PPG Industries (NYSE:PPG) Price Target Raised to $122.00 at UBS Group

PPG Industries (NYSE:PPG) had its price target increased by UBS Group from $110.00 to $122.00 in a report issued on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the specialty chemicals company’s stock.

Several other brokerages also recently commented on PPG. KeyCorp reaffirmed a “sector weight” rating on shares of PPG Industries in a report on Thursday. Bank of America reduced their price target on shares of PPG Industries from $118.00 to $116.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. Sanford C. Bernstein reduced their target price on PPG Industries from $129.00 to $123.00 and set an “outperform” rating for the company in a report on Monday, November 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of PPG Industries in a research report on Friday, October 31st. Finally, Zacks Research upgraded PPG Industries from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $123.33.

PPG Industries Stock Up 2.2%

Shares of PPG 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 stock has a market cap of $26.13 billion, a PE ratio of 16.78, a price-to-earnings-growth ratio of 3.40 and a beta of 1.17. The business’s fifty day moving average is $104.80 and its 200-day moving average is $105.59. PPG Industries has a 1 year low of $90.24 and a 1 year high of $123.30.

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

PPG Industries Announces Dividend

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

Insider Activity at PPG Industries

In related news, CFO Vincent J. Morales sold 5,200 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 28,439 shares of the company’s stock, valued at approximately $3,128,290. This trade represents a 15.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.33% of the company’s stock.

Institutional Trading of PPG Industries

Large investors have recently modified their holdings of the company. Capital Advisors Ltd. LLC lifted its position in PPG Industries by 127.6% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 223 shares of the specialty chemicals company’s stock worth $25,000 after acquiring an additional 125 shares during the last quarter. Dorato Capital Management acquired a new stake in PPG Industries in the 4th quarter valued at approximately $26,000. Quarry LP bought a new position in PPG Industries in the 3rd quarter worth approximately $26,000. Steigerwald Gordon & Koch Inc. acquired a new position in shares of PPG Industries during the third quarter worth approximately $26,000. Finally, Gladwyn Financial Advisors Inc. bought a new stake in shares of PPG Industries in the second quarter valued at approximately $31,000. 81.86% of the stock is owned by 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.