Zacks Research Cuts Earnings Estimates for PPG Industries

PPG Industries, Inc. (NYSE:PPG - Free Report) - Analysts at Zacks Research dropped their Q2 2025 earnings per share estimates for shares of PPG Industries in a research note issued to investors on Monday, May 12th. Zacks Research analyst R. Department now forecasts that the specialty chemicals company will post earnings per share of $2.20 for the quarter, down from their prior estimate of $2.23. The consensus estimate for PPG Industries' current full-year earnings is $7.95 per share. Zacks Research also issued estimates for PPG Industries' Q3 2025 earnings at $2.14 EPS, Q4 2025 earnings at $1.79 EPS, FY2025 earnings at $7.84 EPS, Q1 2026 earnings at $1.91 EPS, Q2 2026 earnings at $2.55 EPS, Q3 2026 earnings at $2.05 EPS, Q4 2026 earnings at $1.75 EPS, FY2026 earnings at $8.26 EPS, Q1 2027 earnings at $2.04 EPS and FY2027 earnings at $8.89 EPS.

Other equities analysts have also issued research reports about the stock. Mizuho decreased their price target on shares of PPG Industries from $150.00 to $140.00 and set an "outperform" rating on the stock in a report on Monday, February 3rd. Barclays reiterated an "equal weight" rating on shares of PPG Industries in a report on Monday, February 3rd. The Goldman Sachs Group lowered their price target on PPG Industries from $153.00 to $135.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. StockNews.com downgraded shares of PPG Industries from a "buy" rating to a "hold" rating in a research report on Monday, February 3rd. Finally, UBS Group increased their target price on PPG Industries from $110.00 to $111.00 and gave the company a "neutral" rating in a research note on Wednesday, April 30th. Nine analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $128.42.

PPG Industries Trading Down 0.1%

Shares of PPG traded down $0.11 during mid-day trading on Thursday, hitting $114.16. The company had a trading volume of 398,419 shares, compared to its average volume of 2,216,800. PPG Industries has a 1-year low of $90.24 and a 1-year high of $137.24. The company has a quick ratio of 1.13, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. The business's 50-day simple moving average is $106.50 and its 200-day simple moving average is $114.99. The stock has a market cap of $25.91 billion, a PE ratio of 24.13, a P/E/G ratio of 2.19 and a beta of 1.20.

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

Hedge Funds Weigh In On PPG Industries

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in 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 during the period. Wellington Management Group LLP increased its holdings 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 buying an additional 592,152 shares in the last quarter. Geode Capital Management LLC raised its position in shares of PPG Industries by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 5,546,472 shares of the specialty chemicals company's stock worth $660,752,000 after purchasing an additional 93,455 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in PPG Industries by 58.3% during 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 buying an additional 1,766,518 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in PPG Industries by 6.1% in the 4th quarter. Invesco Ltd. now owns 4,726,630 shares of the specialty chemicals company's stock worth $564,596,000 after purchasing an additional 271,699 shares during the period. Institutional investors and hedge funds own 81.86% of the company's stock.

PPG Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Monday, May 12th will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Monday, May 12th. PPG Industries's payout ratio is 58.24%.

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.