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 paid a dividend of $0.51 per share on Thursday, September 12th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.76%. 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 of Directors has approved a stock repurchase program on Friday, December 15th 2017, which allows the company to buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

PPG Industries, Inc. (NYSE:PPG) issued its quarterly earnings data on Thursday, July, 18th. The specialty chemicals company reported $1.85 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.83 by $0.02. The specialty chemicals company had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $4.10 billion. PPG Industries had a return on equity of 27.89% and a net margin of 8.07%. The company's revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.90 EPS. 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 issued an update on 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 Wall Street analysts have issued twelve-month target prices for PPG Industries' stock. Their predictions range from $103.00 to $138.00. On average, they anticipate PPG Industries' stock price to reach $122.1429 in the next year. This suggests a possible upside of 5.4% 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.

Media headlines about PPG stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PPG Industries earned a news impact score of 0.9 on InfoTrie's scale. They also assigned news coverage about the specialty chemicals company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for PPG Industries.

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), The Coca-Cola (KO), Mcdonald's (MCD), Exxon Mobil (XOM), Procter & Gamble (PG), United Technologies (UTX), Walt Disney (DIS), Chevron (CVX) and Cisco Systems (CSCO).

PPG Industries' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.50%), BlackRock Inc. (6.22%), BlackRock Inc. (6.22%), Trian Fund Management L.P. (1.79%), Parnassus Investments CA (1.77%) and Wells Fargo & Company MN (1.33%). Company insiders that own PPG Industries stock include Jean-Marie Greindl, Vadlamannati Ramaprasad, Victoria F Haynes 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 purchased 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., BlackRock Inc., Renaissance Technologies LLC and Canada Pension Plan Investment Board. 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, Robinhood, Fidelity and Charles Schwab.

One share of PPG stock can currently be purchased for approximately $115.8550.

PPG Industries has a market capitalization of $27.38 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]