Analysts Set Expectations for PPG Industries Q1 Earnings

PPG Industries, Inc. (NYSE:PPG) – Research analysts at Seaport Res Ptn increased their Q1 2025 earnings estimates for PPG Industries in a research note issued on Monday, April 21st. Seaport Res Ptn analyst M. Harrison now forecasts that the specialty chemicals company will earn $1.56 per share for the quarter, up from their previous forecast of $1.53. Seaport Res Ptn currently has a “Hold” rating on the stock. The consensus estimate for PPG Industries’ current full-year earnings is $7.95 per share. Seaport Res Ptn also issued estimates for PPG Industries’ Q2 2025 earnings at $2.27 EPS, Q3 2025 earnings at $2.13 EPS, Q4 2025 earnings at $1.83 EPS, FY2025 earnings at $7.79 EPS and FY2026 earnings at $8.69 EPS.

A number of other research firms have also weighed in on PPG. JPMorgan Chase & Co. lowered shares of PPG Industries from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $145.00 to $115.00 in a research report on Wednesday, February 12th. Barclays reissued an “equal weight” rating on shares of PPG Industries in a research note on Monday, February 3rd. Bank of America reiterated a “neutral” rating and issued a $126.00 target price (down from $143.00) on shares of PPG Industries in a research note on Tuesday, April 15th. The Goldman Sachs Group decreased their price target on PPG Industries from $153.00 to $135.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Finally, Citigroup dropped their price objective on shares of PPG Industries from $135.00 to $113.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $130.67.

PPG Industries Trading Up 2.2 %

Shares of PPG stock opened at $104.10 on Thursday. The company has a market capitalization of $23.63 billion, a price-to-earnings ratio of 22.01, a PEG ratio of 2.19 and a beta of 1.16. The company has a current ratio of 1.58, a quick ratio of 1.13 and a debt-to-equity ratio of 0.77. The firm has a 50-day moving average price of $108.15 and a 200 day moving average price of $117.29. PPG Industries has a twelve month low of $90.24 and a twelve month high of $137.24.

PPG Industries (NYSE:PPG) last released its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $1.61 earnings per share for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.04). PPG Industries had a return on equity of 23.78% and a net margin of 6.41%.

PPG Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Monday, May 12th will be issued a $0.68 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $2.72 annualized dividend and a yield of 2.61%. PPG Industries’s dividend payout ratio is currently 57.51%.

Insider Buying and Selling at PPG Industries

In other PPG Industries news, CEO Timothy M. Knavish sold 4,800 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $118.35, for a total value of $568,080.00. Following the completion of the sale, the chief executive officer now owns 35,833 shares of the company’s stock, valued at $4,240,835.55. This trade represents a 11.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.33% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Park Square Financial Group LLC acquired a new stake in shares of PPG Industries during the fourth quarter valued at about $26,000. Legend Financial Advisors Inc. acquired a new stake in PPG Industries during the 4th quarter valued at approximately $27,000. CVA Family Office LLC increased its holdings in PPG Industries by 70.6% during the 1st quarter. CVA Family Office LLC now owns 273 shares of the specialty chemicals company’s stock worth $30,000 after purchasing an additional 113 shares during the last quarter. Prudent Man Investment Management Inc. acquired a new position in shares of PPG Industries in the 4th quarter valued at approximately $36,000. Finally, Albion Financial Group UT purchased a new position in shares of PPG Industries during the 4th quarter valued at approximately $38,000. 81.86% of the stock is currently owned by hedge funds and other institutional investors.

About PPG Industries

PPG Industries, Inc manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft.