PPG Industries (NYSE:PPG) Updates Q1 2026 Earnings Guidance

PPG Industries (NYSE:PPG) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.830-1.830 for the period, compared to the consensus earnings per share estimate of 1.710. The company issued revenue guidance of -.

PPG Industries Stock Down 2.5%

PPG Industries stock traded down $2.76 during midday trading on Wednesday, reaching $107.78. The stock had a trading volume of 1,703,298 shares, compared to its average volume of 2,226,518. PPG Industries has a 12 month low of $93.39 and a 12 month high of $133.43. The company has a market capitalization of $24.12 billion, a P/E ratio of 15.53, a PEG ratio of 1.67 and a beta of 1.16. The company has a fifty day moving average price of $113.76 and a two-hundred day moving average price of $106.83. The company has a current ratio of 1.62, a quick ratio of 1.22 and a debt-to-equity ratio of 0.82.

PPG Industries (NYSE:PPG) last issued its earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.06). The firm had revenue of $3.91 billion during the quarter, compared to the consensus estimate of $3.77 billion. PPG Industries had a net margin of 9.93% and a return on equity of 22.30%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.61 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, equities analysts expect that PPG Industries will post 7.95 EPS for the current fiscal year.

PPG Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Friday, February 20th were paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Friday, February 20th. PPG Industries’s payout ratio is presently 40.92%.

Analysts Set New Price Targets

Several research firms recently commented on PPG. Deutsche Bank Aktiengesellschaft upped their price objective on PPG Industries from $120.00 to $130.00 in a research note on Friday, March 27th. Evercore boosted their target price on shares of PPG Industries from $112.00 to $128.00 in a report on Wednesday, February 18th. Mizuho lowered their target price on shares of PPG Industries from $140.00 to $115.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. JPMorgan Chase & Co. boosted their target price on shares of PPG Industries from $117.00 to $126.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Finally, BNP Paribas Exane lowered their target price on shares of PPG Industries from $113.00 to $112.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $120.14.

Insider Activity at PPG Industries

In other PPG Industries news, VP Anne M. Foulkes sold 3,594 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $124.61, for a total transaction of $447,848.34. Following the completion of the sale, the vice president directly owned 15,641 shares in the company, valued at $1,949,025.01. This represents a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Vincent J. Morales sold 78,095 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $131.00, for a total transaction of $10,230,445.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 118,811 shares of company stock valued at $15,219,371 over the last 90 days. 0.33% of the stock is owned by insiders.

Hedge Funds Weigh In On PPG Industries

Large investors have recently made changes to their positions in the business. Brighton Jones LLC grew its position in PPG Industries by 9.1% in the 4th quarter. Brighton Jones LLC now owns 4,075 shares of the specialty chemicals company’s stock worth $487,000 after purchasing an additional 339 shares during the period. WINTON GROUP Ltd bought a new stake in PPG Industries in the 2nd quarter worth approximately $208,000. Roehl & Yi Investment Advisors LLC bought a new stake in PPG Industries in the 4th quarter worth approximately $207,000. Parallel Advisors LLC grew its position in PPG Industries by 20.1% in the 3rd quarter. Parallel Advisors LLC now owns 1,376 shares of the specialty chemicals company’s stock worth $145,000 after purchasing an additional 230 shares during the period. Finally, Brown Brothers Harriman & Co. grew its position in PPG Industries by 14.2% in the 4th quarter. Brown Brothers Harriman & Co. now owns 1,299 shares of the specialty chemicals company’s stock worth $133,000 after purchasing an additional 162 shares during the period. 81.86% of the stock is currently owned by hedge funds and other institutional investors.

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.