Analysts Issue Forecasts for PPG Industries Q3 Earnings

PPG Industries, Inc. (NYSE:PPG) – Stock analysts at Zacks Research decreased their Q3 2025 earnings per share (EPS) estimates for shares of PPG Industries in a research note issued on Wednesday, February 12th. Zacks Research analyst R. Department now anticipates that the specialty chemicals company will post earnings per share of $2.30 for the quarter, down from their prior forecast of $2.39. The consensus estimate for PPG Industries’ current full-year earnings is $7.96 per share. Zacks Research also issued estimates for PPG Industries’ Q2 2026 earnings at $2.77 EPS.

Several other brokerages also recently commented on PPG. JPMorgan Chase & Co. downgraded PPG Industries from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $145.00 to $115.00 in a research note on Wednesday, February 12th. Citigroup dropped their price objective on PPG Industries from $150.00 to $145.00 and set a “buy” rating on the stock in a research note on Wednesday, December 18th. Mizuho reduced their target price on shares of PPG Industries from $150.00 to $140.00 and set an “outperform” rating for the company in a research note on Monday, February 3rd. KeyCorp lowered shares of PPG Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 16th. Finally, UBS Group reduced their price objective on shares of PPG Industries from $128.00 to $126.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $138.15.

PPG Industries Price Performance

Shares of NYSE PPG opened at $117.75 on Monday. The stock has a market cap of $27.32 billion, a price-to-earnings ratio of 24.89, a PEG ratio of 1.97 and a beta of 1.23. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.13 and a current ratio of 1.58. PPG Industries has a fifty-two week low of $110.20 and a fifty-two week high of $145.60. The firm’s 50-day simple moving average is $119.02 and its 200 day simple moving average is $123.44.

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

Institutional Trading of PPG Industries

Several hedge funds and other institutional investors have recently modified their holdings of PPG. DoubleLine ETF Adviser LP purchased a new stake in shares of PPG Industries during the fourth quarter worth $3,140,000. Wahed Invest LLC lifted its holdings in PPG Industries by 6.2% during the 4th quarter. Wahed Invest LLC now owns 6,024 shares of the specialty chemicals company’s stock worth $720,000 after purchasing an additional 351 shares in the last quarter. Freestone Grove Partners LP bought a new position in PPG Industries in the 4th quarter worth about $438,000. Widmann Financial Services Inc. increased its position in shares of PPG Industries by 2.0% during the fourth quarter. Widmann Financial Services Inc. now owns 8,797 shares of the specialty chemicals company’s stock valued at $1,051,000 after buying an additional 176 shares during the period. Finally, Becker Capital Management Inc. lifted its holdings in shares of PPG Industries by 21.0% in the fourth quarter. Becker Capital Management Inc. now owns 8,563 shares of the specialty chemicals company’s stock worth $1,023,000 after buying an additional 1,487 shares in the last quarter. Institutional investors own 81.86% of the company’s stock.

PPG Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 2.31%. The ex-dividend date is Friday, February 21st. PPG Industries’s dividend payout ratio (DPR) is presently 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.