Seaport Res Ptn Weighs in on PPG Industries Q3 Earnings

Key Points

• Seaport Res Ptn has lowered its Q3 2025 earnings per share estimate for PPG Industries from $2.13 to $2.11, while maintaining a full-year earnings estimate of $7.95 per share.
• Multiple analysts have adjusted their target prices for PPG Industries, with Royal Bank Of Canada raising it to $117.00 and Wells Fargo reducing theirs to $132.00, reflecting a range of ratings from "Strong Buy" to "Hold."
• PPG Industries declared a quarterly dividend of $0.71, which will be paid on December 12th, representing an annualized dividend yield of 2.8%.

PPG Industries, Inc. (NYSE:PPG - Free Report) - Equities research analysts at Seaport Res Ptn lowered their Q3 2025 earnings per share estimates for PPG Industries in a report released on Friday, October 17th. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will earn $2.11 per share for the quarter, down 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' Q4 2025 earnings at $1.80 EPS, FY2025 earnings at $7.86 EPS and FY2026 earnings at $8.59 EPS.

Several other equities research analysts have also weighed in on the company. Royal Bank Of Canada boosted their target price on PPG Industries from $115.00 to $117.00 and gave the stock a "sector perform" rating in a report on Friday, August 1st. Wells Fargo & Company decreased their price objective on shares of PPG Industries from $135.00 to $132.00 and set an "overweight" rating for the company in a report on Friday, October 10th. Bank of America dropped their target price on shares of PPG Industries from $131.00 to $129.00 and set a "neutral" rating on the stock in a report on Tuesday, October 14th. Citigroup decreased their target price on PPG Industries from $124.00 to $120.00 and set a "buy" rating for the company in a research note on Monday, October 6th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of PPG Industries in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $127.73.

PPG Industries Price Performance

Shares of NYSE:PPG opened at $101.55 on Monday. The stock has a market capitalization of $22.92 billion, a P/E ratio of 23.03, a P/E/G ratio of 2.14 and a beta of 1.16. The business has a 50-day moving average of $107.49 and a two-hundred day moving average of $108.79. PPG Industries has a fifty-two week low of $90.24 and a fifty-two week high of $132.18. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.42 and a quick ratio of 1.04.

PPG Industries (NYSE:PPG - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The specialty chemicals company reported $2.22 EPS for the quarter, hitting the consensus estimate of $2.22. PPG Industries had a net margin of 6.25% and a return on equity of 23.85%. The company had revenue of $4.20 billion for the quarter, compared to analyst estimates of $4.16 billion. During the same quarter in the prior year, the business posted $2.50 EPS. PPG Industries's quarterly revenue was down .9% on a year-over-year basis. PPG Industries has set its FY 2025 guidance at 7.750-8.050 EPS.

PPG Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Monday, November 10th will be given a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, November 10th. PPG Industries's dividend payout ratio is 64.40%.

Institutional Investors Weigh In On PPG Industries

Several large investors have recently modified their holdings of PPG. Capital Advisors Ltd. LLC boosted its stake in PPG Industries by 127.6% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 223 shares of the specialty chemicals company's stock valued at $25,000 after buying an additional 125 shares in the last quarter. Cheviot Value Management LLC acquired a new stake in shares of PPG Industries in the 1st quarter valued at $26,000. Headlands Technologies LLC bought a new stake in shares of PPG Industries in the 1st quarter worth about $30,000. Gladwyn Financial Advisors Inc. bought a new position in PPG Industries during the 2nd quarter valued at about $31,000. Finally, Vermillion & White Wealth Management Group LLC boosted its position in PPG Industries by 100.7% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 273 shares of the specialty chemicals company's stock valued at $31,000 after buying an additional 137 shares in the last quarter. 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.

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