Seaport Res Ptn Forecasts Weaker Earnings for PPG Industries

PPG Industries, Inc. (NYSE:PPG) – Stock analysts at Seaport Res Ptn cut their Q1 2025 EPS estimates for PPG Industries in a report released on Monday, February 3rd. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will earn $1.54 per share for the quarter, down from their previous estimate of $1.84. The consensus estimate for PPG Industries’ current full-year earnings is $7.90 per share. Seaport Res Ptn also issued estimates for PPG Industries’ Q4 2025 earnings at $1.87 EPS and FY2026 earnings at $8.76 EPS.

A number of other research analysts have also recently issued reports on PPG. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of PPG Industries from $150.00 to $145.00 and set a “buy” rating for the company in a report on Thursday, December 19th. Citigroup decreased their price objective on PPG Industries from $150.00 to $145.00 and set a “buy” rating for the company in a report on Wednesday, December 18th. BMO Capital Markets restated an “outperform” rating and issued a $155.00 target price (down previously from $160.00) on shares of PPG Industries in a report on Monday, October 21st. Barclays decreased their price target on PPG Industries from $144.00 to $125.00 and set an “equal weight” rating for the company in a report on Monday. Finally, The Goldman Sachs Group dropped their price objective on PPG Industries from $153.00 to $135.00 and set a “buy” rating on the stock in a research note on Thursday. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $140.46.

PPG Industries Stock Performance

NYSE PPG opened at $115.93 on Thursday. The company has a current ratio of 1.58, a quick ratio of 1.13 and a debt-to-equity ratio of 0.77. The company has a fifty day simple moving average of $120.37 and a 200 day simple moving average of $123.99. PPG Industries has a 12-month low of $110.20 and a 12-month high of $145.60. The company has a market cap of $26.90 billion, a P/E ratio of 24.51, a PEG ratio of 1.99 and a beta of 1.23.

PPG Industries (NYSE:PPG) last announced its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $1.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.65 by ($0.04). PPG Industries had a return on equity of 23.78% and a net margin of 6.41%.

Institutional Trading of PPG Industries

A number of large investors have recently modified their holdings of PPG. Raymond James Financial Inc. bought a new position in shares of PPG Industries in the 4th quarter worth $82,071,000. State Street Corp grew its position in PPG Industries by 4.4% in the third quarter. State Street Corp now owns 11,717,499 shares of the specialty chemicals company’s stock worth $1,552,100,000 after acquiring an additional 491,774 shares in the last quarter. Wellington Management Group LLP increased its stake in PPG Industries by 5.7% in the third quarter. Wellington Management Group LLP now owns 8,977,010 shares of the specialty chemicals company’s stock valued at $1,189,095,000 after acquiring an additional 485,597 shares during the last quarter. FMR LLC lifted its stake in PPG Industries by 68.3% during the third quarter. FMR LLC now owns 873,902 shares of the specialty chemicals company’s stock worth $115,757,000 after purchasing an additional 354,740 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in shares of PPG Industries by 189.6% in the 3rd quarter. International Assets Investment Management LLC now owns 426,834 shares of the specialty chemicals company’s stock worth $56,538,000 after purchasing an additional 279,455 shares in the last quarter. Institutional investors own 81.86% of the company’s stock.

PPG Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 21st will be issued a $0.68 dividend. The ex-dividend date is Friday, February 21st. This represents a $2.72 annualized dividend and a dividend yield of 2.35%. PPG Industries’s payout ratio is currently 57.51%.

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.