PPG Industries (NYSE:PPG) Price Target Raised to $125.00

PPG Industries (NYSE:PPG) had its price objective lifted by Mizuho from $118.00 to $125.00 in a research report released on Wednesday,Benzinga reports. The firm currently has an outperform rating on the specialty chemicals company’s stock.

Other research analysts also recently issued reports about the stock. Berenberg Bank lowered their price target 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. Sanford C. Bernstein lowered 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. JPMorgan Chase & Co. increased their target price on PPG Industries from $112.00 to $117.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. UBS Group reduced their price target on PPG Industries from $115.00 to $110.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Finally, Evercore ISI dropped their price objective on shares of PPG Industries from $145.00 to $112.00 and set an “in-line” rating for the company in a report on Tuesday, November 11th. One equities research 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. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $123.33.

PPG Industries Stock Down 0.8%

Shares of NYSE PPG opened at $115.58 on Wednesday. The company has a market cap of $25.94 billion, a price-to-earnings ratio of 16.65, a PEG ratio of 3.50 and a beta of 1.17. The company has a current ratio of 1.47, a quick ratio of 1.08 and a debt-to-equity ratio of 0.74. PPG Industries has a 12 month low of $90.24 and a 12 month high of $120.91. The stock has a 50-day moving average price of $105.14 and a two-hundred day moving average price of $105.58.

PPG Industries (NYSE:PPG) last announced its quarterly earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($0.06). The company had revenue of $3.91 billion for the quarter, compared to the consensus estimate of $3.77 billion. PPG Industries had a net margin of 9.93% and a return on equity of 22.67%. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted $1.61 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, analysts forecast that PPG Industries will post 7.95 earnings per share for the current fiscal year.

PPG Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 20th will be given a $0.71 dividend. The ex-dividend date is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.5%. PPG Industries’s payout ratio is 40.92%.

Insider Buying and Selling at PPG Industries

In related news, CFO Vincent J. Morales sold 5,200 shares of PPG Industries stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $110.00, for a total transaction of $572,000.00. Following the completion of the transaction, the chief financial officer owned 28,439 shares of the company’s stock, valued at $3,128,290. This trade represents a 15.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.33% of the stock is currently owned by company insiders.

Institutional Trading of PPG Industries

A number of large investors have recently bought and sold shares of PPG. Capital Advisors Ltd. LLC lifted its stake in shares of PPG Industries by 127.6% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 223 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 125 shares during the period. Steigerwald Gordon & Koch Inc. acquired a new position in PPG Industries in the third quarter valued at approximately $26,000. Dorato Capital Management bought a new position in shares of PPG Industries during the 4th quarter worth approximately $26,000. Quarry LP acquired a new stake in shares of PPG Industries during the 3rd quarter worth approximately $26,000. Finally, Root Financial Partners LLC bought a new stake in shares of PPG Industries in the 3rd quarter valued at $30,000. 81.86% of the stock is currently owned by institutional investors and hedge funds.

Key PPG Industries News

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

• Positive Sentiment: Multiple major brokers raised price targets and/or upgraded stance, suggesting renewed analyst confidence and upside (notable moves: Wells Fargo to $135, Goldman Sachs to $132, Citi to $132, JPMorgan to $126, Jefferies to $125, UBS to $122). Goldman Sachs Price Target Benzinga roundup
• Positive Sentiment: Management and analysts point to a gradual 2026 rebound: PPG set FY‑2026 EPS guidance (7.70–8.10) and management highlighted aerospace momentum and operational cost reductions as drivers of mid‑single‑digit EPS growth. This underpins the recent analyst upgrades. Seeking Alpha: Guidance and drivers
• Positive Sentiment: Citi has become more constructive—raising its target and highlighting emerging housing tailwinds that could boost coatings demand, a specific end‑market benefit for PPG. InsiderMonkey: Citi view
• Neutral Sentiment: Some upgrades came with neutral/hold ratings (e.g., UBS moved to neutral, Jefferies to hold), indicating that while the outlook is improving, not all analysts see clear near‑term upside—suggesting further share gains may depend on sustained execution. Benzinga: Analyst notes
• Negative Sentiment: Operational risk: PPG’s refinish sales have slipped as OEM coatings outpace the market, a segment headwind that could weigh on near‑term organic growth and margins if it continues. AutobodyNews: Refinish sales slide

PPG Industries Company Profile

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.