Federated Hermes Inc. Sells 4,699 Shares of PPG Industries, Inc. $PPG

Federated Hermes Inc. decreased its position in shares of PPG Industries, Inc. (NYSE:PPG) by 3.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 116,351 shares of the specialty chemicals company’s stock after selling 4,699 shares during the quarter. Federated Hermes Inc.’s holdings in PPG Industries were worth $12,230,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of PPG. Vanguard Group Inc. grew its holdings in shares of PPG Industries by 0.7% during the second quarter. Vanguard Group Inc. now owns 29,265,369 shares of the specialty chemicals company’s stock worth $3,328,936,000 after purchasing an additional 192,560 shares during the last quarter. State Street Corp boosted its position in PPG Industries by 6.3% during the 2nd quarter. State Street Corp now owns 12,624,828 shares of the specialty chemicals company’s stock worth $1,436,074,000 after buying an additional 749,081 shares during the period. First Eagle Investment Management LLC grew its holdings in PPG Industries by 21.2% during the 2nd quarter. First Eagle Investment Management LLC now owns 5,560,280 shares of the specialty chemicals company’s stock worth $632,482,000 after acquiring an additional 971,799 shares during the last quarter. Norges Bank acquired a new position in PPG Industries in the 2nd quarter valued at approximately $362,412,000. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of PPG Industries by 1.5% during the second quarter. Charles Schwab Investment Management Inc. now owns 2,775,676 shares of the specialty chemicals company’s stock valued at $315,734,000 after acquiring an additional 41,406 shares during the last quarter. Institutional investors and hedge funds own 81.86% of the company’s stock.

Insider Buying and Selling

In other PPG Industries news, CFO Vincent J. Morales sold 5,200 shares of the company’s 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 transaction, the chief financial officer owned 28,439 shares in the company, valued at approximately $3,128,290. This represents a 15.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.33% of the company’s stock.

Wall Street Analysts Forecast Growth

PPG has been the topic of several analyst reports. Citigroup boosted their price objective on shares of PPG Industries from $127.00 to $132.00 and gave the stock a “buy” rating in a research note on Thursday. Royal Bank Of Canada upped their price target on PPG Industries from $109.00 to $115.00 and gave the company a “sector perform” rating in a research report on Thursday. Weiss Ratings restated a “hold (c-)” rating on shares of PPG Industries in a research report on Wednesday. UBS Group upped their target price on PPG Industries from $110.00 to $122.00 and gave the company a “neutral” rating in a report on Thursday. Finally, Mizuho raised their price target on shares of PPG Industries from $118.00 to $125.00 and gave the stock an “outperform” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, PPG Industries presently has an average rating of “Hold” and an average target price of $123.80.

PPG Industries Price Performance

Shares of NYSE PPG opened at $115.58 on Friday. The firm has a market capitalization of $25.94 billion, a P/E ratio of 16.65, a P/E/G ratio of 3.50 and a beta of 1.17. The firm’s 50-day moving average price is $105.14 and its 200-day moving average price is $105.52. 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, Inc. has a 1-year low of $90.24 and a 1-year high of $120.91.

PPG Industries (NYSE:PPG) last posted 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). The firm had revenue of $3.91 billion for the quarter, compared to analyst estimates of $3.77 billion. PPG Industries had a return on equity of 22.67% and a net margin of 9.93%.The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the company posted $1.61 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Equities research analysts anticipate that PPG Industries, Inc. will post 7.95 earnings per share for the current fiscal year.

PPG Industries Announces Dividend

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

Key Headlines Impacting PPG Industries

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 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.