Zacks Research Reduces Earnings Estimates for PPG Industries

PPG Industries, Inc. (NYSE:PPG) – Analysts at Zacks Research dropped their Q3 2025 EPS estimates for PPG Industries in a report released on Tuesday, June 17th. Zacks Research analyst R. Department now forecasts that the specialty chemicals company will post earnings of $2.10 per share for the quarter, down from their previous estimate of $2.14. The consensus estimate for PPG Industries’ current full-year earnings is $7.95 per share. Zacks Research also issued estimates for PPG Industries’ FY2025 earnings at $7.79 EPS, Q1 2026 earnings at $1.89 EPS, Q2 2026 earnings at $2.53 EPS, Q3 2026 earnings at $2.03 EPS, FY2026 earnings at $8.18 EPS and Q1 2027 earnings at $2.02 EPS.

PPG Industries (NYSE:PPG) last posted its earnings results on Tuesday, April 29th. The specialty chemicals company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.62 by $0.10. The firm had revenue of $3.68 billion for the quarter, compared to analysts’ expectations of $3.67 billion. PPG Industries had a net margin of 6.49% and a return on equity of 24.84%. The company’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.87 EPS.

PPG has been the subject of several other reports. Wells Fargo & Company raised their target price on PPG Industries from $115.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, May 1st. JPMorgan Chase & Co. decreased their price objective on shares of PPG Industries from $115.00 to $105.00 and set a “neutral” rating for the company in a report on Thursday, May 1st. Seaport Res Ptn cut shares of PPG Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Fermium Researc raised shares of PPG Industries to a “strong-buy” rating in a research report on Thursday, May 1st. Finally, Citigroup raised their price target on shares of PPG Industries from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, June 13th. Nine equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $129.83.

PPG Industries Stock Performance

Shares of PPG Industries stock opened at $108.71 on Thursday. The business’s fifty day simple moving average is $108.57 and its 200 day simple moving average is $112.94. The company has a current ratio of 1.35, a quick ratio of 0.99 and a debt-to-equity ratio of 0.79. PPG Industries has a 12 month low of $90.24 and a 12 month high of $137.24. The firm has a market capitalization of $24.68 billion, a P/E ratio of 23.28, a price-to-earnings-growth ratio of 2.45 and a beta of 1.17.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PPG. Brighton Jones LLC lifted its position in shares of PPG Industries by 9.1% during the fourth quarter. Brighton Jones LLC now owns 4,075 shares of the specialty chemicals company’s stock worth $487,000 after acquiring an additional 339 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of PPG Industries by 25.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 19,165 shares of the specialty chemicals company’s stock valued at $2,212,000 after purchasing an additional 3,843 shares during the period. Van ECK Associates Corp lifted its holdings in PPG Industries by 0.7% during the 4th quarter. Van ECK Associates Corp now owns 40,064 shares of the specialty chemicals company’s stock worth $4,785,000 after purchasing an additional 263 shares in the last quarter. Vontobel Holding Ltd. lifted its holdings in PPG Industries by 6.8% during the 4th quarter. Vontobel Holding Ltd. now owns 3,658 shares of the specialty chemicals company’s stock worth $437,000 after purchasing an additional 232 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in PPG Industries by 4.1% in the 4th quarter. Principal Financial Group Inc. now owns 290,312 shares of the specialty chemicals company’s stock worth $34,678,000 after purchasing an additional 11,408 shares during the period. 81.86% of the stock is currently owned by hedge funds and other institutional investors.

PPG Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Investors of record on Monday, May 12th were issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 2.50%. The ex-dividend date was Monday, May 12th. PPG Industries’s dividend payout ratio (DPR) is presently 58.24%.

PPG Industries Company Profile

PPG Industries, Inc manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft.