NewEdge Advisors LLC Boosts Stock Holdings in PPG Industries, Inc. $PPG

NewEdge Advisors LLC grew its stake in shares of PPG Industries, Inc. (NYSE:PPG) by 41.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,345 shares of the specialty chemicals company’s stock after buying an additional 5,700 shares during the quarter. NewEdge Advisors LLC’s holdings in PPG Industries were worth $2,068,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Dorato Capital Management bought a new stake in shares of PPG Industries in the 4th quarter valued at about $26,000. Resources Management Corp CT ADV grew its position in 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 worth $26,000 after acquiring an additional 225 shares during the last quarter. Quarry LP purchased a new position in PPG Industries in the 3rd quarter worth approximately $26,000. Aster Capital Management DIFC Ltd purchased a new position in PPG Industries in the 4th quarter worth approximately $30,000. Finally, DV Equities LLC bought a new stake in PPG Industries in the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 81.86% of the company’s stock.

Key Headlines Impacting PPG Industries

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

• Positive Sentiment: PPG’s reaffirmed 2026 earnings guidance and planned share repurchases could support per-share earnings and suggest management remains confident in its outlook. One analysis estimates the stock may be about 11% undervalued. PPG Industries could be 11% undervalued
• Positive Sentiment: PPG continues to attract attention as a dividend stock, offering income support that may appeal to long-term investors while the share price remains below its prior-year high. Why PPG is a great dividend stock
• Neutral Sentiment: Citigroup cut its PPG price target to $121 from $125 while maintaining a neutral rating. UBS lowered its target to $125 from $130 and also kept a neutral rating, while RBC reduced its target to $122 from $129 with a sector-perform rating. The revised targets still imply upside from the current share level, but the cuts signal more cautious near-term expectations. Citigroup lowers PPG price target
• Negative Sentiment: Recent coverage highlights a critical test for PPG’s coatings demand and margins. Investors are watching whether the company can convert revenue growth into stronger profitability amid potentially difficult market conditions. PPG faces a crucial coatings test PPG faces a critical margin test

Analyst Ratings Changes

PPG has been the subject of a number of analyst reports. JPMorgan Chase & Co. dropped their price objective on PPG Industries from $126.00 to $125.00 in a research note on Thursday, April 30th. Wells Fargo & Company decreased their target price on shares of PPG Industries from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. Bank of America raised shares of PPG Industries from a “neutral” rating to a “buy” rating and increased their price target for the company from $127.00 to $134.00 in a research report on Friday, July 17th. Wall Street Zen lowered shares of PPG Industries from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings upgraded shares of PPG Industries from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, June 17th. Seven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $126.00.

PPG Industries Price Performance

Shares of PPG stock opened at $110.64 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.17 and a current ratio of 1.58. PPG Industries, Inc. has a fifty-two week low of $93.39 and a fifty-two week high of $133.43. The firm has a market cap of $24.60 billion, a P/E ratio of 15.85, a P/E/G ratio of 1.65 and a beta of 1.05. The business’s 50 day moving average price is $116.74 and its 200-day moving average price is $113.61.

PPG Industries (NYSE:PPG) last announced its earnings results on Tuesday, July 28th. The specialty chemicals company reported $2.23 EPS for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.02). PPG Industries had a net margin of 9.57% and a return on equity of 21.07%. The business had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the prior year, the company earned $2.22 EPS. PPG Industries’s revenue was up 7.2% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, equities research analysts anticipate that PPG Industries, Inc. will post 7.92 earnings per share for the current year.

PPG Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 10th will be given a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, August 10th. This is an increase from PPG Industries’s previous quarterly dividend of $0.71. PPG Industries’s payout ratio is presently 40.69%.

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.