PPG Industries (NYSE:PPG) Releases Quarterly Earnings Results, Misses Expectations By $0.06 EPS

PPG Industries (NYSE:PPG) posted its earnings results on Tuesday. The specialty chemicals company reported $1.51 earnings per share for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.06), Zacks reports. PPG Industries had a net margin of 6.35% and a return on equity of 23.61%. The company had revenue of $3.91 billion during the quarter, compared to the consensus estimate of $3.77 billion. During the same quarter in the prior year, the business earned $1.61 EPS. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. PPG Industries updated its FY 2026 guidance to 7.700-8.100 EPS.

PPG Industries Stock Down 2.0%

Shares of NYSE PPG opened at $110.37 on Wednesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.47 and a quick ratio of 1.08. The stock has a market capitalization of $24.77 billion, a PE ratio of 25.03, a P/E/G ratio of 3.34 and a beta of 1.17. PPG Industries has a one year low of $90.24 and a one year high of $124.54. The business’s fifty day moving average price is $103.99 and its 200-day moving average price is $105.45.

PPG Industries Announces Dividend

The company also recently declared 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%.

Insider Transactions at PPG Industries

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

Institutional Trading of PPG Industries

A number of institutional investors have recently modified their holdings of the business. Hotchkis & Wiley Capital Management LLC grew its stake in PPG Industries by 15.7% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 3,946,145 shares of the specialty chemicals company’s stock valued at $414,779,000 after buying an additional 535,095 shares in the last quarter. AQR Capital Management LLC lifted its holdings in PPG Industries by 453.0% during the 2nd quarter. AQR Capital Management LLC now owns 647,886 shares of the specialty chemicals company’s stock worth $73,632,000 after purchasing an additional 530,732 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in PPG Industries during the 3rd quarter valued at about $28,088,000. Amundi lifted its holdings in shares of PPG Industries by 27.8% in the third quarter. Amundi now owns 1,149,348 shares of the specialty chemicals company’s stock worth $118,981,000 after buying an additional 250,255 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in PPG Industries by 79.7% during the third quarter. BNP Paribas Financial Markets now owns 550,947 shares of the specialty chemicals company’s stock valued at $57,910,000 after acquiring an additional 244,310 shares in the last quarter. 81.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PPG has been the subject of several recent analyst reports. Sanford C. Bernstein reduced their target price on shares of PPG Industries from $129.00 to $123.00 and set an “outperform” rating for the company in a research note on Monday, November 24th. BNP Paribas Exane decreased their price objective on shares of PPG Industries from $113.00 to $112.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Weiss Ratings restated a “hold (c-)” rating on shares of PPG Industries in a research note on Friday, October 31st. Evercore ISI reduced their target price on PPG Industries from $145.00 to $112.00 and set an “in-line” rating for the company in a report on Tuesday, November 11th. Finally, Bank of America dropped their price target on PPG Industries from $118.00 to $116.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, PPG Industries has a consensus rating of “Moderate Buy” and an average target price of $120.86.

PPG Industries News Roundup

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

• Positive Sentiment: Revenue and top-line momentum — Q4 sales grew about 5% to $3.91B, ahead of consensus, driven by higher prices and volume that lifted gross profit. WSJ: PPG Industries Logs Higher Quarterly Revenue
• Positive Sentiment: Stronger cash generation and liquidity — operating cash flow increased substantially year/year (reported ~+$685M) and cash & equivalents rose, improving short‑term liquidity and balance-sheet flexibility. QuiverQuant: Q4 Results
• Positive Sentiment: Commercial win — PPG was named sole supplier of refinish coatings for Quality Collision Group (95+ sites), supporting recurring revenue in automotive refinish. BusinessWire: Quality Collision Group Deal
• Neutral Sentiment: Analyst positioning and targets remain mixed-to-favorable — several firms maintain Buy/Overweight ratings and price targets around the mid/high $100s range (median ~$118.5), which provides some support absent further operational misses. QuiverQuant: Analyst Ratings & Targets
• Negative Sentiment: EPS missed estimates — reported EPS missed consensus (reported ~$1.51 vs. est. ~$1.57), which investors view as a signal that margin pressure offset the top‑line gain. Investing.com: EPS Miss
• Negative Sentiment: FY‑2026 guidance below consensus — management set EPS guidance of $7.70–$8.10 vs. the Street at ~$8.06, suggesting more modest margin or volume improvement than investors expected. (Company guidance / slides). PPG Press Release / Guidance
• Negative Sentiment: Soft regional and end‑market outlook — management flagged softer European and industrial markets for 2026, which raises downside risk to growth and margins in those segments. MSN: Soft European/Industrial Outlook
• Negative Sentiment: Profitability pressure — operating profit and net income declined year-over-year, indicating margin compression despite higher revenue. QuiverQuant: Margin Details

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.