Q1 EPS Estimates for PPG Industries Lifted by Analyst

PPG Industries, Inc. (NYSE:PPG) – Analysts at Seaport Res Ptn lifted their Q1 2025 EPS estimates for shares of PPG Industries in a report released on Monday, April 21st. Seaport Res Ptn analyst M. Harrison now expects that the specialty chemicals company will post earnings per share of $1.56 for the quarter, up from their prior estimate of $1.53. Seaport Res Ptn currently has a “Hold” rating on the stock. The consensus estimate for PPG Industries’ current full-year earnings is $7.95 per share. Seaport Res Ptn also issued estimates for PPG Industries’ Q2 2025 earnings at $2.27 EPS, Q3 2025 earnings at $2.13 EPS, Q4 2025 earnings at $1.83 EPS, FY2025 earnings at $7.79 EPS and FY2026 earnings at $8.69 EPS.

PPG has been the topic of a number of other reports. UBS Group dropped their target price on shares of PPG Industries from $128.00 to $126.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Argus cut PPG Industries from a “buy” rating to a “hold” rating in a research report on Monday, March 10th. Mizuho reduced their target price on PPG Industries from $150.00 to $140.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. Citigroup dropped their price target on PPG Industries from $135.00 to $113.00 and set a “buy” rating on the stock in a research note on Tuesday, April 8th. Finally, StockNews.com cut PPG Industries from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd. Nine equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $130.67.

PPG Industries Stock Performance

Shares of PPG Industries stock opened at $104.10 on Thursday. The firm has a market capitalization of $23.63 billion, a P/E ratio of 22.01, a P/E/G ratio of 2.19 and a beta of 1.16. The company has a quick ratio of 1.13, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. PPG Industries has a 52 week low of $90.24 and a 52 week high of $137.24. The firm’s 50 day moving average is $108.15 and its two-hundred day moving average is $117.29.

PPG Industries (NYSE:PPG) last announced its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $1.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.04). PPG Industries had a return on equity of 23.78% and a net margin of 6.41%.

PPG Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Monday, May 12th will be given a $0.68 dividend. The ex-dividend date is Monday, May 12th. This represents a $2.72 dividend on an annualized basis and a yield of 2.61%. PPG Industries’s payout ratio is currently 57.51%.

Insider Buying and Selling at PPG Industries

In other news, CEO Timothy M. Knavish sold 4,800 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $118.35, for a total value of $568,080.00. Following the completion of the sale, the chief executive officer now directly owns 35,833 shares of the company’s stock, valued at $4,240,835.55. This trade represents a 11.81 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.33% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On PPG Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new position in shares of PPG Industries in the 4th quarter valued at about $470,535,000. Kovitz Investment Group Partners LLC lifted its position in shares of PPG Industries by 482.2% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,337,649 shares of the specialty chemicals company’s stock valued at $518,132,000 after acquiring an additional 3,592,655 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of PPG Industries by 815.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,031,164 shares of the specialty chemicals company’s stock worth $362,074,000 after acquiring an additional 2,700,018 shares in the last quarter. First Eagle Investment Management LLC grew its holdings in shares of PPG Industries by 138.9% in the 4th quarter. First Eagle Investment Management LLC now owns 3,196,951 shares of the specialty chemicals company’s stock worth $381,876,000 after acquiring an additional 1,858,895 shares during the period. Finally, Wellington Management Group LLP raised its holdings in PPG Industries by 17.7% during the fourth quarter. Wellington Management Group LLP now owns 10,567,051 shares of the specialty chemicals company’s stock worth $1,262,234,000 after purchasing an additional 1,590,041 shares during the last quarter. Institutional investors and hedge funds 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.