PPG Industries (NYSE:PPG) Releases FY 2026 Earnings Guidance

PPG Industries (NYSE:PPG) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 7.700-8.100 for the period, compared to the consensus earnings per share estimate of 8.060. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on PPG shares. Bank of America dropped their price target on shares of PPG Industries from $118.00 to $116.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Wells Fargo & Company dropped their target price on shares of PPG Industries from $132.00 to $130.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. UBS Group reduced their price target on PPG Industries from $115.00 to $110.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Evercore ISI dropped 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. Finally, Zacks Research raised PPG Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $120.86.

PPG Industries Trading Up 3.3%

NYSE PPG opened at $113.96 on Thursday. PPG Industries has a one year low of $90.24 and a one year high of $123.52. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.47 and a quick ratio of 1.08. The firm has a market cap of $25.57 billion, a P/E ratio of 25.84, a P/E/G ratio of 3.23 and a beta of 1.17. The stock’s 50-day moving average is $104.38 and its 200-day moving average is $105.51.

PPG Industries (NYSE:PPG) last posted its earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $3.77 billion. During the same period in the previous year, the company posted $1.61 earnings per share. PPG Industries’s revenue for the quarter was up 5.0% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Sell-side analysts anticipate that PPG Industries will post 7.95 earnings per share for the current fiscal year.

PPG Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 20th will be issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, February 20th. PPG Industries’s dividend payout ratio is 64.40%.

Insider Activity at PPG Industries

In other news, CFO Vincent J. Morales sold 5,200 shares of the company’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 completion of the transaction, the chief financial officer directly owned 28,439 shares of the company’s stock, valued at $3,128,290. This represents a 15.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.33% of the stock is currently owned by company insiders.

Key PPG Industries News

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

• Positive Sentiment: Mizuho raised its price target to $125 and maintained an “outperform” rating, signaling increased analyst conviction and providing near?term upside potential for the stock. Benzinga
• Positive Sentiment: Q4 revenue grew ~5% year?over?year and topped consensus, driven by higher prices and volume across coating segments — a sign of demand resilience that supports top?line momentum. Zacks
• Neutral Sentiment: Investors have access to the full Q4 earnings call transcript and presentation — useful for digging into segment trends, margin drivers and management commentary on end markets. Seeking Alpha Transcript
• Negative Sentiment: Reported EPS of $1.51 missed consensus ($1.57), and operating profit and net income showed pressure versus year?ago levels — an earnings miss that tempers enthusiasm and can weigh on near?term multiple expansion. Yahoo Finance
• Negative Sentiment: Management set FY?2026 EPS guidance at $7.70–$8.10, slightly below street consensus (~$8.06), and flagged softer European/industrial markets — a cautious outlook that could limit upside until visibility improves. MSN

Hedge Funds Weigh In On PPG Industries

A number of large investors have recently bought and sold shares of PPG. Brighton Jones LLC raised its holdings in shares of PPG Industries by 9.1% in the fourth quarter. Brighton Jones LLC now owns 4,075 shares of the specialty chemicals company’s stock valued at $487,000 after purchasing an additional 339 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in PPG Industries by 31.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,849 shares of the specialty chemicals company’s stock valued at $421,000 after buying an additional 920 shares during the last quarter. Empowered Funds LLC lifted its position in PPG Industries by 6.1% during the 1st quarter. Empowered Funds LLC now owns 26,354 shares of the specialty chemicals company’s stock worth $2,882,000 after buying an additional 1,526 shares in the last quarter. Woodline Partners LP boosted its stake in shares of PPG Industries by 40.7% during the 1st quarter. Woodline Partners LP now owns 19,600 shares of the specialty chemicals company’s stock worth $2,143,000 after buying an additional 5,667 shares during the last quarter. Finally, Cresset Asset Management LLC grew its holdings in shares of PPG Industries by 6.2% in the 2nd quarter. Cresset Asset Management LLC now owns 6,346 shares of the specialty chemicals company’s stock valued at $722,000 after acquiring an additional 371 shares in the last quarter. Institutional investors and hedge funds own 81.86% of the company’s stock.

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.