PPG Industries (NYSE:PPG) Stock Price Expected to Rise, The Goldman Sachs Group Analyst Says

PPG Industries (NYSE:PPG) had its price objective increased by investment analysts at The Goldman Sachs Group from $118.00 to $132.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the specialty chemicals company’s stock. The Goldman Sachs Group’s target price would indicate a potential upside of 14.80% from the company’s previous close.

A number of other analysts also recently issued reports on PPG. KeyCorp reiterated a “sector weight” rating on shares of PPG Industries in a report on Thursday. JPMorgan Chase & Co. upped their target price on PPG Industries from $112.00 to $117.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. Berenberg Bank dropped their price target on PPG Industries from $131.00 to $110.00 and set a “hold” rating for the company in a report on Thursday, December 4th. Bank of America decreased their price objective on PPG Industries from $118.00 to $116.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. Finally, Wells Fargo & Company lifted their target price on PPG Industries from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $120.86.

PPG Industries Price Performance

Shares of NYSE PPG traded up $1.02 during mid-day trading on Thursday, hitting $114.98. 916,917 shares of the stock were exchanged, compared to its average volume of 2,231,100. PPG Industries has a twelve month low of $90.24 and a twelve month high of $123.30. The stock’s fifty day simple moving average is $104.38 and its two-hundred day simple moving average is $105.51. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.08 and a current ratio of 1.47. The company has a market cap of $25.80 billion, a P/E ratio of 26.19, a PEG ratio of 3.23 and a beta of 1.17.

PPG Industries (NYSE:PPG) last released its earnings results on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.06). The firm had revenue of $3.91 billion for the quarter, compared to the consensus estimate of $3.77 billion. PPG Industries had a return on equity of 22.67% and a net margin of 9.93%.The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.61 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. As a group, analysts forecast that PPG Industries will post 7.95 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Vincent J. Morales sold 5,200 shares of the stock in a transaction dated Thursday, January 15th. The shares were 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 owned 28,439 shares of the company’s stock, valued at approximately $3,128,290. This represents a 15.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On PPG Industries

Several hedge funds have recently added to or reduced their stakes in PPG. Norges Bank bought a new position in shares of PPG Industries during the 2nd quarter worth approximately $362,412,000. Wellington Management Group LLP grew its stake in PPG Industries by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 15,159,770 shares of the specialty chemicals company’s stock valued at $1,593,443,000 after purchasing an additional 2,521,004 shares during the period. Franklin Resources Inc. increased its position in shares of PPG Industries by 39.4% during the 3rd quarter. Franklin Resources Inc. now owns 4,695,477 shares of the specialty chemicals company’s stock valued at $493,542,000 after purchasing an additional 1,326,619 shares during the last quarter. Holocene Advisors LP raised its stake in shares of PPG Industries by 342.8% during the 2nd quarter. Holocene Advisors LP now owns 1,688,870 shares of the specialty chemicals company’s stock worth $192,109,000 after purchasing an additional 1,307,468 shares during the period. Finally, First Eagle Investment Management LLC boosted its holdings in shares of PPG Industries by 21.2% in the 2nd quarter. First Eagle Investment Management LLC now owns 5,560,280 shares of the specialty chemicals company’s stock worth $632,482,000 after buying an additional 971,799 shares during the last quarter. 81.86% of the stock is currently owned by institutional investors and hedge funds.

PPG Industries News Roundup

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

• Positive Sentiment: Multiple analyst upgrades and higher price targets support upside potential — Wells Fargo raised its target to $135 and kept an “overweight” rating (big upside vs. the current price), and Mizuho raised its target to $125 with an “outperform” rating. Article Title
• Positive Sentiment: Revenue beat and sales growth: PPG reported Q4 revenue of $3.91B, up ~5% year?over?year and ahead of estimates — a sign demand/pricing held up across coating segments. Article Title
• Positive Sentiment: Cash flow strength: operating cash from operations rose sharply y/y (reported ~ $685M), which supports balance sheet flexibility and buybacks/dividends. Article Title
• Neutral Sentiment: Analyst coverage & education pieces (Zacks, Seeking Alpha) discuss PPG as a value/earnings?setup name; useful context for long?term investors but not immediate catalysts. Article Title
• Neutral Sentiment: Company materials: the Q4 earnings call transcript and slide deck are available for deeper read on segment detail and management commentary. Article Title
• Negative Sentiment: EPS miss and weaker profitability metrics: Q4 EPS missed consensus ($1.51 reported vs. $1.57 expected) and disclosure of lower operating profit / net income pressures sentiment. Article Title
• Negative Sentiment: FY?2026 guidance came in at $7.70–$8.10 EPS, slightly below the Street (~8.06), which tempers near?term upside and explains some analyst caution. Article Title
• Negative Sentiment: Regional/market softness flagged by management (soft European and industrial markets) and press coverage amplified downside risk for cyclically sensitive end markets. Article Title
• Negative Sentiment: RBC raised its target to $115 but kept a “sector perform” rating — the target sits at/just below the current price, signaling limited near?term upside from that shop. Article Title

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.