Analysts Issue Forecasts for PPG Industries FY2026 Earnings

PPG Industries, Inc. (NYSE:PPG) – Equities research analysts at KeyCorp issued their FY2026 EPS estimates for PPG Industries in a report released on Thursday, September 10th. KeyCorp analyst S. Tiano anticipates that the specialty chemicals company will earn $7.90 per share for the year. KeyCorp has a “Overweight” rating and a $133.00 price objective on the stock. The consensus estimate for PPG Industries’ current full-year earnings is $7.89 per share.

Other equities research analysts have also recently issued research reports about the company. Mizuho boosted their price objective on PPG Industries from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. BMO Capital Markets lowered their target price on shares of PPG Industries from $140.00 to $138.00 and set an “outperform” rating on the stock in a research report on Monday, July 6th. Wall Street Zen downgraded shares of PPG Industries from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Royal Bank Of Canada decreased their price target on shares of PPG Industries from $129.00 to $122.00 and set a “sector perform” rating for the company in a research note on Thursday, July 30th. Finally, UBS Group lowered their price objective on shares of PPG Industries from $130.00 to $125.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Eight investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, PPG Industries currently has a consensus rating of “Hold” and an average target price of $126.44.

PPG Industries Trading Down 0.2%

NYSE:PPG opened at $105.24 on Monday. The company has a market capitalization of $23.40 billion, a PE ratio of 15.08, a P/E/G ratio of 1.71 and a beta of 1.07. PPG Industries has a 52-week low of $93.39 and a 52-week high of $133.43. The stock’s 50 day moving average price is $113.95 and its 200 day moving average price is $112.12. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 0.72.

PPG Industries (NYSE:PPG) last announced its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $2.23 EPS for the quarter, missing the consensus estimate of $2.25 by ($0.02). The company had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.37 billion. PPG Industries had a return on equity of 21.07% and a net margin of 9.57%.PPG Industries’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.22 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS.

Institutional Investors Weigh In On PPG Industries

Several large investors have recently modified their holdings of PPG. California State Teachers Retirement System increased its stake in PPG Industries by 12,647.0% in the 2nd quarter. California State Teachers Retirement System now owns 60,284,284 shares of the specialty chemicals company’s stock valued at $7,311,881,000 after buying an additional 59,811,353 shares during the period. BlackRock Inc. acquired a new stake in shares of PPG Industries in the 2nd quarter worth $2,856,392,000. Pzena Investment Management LLC acquired a new stake in shares of PPG Industries in the 2nd quarter worth $946,964,000. Franklin Resources Inc. boosted its holdings in shares of 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 in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of PPG Industries by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 5,809,127 shares of the specialty chemicals company’s stock valued at $592,859,000 after acquiring an additional 135,529 shares in the last quarter. Hedge funds and other institutional investors own 81.86% of the company’s stock.

PPG Industries Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Monday, August 10th were paid a $0.74 dividend. This is an increase from PPG Industries’s previous quarterly dividend of $0.71. The ex-dividend date was Monday, August 10th. This represents a $2.96 annualized dividend and a dividend yield of 2.8%. PPG Industries’s dividend payout ratio (DPR) is 42.41%.

About PPG Industries

PPG Industries, Inc is a global manufacturer of paints, coatings and specialty materials. The company supplies protective and decorative coatings used in automotive, aerospace, industrial, marine, packaging and consumer applications. Its products are designed to protect surfaces, improve appearance and provide specialized performance characteristics such as corrosion resistance and durability.

PPG’s portfolio includes automotive refinish coatings, original-equipment automotive coatings, aerospace coatings, industrial and protective coatings, packaging coatings, and architectural paints and coatings.