PPG Industries (NYSE:PPG – Get Free Report) had its target price raised by analysts at Jefferies Financial Group from $115.00 to $125.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “hold” rating on the specialty chemicals company’s stock. Jefferies Financial Group’s price objective suggests a potential upside of 7.72% from the stock’s previous close.
PPG has been the subject of several other research reports. Citigroup increased their target price on shares of PPG Industries from $127.00 to $132.00 and gave the stock a “buy” rating in a research note on Thursday. KeyCorp restated a “sector weight” rating on shares of PPG Industries in a research report on Thursday. Wells Fargo & Company upped their price target on PPG Industries from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday. Zacks Research raised shares of PPG Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Finally, UBS Group lowered their target price on PPG Industries from $115.00 to $110.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $123.33.
Read Our Latest Report on PPG Industries
PPG Industries Stock Up 1.8%
PPG Industries (NYSE:PPG – Get Free Report) last issued its earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.57 by ($0.06). PPG Industries had a return on equity of 22.67% and a net margin of 9.93%.The business had revenue of $3.91 billion for the quarter, compared to analyst estimates of $3.77 billion. During the same period last year, the business posted $1.61 EPS. PPG Industries’s revenue was up 5.0% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, analysts predict that PPG Industries will post 7.95 EPS for the current year.
Insiders Place Their Bets
In other PPG Industries news, CFO Vincent J. Morales sold 5,200 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $110.00, for a total value of $572,000.00. Following the sale, the chief financial officer directly owned 28,439 shares in the company, valued at $3,128,290. This represents a 15.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.33% of the stock is owned by company insiders.
Hedge Funds Weigh In On PPG Industries
A number of institutional investors and hedge funds have recently added to or reduced their stakes in PPG. Whittier Trust Co. grew its position in shares of PPG Industries by 1.4% during the 4th quarter. Whittier Trust Co. now owns 6,658 shares of the specialty chemicals company’s stock worth $703,000 after buying an additional 89 shares during the period. Applied Capital LLC FL grew its holdings in PPG Industries by 1.5% during the fourth quarter. Applied Capital LLC FL now owns 6,406 shares of the specialty chemicals company’s stock valued at $656,000 after purchasing an additional 95 shares during the period. Concurrent Investment Advisors LLC grew its holdings in PPG Industries by 1.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 5,313 shares of the specialty chemicals company’s stock valued at $544,000 after purchasing an additional 95 shares during the period. Lazard Asset Management LLC increased its stake in PPG Industries by 6.6% in the second quarter. Lazard Asset Management LLC now owns 1,576 shares of the specialty chemicals company’s stock valued at $179,000 after purchasing an additional 97 shares in the last quarter. Finally, Waller Financial Planning Group Inc. raised its holdings in PPG Industries by 0.8% in the fourth quarter. Waller Financial Planning Group Inc. now owns 12,764 shares of the specialty chemicals company’s stock worth $1,308,000 after purchasing an additional 100 shares during the period. 81.86% of the stock is currently owned by institutional investors and hedge funds.
PPG Industries News Summary
Here are the key news stories impacting PPG Industries this week:
- Positive Sentiment: Multiple analyst upgrades and higher price targets support upside potential — Wells Fargo raised its target to $135 and kept an “overweight” rating (big upside vs. the current price), and Mizuho raised its target to $125 with an “outperform” rating. Article Title
- Positive Sentiment: Revenue beat and sales growth: PPG reported Q4 revenue of $3.91B, up ~5% year‑over‑year and ahead of estimates — a sign demand/pricing held up across coating segments. Article Title
- Positive Sentiment: Cash flow strength: operating cash from operations rose sharply y/y (reported ~ $685M), which supports balance sheet flexibility and buybacks/dividends. Article Title
- Neutral Sentiment: Analyst coverage & education pieces (Zacks, Seeking Alpha) discuss PPG as a value/earnings‑setup name; useful context for long‑term investors but not immediate catalysts. Article Title
- Neutral Sentiment: Company materials: the Q4 earnings call transcript and slide deck are available for deeper read on segment detail and management commentary. Article Title
- Negative Sentiment: EPS miss and weaker profitability metrics: Q4 EPS missed consensus ($1.51 reported vs. $1.57 expected) and disclosure of lower operating profit / net income pressures sentiment. Article Title
- Negative Sentiment: FY‑2026 guidance came in at $7.70–$8.10 EPS, slightly below the Street (~8.06), which tempers near‑term upside and explains some analyst caution. Article Title
- Negative Sentiment: Regional/market softness flagged by management (soft European and industrial markets) and press coverage amplified downside risk for cyclically sensitive end markets. Article Title
- Negative Sentiment: RBC raised its target to $115 but kept a “sector perform” rating — the target sits at/just below the current price, signaling limited near‑term upside from that shop. Article Title
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.
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