NYSE:PPG - PPG Industries Stock Price, News & Analysis

PPG Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "PPG."

PPG Industries announced a quarterly dividend on Thursday, July 18th. Investors of record on Monday, August 12th will be given a dividend of $0.51 per share on Thursday, September 12th. This represents a $2.04 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend is Friday, August 9th. This is a boost from PPG Industries's previous quarterly dividend of $0.48. View PPG Industries' Dividend History.

PPG Industries declared that its board has authorized a share buyback plan on Friday, December 15th 2017, which permits the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.

PPG Industries, Inc. (NYSE:PPG) released its quarterly earnings results on Thursday, July, 18th. The specialty chemicals company reported $1.85 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.83 by $0.02. The specialty chemicals company earned $4.02 billion during the quarter, compared to analyst estimates of $4.10 billion. PPG Industries had a net margin of 8.07% and a return on equity of 27.89%. PPG Industries's revenue was down 2.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.90 earnings per share. View PPG Industries' Earnings History.

PPG Industries is scheduled to release their next quarterly earnings announcement on Thursday, October 17th 2019. View Earnings Estimates for PPG Industries.

PPG Industries updated its third quarter earnings guidance on Thursday, July, 18th. The company provided EPS guidance of $1.57-1.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.68.

17 analysts have issued 1-year price targets for PPG Industries' shares. Their predictions range from $103.00 to $138.00. On average, they expect PPG Industries' stock price to reach $122.1429 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for PPG Industries.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 2 sell ratings, 7 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PPG Industries.

News headlines about PPG stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PPG Industries earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave media coverage about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for PPG Industries.

PPG Industries saw a drop in short interest in July. As of July 31st, there was short interest totalling 4,802,100 shares, a drop of 8.8% from the June 30th total of 5,265,600 shares. Based on an average daily volume of 1,300,000 shares, the days-to-cover ratio is currently 3.7 days. Currently, 2.0% of the company's shares are short sold. View PPG Industries' Current Options Chain.

Some companies that are related to PPG Industries include Akzo Nobel (AKZOD), Akzo Nobel (AKZOY), Nippon Paint (NPCPF), RPM International (RPM), Axalta Coating Systems (AXTA) and Ferro (FOE).

Based on aggregate information from My MarketBeat watchlists, some companies that other PPG Industries investors own include Johnson & Johnson (JNJ), Home Depot (HD), Mcdonald's (MCD), The Coca-Cola (KO), Exxon Mobil (XOM), Walt Disney (DIS), United Technologies (UTX), Procter & Gamble (PG), Cisco Systems (CSCO) and PepsiCo (PEP).

PPG Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.50%), BlackRock Inc. (6.22%), Trian Fund Management L.P. (1.79%), Parnassus Investments CA (1.77%), Wells Fargo & Company MN (1.33%) and Northern Trust Corp (1.21%). Company insiders that own PPG Industries stock include Jean-Marie Greindl, Vadlamannati Ramaprasad, Victoria F Haynes, Viktoras R Sekmakas and William E Schaupp. View Institutional Ownership Trends for PPG Industries.

PPG stock was sold by a variety of institutional investors in the last quarter, including Trian Fund Management L.P., Price T Rowe Associates Inc. MD, Quest Capital Management Inc. ADV, First Trust Advisors LP, Balyasny Asset Management LLC, California Public Employees Retirement System, Echo Street Capital Management LLC and UBS Asset Management Americas Inc.. Company insiders that have sold PPG Industries company stock in the last year include Vadlamannati Ramaprasad, Victoria F Haynes and William E Schaupp. View Insider Buying and Selling for PPG Industries.

PPG stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, APG Asset Management N.V., Royal Bank of Canada, Panagora Asset Management Inc., BlackRock Inc., Renaissance Technologies LLC, Canada Pension Plan Investment Board and Cibc World Markets Corp. View Insider Buying and Selling for PPG Industries.

Shares of PPG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PPG stock can currently be purchased for approximately $110.72.

PPG Industries has a market capitalization of $26.16 billion and generates $15.37 billion in revenue each year. The specialty chemicals company earns $1.34 billion in net income (profit) each year or $5.92 on an earnings per share basis. PPG Industries employs 47,300 workers across the globe.View Additional Information About PPG Industries.

The official website for PPG Industries is http://www.ppg.com/.

PPG Industries' mailing address is ONE PPG PL 40 EAST, PITTSBURGH PA, 15272. The specialty chemicals company can be reached via phone at 412-434-3131 or via email at [email protected]