PPG Industries FY2026 EPS Estimate Lifted by Zacks Research

PPG Industries, Inc. (NYSE:PPG) – Research analysts at Zacks Research lifted their FY2026 earnings per share estimates for PPG Industries in a research note issued on Friday, April 17th. Zacks Research analyst Team now anticipates that the specialty chemicals company will post earnings per share of $7.97 for the year, up from their previous estimate of $7.91. Zacks Research has a “Hold” rating on the stock. The consensus estimate for PPG Industries’ current full-year earnings is $7.99 per share. Zacks Research also issued estimates for PPG Industries’ Q1 2027 earnings at $1.81 EPS.

Several other equities analysts also recently weighed in on the company. Weiss Ratings restated a “hold (c-)” rating on shares of PPG Industries in a research report on Wednesday, January 28th. UBS Group decreased their target price on PPG Industries from $122.00 to $110.00 and set a “neutral” rating on the stock in a research report on Thursday, April 2nd. Sanford C. Bernstein raised their target price on PPG Industries from $123.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. Bank of America decreased their target price on PPG Industries from $118.00 to $116.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. Finally, Citigroup restated a “neutral” rating and issued a $113.00 target price (down from $132.00) on shares of PPG Industries in a research report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $120.71.

PPG Industries Stock Performance

NYSE PPG opened at $110.88 on Tuesday. The company has a market cap of $24.82 billion, a PE ratio of 15.98, a price-to-earnings-growth ratio of 1.72 and a beta of 1.16. The stock’s 50 day simple moving average is $112.30 and its 200-day simple moving average is $107.11. PPG Industries has a 1-year low of $93.39 and a 1-year high of $133.43. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.62 and a quick ratio of 1.22.

PPG Industries (NYSE:PPG) last released 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). The firm had revenue of $3.91 billion during the quarter, compared to analysts’ expectations of $3.77 billion. PPG Industries had a net margin of 9.93% and a return on equity of 22.30%. The business’s revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.61 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS.

PPG Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Monday, May 11th will be given a dividend of $0.71 per share. The ex-dividend date is Monday, May 11th. This represents a $2.84 dividend on an annualized basis and a yield of 2.6%. PPG Industries’s dividend payout ratio (DPR) is presently 40.92%.

Insider Buying and Selling

In related news, VP Anne M. Foulkes sold 3,594 shares of PPG Industries stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $124.61, for a total transaction of $447,848.34. Following the transaction, the vice president owned 15,641 shares in the company, valued at approximately $1,949,025.01. This trade represents a 18.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Vincent J. Morales sold 78,095 shares of PPG Industries stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $131.00, for a total value of $10,230,445.00. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 113,611 shares of company stock worth $14,647,371. 0.33% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On PPG Industries

A number of institutional investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its position in PPG Industries by 19.9% during the third quarter. Wellington Management Group LLP now owns 15,159,770 shares of the specialty chemicals company’s stock worth $1,593,443,000 after buying an additional 2,521,004 shares in the last quarter. State Street Corp lifted its position in PPG Industries by 4.6% during the fourth quarter. State Street Corp now owns 12,829,677 shares of the specialty chemicals company’s stock worth $1,314,529,000 after buying an additional 565,523 shares in the last quarter. Pzena Investment Management LLC lifted its position in PPG Industries by 306.2% during the fourth quarter. Pzena Investment Management LLC now owns 7,098,767 shares of the specialty chemicals company’s stock worth $727,340,000 after buying an additional 5,351,103 shares in the last quarter. Franklin Resources Inc. lifted its position in PPG Industries by 48.9% during the fourth quarter. Franklin Resources Inc. now owns 6,990,595 shares of the specialty chemicals company’s stock worth $716,256,000 after buying an additional 2,295,118 shares in the last quarter. Finally, First Eagle Investment Management LLC lifted its position in PPG Industries by 0.4% during the fourth quarter. First Eagle Investment Management LLC now owns 6,290,622 shares of the specialty chemicals company’s stock worth $644,537,000 after buying an additional 26,793 shares in the last quarter. Hedge funds and other institutional investors own 81.86% of the company’s stock.

Trending Headlines about PPG Industries

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

• Positive Sentiment: RBC Capital turned bullish and raised its price target for PPG, signaling confidence in PPG’s outlook and strategy; that supports upside thesis for longer-term investors. RBC Capital Bullish on PPG Industries (PPG) – Raises Price Target
• Positive Sentiment: Shareholders approved governance changes and a new performance-based incentive plan, which should better align management pay with shareholder value and can be viewed as a governance positive. PPG Shareholders Endorse Governance, Approve New Incentive Plan
• Positive Sentiment: Zacks Research has nudged up Q1 and FY earnings estimates for PPG (Q1 EPS to $1.81; FY2026 to ~$7.97–7.99), reflecting modestly improved near-term profitability expectations. Q1 EPS Estimates for PPG Industries Lifted by Zacks Research
• Positive Sentiment: PPG launched an integrated end-to-end protective coatings offering for data centers — a targeted product expansion into a growing, specialized market that can drive higher-margin sales over time. PPG Unveils Integrated End-to-End Coatings Offering for Data Centers
• Positive Sentiment: PPG invested in an advanced testing line for radiation-curable coatings at its Marly, France R&D center — a capex/R&D move that should shorten development cycles and support commercial wins in specialty coatings. PPG invests in testing line for radiation-curable coatings at Marly, France
• Neutral Sentiment: BNP Paribas Exane raised its price target slightly (from $112 to $115) but maintained a neutral rating, suggesting limited near-term upside from that shop. BNP Paribas Adjusts Price Target on PPG Industries to $115
• Neutral Sentiment: Market coverage includes pieces noting expected earnings growth and a potential beat, but several outlets (including Zacks) keep a cautious/hold stance — mixed analyst tone limits a decisive rally. PPG Industries (PPG) Earnings Expected to Grow: Should You Buy?
• Negative Sentiment: PPG’s prior quarterly report showed a revenue beat but an EPS miss (Jan quarter), and although full-year EPS guidance remains positive, that mixed financial track record continues to temper investor enthusiasm and can amplify selling when markets turn risk-off.

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.