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

PPG Industries (NYSE:PPG) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 7.700-8.100 for the period, compared to the consensus EPS estimate of 7.970. The company issued revenue guidance of -.

PPG Industries Stock Up 3.7%

Shares of NYSE:PPG traded up $3.93 during trading on Thursday, hitting $108.62. The company’s stock had a trading volume of 616,714 shares, compared to its average volume of 2,220,806. PPG Industries has a fifty-two week low of $93.39 and a fifty-two week high of $133.43. The stock’s 50-day moving average price is $109.75 and its two-hundred day moving average price is $107.41. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.22 and a current ratio of 1.62. The company has a market capitalization of $24.31 billion, a PE ratio of 15.65, a PEG ratio of 1.52 and a beta of 1.16.

PPG Industries (NYSE:PPG) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.12. PPG Industries had a net margin of 9.93% and a return on equity of 22.30%. The company had revenue of $3.93 billion during the quarter, compared to the consensus estimate of $3.84 billion. During the same quarter in the previous year, the firm earned $1.72 EPS. The company’s revenue was up 6.7% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, sell-side analysts expect that PPG Industries will post 8 EPS for the current year.

PPG Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, May 11th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, May 11th. PPG Industries’s payout ratio is currently 40.51%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on PPG shares. Mizuho boosted their price target on shares of PPG Industries from $115.00 to $125.00 and gave the company an “outperform” rating in a report on Wednesday. The Goldman Sachs Group lifted their price objective on shares of PPG Industries from $132.00 to $134.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. UBS Group decreased their target price on shares of PPG Industries from $122.00 to $110.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. BNP Paribas Exane raised their price target on shares of PPG Industries from $112.00 to $115.00 and gave the company a “neutral” rating in a research note on Monday, April 20th. Finally, Bank of America reduced their price objective on PPG Industries from $118.00 to $116.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. One equities 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 stock. Based on data from MarketBeat, PPG Industries currently has an average rating of “Hold” and a consensus price target of $121.57.

Insider Transactions at PPG Industries

In related news, VP Anne M. Foulkes sold 3,594 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $124.61, for a total value of $447,848.34. Following the completion of the transaction, the vice president owned 15,641 shares of the company’s stock, valued at approximately $1,949,025.01. This trade represents a 18.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Vincent J. Morales sold 78,095 shares of PPG Industries stock in a transaction that occurred on Friday, February 13th. The stock was 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 111,361 shares of company stock valued at $14,387,293 over the last ninety days. Insiders own 0.33% of the company’s stock.

Hedge Funds Weigh In On PPG Industries

A number of large investors have recently made changes to their positions in PPG. Pacer Advisors Inc. grew its holdings in shares of PPG Industries by 21.7% during the 4th quarter. Pacer Advisors Inc. now owns 21,924 shares of the specialty chemicals company’s stock valued at $2,246,000 after acquiring an additional 3,910 shares in the last quarter. Compound Planning Inc. acquired a new stake in PPG Industries during the fourth quarter valued at $2,012,000. Invesco Ltd. boosted its position in PPG Industries by 5.9% during the fourth quarter. Invesco Ltd. now owns 3,597,874 shares of the specialty chemicals company’s stock valued at $368,638,000 after purchasing an additional 199,361 shares during the last quarter. Alberta Investment Management Corp purchased a new position in PPG Industries in the fourth quarter valued at about $1,414,000. Finally, Widmann Financial Services Inc. increased its position in PPG Industries by 1.8% in the 4th quarter. Widmann Financial Services Inc. now owns 9,153 shares of the specialty chemicals company’s stock worth $938,000 after purchasing an additional 166 shares during the last quarter. Institutional investors and hedge funds own 81.86% of the company’s stock.

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.