642,459 Shares in PPG Industries, Inc. $PPG Purchased by PFA Pension Forsikringsaktieselskab

PFA Pension Forsikringsaktieselskab purchased a new position in PPG Industries, Inc. (NYSE:PPGFree Report) in the fourth quarter, Holdings Channel reports. The fund purchased 642,459 shares of the specialty chemicals company’s stock, valued at approximately $66,610,000.

A number of other large investors also recently bought and sold shares of PPG. Whittier Trust Co. increased its stake in 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 in the last quarter. Applied Capital LLC FL increased its stake in PPG Industries by 1.5% during the 4th quarter. Applied Capital LLC FL now owns 6,406 shares of the specialty chemicals company’s stock worth $656,000 after buying an additional 95 shares in the last quarter. Concurrent Investment Advisors LLC increased its stake in PPG Industries by 1.8% during the 4th quarter. Concurrent Investment Advisors LLC now owns 5,313 shares of the specialty chemicals company’s stock worth $544,000 after buying an additional 95 shares in the last quarter. Lazard Asset Management LLC increased its stake in PPG Industries by 6.6% during the 2nd quarter. Lazard Asset Management LLC now owns 1,576 shares of the specialty chemicals company’s stock worth $179,000 after buying an additional 97 shares in the last quarter. Finally, Waller Financial Planning Group Inc. increased its stake in PPG Industries by 0.8% during the 4th quarter. Waller Financial Planning Group Inc. now owns 12,764 shares of the specialty chemicals company’s stock worth $1,308,000 after buying an additional 100 shares in the last quarter. Institutional investors and hedge funds own 81.86% of the company’s stock.

PPG Industries Price Performance

PPG stock opened at $107.52 on Friday. The business has a fifty day moving average of $109.44 and a two-hundred day moving average of $107.47. The stock has a market cap of $24.06 billion, a price-to-earnings ratio of 15.34, a price-to-earnings-growth ratio of 1.49 and a beta of 1.06. PPG Industries, Inc. has a 52-week low of $93.39 and a 52-week high of $133.43. The company has a quick ratio of 1.22, a current ratio of 1.61 and a debt-to-equity ratio of 0.78.

PPG Industries (NYSE:PPGGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.78 by $0.05. PPG Industries had a net margin of 9.83% and a return on equity of 21.68%. The firm had revenue of $3.93 billion for the quarter, compared to analyst estimates of $3.85 billion. During the same period in the prior year, the business posted $1.72 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, research analysts anticipate that PPG Industries, Inc. will post 7.9 earnings per share for the current year.

PPG Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Monday, May 11th will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, May 11th. PPG Industries’s dividend payout ratio (DPR) is 40.51%.

Wall Street Analysts Forecast Growth

PPG has been the subject of several research reports. Citigroup boosted their price objective on PPG Industries from $113.00 to $114.00 and gave the stock a “neutral” rating in a research note on Thursday. The Goldman Sachs Group cut their price objective on PPG Industries from $134.00 to $130.00 in a research note on Friday. Weiss Ratings restated a “hold (c-)” rating on shares of PPG Industries in a research report on Wednesday, January 28th. KeyCorp restated a “sector weight” rating on shares of PPG Industries in a research report on Thursday, January 29th. Finally, UBS Group upped their price target on PPG Industries from $110.00 to $116.00 and gave the company a “neutral” rating in a research report on Thursday. Six research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $121.79.

View Our Latest Research Report on PPG Industries

Insider Activity at PPG Industries

In related news, VP Anne M. Foulkes sold 3,594 shares of PPG Industries stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $124.61, for a total value of $447,848.34. Following the completion of the sale, the vice president owned 15,641 shares in the company, valued at approximately $1,949,025.01. This trade represents a 18.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Vincent J. Morales sold 78,095 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $131.00, for a total value of $10,230,445.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 111,361 shares of company stock valued at $14,387,293 in the last quarter. 0.33% of the stock is owned by insiders.

Key Headlines Impacting PPG Industries

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

  • Positive Sentiment: PPG beat Q1 estimates and reaffirmed FY?2026 guidance ($7.70–$8.10 EPS); management highlighted pricing power and sales growth, which supports longer?term earnings expectations. Earnings Highlights
  • Positive Sentiment: Mizuho raised its price target to $125 and kept an “outperform” rating — a material upward revision that signals analyst confidence in PPG’s recovery and supports upside sentiment. Mizuho PT Raise
  • Neutral Sentiment: BNP Paribas nudged its target to $116 — a modest upgrade that marginally raises consensus valuation but is not a major change to the market narrative. BNP PT Raise
  • Neutral Sentiment: UBS increased its price target to $116 while maintaining a “neutral” rating — another small lift but still a neutral stance from a large shop. UBS PT Raise
  • Neutral Sentiment: Citigroup slightly raised its target to $114 and kept a neutral rating — consistent with a cautious tone despite the beat. Citigroup PT Raise
  • Neutral Sentiment: PPG’s IT team received recognition as “Tech Team of the Year,” which is positive for operational capability but unlikely to move near?term valuation materially. IT Team Award
  • Negative Sentiment: Autobody reporting highlighted a decline in the refinish segment driven by distributor destocking — an operational headwind that trimmed segment revenue and likely pressured near?term margin visibility. Refinish Decline
  • Negative Sentiment: JPMorgan trimmed its target slightly to $125 (from $126) — a small negative signal relative to some larger upward revisions and a reminder of differing analyst views on upside. JPMorgan PT Trim

PPG Industries Profile

(Free Report)

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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Institutional Ownership by Quarter for PPG Industries (NYSE:PPG)

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