PPG Industries (NYSE:PPG) Price Target Raised to $125.00

PPG Industries (NYSE:PPG) had its target price raised by Jefferies Financial Group from $115.00 to $125.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have a hold rating on the specialty chemicals company’s stock.

Several other analysts also recently weighed in on PPG. UBS Group decreased their price target on shares of PPG Industries from $115.00 to $110.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Mizuho boosted their target price on shares of PPG Industries from $118.00 to $125.00 and gave the stock an “outperform” rating in a report on Wednesday. Royal Bank Of Canada upped their price target on PPG Industries from $109.00 to $115.00 and gave the stock a “sector perform” rating in a research report on Thursday. Bank of America decreased their price objective on shares of PPG Industries from $118.00 to $116.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. Finally, Wells Fargo & Company raised their target price on PPG Industries from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday. One equities 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $123.80.

PPG Industries Stock Performance

Shares of NYSE:PPG opened at $115.58 on Thursday. PPG Industries has a 12 month low of $90.24 and a 12 month high of $120.91. The firm’s 50-day moving average is $105.14 and its 200 day moving average is $105.52. The company has a market capitalization of $25.94 billion, a price-to-earnings ratio of 16.65, a PEG ratio of 3.50 and a beta of 1.17. The company has a current ratio of 1.47, a quick ratio of 1.08 and a debt-to-equity ratio of 0.74.

PPG Industries (NYSE:PPG) last issued its quarterly 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). The business had revenue of $3.91 billion during the quarter, compared to analysts’ expectations of $3.77 billion. PPG Industries had a return on equity of 22.67% and a net margin of 9.93%.The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.61 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Research analysts predict that PPG Industries will post 7.95 EPS for the current year.

PPG Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 20th will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, February 20th. PPG Industries’s dividend payout ratio (DPR) is presently 40.92%.

Insider Transactions at PPG Industries

In related news, CFO Vincent J. Morales sold 5,200 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $110.00, for a total value of $572,000.00. Following the completion of the sale, the chief financial officer owned 28,439 shares of the company’s stock, valued at approximately $3,128,290. The trade was a 15.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On PPG Industries

Institutional investors have recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new stake in PPG Industries in the 4th quarter valued at about $51,000. AMG National Trust Bank purchased a new position in PPG Industries during the fourth quarter worth about $3,671,000. Vest Financial LLC boosted its position in shares of PPG Industries by 1.3% during the 4th quarter. Vest Financial LLC now owns 482,840 shares of the specialty chemicals company’s stock worth $49,472,000 after purchasing an additional 6,123 shares during the period. M&T Bank Corp boosted its position in shares of PPG Industries by 19.1% during the fourth quarter. M&T Bank Corp now owns 48,402 shares of the specialty chemicals company’s stock worth $4,960,000 after buying an additional 7,763 shares during the period. Finally, Exencial Wealth Advisors LLC boosted its holdings in PPG Industries by 6.0% during the 4th quarter. Exencial Wealth Advisors LLC now owns 4,647 shares of the specialty chemicals company’s stock valued at $476,000 after acquiring an additional 265 shares during the period. 81.86% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting PPG Industries

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

• Positive Sentiment: Multiple major brokers raised price targets and/or upgraded stance, suggesting renewed analyst confidence and upside (notable moves: Wells Fargo to $135, Goldman Sachs to $132, Citi to $132, JPMorgan to $126, Jefferies to $125, UBS to $122). Goldman Sachs Price Target Benzinga roundup
• Positive Sentiment: Management and analysts point to a gradual 2026 rebound: PPG set FY‑2026 EPS guidance (7.70–8.10) and management highlighted aerospace momentum and operational cost reductions as drivers of mid‑single‑digit EPS growth. This underpins the recent analyst upgrades. Seeking Alpha: Guidance and drivers
• Positive Sentiment: Citi has become more constructive—raising its target and highlighting emerging housing tailwinds that could boost coatings demand, a specific end‑market benefit for PPG. InsiderMonkey: Citi view
• Neutral Sentiment: Some upgrades came with neutral/hold ratings (e.g., UBS moved to neutral, Jefferies to hold), indicating that while the outlook is improving, not all analysts see clear near‑term upside—suggesting further share gains may depend on sustained execution. Benzinga: Analyst notes
• Negative Sentiment: Operational risk: PPG’s refinish sales have slipped as OEM coatings outpace the market, a segment headwind that could weigh on near‑term organic growth and margins if it continues. AutobodyNews: Refinish sales slide

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.