PPG Industries (NYSE:PPG) Price Target Raised to $130.00 at Sanford C. Bernstein

PPG Industries (NYSE:PPG) had its price objective hoisted by Sanford C. Bernstein from $123.00 to $130.00 in a research note issued on Friday,MarketScreener reports. The brokerage currently has an “outperform” rating on the specialty chemicals company’s stock. Sanford C. Bernstein’s price objective would indicate a potential upside of 12.47% from the stock’s current price.

Other research analysts have also issued research reports about the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of PPG Industries in a research note on Wednesday. BNP Paribas Exane reduced their price target on PPG Industries from $113.00 to $112.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. Evercore ISI decreased their price objective on PPG Industries from $145.00 to $112.00 and set an “in-line” rating for the company in a report on Tuesday, November 11th. Citigroup upped their target price on PPG Industries from $127.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Mizuho increased their price target on PPG Industries from $118.00 to $125.00 and gave the company an “outperform” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $123.80.

PPG Industries Stock Down 0.8%

NYSE PPG opened at $115.58 on Friday. The stock has a 50 day moving average price of $105.14 and a 200-day moving average price of $105.58. PPG Industries has a one year low of $90.24 and a one year high of $120.91. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.08 and a current ratio of 1.47. The company has a market capitalization of $25.94 billion, a P/E ratio of 16.65, a P/E/G ratio of 3.50 and a beta of 1.17.

PPG Industries (NYSE:PPG) last posted its quarterly earnings data on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($0.06). The company had revenue of $3.91 billion during the quarter, compared to the consensus estimate of $3.77 billion. PPG Industries had a net margin of 9.93% and a return on equity of 22.67%. PPG Industries’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.61 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, equities analysts predict that PPG Industries will post 7.95 EPS for the current fiscal year.

Insider Activity at PPG Industries

In related news, CFO Vincent J. Morales sold 5,200 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $110.00, for a total transaction of $572,000.00. Following the sale, the chief financial officer directly owned 28,439 shares of the company’s stock, valued at $3,128,290. This trade represents a 15.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.33% of the stock is owned by insiders.

Institutional Investors Weigh In On PPG Industries

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of PPG Industries by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 29,265,369 shares of the specialty chemicals company’s stock valued at $3,328,936,000 after purchasing an additional 192,560 shares during the period. Wellington Management Group LLP raised its position in shares of PPG Industries by 19.9% in the third quarter. Wellington Management Group LLP now owns 15,159,770 shares of the specialty chemicals company’s stock worth $1,593,443,000 after acquiring an additional 2,521,004 shares during the period. State Street Corp boosted its stake in shares of PPG Industries by 6.3% during the 2nd quarter. State Street Corp now owns 12,624,828 shares of the specialty chemicals company’s stock worth $1,436,074,000 after acquiring an additional 749,081 shares in the last quarter. First Eagle Investment Management LLC grew its position in shares of PPG Industries by 12.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 6,263,829 shares of the specialty chemicals company’s stock valued at $658,391,000 after acquiring an additional 703,549 shares during the period. Finally, Franklin Resources Inc. increased its stake in shares of PPG Industries by 39.4% in the 3rd quarter. Franklin Resources Inc. now owns 4,695,477 shares of the specialty chemicals company’s stock valued at $493,542,000 after purchasing an additional 1,326,619 shares in the last quarter. Institutional investors and hedge funds own 81.86% of the company’s stock.

Key Headlines Impacting PPG Industries

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

• Positive Sentiment: Multiple major brokers raised price targets and/or upgraded stance, suggesting renewed analyst confidence and upside (notable moves: Wells Fargo to $135, Goldman Sachs to $132, Citi to $132, JPMorgan to $126, Jefferies to $125, UBS to $122). Goldman Sachs Price Target Benzinga roundup
• Positive Sentiment: Management and analysts point to a gradual 2026 rebound: PPG set FY‑2026 EPS guidance (7.70–8.10) and management highlighted aerospace momentum and operational cost reductions as drivers of mid‑single‑digit EPS growth. This underpins the recent analyst upgrades. Seeking Alpha: Guidance and drivers
• Positive Sentiment: Citi has become more constructive—raising its target and highlighting emerging housing tailwinds that could boost coatings demand, a specific end‑market benefit for PPG. InsiderMonkey: Citi view
• Neutral Sentiment: Some upgrades came with neutral/hold ratings (e.g., UBS moved to neutral, Jefferies to hold), indicating that while the outlook is improving, not all analysts see clear near‑term upside—suggesting further share gains may depend on sustained execution. Benzinga: Analyst notes
• Negative Sentiment: Operational risk: PPG’s refinish sales have slipped as OEM coatings outpace the market, a segment headwind that could weigh on near‑term organic growth and margins if it continues. AutobodyNews: Refinish sales slide

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.