Royal Bank Of Canada Forecasts Strong Price Appreciation for PPG Industries (NYSE:PPG) Stock

PPG Industries (NYSE:PPG) had its price objective boosted by equities research analysts at Royal Bank Of Canada from $109.00 to $115.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “sector perform” rating on the specialty chemicals company’s stock. Royal Bank Of Canada’s target price would suggest a potential downside of 0.26% from the company’s current price.

Several other research firms have also recently issued reports on PPG. Wells Fargo & Company raised their target price on shares of PPG Industries from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday. Sanford C. Bernstein lowered their price target on PPG Industries from $129.00 to $123.00 and set an “outperform” rating for the company in a research report on Monday, November 24th. Evercore ISI reduced their price objective 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. JPMorgan Chase & Co. boosted their target price on PPG Industries from $112.00 to $117.00 and gave the stock an “overweight” rating in a report on Friday, November 21st. Finally, Citigroup raised their price target on shares of PPG Industries from $116.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $121.07.

PPG Industries Stock Up 1.2%

Shares of NYSE:PPG traded up $1.34 during midday trading on Thursday, reaching $115.30. The company’s stock had a trading volume of 626,296 shares, compared to its average volume of 2,211,910. 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 firm has a 50 day moving average of $104.38 and a 200-day moving average of $105.51. The firm has a market capitalization of $25.87 billion, a P/E ratio of 26.15, a PEG ratio of 3.23 and a beta of 1.17. PPG Industries has a 12-month low of $90.24 and a 12-month high of $123.30.

PPG Industries (NYSE:PPG) last posted its quarterly earnings data on Tuesday, January 27th. The specialty chemicals company reported $1.51 EPS for the quarter, missing the consensus estimate of $1.57 by ($0.06). PPG Industries had a return on equity of 22.67% and a net margin of 9.93%.The business had revenue of $3.91 billion for the quarter, compared to the consensus estimate of $3.77 billion. During the same period in the previous year, the firm earned $1.61 EPS. The company’s revenue was up 5.0% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, research analysts anticipate that PPG Industries will post 7.95 earnings per share for the current year.

Insider Activity at PPG Industries

In related news, CFO Vincent J. Morales sold 5,200 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $110.00, for a total value of $572,000.00. Following the transaction, the chief financial officer owned 28,439 shares in the company, valued at approximately $3,128,290. The trade was a 15.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.33% of the company’s stock.

Hedge Funds Weigh In On PPG Industries

Institutional investors and hedge funds have recently made changes to their positions in the business. Walnut Level Capital LLC grew its holdings in PPG Industries by 46.8% during the 2nd quarter. Walnut Level Capital LLC now owns 62,754 shares of the specialty chemicals company’s stock worth $7,138,000 after acquiring an additional 20,000 shares in the last quarter. GAM Holding AG increased its holdings in PPG Industries by 97.5% in the third quarter. GAM Holding AG now owns 21,281 shares of the specialty chemicals company’s stock valued at $2,237,000 after buying an additional 10,508 shares during the last quarter. Vest Financial LLC raised its stake in PPG Industries by 17.4% during the second quarter. Vest Financial LLC now owns 526,269 shares of the specialty chemicals company’s stock valued at $59,863,000 after buying an additional 78,022 shares in the last quarter. Columbia Advisory Partners LLC bought a new position in PPG Industries during the 2nd quarter worth approximately $318,000. Finally, Empower Advisory Group LLC grew its position in shares of PPG Industries by 9.3% in the 2nd quarter. Empower Advisory Group LLC now owns 77,252 shares of the specialty chemicals company’s stock worth $8,787,000 after acquiring an additional 6,559 shares in the last quarter. 81.86% of the stock is currently owned by hedge funds and other institutional investors.

Key PPG Industries News

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

• Positive Sentiment: Wells Fargo raised its PPG price target to $135 and reiterated an “overweight” rating — a notable bullish signal that implies material upside from current levels. Wells Fargo raises PPG price target to $135
• Positive Sentiment: Mizuho raised its price target to $125 with an “outperform” rating, adding analyst reinforcement to the stock’s upside case. Mizuho raises PPG target to $125
• Neutral Sentiment: Q4 revenue of $3.91B beat estimates and grew ~5% year‑over‑year, showing demand resilience across PPG’s coating segments — a positive underlying sales trend even as other metrics were mixed. PPG Industries Logs Higher Quarterly Revenue
• Negative Sentiment: Q4 EPS missed expectations ($1.51 vs. $1.57 consensus), which pressured near‑term sentiment despite the revenue beat. PPG Q4 earnings miss
• Negative Sentiment: Management set FY‑2026 EPS guidance at $7.70–$8.10, slightly below street consensus (~$8.06), which introduces near‑term growth uncertainty and likely weighed on the stock after the print. PPG reports fourth quarter and full-year 2025 financial results
• Negative Sentiment: Company commentary flagged softness in some European and industrial end markets for 2026, a regional demand risk investors will watch. PPG sees soft European, industrial markets in 2026

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.