Rep. Lloyd Doggett Purchases Shares of PPG Industries, Inc. (NYSE:PPG)

Representative Lloyd Doggett (D-Texas) recently bought shares of PPG Industries, Inc. (NYSE:PPG). In a filing disclosed on January 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in PPG Industries stock on December 12th.

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

• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 12/18/2025.
• Purchased $1,001 – $15,000 in shares of CocaCola (NYSE:KO) on 12/15/2025.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 12/12/2025.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 12/9/2025.

PPG Industries Stock Up 0.8%

PPG stock opened at $105.20 on Tuesday. PPG Industries, Inc. has a 52 week low of $90.24 and a 52 week high of $124.74. The business has a 50-day simple moving average of $100.07 and a 200 day simple moving average of $106.17. The company has a quick ratio of 1.08, a current ratio of 1.47 and a debt-to-equity ratio of 0.74. The company has a market cap of $23.61 billion, a PE ratio of 23.86, a price-to-earnings-growth ratio of 2.71 and a beta of 1.17.

PPG Industries (NYSE:PPG) last released its earnings results on Tuesday, October 28th. The specialty chemicals company reported $2.13 EPS for the quarter, beating the consensus estimate of $2.09 by $0.04. PPG Industries had a net margin of 6.35% and a return on equity of 23.61%. The firm had revenue of $4.08 billion for the quarter, compared to analyst estimates of $4.06 billion. During the same period last year, the firm earned $2.13 EPS. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. PPG Industries has set its FY 2025 guidance at 7.600-7.700 EPS. Sell-side analysts anticipate that PPG Industries, Inc. will post 7.95 EPS for the current fiscal year.

PPG Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Monday, November 10th were paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Monday, November 10th. PPG Industries’s payout ratio is 64.40%.

Institutional Investors Weigh In On PPG Industries

Several hedge funds have recently added to or reduced their stakes in the business. Lazard Asset Management LLC grew its position in shares of PPG Industries by 6.6% during the 2nd quarter. Lazard Asset Management LLC now owns 1,576 shares of the specialty chemicals company’s stock worth $179,000 after buying an additional 97 shares during the period. Bell Investment Advisors Inc grew its holdings in PPG Industries by 40.9% in the first quarter. Bell Investment Advisors Inc now owns 355 shares of the specialty chemicals company’s stock worth $39,000 after purchasing an additional 103 shares during the period. G&S Capital LLC increased its stake in PPG Industries by 1.9% in the third quarter. G&S Capital LLC now owns 5,620 shares of the specialty chemicals company’s stock valued at $591,000 after purchasing an additional 104 shares in the last quarter. Columbia Bank raised its holdings in shares of PPG Industries by 1.0% during the third quarter. Columbia Bank now owns 10,951 shares of the specialty chemicals company’s stock valued at $1,090,000 after purchasing an additional 106 shares during the period. Finally, Citizens Financial Group Inc. RI boosted its position in shares of PPG Industries by 0.5% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 22,716 shares of the specialty chemicals company’s stock worth $2,584,000 after purchasing an additional 107 shares in the last quarter. 81.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PPG has been the subject of several recent analyst reports. Citigroup upped their target price on PPG Industries from $116.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, December 18th. Evercore ISI lowered their price target 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. JPMorgan Chase & Co. raised their price objective on PPG Industries from $112.00 to $117.00 and gave the company an “overweight” rating in a research note on Friday, November 21st. Zacks Research cut PPG Industries from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. Finally, 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 report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $122.54.

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 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.