Seaport Res Ptn Predicts Higher Earnings for PPG Industries

PPG Industries, Inc. (NYSE:PPG) – Equities research analysts at Seaport Res Ptn increased their FY2025 earnings estimates for shares of PPG Industries in a report released on Wednesday, April 30th. Seaport Res Ptn analyst M. Harrison now forecasts that the specialty chemicals company will post earnings of $7.97 per share for the year, up from their prior estimate of $7.79. 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’ Q4 2025 earnings at $1.91 EPS, Q2 2026 earnings at $2.44 EPS and FY2026 earnings at $8.95 EPS.

PPG Industries (NYSE:PPG) last posted its quarterly earnings results on Tuesday, April 29th. The specialty chemicals company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.10. PPG Industries had a return on equity of 23.78% and a net margin of 6.41%. The company 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 business posted $1.87 EPS. The firm’s quarterly revenue was down 4.3% compared to the same quarter last year.

Several other equities research analysts have also recently commented on PPG. The Goldman Sachs Group dropped their price objective on PPG Industries from $153.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Citigroup reduced their price target on shares of PPG Industries from $135.00 to $113.00 and set a “buy” rating for the company in a research report on Tuesday, April 8th. UBS Group upped their target price on shares of PPG Industries from $110.00 to $111.00 and gave the company a “neutral” rating in a report on Wednesday. StockNews.com lowered PPG Industries from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, Mizuho lowered their target price on PPG Industries from $150.00 to $140.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. Nine analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $128.83.

PPG Industries Stock Up 1.5 %

Shares of PPG Industries stock opened at $110.45 on Friday. The stock has a market capitalization of $25.07 billion, a PE ratio of 23.35, a price-to-earnings-growth ratio of 2.19 and a beta of 1.16. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.13 and a current ratio of 1.58. The company has a 50-day simple moving average of $106.97 and a two-hundred day simple moving average of $116.39. PPG Industries has a 52-week low of $90.24 and a 52-week high of $137.24.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Park Square Financial Group LLC purchased a new stake in shares of PPG Industries in the fourth quarter worth approximately $26,000. Legend Financial Advisors Inc. purchased a new stake in PPG Industries in the 4th quarter valued at about $27,000. CVA Family Office LLC increased its holdings in PPG Industries by 70.6% during the 1st quarter. CVA Family Office LLC now owns 273 shares of the specialty chemicals company’s stock worth $30,000 after purchasing an additional 113 shares during the period. Prudent Man Investment Management Inc. bought a new position in shares of PPG Industries during the 4th quarter worth $36,000. Finally, Albion Financial Group UT purchased a new position in shares of PPG Industries during the fourth quarter valued at $38,000. Institutional investors own 81.86% of the company’s stock.

Insider Activity at PPG Industries

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

PPG Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Monday, May 12th will be issued a $0.68 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $2.72 annualized dividend and a dividend yield of 2.46%. PPG Industries’s dividend payout ratio (DPR) is 57.51%.

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.