BNP Paribas Exane Issues Positive Forecast for PPG Industries (NYSE:PPG) Stock Price

PPG Industries (NYSE:PPG) had its price target increased by BNP Paribas Exane from $115.00 to $116.00 in a research report sent to investors on Thursday morning,MarketScreener reports.

A number of other research analysts have also issued reports on PPG. JPMorgan Chase & Co. boosted their price target on shares of PPG Industries from $117.00 to $126.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Zacks Research raised PPG Industries from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Royal Bank Of Canada boosted their target price on PPG Industries from $114.00 to $119.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 16th. KeyCorp reissued a “sector weight” rating on shares of PPG Industries in a report on Thursday, January 29th. Finally, UBS Group decreased their price target on PPG Industries from $122.00 to $110.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Six analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $122.07.

PPG Industries Stock Performance

Shares of NYSE PPG traded up $0.27 during mid-day trading on Thursday, hitting $108.77. 133,666 shares of the company were exchanged, compared to its average volume of 2,217,817. The stock has a 50 day simple moving average of $109.44 and a 200-day simple moving average of $107.41. PPG Industries has a 1-year low of $93.39 and a 1-year high of $133.43. The company has a quick ratio of 1.22, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The firm has a market cap of $24.34 billion, a price-to-earnings ratio of 15.51, a price-to-earnings-growth ratio of 1.45 and a beta of 1.16.

PPG Industries (NYSE:PPG) last announced its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.05. The company had revenue of $3.93 billion for the quarter, compared to analysts’ expectations of $3.85 billion. PPG Industries had a net margin of 9.83% and a return on equity of 21.90%. PPG Industries’s revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.72 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, sell-side analysts forecast that PPG Industries will post 7.94 EPS for the current fiscal year.

PPG Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Monday, May 11th will be paid a $0.71 dividend. The ex-dividend date of this dividend is Monday, May 11th. This represents a $2.84 dividend on an annualized basis and a yield of 2.6%. PPG Industries’s dividend payout ratio is presently 40.51%.

Insiders Place Their Bets

In other PPG Industries news, CFO Vincent J. Morales sold 78,095 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $131.00, for a total transaction of $10,230,445.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Anne M. Foulkes sold 3,594 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $124.61, for a total value of $447,848.34. Following the transaction, the vice president directly owned 15,641 shares of the company’s stock, valued at $1,949,025.01. The trade was a 18.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 111,361 shares of company stock worth $14,387,293. 0.33% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nvest Wealth Strategies Inc. purchased a new stake in PPG Industries during the fourth quarter worth approximately $505,000. First Eagle Investment Management LLC lifted its holdings in shares of PPG Industries by 12.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 6,263,829 shares of the specialty chemicals company’s stock valued at $658,391,000 after acquiring an additional 703,549 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in PPG Industries by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,020,138 shares of the specialty chemicals company’s stock worth $317,421,000 after purchasing an additional 43,702 shares during the period. GAM Holding AG increased its holdings in PPG Industries by 97.5% in the 3rd quarter. GAM Holding AG now owns 21,281 shares of the specialty chemicals company’s stock valued at $2,237,000 after purchasing an additional 10,508 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings 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 in the last quarter. 81.86% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting PPG Industries

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

• Positive Sentiment: Q1 results beat and guidance reaffirmed — PPG reported Q1 revenue and slightly beat EPS estimates while reaffirming FY2026 EPS guidance of $7.70–$8.10; management emphasized pricing power to offset mid-single-digit COGS inflation, which supports margin resilience. Article Title
• Positive Sentiment: Mizuho upgrade — Mizuho raised its price target to $125 and maintained an “outperform” rating, signaling stronger analyst conviction and providing upside momentum. Article Title
• Neutral Sentiment: Other modest target raises — BNP Paribas Exane and UBS each nudged their targets up to $116 (UBS kept a “neutral” rating), and Citigroup lifted its target to $114 but stayed neutral; these moves show general analyst comfort but stop short of broad bullish upgrades. BNP Paribas UBS Citigroup
• Neutral Sentiment: Analyst commentary and coverage — Several outlets summarized the earnings call and highlighted pricing strength and currency benefits; these reinforce the earnings message but are informational rather than catalytic. Seeking Alpha Transcript
• Neutral Sentiment: Corporate/PR win — PPG’s IT team was named “Tech Team of the Year” by the Pittsburgh Technology Council; positive for culture/efficiency perception but unlikely to move fundamentals materially. Article Title
• Negative Sentiment: Small JPMorgan trim — JPMorgan lowered its price target slightly to $125 from $126; it’s a minor cut but a modestly negative signal compared with the larger Mizuho upgrade. Article Title

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.