5,343 Shares of PPG Industries, Inc. $PPG Bought by Parcion Private Wealth LLC

Parcion Private Wealth LLC bought a new stake in PPG Industries, Inc. (NYSE:PPG – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 5,343 shares of the specialty chemicals company’s stock, valued at approximately $557,000.

Several other institutional investors have also recently bought and sold shares of PPG. United Asset Strategies Inc. boosted its holdings in PPG Industries by 4.4% during the third quarter. United Asset Strategies Inc. now owns 5,481 shares of the specialty chemicals company’s stock worth $572,000 after purchasing an additional 229 shares during the last quarter. Choreo LLC lifted its position in PPG Industries by 8.3% during the 3rd quarter. Choreo LLC now owns 7,669 shares of the specialty chemicals company’s stock worth $800,000 after buying an additional 587 shares in the last quarter. D.A. Davidson & CO. lifted its position in PPG Industries by 1.7% during the 3rd quarter. D.A. Davidson & CO. now owns 46,353 shares of the specialty chemicals company’s stock worth $4,836,000 after buying an additional 787 shares in the last quarter. North Dakota State Investment Board boosted its stake in shares of PPG Industries by 2.3% during the 3rd quarter. North Dakota State Investment Board now owns 6,832 shares of the specialty chemicals company’s stock worth $713,000 after buying an additional 151 shares during the last quarter. Finally, William Mack & Associates Inc. bought a new position in shares of PPG Industries in the 3rd quarter valued at about $65,000. Institutional investors own 81.86% of the company’s stock.

PPG Industries Stock Up 0.2%

PPG stock opened at $119.72 on Monday. PPG Industries, Inc. has a 1-year low of $93.39 and a 1-year high of $133.43. The business’s 50 day simple moving average is $108.78 and its 200 day simple moving average is $112.47. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $26.45 billion, a PE ratio of 17.10, a PEG ratio of 2.06 and a beta of 1.00.

PPG Industries (NYSE:PPG – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The specialty chemicals company reported $2.25 EPS for the quarter, beating the consensus estimate of $2.12 by $0.13. PPG Industries had a net margin of 9.41% and a return on equity of 20.90%. The firm had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same period in the previous year, the company earned $2.13 earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. As a group, research analysts anticipate that PPG Industries, Inc. will post 7.98 EPS for the current year.

PPG Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, November 10th. PPG Industries’s dividend payout ratio is presently 42.29%.

Analyst Upgrades and Downgrades

PPG has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their target price on PPG Industries from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $128.00 price target on shares of PPG Industries in a research report on Friday, October 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of PPG Industries in a research note on Monday, September 14th. Wall Street Zen cut shares of PPG Industries from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Wells Fargo & Company boosted their target price on shares of PPG Industries from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $128.29.

Get Our Latest Stock Report on PPG

PPG Industries News Roundup

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

  • Positive Sentiment: Analysts broadly raised their price targets following PPG’s earnings beat and higher guidance. Wells Fargo lifted its target to $135 and maintained an overweight rating; Barclays raised its target to $137; JPMorgan increased its target to $130 with an overweight rating; and KeyBanc raised its target to $131. Wells Fargo target update KeyBanc target update
  • Positive Sentiment: Royal Bank of Canada, UBS and Citigroup also raised their targets, with the new estimates ranging from $123 to $130. These revisions suggest analysts see additional upside after the company’s recent operating performance. Analyst target revisions
  • Positive Sentiment: PPG’s third-quarter results exceeded consensus expectations, while discussion of higher guidance supports the outlook for earnings and may reinforce the investment case for the specialty-chemicals manufacturer. PPG Q3 2026 earnings call summary
  • Neutral Sentiment: PPG senior information technology manager Jennifer Bourne was named to Pittsburgh Magazine’s 2026 40 Under 40 list. The recognition highlights employee leadership but is unlikely to materially affect near-term financial results. Jennifer Bourne 40 Under 40 announcement
  • Negative Sentiment: Morgan Stanley initiated or reiterated a “hold” rating, signaling limited conviction that PPG will outperform at its current valuation. Commentary questioning whether the stock is fairly valued after its earnings beat and guidance increase may also be restraining buying interest. Morgan Stanley hold rating

About PPG Industries

(Free Report)

PPG Industries, Inc is a global manufacturer of paints, coatings and specialty materials. The company develops products designed to protect, decorate and improve the performance of surfaces and components used in transportation, construction, manufacturing and consumer products.

Its product portfolio includes automotive and commercial vehicle coatings, aerospace coatings, industrial and protective coatings, architectural paints, packaging coatings, and coatings used in marine and other specialty applications.

Further Reading

Want to see what other hedge funds are holding PPG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PPG Industries, Inc. (NYSE:PPG – Free Report).

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

Receive News & Ratings for PPG Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PPG Industries and related companies with MarketBeat.com's FREE daily email newsletter.