Q2 EPS Estimates for PPG Industries Cut by Zacks Research

PPG Industries, Inc. (NYSE:PPG) – Investment analysts at Zacks Research decreased their Q2 2026 earnings estimates for shares of PPG Industries in a research note issued to investors on Friday, March 13th. Zacks Research analyst Team now anticipates that the specialty chemicals company will earn $2.24 per share for the quarter, down from their prior forecast of $2.25. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for PPG Industries’ current full-year earnings is $7.95 per share. Zacks Research also issued estimates for PPG Industries’ Q4 2026 earnings at $1.76 EPS, FY2026 earnings at $7.91 EPS, Q1 2027 earnings at $1.79 EPS, Q3 2027 earnings at $2.20 EPS, Q4 2027 earnings at $1.91 EPS, FY2027 earnings at $8.52 EPS and FY2028 earnings at $9.22 EPS.

PPG Industries (NYSE:PPG) last posted its earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.06). PPG Industries had a net margin of 9.93% and a return on equity of 22.30%. The business had revenue of $3.91 billion during the quarter, compared to analyst estimates of $3.77 billion. During the same period in the previous year, the firm posted $1.61 earnings per share. The firm’s revenue was up 5.0% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS.

Several other brokerages also recently commented on PPG. Weiss Ratings restated a “hold (c-)” rating on shares of PPG Industries in a report on Wednesday, January 28th. Sanford C. Bernstein increased their price objective on shares of PPG Industries from $123.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Mizuho raised their price objective on shares of PPG Industries from $125.00 to $140.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. Citigroup boosted their price objective on shares of PPG Industries from $127.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Berenberg Bank reduced their target price on shares of PPG Industries from $131.00 to $110.00 and set a “hold” rating for the company in a research note on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, PPG Industries has a consensus rating of “Moderate Buy” and a consensus target price of $125.93.

PPG Industries Trading Up 1.6%

NYSE PPG opened at $103.49 on Monday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.62 and a quick ratio of 1.22. The stock’s 50-day moving average is $116.29 and its 200-day moving average is $107.41. PPG Industries has a one year low of $90.24 and a one year high of $133.43. The firm has a market cap of $23.16 billion, a P/E ratio of 14.91, a P/E/G ratio of 1.53 and a beta of 1.15.

PPG Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Friday, February 20th were issued a $0.71 dividend. The ex-dividend date was Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.7%. PPG Industries’s dividend payout ratio (DPR) is 40.92%.

Insider Transactions at PPG Industries

In other PPG Industries news, CFO Vincent J. Morales sold 78,095 shares of PPG Industries stock in a transaction on Friday, February 13th. The shares were sold at an average price of $131.00, for a total value of $10,230,445.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Chancey E. Hagerty sold 2,250 shares of the business’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $115.59, for a total transaction of $260,077.50. Following the sale, the vice president directly owned 8,477 shares in the company, valued at $979,856.43. This trade represents a 20.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 118,811 shares of company stock valued at $15,219,371 over the last 90 days. 0.33% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On PPG Industries

Hedge funds have recently modified their holdings of the stock. CNB Bank raised its holdings in PPG Industries by 1.8% during the fourth quarter. CNB Bank now owns 4,514 shares of the specialty chemicals company’s stock worth $463,000 after acquiring an additional 80 shares in the last quarter. IFP Advisors Inc increased its position in shares of PPG Industries by 2.7% during the 4th quarter. IFP Advisors Inc now owns 3,302 shares of the specialty chemicals company’s stock worth $338,000 after purchasing an additional 87 shares during the last quarter. Whittier Trust Co. increased its position in shares of PPG Industries by 1.4% during the 4th quarter. Whittier Trust Co. now owns 6,658 shares of the specialty chemicals company’s stock worth $703,000 after purchasing an additional 89 shares during the last quarter. Insigneo Advisory Services LLC raised its stake in shares of PPG Industries by 4.3% during the 4th quarter. Insigneo Advisory Services LLC now owns 2,234 shares of the specialty chemicals company’s stock worth $229,000 after purchasing an additional 92 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp raised its stake in shares of PPG Industries by 1.1% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 8,533 shares of the specialty chemicals company’s stock worth $874,000 after purchasing an additional 92 shares in the last quarter. Institutional investors own 81.86% of the company’s stock.

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.