Rep. Lloyd Doggett Buys PPG Industries, Inc. (NYSE:PPG) Stock

Representative Lloyd Doggett (D-Texas) recently bought shares of PPG Industries, Inc. (NYSE:PPG). In a filing disclosed on July 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in PPG Industries stock on June 12th.

Representative Lloyd Doggett also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 6/18/2025.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 6/10/2025.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/10/2025.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 5/15/2025.

PPG Industries Stock Down 1.3%

PPG opened at $114.51 on Friday. The company has a current ratio of 1.35, a quick ratio of 0.99 and a debt-to-equity ratio of 0.79. PPG Industries, Inc. has a 1-year low of $90.24 and a 1-year high of $137.24. The company has a market capitalization of $25.99 billion, a PE ratio of 24.52, a PEG ratio of 2.40 and a beta of 1.16. The firm’s 50 day simple moving average is $113.18 and its two-hundred day simple moving average is $111.99.

PPG Industries (NYSE:PPG) last announced its quarterly earnings data on Tuesday, April 29th. The specialty chemicals company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.62 by $0.10. The firm had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.67 billion. PPG Industries had a net margin of 6.49% and a return on equity of 24.84%. The company’s revenue was down 4.3% on a year-over-year basis. During the same period last year, the firm earned $1.87 EPS. As a group, equities analysts forecast that PPG Industries, Inc. will post 7.95 EPS for the current year.

PPG Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Monday, August 11th will be given a $0.71 dividend. The ex-dividend date is Monday, August 11th. This is an increase from PPG Industries’s previous quarterly dividend of $0.68. This represents a $2.84 annualized dividend and a yield of 2.48%. PPG Industries’s dividend payout ratio (DPR) is presently 60.81%.

Analysts Set New Price Targets

PPG has been the subject of a number of recent research reports. Royal Bank Of Canada lifted their price objective on shares of PPG Industries from $112.00 to $113.00 and gave the stock a “sector perform” rating in a research note on Friday, May 2nd. Citigroup lifted their price objective on shares of PPG Industries from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, June 13th. Mizuho lifted their price objective on shares of PPG Industries from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. UBS Group lifted their price objective on shares of PPG Industries from $111.00 to $125.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 9th. Finally, Bank of America reissued a “neutral” rating and issued a $126.00 price objective (down from $143.00) on shares of PPG Industries in a research note on Tuesday, April 15th. Nine analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.42.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of PPG. Brighton Jones LLC grew its position in PPG Industries by 9.1% during the 4th quarter. Brighton Jones LLC now owns 4,075 shares of the specialty chemicals company’s stock worth $487,000 after purchasing an additional 339 shares during the last quarter. Jones Financial Companies Lllp grew its position in PPG Industries by 25.8% during the 4th quarter. Jones Financial Companies Lllp now owns 1,961 shares of the specialty chemicals company’s stock worth $234,000 after purchasing an additional 402 shares during the last quarter. Assetmark Inc. grew its position in PPG Industries by 5.9% during the 4th quarter. Assetmark Inc. now owns 11,664 shares of the specialty chemicals company’s stock worth $1,393,000 after purchasing an additional 650 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in PPG Industries during the 4th quarter worth approximately $6,997,000. Finally, Raymond James Financial Inc. purchased a new stake in PPG Industries during the 4th quarter worth approximately $82,071,000. Institutional investors own 81.86% of the company’s stock.

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

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.