Securian Asset Management Inc. Trims Stake in PPG Industries, Inc. $PPG

Securian Asset Management Inc. reduced its stake in PPG Industries, Inc. (NYSE:PPG) by 43.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,101 shares of the specialty chemicals company’s stock after selling 4,744 shares during the quarter. Securian Asset Management Inc.’s holdings in PPG Industries were worth $625,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Dorato Capital Management acquired a new stake in shares of PPG Industries during the fourth quarter worth $26,000. Quarry LP purchased a new stake in shares of PPG Industries during the 3rd quarter worth about $26,000. Root Financial Partners LLC purchased a new stake in PPG Industries during the third quarter worth approximately $30,000. Kohmann Bosshard Financial Services LLC acquired a new stake in PPG Industries in the 4th quarter valued at $51,000. Finally, Quent Capital LLC acquired a new stake in shares of PPG Industries in the third quarter valued at about $57,000. Institutional investors and hedge funds own 81.86% of the company’s stock.

Key Headlines Impacting PPG Industries

Here are the key news stories impacting PPG Industries this week:

• Positive Sentiment: Zacks Research raised multiple forward EPS estimates for PPG Industries, including FY2027 to $8.54 and FY2028 to $9.41, signaling improving earnings expectations. PPG Industries, Inc. PPG Stock Forecast & Price Target
• Neutral Sentiment: The firm’s near-term estimates were only slightly adjusted in both directions, with Q4 2026 and Q1 2027 raised, while Q3 2026 and FY2026 were trimmed a bit, leaving the overall outlook mostly unchanged.
• Neutral Sentiment: Zacks Research kept a Hold rating, suggesting the upgraded earnings view is not yet strong enough to warrant a more bullish recommendation.

Insiders Place Their Bets

In other PPG Industries news, VP Anne M. Foulkes sold 3,594 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $124.61, for a total value of $447,848.34. Following the transaction, the vice president owned 15,641 shares in the company, valued at approximately $1,949,025.01. This represents a 18.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on PPG. Jefferies Financial Group lowered their price target on shares of PPG Industries from $125.00 to $116.00 and set a “hold” rating for the company in a report on Thursday, March 26th. Weiss Ratings reissued a “hold (c)” rating on shares of PPG Industries in a report on Monday. KeyCorp reissued a “sector weight” rating on shares of PPG Industries in a report on Thursday, January 29th. Citigroup increased their price objective on PPG Industries from $113.00 to $114.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, Mizuho raised their target price on shares of PPG Industries from $115.00 to $125.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Five research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $121.79.

PPG Industries Trading Up 0.4%

Shares of NYSE PPG opened at $105.90 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.61 and a debt-to-equity ratio of 0.78. PPG Industries, Inc. has a 12 month low of $93.39 and a 12 month high of $133.43. The company has a market cap of $23.60 billion, a price-to-earnings ratio of 15.11, a P/E/G ratio of 1.54 and a beta of 1.06. The business has a fifty day simple moving average of $107.00 and a 200-day simple moving average of $107.84.

PPG Industries (NYSE:PPG) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.05. PPG Industries had a net margin of 9.83% and a return on equity of 21.68%. The business had revenue of $3.93 billion for the quarter, compared to the consensus estimate of $3.85 billion. During the same period last year, the firm posted $1.72 earnings per share. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Sell-side analysts predict that PPG Industries, Inc. will post 7.93 EPS for the current year.

PPG Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, May 11th will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, May 11th. PPG Industries’s payout ratio is 40.51%.

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.