PPG Industries, Inc. (NYSE:PPG – Free Report) – Zacks Research reduced their FY2026 earnings per share (EPS) estimates for shares of PPG Industries in a research note issued on Monday, April 7th. Zacks Research analyst R. Department now anticipates that the specialty chemicals company will post earnings of $8.71 per share for the year, down from their previous estimate of $8.84. The consensus estimate for PPG Industries’ current full-year earnings is $7.95 per share. Zacks Research also issued estimates for PPG Industries’ Q4 2026 earnings at $1.73 EPS, Q1 2027 earnings at $2.10 EPS and FY2027 earnings at $9.33 EPS.
PPG Industries (NYSE:PPG – Get Free Report) last posted its earnings results on Thursday, January 30th. The specialty chemicals company reported $1.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.65 by ($0.04). PPG Industries had a return on equity of 23.78% and a net margin of 6.41%.
Check Out Our Latest Stock Analysis on PPG Industries
PPG Industries Price Performance
Shares of PPG opened at $103.37 on Wednesday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.13 and a current ratio of 1.58. The firm has a market capitalization of $23.46 billion, a PE ratio of 21.85, a P/E/G ratio of 2.19 and a beta of 1.16. The stock has a 50 day simple moving average of $111.31 and a 200 day simple moving average of $119.48. PPG Industries has a 52-week low of $90.24 and a 52-week high of $139.73.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bennett Associates Wealth Management bought a new position in shares of PPG Industries in the first quarter worth approximately $309,000. NBC Securities Inc. boosted its position in PPG Industries by 167,300.0% during the 1st quarter. NBC Securities Inc. now owns 1,674 shares of the specialty chemicals company’s stock valued at $183,000 after buying an additional 1,673 shares during the period. Czech National Bank grew its holdings in PPG Industries by 5.9% in the 1st quarter. Czech National Bank now owns 53,286 shares of the specialty chemicals company’s stock worth $5,827,000 after acquiring an additional 2,983 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of PPG Industries by 5.7% during the first quarter. Rhumbline Advisers now owns 426,027 shares of the specialty chemicals company’s stock worth $46,586,000 after purchasing an additional 22,999 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of PPG Industries by 11,737.2% in the first quarter. GAMMA Investing LLC now owns 724,553 shares of the specialty chemicals company’s stock worth $79,230,000 after purchasing an additional 718,432 shares during the last quarter. 81.86% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other news, CEO Timothy M. Knavish sold 4,800 shares of PPG Industries stock in a transaction on Friday, February 14th. The shares were sold at an average price of $118.35, for a total transaction of $568,080.00. Following the completion of the sale, the chief executive officer now directly owns 35,833 shares of the company’s stock, valued at approximately $4,240,835.55. The trade was a 11.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.33% of the stock is currently owned by company insiders.
PPG Industries Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 21st were issued a $0.68 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.72 annualized dividend and a dividend yield of 2.63%. PPG Industries’s payout ratio is currently 57.51%.
PPG Industries Company Profile
PPG Industries, Inc manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft.
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