Research has reduced its Q3 2025 earnings estimate for PPG Industries to $2.09 per share, slightly down from a previous estimate of $2.10.
• PPG Industries recently increased its quarterly dividend to $0.71, reflecting an annualized dividend of $2.84 and a dividend yield of 2.7%.
• Several investment firms have raised their target prices for PPG Industries, with Mizuho setting a new target of $135.00, which indicates growing confidence in the stock's performance.

PPG Industries, Inc. (NYSE:PPG - Free Report) - Stock analysts at Zacks Research cut their Q3 2025 earnings estimates for PPG Industries in a research note issued to investors on Monday, August 11th. Zacks Research analyst R. Department now forecasts that the specialty chemicals company will post earnings of $2.09 per share for the quarter, down from their prior forecast of $2.10. The consensus estimate for PPG Industries' current full-year earnings is $7.95 per share. Zacks Research also issued estimates for PPG Industries' Q4 2025 earnings at $1.76 EPS, Q2 2026 earnings at $2.39 EPS and FY2027 earnings at $9.14 EPS.

PPG has been the topic of a number of other reports. UBS Group boosted their target price on shares of PPG Industries from $111.00 to $125.00 and gave the stock a "neutral" rating in a report on Wednesday, July 9th. Mizuho boosted their target price on shares of PPG Industries from $125.00 to $135.00 and gave the stock an "outperform" rating in a report on Tuesday, July 15th. Royal Bank Of Canada boosted their target price on shares of PPG Industries from $115.00 to $117.00 and gave the stock a "sector perform" rating in a report on Friday, August 1st. Citigroup boosted their target price on shares of PPG Industries from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Friday, June 13th. Finally, Fermium Researc upgraded shares of PPG Industries to a "strong-buy" rating in a report on Thursday, May 1st. Nine equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, PPG Industries has an average rating of "Moderate Buy" and a consensus price target of $129.82.

PPG Industries Price Performance

Shares of PPG opened at $106.54 on Tuesday. The company has a market cap of $24.05 billion, a price-to-earnings ratio of 24.16, a PEG ratio of 2.21 and a beta of 1.17. PPG Industries has a 1-year low of $90.24 and a 1-year high of $137.24. The company's fifty day simple moving average is $112.48 and its 200 day simple moving average is $111.02. The company has a current ratio of 1.42, a quick ratio of 1.04 and a debt-to-equity ratio of 0.76.

PPG Industries (NYSE:PPG - Get Free Report) last issued its earnings results on Tuesday, July 29th. The specialty chemicals company reported $2.22 earnings per share for the quarter, hitting analysts' consensus estimates of $2.22. The business had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.16 billion. PPG Industries had a net margin of 6.25% and a return on equity of 23.85%. The firm's revenue for the quarter was down .9% on a year-over-year basis. During the same period in the previous year, the company earned $2.50 earnings per share.

PPG Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Monday, August 11th will be paid a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 2.7%. This is a boost from PPG Industries's previous quarterly dividend of $0.68. The ex-dividend date is Monday, August 11th. PPG Industries's dividend payout ratio is currently 61.68%.

Hedge Funds Weigh In On PPG Industries

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of PPG Industries by 0.7% in the second quarter. Vanguard Group Inc. now owns 29,265,369 shares of the specialty chemicals company's stock valued at $3,328,936,000 after acquiring an additional 192,560 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of PPG Industries by 5.6% in the first quarter. Wellington Management Group LLP now owns 11,159,203 shares of the specialty chemicals company's stock valued at $1,220,259,000 after acquiring an additional 592,152 shares in the last quarter. First Eagle Investment Management LLC grew its stake in shares of PPG Industries by 21.2% in the second quarter. First Eagle Investment Management LLC now owns 5,560,280 shares of the specialty chemicals company's stock valued at $632,482,000 after acquiring an additional 971,799 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of PPG Industries by 58.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 4,797,682 shares of the specialty chemicals company's stock valued at $524,627,000 after acquiring an additional 1,766,518 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its position in PPG Industries by 482.2% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,337,649 shares of the specialty chemicals company's stock worth $518,132,000 after purchasing an additional 3,592,655 shares during the period. 81.86% of the stock is currently owned by institutional investors and hedge funds.

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.

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