PPG Industries (NYSE:PPG) Stock Acquired Rep. Lloyd Doggett

Representative Lloyd Doggett (D-Texas) recently bought shares of PPG Industries, Inc. (NYSE:PPG). In a filing disclosed on January 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in PPG Industries stock on December 12th.

Representative Lloyd Doggett also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 12/18/2025.
  • Purchased $1,001 – $15,000 in shares of CocaCola (NYSE:KO) on 12/15/2025.
  • Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 12/12/2025.
  • Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 12/9/2025.

PPG Industries Stock Up 0.1%

PPG stock traded up $0.07 during trading on Tuesday, hitting $105.28. 176,550 shares of the company’s stock were exchanged, compared to its average volume of 1,215,114. The business has a 50-day moving average price of $100.07 and a two-hundred day moving average price of $106.17. The stock has a market capitalization of $23.63 billion, a price-to-earnings ratio of 23.87, a PEG ratio of 2.71 and a beta of 1.17. PPG Industries, Inc. has a 52-week low of $90.24 and a 52-week high of $124.74. The company has a current ratio of 1.47, a quick ratio of 1.08 and a debt-to-equity ratio of 0.74.

PPG Industries (NYSE:PPGGet Free Report) last released its quarterly earnings data on Tuesday, October 28th. The specialty chemicals company reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $2.09 by $0.04. The company had revenue of $4.08 billion for the quarter, compared to analysts’ expectations of $4.06 billion. PPG Industries had a net margin of 6.35% and a return on equity of 23.61%. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the company earned $2.13 earnings per share. PPG Industries has set its FY 2025 guidance at 7.600-7.700 EPS. As a group, equities research analysts expect that PPG Industries, Inc. will post 7.95 EPS for the current year.

PPG Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Monday, November 10th were given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, November 10th. PPG Industries’s dividend payout ratio (DPR) is 64.40%.

Hedge Funds Weigh In On PPG Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of PPG. CGN Advisors LLC lifted its stake in shares of PPG Industries by 18.8% in the 4th quarter. CGN Advisors LLC now owns 14,982 shares of the specialty chemicals company’s stock worth $1,535,000 after acquiring an additional 2,375 shares during the period. Rosenberg Matthew Hamilton lifted its holdings in shares of PPG Industries by 226.7% in the 4th quarter. Rosenberg Matthew Hamilton now owns 624 shares of the specialty chemicals company’s stock valued at $64,000 after buying an additional 433 shares during the period. Allworth Financial LP grew its holdings in PPG Industries by 4.7% during the third quarter. Allworth Financial LP now owns 3,749 shares of the specialty chemicals company’s stock worth $394,000 after acquiring an additional 169 shares during the period. IFP Advisors Inc raised its position in PPG Industries by 31.0% in the third quarter. IFP Advisors Inc now owns 3,202 shares of the specialty chemicals company’s stock worth $340,000 after acquiring an additional 758 shares in the last quarter. Finally, Swiss Life Asset Management Ltd lifted its holdings in PPG Industries by 4.3% in the third quarter. Swiss Life Asset Management Ltd now owns 64,965 shares of the specialty chemicals company’s stock valued at $6,828,000 after acquiring an additional 2,667 shares during the period. 81.86% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Berenberg Bank reduced their price target on shares of PPG Industries from $131.00 to $110.00 and set a “hold” rating for the company in a research report on Thursday, December 4th. Sanford C. Bernstein decreased their target price 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. Wells Fargo & Company dropped their price target on PPG Industries from $132.00 to $130.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Mizuho reduced their price objective on PPG Industries from $135.00 to $125.00 and set an “outperform” rating for the company in a research note on Friday, October 3rd. Finally, Citigroup raised their target price on shares of PPG Industries from $116.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, PPG Industries currently has an average rating of “Hold” and a consensus price target of $122.54.

View Our Latest Stock Analysis on PPG

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

PPG Industries Company Profile

(Get Free Report)

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.

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