PPG Industries, Inc. $PPG Stake Lowered by First National Trust Co

First National Trust Co decreased its position in shares of PPG Industries, Inc. (NYSE:PPG) by 43.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,479 shares of the specialty chemicals company’s stock after selling 8,919 shares during the quarter. First National Trust Co’s holdings in PPG Industries were worth $1,207,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Norges Bank bought a new stake in PPG Industries in the second quarter worth about $362,412,000. Holocene Advisors LP grew its position in PPG Industries by 342.8% during the second quarter. Holocene Advisors LP now owns 1,688,870 shares of the specialty chemicals company’s stock valued at $192,109,000 after purchasing an additional 1,307,468 shares in the last quarter. First Eagle Investment Management LLC raised its holdings in shares of PPG Industries by 21.2% during the second 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 in the last quarter. Burgundy Asset Management Ltd. bought a new stake in shares of PPG Industries in the 2nd quarter valued at approximately $93,719,000. Finally, State Street Corp raised its holdings in shares of 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 valued at $1,436,074,000 after purchasing an additional 749,081 shares in the last quarter. Institutional investors own 81.86% of the company’s stock.

Trending Headlines about PPG Industries

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

• Positive Sentiment: Zacks raised a few forward quarter and long‑term estimates that could support upside: Q3 2026 EPS was increased to $2.24 (from $2.09), Q2 2027 EPS was raised to $2.64 (from $2.59), and Zacks now models FY2028 at $9.41 EPS — signaling expected longer‑term earnings growth. MarketBeat PPG coverage
• Neutral Sentiment: Zacks retained a “Hold” stance and left the consensus FY2026 figure close to $7.95 EPS despite the revisions, so the report is more a model tweak than a full analyst upgrade/downgrade. Investors may view this as mixed/confirming rather than decisively bullish or bearish. MarketBeat PPG coverage
• Negative Sentiment: Zacks cut several near‑term and FY2026/2027 forecasts: Q1 2026 to $1.69 (from $1.77), Q4 2026 to $1.77 (from $1.93), Q1 2027 to $1.81 (from $1.91), Q3 2027 to $2.23 (from $2.25) and FY2027 to $8.62 (from $8.78). Those downgrades signal softer near‑term momentum and are likely the primary reason for any intra‑day volatility or cautious investor reaction. MarketBeat PPG coverage

Insider Buying and Selling at PPG Industries

In related news, VP Chancey E. Hagerty sold 2,250 shares of the company’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $115.59, for a total value of $260,077.50. Following the transaction, the vice president directly owned 8,477 shares in the company, valued at approximately $979,856.43. This represents a 20.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Vincent J. Morales sold 29,672 shares of PPG Industries stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $125.00, for a total transaction of $3,709,000.00. Following the completion of the sale, the chief financial officer owned 28,439 shares of the company’s stock, valued at approximately $3,554,875. The trade was a 51.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 37,122 shares of company stock worth $4,541,078 in the last quarter. Company insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

PPG has been the topic of a number of recent analyst reports. Wells Fargo & Company lifted their price target on shares of PPG Industries from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Zacks Research raised PPG Industries from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Evercore decreased their price objective on shares of PPG Industries from $145.00 to $112.00 and set an “in-line” rating on the stock in a research note on Tuesday, November 11th. Berenberg Bank reduced their price target on shares of PPG Industries from $131.00 to $110.00 and set a “hold” rating on the stock in a research report on Thursday, December 4th. Finally, KeyCorp restated a “sector weight” rating on shares of PPG Industries in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $123.71.

PPG Industries Trading Up 1.2%

PPG opened at $129.11 on Wednesday. The company has a current ratio of 1.47, a quick ratio of 1.08 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $28.97 billion, a P/E ratio of 18.60, a P/E/G ratio of 1.92 and a beta of 1.16. PPG Industries, Inc. has a 12 month low of $90.24 and a 12 month high of $129.40. The firm’s fifty day simple moving average is $108.59 and its 200 day simple moving average is $105.88.

PPG Industries (NYSE:PPG) last released its 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 the consensus estimate of $3.77 billion. During the same period last year, the business posted $1.61 EPS. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, research analysts anticipate that PPG Industries, Inc. will post 7.95 EPS for the current fiscal year.

PPG Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 20th will be issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, February 20th. PPG Industries’s payout ratio is currently 40.92%.

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.