Mitsubishi UFJ Trust & Banking Corp Sells 158,103 Shares of PPG Industries, Inc. $PPG

Mitsubishi UFJ Trust & Banking Corp lessened its holdings in PPG Industries, Inc. (NYSE:PPG) by 48.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 167,566 shares of the specialty chemicals company’s stock after selling 158,103 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in PPG Industries were worth $17,169,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Wellington Management Group LLP grew its stake in shares of PPG Industries by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 15,159,770 shares of the specialty chemicals company’s stock valued at $1,593,443,000 after purchasing an additional 2,521,004 shares during the period. First Eagle Investment Management LLC lifted its position in shares of PPG Industries by 12.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 6,263,829 shares of the specialty chemicals company’s stock worth $658,391,000 after buying an additional 703,549 shares during the period. Franklin Resources Inc. boosted its stake in PPG Industries by 39.4% in the 3rd quarter. Franklin Resources Inc. now owns 4,695,477 shares of the specialty chemicals company’s stock valued at $493,542,000 after buying an additional 1,326,619 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in PPG Industries by 15.7% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 3,946,145 shares of the specialty chemicals company’s stock valued at $414,779,000 after buying an additional 535,095 shares in the last quarter. Finally, Invesco Ltd. grew its position in PPG Industries by 2.2% in the third quarter. Invesco Ltd. now owns 3,398,513 shares of the specialty chemicals company’s stock valued at $357,218,000 after acquiring an additional 72,692 shares during the period. Institutional investors own 81.86% of the company’s stock.

Trending Headlines about PPG Industries

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

• Positive Sentiment: Q1 results beat consensus — PPG reported EPS and revenue that topped estimates, helped by pricing strength and currency gains, which supports the company’s ability to absorb higher costs. PPG Beats Q1 Estimates
• Positive Sentiment: Management reaffirmed FY2026 EPS guidance of $7.70–$8.10 and outlined plans to offset mid‑single‑digit COGS inflation with low single‑digit pricing — a sign of pricing power and margin defense. Reaffirms 2026 EPS Guidance
• Positive Sentiment: Analysts note pricing power from the earnings call — highlights from the call emphasize the company’s ability to pass through costs, which supports margin outlook. Earnings Call Highlights
• Positive Sentiment: Mizuho raised its price target to $125 and kept an “outperform” rating, signaling stronger analyst conviction and creating potential upside relative to the current price. Mizuho Raises PT to $125
• Neutral Sentiment: Citigroup nudged its target to $114 but maintained a “neutral” rating — a small lift to valuation expectations but no change in conviction. Citigroup Raises PT to $114
• Negative Sentiment: Refinish segment weakness from distributor destocking pressured volumes in the quarter — a near‑term demand headwind that investors will watch for normalization in coming quarters. Refinish Decline on Distributor Destocking

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of PPG Industries in a research note on Wednesday, January 28th. Sanford C. Bernstein increased their target price on shares of PPG Industries from $123.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of PPG Industries from $120.00 to $130.00 in a report on Friday, March 27th. Evercore boosted their price target on shares of PPG Industries from $112.00 to $128.00 in a research report on Wednesday, February 18th. Finally, Royal Bank Of Canada raised their price objective on shares of PPG Industries from $114.00 to $119.00 and gave the stock a “sector perform” rating in a report on Thursday, April 16th. Six research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $121.64.

Insider Activity 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 sale, the vice president owned 15,641 shares of the company’s stock, valued at $1,949,025.01. This trade represents a 18.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Vincent J. Morales sold 78,095 shares of the business’s 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 disclosure for this sale is available in the SEC filing. Insiders have sold 111,361 shares of company stock worth $14,387,293 over the last three months. 0.33% of the stock is owned by insiders.

PPG Industries Price Performance

Shares of PPG stock opened at $108.70 on Friday. PPG Industries, Inc. has a 52 week low of $93.39 and a 52 week high of $133.43. The stock has a market capitalization of $24.33 billion, a PE ratio of 15.51, a PEG ratio of 1.45 and a beta of 1.16. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.22 and a current ratio of 1.61. The stock’s fifty day moving average is $109.44 and its 200-day moving average is $107.41.

PPG Industries (NYSE:PPG) last issued its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.05. PPG Industries had a net margin of 9.83% and a return on equity of 21.90%. The business had revenue of $3.93 billion for the quarter, compared to the consensus estimate of $3.85 billion. During the same quarter in the prior year, the company earned $1.72 EPS. The firm’s quarterly 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. Equities research analysts expect that PPG Industries, Inc. will post 7.94 EPS for the current fiscal year.

PPG Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Monday, May 11th will be given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, May 11th. PPG Industries’s dividend payout ratio is presently 40.51%.

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.