PPG Industries (NYSE:PPG) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

PPG Industries (NYSE:PPG) had its price target raised by stock analysts at Jefferies Financial Group from $115.00 to $125.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “hold” rating on the specialty chemicals company’s stock. Jefferies Financial Group’s target price points to a potential upside of 8.15% from the company’s current price.

PPG has been the topic of several other research reports. Mizuho increased their price target on shares of PPG Industries from $118.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday. Weiss Ratings reissued a “hold (c-)” rating on shares of PPG Industries in a research report on Friday, October 31st. Wells Fargo & Company boosted their price target on PPG Industries from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday. Zacks Research raised PPG Industries from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Finally, BNP Paribas Exane reduced their target price on PPG Industries from $113.00 to $112.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, PPG Industries presently has a consensus rating of “Hold” and a consensus target price of $123.33.

PPG Industries Stock Down 0.8%

PPG opened at $115.58 on Thursday. The company has a market capitalization of $25.94 billion, a PE ratio of 16.65, a price-to-earnings-growth ratio of 3.50 and a beta of 1.17. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.47 and a quick ratio of 1.08. PPG Industries has a fifty-two week low of $90.24 and a fifty-two week high of $120.91. The business has a 50-day moving average of $105.14 and a 200-day moving average of $105.58.

PPG Industries (NYSE:PPG) last announced its quarterly earnings results 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). The firm had revenue of $3.91 billion during the quarter, compared to the consensus estimate of $3.77 billion. PPG Industries had a net margin of 9.93% and a return on equity of 22.67%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.61 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Equities research analysts forecast that PPG Industries will post 7.95 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Vincent J. Morales sold 5,200 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $110.00, for a total transaction of $572,000.00. Following the completion of the transaction, the chief financial officer directly owned 28,439 shares in the company, valued at $3,128,290. The trade was a 15.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.33% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On PPG Industries

Several hedge funds and other institutional investors have recently modified their holdings of PPG. Whittier Trust Co. increased its position in PPG Industries by 1.4% during the fourth quarter. Whittier Trust Co. now owns 6,658 shares of the specialty chemicals company’s stock worth $703,000 after acquiring an additional 89 shares during the period. Applied Capital LLC FL grew its position in PPG Industries by 1.5% in the 4th quarter. Applied Capital LLC FL now owns 6,406 shares of the specialty chemicals company’s stock worth $656,000 after purchasing an additional 95 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of PPG Industries by 1.8% during the 4th quarter. Concurrent Investment Advisors LLC now owns 5,313 shares of the specialty chemicals company’s stock worth $544,000 after purchasing an additional 95 shares during the period. Lazard Asset Management LLC raised its position in shares of PPG Industries by 6.6% during the second quarter. Lazard Asset Management LLC now owns 1,576 shares of the specialty chemicals company’s stock valued at $179,000 after buying an additional 97 shares during the last quarter. Finally, Waller Financial Planning Group Inc. raised its position in shares of PPG Industries by 0.8% during the fourth quarter. Waller Financial Planning Group Inc. now owns 12,764 shares of the specialty chemicals company’s stock valued at $1,308,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds own 81.86% of the company’s stock.

Key PPG Industries News

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

• Positive Sentiment: Multiple major brokers raised price targets and/or upgraded stance, suggesting renewed analyst confidence and upside (notable moves: Wells Fargo to $135, Goldman Sachs to $132, Citi to $132, JPMorgan to $126, Jefferies to $125, UBS to $122). Goldman Sachs Price Target Benzinga roundup
• Positive Sentiment: Management and analysts point to a gradual 2026 rebound: PPG set FY‑2026 EPS guidance (7.70–8.10) and management highlighted aerospace momentum and operational cost reductions as drivers of mid‑single‑digit EPS growth. This underpins the recent analyst upgrades. Seeking Alpha: Guidance and drivers
• Positive Sentiment: Citi has become more constructive—raising its target and highlighting emerging housing tailwinds that could boost coatings demand, a specific end‑market benefit for PPG. InsiderMonkey: Citi view
• Neutral Sentiment: Some upgrades came with neutral/hold ratings (e.g., UBS moved to neutral, Jefferies to hold), indicating that while the outlook is improving, not all analysts see clear near‑term upside—suggesting further share gains may depend on sustained execution. Benzinga: Analyst notes
• Negative Sentiment: Operational risk: PPG’s refinish sales have slipped as OEM coatings outpace the market, a segment headwind that could weigh on near‑term organic growth and margins if it continues. AutobodyNews: Refinish sales slide

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.