FY2026 EPS Estimates for PPG Industries Lowered by Analyst

PPG Industries, Inc. (NYSE:PPG) – Zacks Research reduced their FY2026 earnings estimates for shares of PPG Industries in a note issued to investors on Monday, April 7th. Zacks Research analyst R. Department now forecasts that the specialty chemicals company will earn $8.71 per share for the year, down from their prior forecast 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.

A number of other research firms have also weighed in on PPG. Argus lowered shares of PPG Industries from a “buy” rating to a “hold” rating in a research note on Monday, March 10th. The Goldman Sachs Group dropped their price target on shares of PPG Industries from $153.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. UBS Group decreased their price objective on PPG Industries from $128.00 to $126.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Royal Bank of Canada dropped their target price on PPG Industries from $128.00 to $120.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 4th. Finally, KeyCorp downgraded PPG Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, December 16th. Nine research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, PPG Industries currently has a consensus rating of “Hold” and an average price target of $134.15.

PPG Industries Price Performance

Shares of PPG opened at $98.53 on Wednesday. The business’s fifty day moving average is $111.04 and its 200 day moving average is $119.28. PPG Industries has a 12-month low of $90.24 and a 12-month high of $139.01. The company has a quick ratio of 1.13, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. The stock has a market cap of $22.36 billion, a P/E ratio of 20.83, a P/E/G ratio of 2.19 and a beta of 1.16.

PPG Industries (NYSE:PPG) last announced its quarterly 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%.

Institutional Trading of PPG Industries

Hedge funds have recently made changes to their positions in the company. Park Square Financial Group LLC purchased a new stake in PPG Industries in the 4th quarter worth about $26,000. Legend Financial Advisors Inc. purchased a new stake in PPG Industries during the fourth quarter valued at about $27,000. Prudent Man Investment Management Inc. bought a new position in PPG Industries during the fourth quarter worth about $36,000. Albion Financial Group UT purchased a new position in shares of PPG Industries in the fourth quarter worth about $38,000. Finally, Crews Bank & Trust bought a new stake in shares of PPG Industries in the fourth quarter valued at approximately $42,000. 81.86% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other PPG Industries news, CEO Timothy M. Knavish sold 4,800 shares of the stock in a transaction on Friday, February 14th. The stock was sold at an average price of $118.35, for a total transaction of $568,080.00. Following the completion of the transaction, the chief executive officer now directly owns 35,833 shares of the company’s stock, valued at approximately $4,240,835.55. This represents a 11.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.33% of the stock is currently owned by corporate insiders.

PPG Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 21st were given a dividend of $0.68 per share. The ex-dividend date was Friday, February 21st. This represents a $2.72 annualized dividend and a yield of 2.76%. PPG Industries’s payout ratio is currently 57.51%.

About PPG Industries

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.