PPG Industries (NYSE:PPG) Given New $126.00 Price Target at JPMorgan Chase & Co.

PPG Industries (NYSE:PPG) had its price objective lifted by JPMorgan Chase & Co. from $117.00 to $126.00 in a research report report published on Thursday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the specialty chemicals company’s stock.

A number of other equities analysts also recently issued reports on the stock. Zacks Research upgraded shares of PPG Industries from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. KeyCorp reiterated a “sector weight” rating on shares of PPG Industries in a research report on Thursday. Berenberg Bank dropped their target price on shares of PPG Industries from $131.00 to $110.00 and set a “hold” rating for the company in a report on Thursday, December 4th. Evercore ISI cut their target price on shares of PPG Industries from $145.00 to $112.00 and set an “in-line” rating for the company in a research report on Tuesday, November 11th. Finally, Bank of America lowered their price target on shares of PPG Industries from $118.00 to $116.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, PPG Industries currently has an average rating of “Hold” and an average target price of $123.33.

PPG Industries Trading Up 2.2%

Shares of PPG Industries stock opened at $116.44 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.08 and a current ratio of 1.47. The company has a market capitalization of $26.13 billion, a P/E ratio of 16.78, a PEG ratio of 3.40 and a beta of 1.17. PPG Industries has a 1 year low of $90.24 and a 1 year high of $123.30. The company’s fifty day moving average is $104.80 and its two-hundred day moving average is $105.59.

PPG Industries (NYSE:PPG) last announced its earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.57 by ($0.06). PPG Industries had a net margin of 9.93% and a return on equity of 22.67%. The company had revenue of $3.91 billion during the quarter, compared to analysts’ expectations of $3.77 billion. During the same quarter last year, the business posted $1.61 earnings per share. The company’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. Analysts forecast that PPG Industries will post 7.95 earnings per share for the current year.

PPG Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 20th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 annualized dividend and a dividend yield of 2.4%. PPG Industries’s dividend payout ratio is presently 64.40%.

Insider Buying and Selling

In other PPG Industries news, CFO Vincent J. Morales sold 5,200 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $110.00, for a total value of $572,000.00. Following the completion of the transaction, the chief financial officer directly owned 28,439 shares in the company, valued at approximately $3,128,290. The trade was a 15.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.33% of the company’s stock.

Hedge Funds Weigh In On PPG Industries

Large investors have recently added to or reduced their stakes in the business. Capital Advisors Ltd. LLC boosted its stake in PPG Industries by 127.6% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 223 shares of the specialty chemicals company’s stock worth $25,000 after buying an additional 125 shares during the last quarter. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of PPG Industries in the third quarter worth approximately $26,000. Dorato Capital Management purchased a new stake in PPG Industries in the fourth quarter valued at approximately $26,000. Quarry LP acquired a new position in PPG Industries during the third quarter worth approximately $26,000. Finally, Root Financial Partners LLC purchased a new position in PPG Industries during the third quarter worth approximately $30,000. 81.86% of the stock is currently owned by hedge funds and other institutional investors.

PPG Industries News Summary

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

• Positive Sentiment: Major broker raises: Wells Fargo raised its target to $135 and kept an overweight rating (largest upside among revisions). Benzinga
• Positive Sentiment: Goldman Sachs raised its target to $132 and rates PPG a buy — a meaningful bullish endorsement. Benzinga
• Positive Sentiment: Citigroup increased its target to $132 and upgraded to buy, signaling confidence in PPG’s medium‑term outlook. Benzinga
• Positive Sentiment: JPMorgan bumped its target to $126 and kept an overweight stance, another institutional vote of confidence. Benzinga TickerReport
• Positive Sentiment: Jefferies raised its target to $125 with a hold rating, and Mizuho raised to $125 with an outperform — more upward pressure on consensus fair value. Benzinga
• Positive Sentiment: UBS lifted its target to $122 (neutral), adding to the cluster of higher analyst valuations. Benzinga
• Neutral Sentiment: Royal Bank of Canada nudged its target to $115 but keeps a sector‑perform rating (slight implied downside vs. current price). Benzinga
• Neutral Sentiment: Broader coverage and research pieces (Zacks, Seeking Alpha) highlight PPG as a longer‑term value/earnings‑watch idea but are not driving immediate directional conviction. Zacks
• Negative Sentiment: Q4 results: PPG reported a Q4 EPS miss (EPS below estimates) despite a revenue beat and 5% y/y sales growth; management noted softer European and industrial markets into 2026. Yahoo Finance
• Negative Sentiment: FY‑2026 guidance came in at $7.70–$8.10 EPS vs. consensus ~8.06, which tempers upside and is cited by some analysts as a reason for cautious near‑term outlook. Investing.com

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.