Analysts Set PPG Industries, Inc. (NYSE:PPG) Target Price at $120.86

PPG Industries, Inc. (NYSE:PPG) has been assigned a consensus recommendation of “Hold” from the twenty ratings firms that are covering the firm, Marketbeat Ratings reports. Twelve research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $123.80.

Several equities analysts have weighed in on PPG shares. Citigroup raised their price target on PPG Industries from $127.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday. BNP Paribas Exane decreased their price objective on PPG Industries from $113.00 to $112.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. KeyCorp reiterated a “sector weight” rating on shares of PPG Industries in a research report on Thursday. Mizuho boosted their target price on shares of PPG Industries from $118.00 to $125.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Bank of America decreased their price target on shares of PPG Industries from $118.00 to $116.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th.

PPG Industries Stock Performance

NYSE:PPG opened at $115.58 on Friday. 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 company has a market capitalization of $25.94 billion, a P/E ratio of 16.65, a price-to-earnings-growth ratio of 3.50 and a beta of 1.17. The firm has a 50-day moving average price of $105.14 and a two-hundred day moving average price of $105.52. PPG Industries has a twelve month low of $90.24 and a twelve month high of $120.91.

PPG Industries (NYSE:PPG) last released its quarterly earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 EPS for the quarter, missing the consensus estimate 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 analyst estimates of $3.77 billion. During the same quarter in the prior year, the company earned $1.61 earnings per share. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, research analysts expect that PPG Industries will post 7.95 earnings per share for the current fiscal year.

PPG Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 20th will be given a dividend of $0.71 per share. The ex-dividend date is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a yield of 2.5%. PPG Industries’s dividend payout ratio (DPR) is 40.92%.

Key PPG Industries News

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

Insiders Place Their Bets

In other PPG Industries news, CFO Vincent J. Morales sold 5,200 shares of the business’s stock in a transaction 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 transaction, the chief financial officer directly owned 28,439 shares in the company, valued at approximately $3,128,290. The trade was a 15.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On PPG Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in PPG. Capital Advisors Ltd. LLC boosted its stake in PPG Industries by 127.6% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 223 shares of the specialty chemicals company’s stock worth $25,000 after buying an additional 125 shares during the last quarter. Dorato Capital Management acquired a new position in shares of PPG Industries during the 4th quarter valued at about $26,000. Quarry LP purchased a new position in shares of PPG Industries during the 3rd quarter worth about $26,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of PPG Industries in the third quarter worth approximately $26,000. Finally, Gladwyn Financial Advisors Inc. purchased a new stake in PPG Industries in the second quarter valued at approximately $31,000. Hedge funds and other institutional investors own 81.86% of the company’s stock.

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.