PPG Industries Q3 EPS Forecast Lifted by Seaport Res Ptn

PPG Industries, Inc. (NYSE:PPG - Free Report) - Equities research analysts at Seaport Res Ptn upped their Q3 2025 earnings per share estimates for shares of PPG Industries in a research report issued on Friday, July 18th. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will post earnings per share of $2.16 for the quarter, up from their prior estimate of $2.13. The consensus estimate for PPG Industries' current full-year earnings is $7.95 per share. Seaport Res Ptn also issued estimates for PPG Industries' FY2025 earnings at $7.99 EPS.

PPG Industries (NYSE:PPG - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The specialty chemicals company reported $1.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.62 by $0.10. The firm had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.67 billion. PPG Industries had a return on equity of 24.84% and a net margin of 6.49%. The firm's quarterly revenue was down 4.3% on a year-over-year basis. During the same period last year, the company posted $1.87 EPS.

Other equities research analysts have also issued reports about the company. Bank of America reissued a "neutral" rating and set a $126.00 price objective (down from $143.00) on shares of PPG Industries in a research note on Tuesday, April 15th. Citigroup raised their price objective on PPG Industries from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Friday, June 13th. JPMorgan Chase & Co. reduced their price objective on PPG Industries from $115.00 to $105.00 and set a "neutral" rating for the company in a research note on Thursday, May 1st. Wells Fargo & Company raised their price objective on PPG Industries from $125.00 to $135.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 1st. Finally, UBS Group raised their price objective on PPG Industries from $111.00 to $125.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 9th. Nine investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, PPG Industries has an average rating of "Moderate Buy" and an average price target of $131.42.

PPG Industries Stock Performance

Shares of NYSE PPG opened at $114.51 on Monday. The firm has a market cap of $25.99 billion, a P/E ratio of 24.52, a PEG ratio of 2.40 and a beta of 1.16. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.99 and a current ratio of 1.35. The stock has a fifty day moving average price of $113.18 and a two-hundred day moving average price of $111.96. PPG Industries has a 1 year low of $90.24 and a 1 year high of $137.24.

PPG Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Monday, August 11th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 2.48%. This is a positive change from PPG Industries's previous quarterly dividend of $0.68. The ex-dividend date is Monday, August 11th. PPG Industries's dividend payout ratio (DPR) is currently 58.24%.

Institutional Trading of PPG Industries

Several hedge funds and other institutional investors have recently modified their holdings of the company. Robeco Institutional Asset Management B.V. raised its holdings in shares of PPG Industries by 12.5% during the second quarter. Robeco Institutional Asset Management B.V. now owns 242,572 shares of the specialty chemicals company's stock worth $27,593,000 after acquiring an additional 26,876 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. raised its holdings in PPG Industries by 1.3% during the second quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 81,867 shares of the specialty chemicals company's stock valued at $9,312,000 after buying an additional 1,016 shares in the last quarter. Chicago Capital LLC raised its holdings in PPG Industries by 37.0% during the second quarter. Chicago Capital LLC now owns 5,653 shares of the specialty chemicals company's stock valued at $643,000 after buying an additional 1,527 shares in the last quarter. G&S Capital LLC raised its holdings in PPG Industries by 4.4% during the second quarter. G&S Capital LLC now owns 5,516 shares of the specialty chemicals company's stock valued at $627,000 after buying an additional 235 shares in the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH bought a new position in PPG Industries during the second quarter valued at about $440,000. 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.

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