PPG Industries (NYSE:PPG) Price Target Lowered to $125.00 at UBS Group

PPG Industries (NYSE:PPG) had its target price decreased by UBS Group from $130.00 to $125.00 in a report published on Thursday morning,Benzinga reports. UBS Group currently has a neutral rating on the specialty chemicals company’s stock.

Several other equities analysts have also recently issued reports on PPG. Mizuho upped their price objective on PPG Industries from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Royal Bank Of Canada lowered their target price on shares of PPG Industries from $129.00 to $122.00 and set a “sector perform” rating on the stock in a research note on Thursday. Citigroup dropped their target price on shares of PPG Industries from $125.00 to $121.00 and set a “neutral” rating on the stock in a report on Thursday. Weiss Ratings upgraded PPG Industries from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, June 17th. Finally, Wall Street Zen upgraded shares of PPG Industries from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Seven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $126.00.

PPG Industries Stock Performance

Shares of PPG stock opened at $112.05 on Thursday. PPG Industries has a one year low of $93.39 and a one year high of $133.43. The company’s 50-day moving average is $116.69 and its 200 day moving average is $113.63. The company has a market capitalization of $24.98 billion, a price-to-earnings ratio of 16.05, a price-to-earnings-growth ratio of 1.65 and a beta of 1.05. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.17 and a current ratio of 1.58.

PPG Industries (NYSE:PPG) last issued its earnings results on Tuesday, July 28th. The specialty chemicals company reported $2.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.25 by ($0.02). PPG Industries had a return on equity of 21.39% and a net margin of 9.57%.The firm had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.37 billion. During the same period last year, the firm posted $2.22 earnings per share. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Sell-side analysts expect that PPG Industries will post 7.93 EPS for the current fiscal year.

PPG Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Monday, August 10th will be paid a dividend of $0.74 per share. This is a positive change from PPG Industries’s previous quarterly dividend of $0.71. The ex-dividend date is Monday, August 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 2.6%. PPG Industries’s dividend payout ratio is presently 42.41%.

Institutional Investors Weigh In On PPG Industries

A number of institutional investors have recently bought and sold shares of PPG. Dorato Capital Management bought a new stake in PPG Industries during the 4th quarter valued at approximately $26,000. Quarry LP bought a new position in PPG Industries in the 3rd quarter worth approximately $26,000. Resources Management Corp CT ADV grew its holdings 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 valued at $26,000 after buying an additional 225 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of PPG Industries during the fourth quarter valued at approximately $30,000. Finally, Elevation Wealth Partners LLC raised its position in shares of PPG Industries by 1,468.4% during the second quarter. Elevation Wealth Partners LLC now owns 298 shares of the specialty chemicals company’s stock valued at $36,000 after buying an additional 279 shares during the last quarter. Hedge funds and other institutional investors own 81.86% of the company’s stock.

More PPG Industries News

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

• Positive Sentiment: Sales growth and guidance support the outlook. PPG’s second-quarter revenue increased 7.2% year over year to $4.50 billion, exceeding estimates of $4.37 billion, while organic growth reached 4%. Management maintained its fiscal 2026 adjusted EPS guidance of $7.70–$8.10, supporting the case that recent operating momentum can continue. PPG Q2 Earnings Lag Estimates Despite Strong Sales Growth
• Positive Sentiment: Buybacks and dividend appeal may provide valuation support. An analysis suggests PPG could be approximately 11% undervalued based on reaffirmed guidance and share repurchases. Another report highlights the company’s attractiveness to income-focused investors because of its dividend profile. PPG Industries Could Be 11% Undervalued
• Positive Sentiment: Data centers are emerging as a potential growth driver. Demand linked to data-center construction could benefit PPG’s coatings business and provide an additional source of industrial growth. Data Centers Emerge as Growth Drivers
• Neutral Sentiment: Analysts remain cautious but still see some upside. UBS, Citigroup and RBC reduced their price targets to $125, $121 and $122, respectively, while maintaining neutral or sector-perform ratings. The cuts imply roughly 8%–12% upside from the reference price but signal limited near-term conviction.
• Negative Sentiment: The EPS miss and margin concerns weigh on sentiment. Adjusted second-quarter EPS of $2.23 fell short of the $2.25 consensus despite broad segment gains. Recent coverage frames coatings demand and margins as crucial tests, increasing investor focus on pricing, costs and profitability. PPG Industries Slides as Earnings Miss Overshadows Revenue Beat

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.