KeyCorp Has Bearish Forecast for PPG Industries Q2 Earnings

PPG Industries, Inc. (NYSE:PPG) – Analysts at KeyCorp dropped their Q2 2025 earnings estimates for PPG Industries in a report issued on Sunday, April 13th. KeyCorp analyst A. Yefremov now expects that the specialty chemicals company will earn $2.09 per share for the quarter, down from their prior forecast of $2.31. The consensus estimate for PPG Industries’ current full-year earnings is $7.95 per share. KeyCorp also issued estimates for PPG Industries’ Q4 2025 earnings at $1.70 EPS.

A number of other brokerages have also recently commented on PPG. Citigroup reduced their target price on shares of PPG Industries from $135.00 to $113.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. Wells Fargo & Company cut their price target on PPG Industries from $130.00 to $115.00 and set an “overweight” rating for the company in a report on Wednesday, April 9th. Barclays reaffirmed an “equal weight” rating on shares of PPG Industries in a research note on Monday, February 3rd. The Goldman Sachs Group cut their price objective on PPG Industries from $153.00 to $135.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Finally, StockNews.com downgraded shares of PPG Industries from a “buy” rating to a “hold” rating in a report on Monday, February 3rd. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $132.31.

PPG Industries Trading Down 1.8 %

Shares of NYSE:PPG opened at $99.63 on Tuesday. PPG Industries has a 52-week low of $90.24 and a 52-week high of $137.24. The stock has a market capitalization of $22.61 billion, a price-to-earnings ratio of 21.06, a PEG ratio of 2.19 and a beta of 1.16. 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 stock’s 50-day simple moving average is $110.28 and its two-hundred day simple moving average is $118.62.

PPG Industries (NYSE:PPG) last released its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $1.61 earnings per share for the quarter, missing the consensus estimate of $1.65 by ($0.04). PPG Industries had a net margin of 6.41% and a return on equity of 23.78%.

PPG Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 21st were paid a $0.68 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.73%. PPG Industries’s payout ratio is currently 57.51%.

Insider Transactions at PPG Industries

In other news, CEO Timothy M. Knavish sold 4,800 shares of PPG Industries stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $118.35, for a total value of $568,080.00. Following the completion of the transaction, the chief executive officer now owns 35,833 shares in the company, valued at approximately $4,240,835.55. The trade was a 11.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.33% of the company’s stock.

Institutional Trading of PPG Industries

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of PPG Industries by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 29,369,691 shares of the specialty chemicals company’s stock valued at $3,508,210,000 after acquiring an additional 756,937 shares during the period. Wellington Management Group LLP grew its holdings in PPG Industries by 17.7% during the 4th quarter. Wellington Management Group LLP now owns 10,567,051 shares of the specialty chemicals company’s stock valued at $1,262,234,000 after purchasing an additional 1,590,041 shares during the last quarter. Geode Capital Management LLC raised its position in PPG Industries by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 5,546,472 shares of the specialty chemicals company’s stock worth $660,752,000 after purchasing an additional 93,455 shares during the period. Invesco Ltd. lifted its stake in PPG Industries by 6.1% in the fourth quarter. Invesco Ltd. now owns 4,726,630 shares of the specialty chemicals company’s stock worth $564,596,000 after purchasing an additional 271,699 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its position in shares of PPG Industries by 482.2% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,337,649 shares of the specialty chemicals company’s stock valued at $518,132,000 after buying an additional 3,592,655 shares during the period. Hedge funds and other institutional investors own 81.86% of the company’s stock.

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.