Pictet Asset Management Holding SA Has $13.55 Million Position in PPG Industries, Inc. $PPG

Pictet Asset Management Holding SA reduced its stake in shares of PPG Industries, Inc. (NYSE:PPG) by 4.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 132,240 shares of the specialty chemicals company’s stock after selling 5,621 shares during the quarter. Pictet Asset Management Holding SA’s holdings in PPG Industries were worth $13,549,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its stake in shares of PPG Industries by 19.9% during the 3rd quarter. Wellington Management Group LLP now owns 15,159,770 shares of the specialty chemicals company’s stock worth $1,593,443,000 after purchasing an additional 2,521,004 shares during the last quarter. First Eagle Investment Management LLC increased its stake 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 worth $658,391,000 after purchasing an additional 703,549 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of PPG Industries by 39.4% during the 3rd quarter. Franklin Resources Inc. now owns 4,695,477 shares of the specialty chemicals company’s stock worth $493,542,000 after purchasing an additional 1,326,619 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in shares of PPG Industries by 15.7% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 3,946,145 shares of the specialty chemicals company’s stock worth $414,779,000 after purchasing an additional 535,095 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of PPG Industries by 2.2% during the 3rd quarter. Invesco Ltd. now owns 3,398,513 shares of the specialty chemicals company’s stock worth $357,218,000 after purchasing an additional 72,692 shares during the last quarter. Institutional investors own 81.86% of the company’s stock.

PPG Industries News Summary

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 Stock Down 0.9%

PPG opened at $107.52 on Friday. PPG Industries, Inc. has a 1-year low of $93.39 and a 1-year high of $133.43. The company has a current ratio of 1.61, a quick ratio of 1.22 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $24.06 billion, a price-to-earnings ratio of 15.34, a P/E/G ratio of 1.50 and a beta of 1.06. The business has a 50 day moving average of $109.44 and a 200-day moving average of $107.41.

PPG Industries (NYSE:PPG) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.05. PPG Industries had a return on equity of 21.68% and a net margin of 9.83%.The company had revenue of $3.93 billion during the quarter, compared to analysts’ expectations of $3.85 billion. During the same period in the prior year, the business earned $1.72 earnings per share. PPG Industries’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, sell-side analysts anticipate that PPG Industries, Inc. will post 7.95 earnings per share for the current year.

PPG Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Monday, May 11th will be given a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, May 11th. PPG Industries’s dividend payout ratio is currently 40.51%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on PPG shares. JPMorgan Chase & Co. dropped their price target on shares of PPG Industries from $126.00 to $125.00 in a research note on Thursday. Wells Fargo & Company dropped their price target on shares of PPG Industries from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. Citigroup increased their price target on shares of PPG Industries from $113.00 to $114.00 and gave the stock a “neutral” rating in a research note on Thursday. BNP Paribas Exane increased their price target on shares of PPG Industries from $115.00 to $116.00 in a research note on Thursday. Finally, UBS Group increased their price target on PPG Industries from $110.00 to $116.00 and gave the company a “neutral” rating in a report on Thursday. Six investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $122.07.

Insider Activity at PPG Industries

In related news, CFO Vincent J. Morales sold 78,095 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $131.00, for a total value of $10,230,445.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Anne M. Foulkes sold 3,594 shares of the company’s stock in a transaction 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 transaction, the vice president owned 15,641 shares of the company’s stock, valued at $1,949,025.01. The trade was a 18.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 111,361 shares of company stock valued at $14,387,293 over the last three months. 0.33% of the stock is owned by company insiders.

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.