5,343 Shares of PPG Industries, Inc. $PPG Bought by Parcion Private Wealth LLC

Parcion Private Wealth LLC acquired a new position in shares of PPG Industries, Inc. (NYSE:PPG) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,343 shares of the specialty chemicals company’s stock, valued at approximately $557,000.

Several other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of PPG Industries during the 2nd quarter worth approximately $2,856,392,000. State Street Corp raised its position in PPG Industries by 8.8% during the second quarter. State Street Corp now owns 13,871,116 shares of the specialty chemicals company’s stock valued at $1,682,428,000 after purchasing an additional 1,124,109 shares in the last quarter. Pzena Investment Management LLC acquired a new position in PPG Industries during the second quarter valued at approximately $946,964,000. Bank of New York Mellon Corp acquired a new position in PPG Industries during the second quarter valued at approximately $318,870,000. Finally, Dimensional Fund Advisors LP lifted its stake in PPG Industries by 2.0% during the first quarter. Dimensional Fund Advisors LP now owns 2,925,343 shares of the specialty chemicals company’s stock worth $312,613,000 after purchasing an additional 58,411 shares during the last quarter. 81.86% of the stock is owned by institutional investors.

PPG Industries Stock Up 0.2%

Shares of NYSE PPG opened at $119.72 on Monday. The company has a 50 day simple moving average of $108.78 and a 200 day simple moving average of $112.47. The firm has a market cap of $26.45 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 2.06 and a beta of 1.00. PPG Industries, Inc. has a 1 year low of $93.39 and a 1 year high of $133.43. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.58 and a quick ratio of 1.15.

PPG Industries (NYSE:PPG) last released its quarterly earnings results on Tuesday, October 27th. The specialty chemicals company reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.12 by $0.13. PPG Industries had a net margin of 9.41% and a return on equity of 20.90%. The firm had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the firm earned $2.13 earnings per share. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, research analysts forecast that PPG Industries, Inc. will post 7.98 EPS for the current year.

PPG Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, November 10th. PPG Industries’s dividend payout ratio (DPR) is 42.29%.

Trending Headlines about PPG Industries

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

• Positive Sentiment: Analysts broadly raised their price targets following PPG’s earnings beat and higher guidance. Wells Fargo lifted its target to $135 and maintained an overweight rating; Barclays raised its target to $137; JPMorgan increased its target to $130 with an overweight rating; and KeyBanc raised its target to $131. Wells Fargo target update KeyBanc target update
• Positive Sentiment: Royal Bank of Canada, UBS and Citigroup also raised their targets, with the new estimates ranging from $123 to $130. These revisions suggest analysts see additional upside after the company’s recent operating performance. Analyst target revisions
• Positive Sentiment: PPG’s third-quarter results exceeded consensus expectations, while discussion of higher guidance supports the outlook for earnings and may reinforce the investment case for the specialty-chemicals manufacturer. PPG Q3 2026 earnings call summary
• Neutral Sentiment: PPG senior information technology manager Jennifer Bourne was named to Pittsburgh Magazine’s 2026 40 Under 40 list. The recognition highlights employee leadership but is unlikely to materially affect near-term financial results. Jennifer Bourne 40 Under 40 announcement
• Negative Sentiment: Morgan Stanley initiated or reiterated a “hold” rating, signaling limited conviction that PPG will outperform at its current valuation. Commentary questioning whether the stock is fairly valued after its earnings beat and guidance increase may also be restraining buying interest. Morgan Stanley hold rating

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on PPG Industries from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday. Barclays raised their price objective on PPG Industries from $136.00 to $137.00 and gave the company an “overweight” rating in a research note on Thursday. Citigroup lifted their target price on PPG Industries from $118.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday. Sanford C. Bernstein reissued an “outperform” rating and set a $137.00 target price on shares of PPG Industries in a research note on Thursday. Finally, Royal Bank Of Canada raised their target price on shares of PPG Industries from $115.00 to $123.00 and gave the company a “sector perform” rating in a research report on Thursday. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $128.29.

About PPG Industries

PPG Industries, Inc is a global manufacturer of paints, coatings and specialty materials. The company develops products designed to protect, decorate and improve the performance of surfaces and components used in transportation, construction, manufacturing and consumer products.

Its product portfolio includes automotive and commercial vehicle coatings, aerospace coatings, industrial and protective coatings, architectural paints, packaging coatings, and coatings used in marine and other specialty applications.