Seaport Res Ptn Predicts Weaker Earnings for PPG Industries

PPG Industries, Inc. (NYSE:PPG) – Investment analysts at Seaport Res Ptn reduced their Q2 2025 EPS estimates for PPG Industries in a research report issued to clients and investors on Monday, February 3rd. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will post earnings per share of $2.29 for the quarter, down from their prior forecast of $2.58. The consensus estimate for PPG Industries’ current full-year earnings is $7.90 per share. Seaport Res Ptn also issued estimates for PPG Industries’ Q3 2025 earnings at $2.17 EPS, FY2025 earnings at $7.86 EPS, Q1 2026 earnings at $1.85 EPS, Q2 2026 earnings at $2.55 EPS, Q3 2026 earnings at $2.35 EPS and Q4 2026 earnings at $2.02 EPS.

Several other research firms also recently commented on PPG. UBS Group decreased their price target on shares of PPG Industries from $128.00 to $126.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Wells Fargo & Company decreased their price target on shares of PPG Industries from $150.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday. KeyCorp downgraded shares of PPG Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 16th. Barclays cut their target price on shares of PPG Industries from $144.00 to $125.00 and set an “equal weight” rating on the stock in a report on Monday. Finally, JPMorgan Chase & Co. cut their target price on shares of PPG Industries from $155.00 to $145.00 and set an “overweight” rating on the stock in a report on Friday, October 18th. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $140.92.

PPG Industries Trading Down 0.7 %

PPG stock opened at $111.25 on Wednesday. The company has a market capitalization of $25.81 billion, a PE ratio of 23.52, a price-to-earnings-growth ratio of 1.99 and a beta of 1.23. PPG Industries has a one year low of $110.20 and a one year high of $145.60. The company’s 50 day moving average price is $120.83 and its two-hundred day moving average price is $124.19. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.13 and a current ratio of 1.58.

PPG Industries (NYSE:PPG) last announced its earnings results on Thursday, January 30th. The specialty chemicals company reported $1.61 earnings per share for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.04). PPG Industries had a net margin of 6.41% and a return on equity of 23.78%.

PPG Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 21st will be issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 2.44%. The ex-dividend date of this dividend is Friday, February 21st. PPG Industries’s dividend payout ratio (DPR) is currently 57.51%.

Institutional Trading of PPG Industries

A number of hedge funds have recently modified their holdings of PPG. State Street Corp boosted its holdings in shares of PPG Industries by 4.4% during the 3rd quarter. State Street Corp now owns 11,717,499 shares of the specialty chemicals company’s stock valued at $1,552,100,000 after buying an additional 491,774 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of PPG Industries by 5.7% during the 3rd quarter. Wellington Management Group LLP now owns 8,977,010 shares of the specialty chemicals company’s stock valued at $1,189,095,000 after buying an additional 485,597 shares in the last quarter. FMR LLC boosted its holdings in shares of PPG Industries by 68.3% during the 3rd quarter. FMR LLC now owns 873,902 shares of the specialty chemicals company’s stock valued at $115,757,000 after buying an additional 354,740 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of PPG Industries by 189.6% during the 3rd quarter. International Assets Investment Management LLC now owns 426,834 shares of the specialty chemicals company’s stock valued at $56,538,000 after buying an additional 279,455 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of PPG Industries by 65.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 523,014 shares of the specialty chemicals company’s stock valued at $62,474,000 after buying an additional 206,853 shares in the last quarter. Institutional investors own 81.86% of the company’s stock.

PPG Industries Company Profile

PPG Industries, Inc manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft.