Zacks Research Expects Reduced Earnings for PPG Industries

PPG Industries, Inc. (NYSE:PPG) – Equities researchers at Zacks Research reduced their Q2 2026 earnings per share estimates for shares of PPG Industries in a note issued to investors on Friday, March 13th. Zacks Research analyst Team now expects that the specialty chemicals company will post earnings per share of $2.24 for the quarter, down from their previous forecast of $2.25. Zacks Research has a “Hold” rating on the stock. The consensus estimate for PPG Industries’ current full-year earnings is $7.95 per share. Zacks Research also issued estimates for PPG Industries’ Q4 2026 earnings at $1.76 EPS, FY2026 earnings at $7.91 EPS, Q1 2027 earnings at $1.79 EPS, Q3 2027 earnings at $2.20 EPS, Q4 2027 earnings at $1.91 EPS, FY2027 earnings at $8.52 EPS and FY2028 earnings at $9.22 EPS.

PPG has been the subject of several other research reports. KeyCorp reissued a “sector weight” rating on shares of PPG Industries in a research report on Thursday, January 29th. Royal Bank Of Canada boosted their price objective on shares of PPG Industries from $109.00 to $115.00 and gave the company a “sector perform” rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. upped their price objective on shares of PPG Industries from $117.00 to $126.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. The Goldman Sachs Group increased their target price on shares of PPG Industries from $118.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, BNP Paribas Exane cut their target price on PPG Industries from $113.00 to $112.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, PPG Industries has an average rating of “Moderate Buy” and an average target price of $125.93.

PPG Industries Stock Up 1.1%

Shares of PPG Industries stock opened at $101.88 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.22 and a current ratio of 1.62. PPG Industries has a 52-week low of $90.24 and a 52-week high of $133.43. The company’s 50 day moving average price is $116.33 and its 200-day moving average price is $107.47. The stock has a market capitalization of $22.80 billion, a price-to-earnings ratio of 14.68, a P/E/G ratio of 1.53 and a beta of 1.15.

PPG Industries (NYSE:PPG) last announced its quarterly earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.06). The company 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 22.30% and a net margin of 9.93%.PPG Industries’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period last year, the firm earned $1.61 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS.

PPG Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Friday, February 20th were given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, February 20th. PPG Industries’s payout ratio is presently 40.92%.

Insiders Place Their Bets

In other PPG Industries news, VP Anne M. Foulkes sold 3,594 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $124.61, for a total value of $447,848.34. Following the completion of the transaction, the vice president directly owned 15,641 shares in the company, valued at approximately $1,949,025.01. This represents a 18.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Vincent J. Morales sold 78,095 shares of PPG Industries stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $131.00, for a total transaction of $10,230,445.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 118,811 shares of company stock worth $15,219,371. 0.33% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Advisortrust Partners LLC purchased a new stake in PPG Industries in the fourth quarter worth $378,000. Pacer Advisors Inc. raised its holdings in PPG Industries by 21.7% in the fourth quarter. Pacer Advisors Inc. now owns 21,924 shares of the specialty chemicals company’s stock worth $2,246,000 after purchasing an additional 3,910 shares in the last quarter. Kera Capital Partners Inc. lifted its position in PPG Industries by 17.9% during the fourth quarter. Kera Capital Partners Inc. now owns 2,449 shares of the specialty chemicals company’s stock valued at $251,000 after buying an additional 371 shares during the period. Cambient Family Office LLC purchased a new position in PPG Industries during the fourth quarter valued at $410,000. Finally, Compound Planning Inc. bought a new stake in shares of PPG Industries during the 4th quarter valued at $2,012,000. Institutional investors own 81.86% of the company’s stock.

About PPG Industries

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.