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

PPG Industries (NYSE:PPG) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 7.700-8.100 for the period, compared to the consensus estimate of 8.060. The company issued revenue guidance of -.

PPG Industries Stock Performance

PPG stock traded down $2.28 during midday trading on Tuesday, hitting $110.37. The company’s stock had a trading volume of 2,869,135 shares, compared to its average volume of 1,767,899. The stock has a market cap of $24.77 billion, a price-to-earnings ratio of 25.03, a PEG ratio of 3.34 and a beta of 1.17. The company has a quick ratio of 1.08, a current ratio of 1.47 and a debt-to-equity ratio of 0.74. The stock’s 50-day moving average price is $103.68 and its 200 day moving average price is $105.50. PPG Industries has a 1 year low of $90.24 and a 1 year high of $124.54.

PPG Industries (NYSE:PPG) last released its earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.60 by ($0.09). PPG Industries had a return on equity of 23.61% and a net margin of 6.35%.The business’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.61 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, equities analysts forecast that PPG Industries will post 7.95 EPS for the current year.

PPG Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 20th 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 of this dividend is Friday, February 20th. PPG Industries’s dividend payout ratio is currently 64.40%.

Wall Street Analysts Forecast Growth

PPG has been the topic of a number of research reports. BNP Paribas Exane lowered their price target 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. Evercore ISI lowered their target price on PPG Industries from $145.00 to $112.00 and set an “in-line” rating on the stock in a research note on Tuesday, November 11th. UBS Group dropped their price target on PPG Industries from $115.00 to $110.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Citigroup lifted their price objective on PPG Industries from $116.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. Finally, Berenberg Bank dropped their price objective on shares of PPG Industries from $131.00 to $110.00 and set a “hold” rating on the stock in a report on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, PPG Industries currently has an average rating of “Moderate Buy” and an average price target of $120.86.

Insiders Place Their Bets

In other PPG Industries news, CFO Vincent J. Morales sold 5,200 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $110.00, for a total value of $572,000.00. Following the sale, the chief financial officer directly owned 28,439 shares in the company, valued at $3,128,290. This represents a 15.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On PPG Industries

Large investors have recently added to or reduced their stakes in the business. Coldstream Capital Management Inc. increased its stake in PPG Industries by 22.6% in the 3rd quarter. Coldstream Capital Management Inc. now owns 4,119 shares of the specialty chemicals company’s stock worth $433,000 after acquiring an additional 758 shares during the last quarter. Danske Bank A S purchased a new position in shares of PPG Industries during the third quarter worth about $14,948,000. Caitong International Asset Management Co. Ltd purchased a new stake in PPG Industries in the third quarter valued at approximately $72,000. Morningstar Investment Management LLC purchased a new stake in PPG Industries in the third quarter valued at approximately $3,461,000. Finally, CANADA LIFE ASSURANCE Co lifted its position in PPG Industries by 34.6% during the third quarter. CANADA LIFE ASSURANCE Co now owns 411,015 shares of the specialty chemicals company’s stock valued at $42,746,000 after purchasing an additional 105,693 shares during the last quarter. Institutional investors 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.