Analysts Set Expectations for PPG Industries Q1 Earnings

PPG Industries, Inc. (NYSE:PPG) – Equities research analysts at Seaport Res Ptn issued their Q1 2025 earnings estimates for PPG Industries in a research note issued on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison forecasts that the specialty chemicals company will post earnings per share of $1.84 for the quarter. The consensus estimate for PPG Industries’ current full-year earnings is $8.15 per share. Seaport Res Ptn also issued estimates for PPG Industries’ Q2 2025 earnings at $2.58 EPS, Q3 2025 earnings at $2.28 EPS, Q4 2025 earnings at $1.81 EPS, FY2025 earnings at $8.50 EPS and FY2026 earnings at $9.50 EPS.

Other research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft cut their target price on shares of PPG Industries from $150.00 to $145.00 and set a “buy” rating on the stock in a report on Thursday, December 19th. 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. Royal Bank of Canada cut their target price on shares of PPG Industries from $138.00 to $136.00 and set a “sector perform” rating on the stock in a report on Tuesday, October 22nd. KeyCorp cut shares of PPG Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. cut their target price on shares of PPG Industries from $155.00 to $145.00 and set an “overweight” rating on the stock in a report on Friday, October 18th. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, PPG Industries currently has an average rating of “Moderate Buy” and a consensus price target of $149.23.

PPG Industries Trading Up 0.5 %

PPG stock opened at $123.52 on Friday. The company has a market capitalization of $28.66 billion, a PE ratio of 19.58, a price-to-earnings-growth ratio of 1.93 and a beta of 1.24. PPG Industries has a one year low of $113.00 and a one year high of $145.60. The company’s 50 day moving average price is $121.17 and its two-hundred day moving average price is $124.74. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.13 and a current ratio of 1.58.

Hedge Funds Weigh In On PPG Industries

Large investors have recently modified their holdings of the stock. Legend Financial Advisors Inc. purchased a new position in shares of PPG Industries in the 4th quarter worth about $27,000. Pin Oak Investment Advisors Inc. raised its position in shares of PPG Industries by 465.1% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 243 shares of the specialty chemicals company’s stock worth $32,000 after purchasing an additional 200 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in shares of PPG Industries in the 3rd quarter worth about $34,000. Albion Financial Group UT purchased a new position in shares of PPG Industries in the 4th quarter worth about $38,000. Finally, Hara Capital LLC purchased a new position in PPG Industries in the 3rd quarter worth about $40,000. Hedge funds and other institutional investors own 81.86% of the company’s stock.

Insider Buying and Selling at PPG Industries

In other news, VP Anne M. Foulkes sold 1,985 shares of PPG Industries stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $125.80, for a total value of $249,713.00. Following the completion of the transaction, the vice president now owns 13,454 shares of the company’s stock, valued at $1,692,513.20. The trade was a 12.86 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.55% of the company’s stock.

PPG Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, February 21st will be given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 2.20%. The ex-dividend date is Friday, February 21st. PPG Industries’s dividend payout ratio is currently 43.11%.

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.