UBS Group Increases PPG Industries (NYSE:PPG) Price Target to $122.00

PPG Industries (NYSE:PPG) had its target price lifted by analysts at UBS Group from $110.00 to $122.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the specialty chemicals company’s stock. UBS Group’s price objective suggests a potential upside of 5.55% from the stock’s current price.

Several other brokerages have also recently issued reports on PPG. Royal Bank Of Canada increased their price target on shares of PPG Industries from $109.00 to $115.00 and gave the stock a “sector perform” rating in a research report on Thursday. Zacks Research upgraded shares of PPG Industries from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. BNP Paribas Exane dropped their price target on shares of PPG Industries from $113.00 to $112.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Bank of America cut their price objective 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, Berenberg Bank decreased their target price on PPG Industries from $131.00 to $110.00 and set a “hold” rating for the company in a report on Thursday, December 4th. 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. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $123.33.

PPG Industries Stock Down 0.8%

PPG Industries stock opened at $115.58 on Thursday. The company has a market capitalization of $25.94 billion, a PE ratio of 16.65, a price-to-earnings-growth ratio of 3.50 and a beta of 1.17. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.08 and a current ratio of 1.47. PPG Industries has a fifty-two week low of $90.24 and a fifty-two week high of $120.91. The firm has a 50 day moving average price of $105.14 and a 200 day moving average price of $105.58.

PPG Industries (NYSE:PPG) last released its quarterly earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 EPS for the quarter, missing the consensus estimate of $1.57 by ($0.06). The firm had revenue of $3.91 billion for 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.61 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Research analysts expect that PPG Industries will post 7.95 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Vincent J. Morales sold 5,200 shares of the 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 owned 28,439 shares of the company’s stock, valued at $3,128,290. This trade represents a 15.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.33% of the company’s stock.

Hedge Funds Weigh In On PPG Industries

Institutional investors have recently added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC acquired a new position in shares of PPG Industries during the 4th quarter valued at about $51,000. AMG National Trust Bank purchased a new stake in PPG Industries in the fourth quarter valued at approximately $3,671,000. Vest Financial LLC increased its position in PPG Industries by 1.3% during the fourth 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 last quarter. M&T Bank Corp raised its stake in 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 purchasing an additional 7,763 shares during the period. Finally, Exencial Wealth Advisors LLC boosted its holdings in shares of PPG Industries by 6.0% in the 4th quarter. Exencial Wealth Advisors LLC now owns 4,647 shares of the specialty chemicals company’s stock valued at $476,000 after purchasing an additional 265 shares during the last quarter. 81.86% of the stock is currently owned by institutional investors and hedge funds.

PPG Industries News Roundup

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.