RBF Capital LLC Takes $2.35 Million Position in PPG Industries, Inc. $PPG

RBF Capital LLC purchased a new position in PPG Industries, Inc. (NYSE:PPG) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 22,000 shares of the specialty chemicals company’s stock, valued at approximately $2,351,000.

Several other institutional investors and hedge funds have also bought and sold shares of PPG. Pzena Investment Management LLC increased its holdings in PPG Industries by 306.2% in the 4th quarter. Pzena Investment Management LLC now owns 7,098,767 shares of the specialty chemicals company’s stock valued at $727,340,000 after buying an additional 5,351,103 shares during the period. Franklin Resources Inc. increased its stake in PPG Industries by 48.9% in the fourth quarter. Franklin Resources Inc. now owns 6,990,595 shares of the specialty chemicals company’s stock valued at $716,256,000 after acquiring an additional 2,295,118 shares during the last quarter. Norges Bank acquired a new position in PPG Industries during the fourth quarter valued at approximately $209,355,000. First Trust Advisors LP lifted its stake in PPG Industries by 321.4% during the first quarter. First Trust Advisors LP now owns 2,287,261 shares of the specialty chemicals company’s stock worth $244,462,000 after purchasing an additional 1,744,528 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of PPG Industries by 85.6% in the 1st quarter. Bank of New York Mellon Corp now owns 2,507,399 shares of the specialty chemicals company’s stock valued at $267,991,000 after purchasing an additional 1,156,078 shares in the last quarter. Institutional investors own 81.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on PPG shares. The Goldman Sachs Group decreased their price target on shares of PPG Industries from $134.00 to $130.00 in a report on Friday, May 1st. BMO Capital Markets dropped their price objective on shares of PPG Industries from $140.00 to $138.00 and set an “outperform” rating for the company in a research note on Monday, July 6th. Bank of America upgraded PPG Industries from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $127.00 to $134.00 in a research report on Friday, July 17th. Wells Fargo & Company lowered their target price on PPG Industries from $135.00 to $130.00 and set an “overweight” rating for the company in a report on Friday, April 10th. Finally, UBS Group increased their target price on PPG Industries from $110.00 to $116.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Seven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, PPG Industries currently has a consensus rating of “Hold” and a consensus target price of $126.13.

PPG Industries Price Performance

PPG stock opened at $111.87 on Thursday. The company has a fifty day moving average price of $116.58 and a 200-day moving average price of $113.60. The company has a market capitalization of $24.94 billion, a P/E ratio of 16.03, a PEG ratio of 1.75 and a beta of 1.05. PPG Industries, Inc. has a 52-week low of $93.39 and a 52-week high of $133.43. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.17 and a current ratio of 1.61.

PPG Industries (NYSE:PPG) last issued its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $2.23 earnings per share for the quarter, missing the consensus estimate of $2.25 by ($0.02). The business had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.37 billion. PPG Industries had a return on equity of 21.39% and a net margin of 9.57%.The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.22 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, equities analysts expect that PPG Industries, Inc. will post 7.93 EPS for the current year.

PPG Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Monday, August 10th will be paid a $0.74 dividend. The ex-dividend date of this dividend is Monday, August 10th. This is a positive change from PPG Industries’s previous quarterly dividend of $0.71. This represents a $2.96 annualized dividend and a dividend yield of 2.6%. PPG Industries’s payout ratio is currently 40.51%.

PPG Industries News Summary

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

• Positive Sentiment: Second-quarter net sales increased 7.2% year over year to $4.50 billion, exceeding analysts’ $4.37 billion estimate. Organic growth reached 4%, with broad-based gains across PPG’s segments. Adjusted EPS of $2.23 was essentially flat from $2.22 a year earlier. PPG reports second quarter 2026 financial results
• Positive Sentiment: Data centers are emerging as an important growth driver for PPG and peer Sherwin-Williams, potentially supporting demand for protective coatings and related specialty chemicals as artificial-intelligence infrastructure investment expands. Data Centers Emerge as Growth Drivers for PPG, Sherwin-Williams
• Neutral Sentiment: PPG maintained fiscal 2026 adjusted EPS guidance of $7.70–$8.10, a range broadly centered near the $7.89 analyst consensus. The outlook implies continued earnings growth potential but provides limited upside to current expectations. PPG Industries Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
• Negative Sentiment: Adjusted EPS of $2.23 missed consensus estimates ranging from $2.25 to $2.26. Reported net income fell 2% year over year to $439 million, while adjusted net income declined 1% to $500 million, suggesting that higher revenue has not yet translated into meaningful profit growth. PPG Industries slides as earnings miss overshadows revenue beat

PPG Industries 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.