Sanford C. Bernstein Raises PPG Industries (NYSE:PPG) Price Target to $130.00

PPG Industries (NYSE:PPG) had its price target lifted by investment analysts at Sanford C. Bernstein from $123.00 to $130.00 in a research report issued on Friday,MarketScreener reports. The brokerage presently has an “outperform” rating on the specialty chemicals company’s stock. Sanford C. Bernstein’s price objective points to a potential upside of 12.47% from the stock’s previous close.

PPG has been the subject of several other research reports. UBS Group increased their price target on PPG Industries from $110.00 to $122.00 and gave the company a “neutral” rating in a research note on Thursday. Jefferies Financial Group increased their target price on shares of PPG Industries from $115.00 to $125.00 and gave the company a “hold” rating in a research report on Thursday. KeyCorp restated a “sector weight” rating on shares of PPG Industries in a research report on Thursday. BNP Paribas Exane decreased their price objective on shares of PPG Industries from $113.00 to $112.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. boosted their target price on shares of PPG Industries from $117.00 to $126.00 and gave the company an “overweight” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, PPG Industries has a consensus rating of “Hold” and an average target price of $123.80.

PPG Industries Stock Performance

PPG Industries stock opened at $115.58 on Friday. The business has a 50 day moving average of $105.14 and a 200-day moving average of $105.52. The company has a market capitalization of $25.94 billion, a P/E ratio of 16.65, a P/E/G ratio of 3.50 and a beta of 1.17. PPG Industries has a 1 year low of $90.24 and a 1 year high of $120.91. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.47 and a quick ratio of 1.08.

PPG Industries (NYSE:PPG) last announced its quarterly earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $3.77 billion. During the same quarter last year, the company posted $1.61 earnings per share. The company’s revenue was up 5.0% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, equities research analysts predict that PPG Industries will post 7.95 earnings per share for the current year.

Insider Transactions at PPG Industries

In other PPG Industries news, CFO Vincent J. Morales sold 5,200 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly 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 document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.33% of the company’s stock.

Hedge Funds Weigh In On PPG Industries

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in PPG Industries by 0.7% during the second quarter. Vanguard Group Inc. now owns 29,265,369 shares of the specialty chemicals company’s stock worth $3,328,936,000 after purchasing an additional 192,560 shares during the last quarter. Wellington Management Group LLP grew its stake in PPG Industries by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 15,159,770 shares of the specialty chemicals company’s stock valued at $1,593,443,000 after buying an additional 2,521,004 shares in the last quarter. State Street Corp raised its stake in shares of PPG Industries by 6.3% during the 2nd quarter. State Street Corp now owns 12,624,828 shares of the specialty chemicals company’s stock valued at $1,436,074,000 after purchasing an additional 749,081 shares during the period. First Eagle Investment Management LLC boosted its position in shares of PPG Industries by 12.7% in the third quarter. First Eagle Investment Management LLC now owns 6,263,829 shares of the specialty chemicals company’s stock valued at $658,391,000 after acquiring an additional 703,549 shares during the period. Finally, Franklin Resources Inc. increased its holdings in PPG Industries by 39.4% during the 3rd quarter. Franklin Resources Inc. now owns 4,695,477 shares of the specialty chemicals company’s stock worth $493,542,000 after acquiring an additional 1,326,619 shares during the period. 81.86% of the stock is owned by hedge funds and other institutional investors.

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.