PPG Industries (NYSE:PPG) Stock Price Expected to Rise, Mizuho Analyst Says

PPG Industries (NYSE:PPG) had its price target raised by stock analysts at Mizuho from $118.00 to $125.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the specialty chemicals company’s stock. Mizuho’s target price would suggest a potential upside of 7.36% from the stock’s current price.

Several other equities research analysts also recently weighed in on the stock. Zacks Research raised shares of PPG Industries from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Bank of America reduced their price target on shares of PPG Industries from $118.00 to $116.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Sanford C. Bernstein decreased their price objective on shares of PPG Industries from $129.00 to $123.00 and set an “outperform” rating for the company in a report on Monday, November 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of PPG Industries in a research note on Friday, October 31st. Finally, BNP Paribas Exane cut their target price on PPG Industries from $113.00 to $112.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $123.33.

PPG Industries Stock Performance

Shares of PPG stock opened at $116.44 on Wednesday. PPG Industries has a 12-month low of $90.24 and a 12-month high of $123.30. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.47 and a quick ratio of 1.08. The firm has a market capitalization of $26.13 billion, a price-to-earnings ratio of 16.78, a price-to-earnings-growth ratio of 3.40 and a beta of 1.17. The business has a 50 day simple moving average of $104.80 and a 200 day simple moving average of $105.59.

PPG Industries (NYSE:PPG) last announced its earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.57 by ($0.06). PPG Industries had a net margin of 9.93% and a return on equity of 22.67%. The business had revenue of $3.91 billion for the quarter, compared to the consensus estimate of $3.77 billion. During the same period in the previous year, the firm earned $1.61 EPS. The firm’s revenue was up 5.0% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, equities research analysts anticipate that PPG Industries will post 7.95 EPS for the current year.

Insider Activity

In other news, CFO Vincent J. Morales sold 5,200 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $110.00, for a total transaction of $572,000.00. Following the sale, the chief financial officer directly owned 28,439 shares of the company’s stock, valued at $3,128,290. The trade was a 15.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.33% of the stock is owned by insiders.

Hedge Funds Weigh In On PPG Industries

A number of hedge funds and other institutional investors have recently modified their holdings of PPG. Capital Advisors Ltd. LLC raised its holdings in PPG Industries by 127.6% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 223 shares of the specialty chemicals company’s stock worth $25,000 after buying an additional 125 shares during the period. Steigerwald Gordon & Koch Inc. purchased a new position in shares of PPG Industries in the third quarter worth approximately $26,000. Dorato Capital Management purchased a new position in shares of PPG Industries in the fourth quarter worth approximately $26,000. Quarry LP acquired a new stake in shares of PPG Industries during the third quarter valued at approximately $26,000. Finally, Root Financial Partners LLC purchased a new stake in shares of PPG Industries in the 3rd quarter valued at approximately $30,000. Institutional investors and hedge funds own 81.86% of the company’s stock.

PPG Industries News Summary

Here are the key news stories impacting PPG Industries this week:

• Positive Sentiment: Major broker raises: Wells Fargo raised its target to $135 and kept an overweight rating (largest upside among revisions). Benzinga
• Positive Sentiment: Goldman Sachs raised its target to $132 and rates PPG a buy — a meaningful bullish endorsement. Benzinga
• Positive Sentiment: Citigroup increased its target to $132 and upgraded to buy, signaling confidence in PPG’s medium‑term outlook. Benzinga
• Positive Sentiment: JPMorgan bumped its target to $126 and kept an overweight stance, another institutional vote of confidence. Benzinga TickerReport
• Positive Sentiment: Jefferies raised its target to $125 with a hold rating, and Mizuho raised to $125 with an outperform — more upward pressure on consensus fair value. Benzinga
• Positive Sentiment: UBS lifted its target to $122 (neutral), adding to the cluster of higher analyst valuations. Benzinga
• Neutral Sentiment: Royal Bank of Canada nudged its target to $115 but keeps a sector‑perform rating (slight implied downside vs. current price). Benzinga
• Neutral Sentiment: Broader coverage and research pieces (Zacks, Seeking Alpha) highlight PPG as a longer‑term value/earnings‑watch idea but are not driving immediate directional conviction. Zacks
• Negative Sentiment: Q4 results: PPG reported a Q4 EPS miss (EPS below estimates) despite a revenue beat and 5% y/y sales growth; management noted softer European and industrial markets into 2026. Yahoo Finance
• Negative Sentiment: FY‑2026 guidance came in at $7.70–$8.10 EPS vs. consensus ~8.06, which tempers upside and is cited by some analysts as a reason for cautious near‑term outlook. Investing.com

PPG Industries Company Profile

PPG Industries is a global supplier of paints, coatings and specialty materials that serves industrial, transportation, consumer and construction markets. Founded in 1883 as the Pittsburgh Plate Glass Company, PPG has evolved from its origins in glass manufacturing into a diversified coatings and materials company headquartered in Pittsburgh, Pennsylvania. The company develops and manufactures a broad array of products used to protect and enhance surfaces, from consumer paints to highly engineered coatings for demanding industrial applications.

PPG’s product portfolio includes architectural and decorative paints, automotive original equipment and refinish coatings, industrial coatings for machinery and equipment, protective and marine coatings, aerospace and defense coatings, and packaging coatings and materials.