PPG Industries (NYSE:PPG – Get Free Report) had its price target boosted by stock analysts at Sanford C. Bernstein from $123.00 to $130.00 in a note issued to investors on Friday,MarketScreener reports. The firm currently has an “outperform” rating on the specialty chemicals company’s stock. Sanford C. Bernstein’s price target indicates a potential upside of 12.47% from the stock’s current price.
Several other brokerages have also recently weighed in on PPG. Weiss Ratings restated a “hold (c-)” rating on shares of PPG Industries in a report on Wednesday. The Goldman Sachs Group increased their price target on shares of PPG Industries from $118.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday. UBS Group upped their price objective on shares of PPG Industries from $110.00 to $122.00 and gave the company a “neutral” rating in a report on Thursday. Bank of America lowered their target price on PPG Industries from $118.00 to $116.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Finally, Mizuho lifted their price objective on shares of PPG Industries from $118.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat.com, PPG Industries has an average rating of “Hold” and an average target price of $123.80.
PPG Industries Stock Down 0.8%
PPG Industries (NYSE:PPG – Get Free Report) last posted its quarterly earnings data on Tuesday, January 27th. The specialty chemicals company reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.06). The business had revenue of $3.91 billion during the quarter, compared to analyst estimates of $3.77 billion. PPG Industries had a return on equity of 22.67% and a net margin of 9.93%.PPG Industries’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.61 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Analysts predict that PPG Industries will post 7.95 earnings per share for the current year.
Insider Buying and Selling at PPG Industries
In other PPG Industries news, CFO Vincent J. Morales sold 5,200 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $110.00, for a total value of $572,000.00. Following the completion of the sale, the chief financial officer owned 28,439 shares of the company’s stock, valued at approximately $3,128,290. This trade represents a 15.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.33% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Capital Advisors Ltd. LLC raised its holdings in shares of PPG Industries by 127.6% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 223 shares of the specialty chemicals company’s stock valued at $25,000 after acquiring an additional 125 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in PPG Industries during the 3rd quarter valued at approximately $26,000. Dorato Capital Management bought a new position in PPG Industries in the 4th quarter worth $26,000. Quarry LP bought a new position in PPG Industries in the third quarter worth about $26,000. Finally, Root Financial Partners LLC purchased a new stake in PPG Industries in the third quarter worth $30,000. Institutional investors own 81.86% of the company’s stock.
Key Stories Impacting PPG Industries
Here are the key news stories impacting PPG Industries this week:
- Positive Sentiment: Multiple major brokers raised price targets and/or upgraded stance, suggesting renewed analyst confidence and upside (notable moves: Wells Fargo to $135, Goldman Sachs to $132, Citi to $132, JPMorgan to $126, Jefferies to $125, UBS to $122). Goldman Sachs Price Target Benzinga roundup
- Positive Sentiment: Management and analysts point to a gradual 2026 rebound: PPG set FY‑2026 EPS guidance (7.70–8.10) and management highlighted aerospace momentum and operational cost reductions as drivers of mid‑single‑digit EPS growth. This underpins the recent analyst upgrades. Seeking Alpha: Guidance and drivers
- Positive Sentiment: Citi has become more constructive—raising its target and highlighting emerging housing tailwinds that could boost coatings demand, a specific end‑market benefit for PPG. InsiderMonkey: Citi view
- Neutral Sentiment: Some upgrades came with neutral/hold ratings (e.g., UBS moved to neutral, Jefferies to hold), indicating that while the outlook is improving, not all analysts see clear near‑term upside—suggesting further share gains may depend on sustained execution. Benzinga: Analyst notes
- Negative Sentiment: Operational risk: PPG’s refinish sales have slipped as OEM coatings outpace the market, a segment headwind that could weigh on near‑term organic growth and margins if it continues. AutobodyNews: Refinish sales slide
About PPG Industries
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.
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