Zacks Research Lowers Earnings Estimates for PPG Industries

PPG Industries, Inc. (NYSE:PPG) – Zacks Research cut their Q1 2026 earnings per share estimates for shares of PPG Industries in a report issued on Monday, February 9th. Zacks Research analyst Team now forecasts that the specialty chemicals company will post earnings of $1.69 per share for the quarter, down from their previous forecast of $1.77. 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’ Q2 2026 earnings at $2.25 EPS, Q3 2026 earnings at $2.24 EPS, Q4 2026 earnings at $1.77 EPS, FY2026 earnings at $7.95 EPS, Q1 2027 earnings at $1.81 EPS, Q2 2027 earnings at $2.64 EPS, Q3 2027 earnings at $2.23 EPS, Q4 2027 earnings at $1.94 EPS, FY2027 earnings at $8.62 EPS and FY2028 earnings at $9.41 EPS.

PPG Industries (NYSE:PPG) last announced 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). PPG Industries had a net margin of 9.93% and a return on equity of 22.67%. The company had revenue of $3.91 billion during the quarter, compared to analysts’ expectations of $3.77 billion. During the same quarter last year, the business posted $1.61 earnings per share. The company’s revenue for the quarter 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.

A number of other equities analysts have also recently weighed in on the stock. Citigroup upped their price target on shares of PPG Industries from $127.00 to $132.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. KeyCorp reissued a “sector weight” rating on shares of PPG Industries in a research note on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of PPG Industries in a research note on Wednesday, January 28th. Bank of America lowered their target price on PPG Industries from $118.00 to $116.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. Finally, Mizuho lifted their price target on PPG Industries from $118.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, PPG Industries currently has a consensus rating of “Hold” and an average target price of $123.71.

PPG Industries Trading Up 0.9%

Shares of PPG stock opened at $127.70 on Tuesday. The business’s fifty day moving average price is $108.01 and its 200 day moving average price is $105.79. The firm has a market capitalization of $28.66 billion, a PE ratio of 18.40, a P/E/G ratio of 1.90 and a beta of 1.16. 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 has a 1-year low of $90.24 and a 1-year high of $128.05.

Institutional Trading of PPG Industries

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Dorato Capital Management bought a new position in shares of PPG Industries in the 4th quarter worth about $26,000. Quarry LP acquired a new position in PPG Industries during the 3rd quarter worth $26,000. Steigerwald Gordon & Koch Inc. acquired a new position in shares of PPG Industries during the third quarter valued at $26,000. Gladwyn Financial Advisors Inc. acquired a new stake in shares of PPG Industries in the 2nd quarter worth approximately $31,000. Finally, Vermillion & White Wealth Management Group LLC lifted its position in PPG Industries by 100.7% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 273 shares of the specialty chemicals company’s stock worth $31,000 after purchasing an additional 137 shares during the period. 81.86% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, VP Chancey E. Hagerty sold 2,250 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $115.59, for a total transaction of $260,077.50. Following the completion of the sale, the vice president directly owned 8,477 shares of the company’s stock, valued at $979,856.43. The trade was a 20.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Vincent J. Morales sold 29,672 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $125.00, for a total transaction of $3,709,000.00. Following the completion of the transaction, the chief financial officer owned 28,439 shares of the company’s stock, valued at $3,554,875. This trade represents a 51.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 37,122 shares of company stock worth $4,541,078. 0.33% of the stock is currently owned by insiders.

PPG Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 20th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.2%. PPG Industries’s dividend payout ratio is currently 40.92%.

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.