PPG Industries (NYSE:PPG) Stock Purchased by Rep. Lloyd Doggett

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of PPG Industries, Inc. (NYSE:PPG). In a filing disclosed on October 5th, the Representative disclosed that they had bought between $1,001 and $15,000 in PPG Industries stock on September 11th.

Representative Lloyd Doggett also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/17/2026.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 9/10/2026.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 9/8/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/17/2026.

PPG Industries Stock Up 1.3%

Shares of NYSE PPG opened at $106.59 on Wednesday. PPG Industries, Inc. has a 1 year low of $93.39 and a 1 year high of $133.43. The firm’s 50-day moving average is $110.53 and its 200-day moving average is $111.55. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $23.69 billion, a PE ratio of 15.27, a price-to-earnings-growth ratio of 1.71 and a beta of 1.06.

PPG Industries (NYSE:PPG) last announced its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $2.23 earnings per share for the quarter, missing the consensus estimate of $2.25 by ($0.02). PPG Industries had a net margin of 9.57% and a return on equity of 21.07%. The business had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.37 billion. During the same quarter in the prior year, the company earned $2.22 earnings per share. The company’s quarterly revenue was up 7.2% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Equities analysts expect that PPG Industries, Inc. will post 7.89 EPS for the current year.

PPG Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 10th were paid a $0.74 dividend. This is a boost from PPG Industries’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend was Monday, August 10th. This represents a $2.96 annualized dividend and a dividend yield of 2.8%. PPG Industries’s payout ratio is 42.41%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PPG. Citigroup cut their price target on PPG Industries from $121.00 to $118.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. Wall Street Zen cut PPG Industries from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. UBS Group dropped their price objective on PPG Industries from $125.00 to $116.00 and set a “neutral” rating for the company in a report on Monday. KeyCorp started coverage on PPG Industries in a research note on Friday, September 11th. They issued an “overweight” rating and a $133.00 target price on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of PPG Industries in a research report on Monday, September 14th. Eight research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $126.06.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of PPG Industries during the 2nd quarter valued at about $2,856,392,000. State Street Corp raised its position in PPG Industries by 8.8% in the 2nd quarter. State Street Corp now owns 13,871,116 shares of the specialty chemicals company’s stock valued at $1,682,428,000 after buying an additional 1,124,109 shares during the last quarter. Pzena Investment Management LLC bought a new stake in PPG Industries in the 2nd quarter valued at approximately $946,964,000. Franklin Resources Inc. boosted its position in PPG Industries by 48.9% during the 4th quarter. Franklin Resources Inc. now owns 6,990,595 shares of the specialty chemicals company’s stock worth $716,256,000 after acquiring an additional 2,295,118 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in PPG Industries by 2.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,925,343 shares of the specialty chemicals company’s stock worth $312,613,000 after acquiring an additional 58,411 shares during the last quarter. 81.86% of the stock is owned by institutional investors and hedge funds.

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

About PPG Industries

PPG Industries, Inc is a global manufacturer of paints, coatings and specialty materials. Founded in 1883 as Pittsburgh Plate Glass, the company originally produced plate glass and later expanded into coatings and related technologies. Today, PPG’s products are used to protect, decorate and improve the performance of vehicles, aircraft, buildings, industrial equipment and consumer goods.

PPG serves the automotive, aerospace, construction, industrial, marine, packaging and consumer-product markets.