UBS Group Boosts PPG Industries (NYSE:PPG) Price Target to $116.00

PPG Industries (NYSE:PPG) had its price objective lifted by investment analysts at UBS Group from $110.00 to $116.00 in a note issued to investors on Thursday,MarketScreener reports. The firm currently has a “neutral” rating on the specialty chemicals company’s stock. UBS Group’s target price indicates a potential upside of 7.88% from the stock’s previous close.

A number of other analysts have also recently weighed in on the company. JPMorgan Chase & Co. lowered their price objective on PPG Industries from $126.00 to $125.00 in a research report on Thursday. Wells Fargo & Company lowered their price objective on PPG Industries from $135.00 to $130.00 and set an “overweight” rating for the company in a research report on Friday, April 10th. Evercore raised their price objective on PPG Industries from $112.00 to $128.00 in a research report on Wednesday, February 18th. BNP Paribas Exane raised their price objective on PPG Industries from $115.00 to $116.00 in a research report on Thursday. Finally, Zacks Research raised PPG Industries from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Six equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $122.07.

PPG Industries Trading Down 0.9%

Shares of NYSE:PPG opened at $107.52 on Thursday. PPG Industries has a 12-month low of $93.39 and a 12-month high of $133.43. The business’s fifty day simple moving average is $109.44 and its 200-day simple moving average is $107.41. The company has a market capitalization of $24.06 billion, a PE ratio of 15.34, a P/E/G ratio of 1.50 and a beta of 1.06. The company has a current ratio of 1.61, a quick ratio of 1.22 and a debt-to-equity ratio of 0.78.

PPG Industries (NYSE:PPG) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.05. The firm had revenue of $3.93 billion during the quarter, compared to analysts’ expectations of $3.85 billion. PPG Industries had a return on equity of 21.68% and a net margin of 9.83%.The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.72 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, equities research analysts predict that PPG Industries will post 7.95 earnings per share for the current fiscal year.

Insider Transactions at PPG Industries

In other PPG Industries news, VP Anne M. Foulkes sold 3,594 shares of PPG Industries stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $124.61, for a total transaction of $447,848.34. Following the completion of the transaction, the vice president owned 15,641 shares in the company, valued at approximately $1,949,025.01. This trade represents a 18.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Vincent J. Morales sold 78,095 shares of PPG Industries stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $131.00, for a total value of $10,230,445.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 111,361 shares of company stock valued at $14,387,293 in the last quarter. Company insiders own 0.33% of the company’s stock.

Hedge Funds Weigh In On PPG Industries

Institutional investors have recently modified their holdings of the stock. Steigerwald Gordon & Koch Inc. purchased a new position in shares of PPG Industries during the 3rd quarter valued at about $26,000. Dorato Capital Management purchased a new position in shares of PPG Industries during the 4th quarter valued at about $26,000. Resources Management Corp CT ADV raised its stake in shares of PPG Industries by 900.0% during the 4th quarter. Resources Management Corp CT ADV now owns 250 shares of the specialty chemicals company’s stock valued at $26,000 after buying an additional 225 shares during the last quarter. Quarry LP purchased a new position in shares of PPG Industries during the 3rd quarter valued at about $26,000. Finally, Root Financial Partners LLC purchased a new position in shares of PPG Industries in the 3rd quarter valued at about $30,000. Hedge funds and other institutional investors own 81.86% of the company’s stock.

Key Stories Impacting PPG Industries

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

• Positive Sentiment: PPG beat Q1 estimates and reaffirmed FY‑2026 guidance ($7.70–$8.10 EPS); management highlighted pricing power and sales growth, which supports longer‑term earnings expectations. Earnings Highlights
• Positive Sentiment: Mizuho raised its price target to $125 and kept an “outperform” rating — a material upward revision that signals analyst confidence in PPG’s recovery and supports upside sentiment. Mizuho PT Raise
• Neutral Sentiment: BNP Paribas nudged its target to $116 — a modest upgrade that marginally raises consensus valuation but is not a major change to the market narrative. BNP PT Raise
• Neutral Sentiment: UBS increased its price target to $116 while maintaining a “neutral” rating — another small lift but still a neutral stance from a large shop. UBS PT Raise
• Neutral Sentiment: Citigroup slightly raised its target to $114 and kept a neutral rating — consistent with a cautious tone despite the beat. Citigroup PT Raise
• Neutral Sentiment: PPG’s IT team received recognition as “Tech Team of the Year,” which is positive for operational capability but unlikely to move near‑term valuation materially. IT Team Award
• Negative Sentiment: Autobody reporting highlighted a decline in the refinish segment driven by distributor destocking — an operational headwind that trimmed segment revenue and likely pressured near‑term margin visibility. Refinish Decline
• Negative Sentiment: JPMorgan trimmed its target slightly to $125 (from $126) — a small negative signal relative to some larger upward revisions and a reminder of differing analyst views on upside. JPMorgan PT Trim

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.