Zacks Research Lowers Earnings Estimates for PPG Industries

PPG Industries, Inc. (NYSE:PPG - Free Report) - Equities researchers at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for PPG Industries in a research note issued on Tuesday, June 17th. Zacks Research analyst R. Department now anticipates that the specialty chemicals company will post earnings of $2.10 per share for the quarter, down from their prior estimate of $2.14. The consensus estimate for PPG Industries' current full-year earnings is $7.95 per share. Zacks Research also issued estimates for PPG Industries' FY2025 earnings at $7.79 EPS, Q1 2026 earnings at $1.89 EPS, Q2 2026 earnings at $2.53 EPS, Q3 2026 earnings at $2.03 EPS, FY2026 earnings at $8.18 EPS and Q1 2027 earnings at $2.02 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, topping the consensus estimate of $1.62 by $0.10. PPG Industries had a net margin of 6.49% and a return on equity of 24.84%. The business had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.67 billion. During the same quarter in the prior year, the company earned $1.87 EPS. The firm's quarterly revenue was down 4.3% on a year-over-year basis.

Several other brokerages have also issued reports on PPG. Citigroup raised their target price on shares of PPG Industries from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Friday, June 13th. Argus downgraded PPG Industries from a "buy" rating to a "hold" rating in a report on Monday, March 10th. UBS Group boosted their target price on PPG Industries from $110.00 to $111.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 30th. Fermium Researc raised shares of PPG Industries to a "strong-buy" rating in a research note on Thursday, May 1st. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of PPG Industries from $125.00 to $140.00 and gave the stock a "buy" rating in a research report on Monday, May 12th. Nine equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, PPG Industries currently has an average rating of "Moderate Buy" and a consensus price target of $129.83.

PPG Industries Stock Up 0.6%

Shares of PPG opened at $108.18 on Thursday. The firm has a market capitalization of $24.56 billion, a price-to-earnings ratio of 23.16, a PEG ratio of 2.43 and a beta of 1.17. PPG Industries has a 52 week low of $90.24 and a 52 week high of $137.24. 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 business's fifty day moving average price is $108.22 and its two-hundred day moving average price is $113.18.

PPG Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Investors of record on Monday, May 12th were issued a dividend of $0.68 per share. The ex-dividend date was Monday, May 12th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.51%. PPG Industries's payout ratio is presently 58.24%.

Institutional Investors Weigh In On PPG Industries

Several institutional investors have recently bought and sold shares of PPG. Park Square Financial Group LLC bought a new position in PPG Industries in the fourth quarter valued at $26,000. Cheviot Value Management LLC acquired a new position in shares of PPG Industries during the 1st quarter worth about $26,000. CVA Family Office LLC grew its holdings in shares of PPG Industries by 70.6% in the 1st quarter. CVA Family Office LLC now owns 273 shares of the specialty chemicals company's stock valued at $30,000 after acquiring an additional 113 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of PPG Industries in the first quarter valued at about $30,000. Finally, Prudent Man Investment Management Inc. bought a new stake in PPG Industries during the fourth quarter worth about $36,000. Institutional investors own 81.86% of the company's stock.

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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