PPG Industries, Inc. $PPG Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. cut its holdings in shares of PPG Industries, Inc. (NYSE:PPG) by 43.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,101 shares of the specialty chemicals company’s stock after selling 4,744 shares during the quarter. Securian Asset Management Inc.’s holdings in PPG Industries were worth $625,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Dorato Capital Management purchased a new position in shares of PPG Industries during the 4th quarter valued at approximately $26,000. Quarry LP acquired a new position in shares of PPG Industries during the 3rd quarter worth about $26,000. Root Financial Partners LLC purchased a new position in shares of PPG Industries in the third quarter valued at approximately $30,000. Kohmann Bosshard Financial Services LLC purchased a new position in PPG Industries in the 4th quarter valued at $51,000. Finally, Quent Capital LLC acquired a new position in PPG Industries during the third quarter worth about $57,000. Hedge funds and other institutional investors own 81.86% of the company’s stock.

Insider Activity

In related news, VP Anne M. Foulkes sold 3,594 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $124.61, for a total transaction of $447,848.34. Following the completion of the transaction, the vice president directly owned 15,641 shares of the company’s stock, valued at $1,949,025.01. This represents a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.33% of the stock is currently owned by company insiders.

PPG Industries Price Performance

PPG stock opened at $105.90 on Friday. The company has a market capitalization of $23.60 billion, a P/E ratio of 15.11, a PEG ratio of 1.54 and a beta of 1.06. The business has a 50 day simple moving average of $107.00 and a 200-day simple moving average of $107.84. The company has a current ratio of 1.61, a quick ratio of 1.17 and a debt-to-equity ratio of 0.78. PPG Industries, Inc. has a twelve month low of $93.39 and a twelve month high of $133.43.

PPG Industries (NYSE:PPG) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.05. The company had revenue of $3.93 billion for the quarter, compared to analyst estimates of $3.85 billion. PPG Industries had a net margin of 9.83% and a return on equity of 21.68%. PPG Industries’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.72 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, equities analysts anticipate that PPG Industries, Inc. will post 7.93 EPS for the current year.

PPG Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, May 11th will be paid a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, May 11th. PPG Industries’s payout ratio is currently 40.51%.

Trending Headlines about PPG Industries

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

• Positive Sentiment: Zacks Research raised multiple forward EPS estimates for PPG Industries, including FY2027 to $8.54 and FY2028 to $9.41, signaling improving earnings expectations. PPG Industries, Inc. PPG Stock Forecast & Price Target
• Neutral Sentiment: The firm’s near-term estimates were only slightly adjusted in both directions, with Q4 2026 and Q1 2027 raised, while Q3 2026 and FY2026 were trimmed a bit, leaving the overall outlook mostly unchanged.
• Neutral Sentiment: Zacks Research kept a Hold rating, suggesting the upgraded earnings view is not yet strong enough to warrant a more bullish recommendation.

Wall Street Analyst Weigh In

A number of research firms have weighed in on PPG. BNP Paribas Exane boosted their price objective on PPG Industries from $115.00 to $116.00 in a research note on Thursday, April 30th. Wells Fargo & Company dropped their target price on shares of PPG Industries from $135.00 to $130.00 and set an “overweight” rating for the company in a report on Friday, April 10th. Royal Bank Of Canada lifted their target price on PPG Industries from $114.00 to $119.00 and gave the company a “sector perform” rating in a research report on Thursday, April 16th. KeyCorp reaffirmed a “sector weight” rating on shares of PPG Industries in a research report on Thursday, January 29th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of PPG Industries from $120.00 to $130.00 in a research note on Friday, March 27th. Five equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $121.79.

About PPG Industries

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.