PPG Industries (NYSE:PPG) Issues FY 2026 Earnings Guidance

PPG Industries (NYSE:PPG) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 7.700-8.100 for the period, compared to the consensus estimate of 8.060. The company issued revenue guidance of -.

PPG Industries Price Performance

PPG stock opened at $110.37 on Wednesday. The company has a current ratio of 1.47, a quick ratio of 1.08 and a debt-to-equity ratio of 0.74. The stock has a market cap of $24.77 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 3.34 and a beta of 1.17. The stock has a 50-day moving average price of $103.99 and a two-hundred day moving average price of $105.45. PPG Industries has a 1 year low of $90.24 and a 1 year high of $124.54.

PPG Industries (NYSE:PPG) last posted its quarterly earnings data on Tuesday, January 27th. The specialty chemicals company reported $1.51 earnings per share (EPS) 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 23.61% and a net margin of 6.35%.The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.61 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Equities analysts forecast that PPG Industries will post 7.95 EPS for the current fiscal year.

PPG Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 20th will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 annualized dividend and a yield of 2.6%. PPG Industries’s dividend payout ratio is 64.40%.

Analyst Ratings Changes

Several equities research analysts have recently commented on PPG shares. Mizuho cut their price objective on PPG Industries from $135.00 to $125.00 and set an “outperform” rating for the company in a report on Friday, October 3rd. Sanford C. Bernstein cut their price objective on shares of PPG Industries from $129.00 to $123.00 and set an “outperform” rating for the company in a research report on Monday, November 24th. Citigroup lifted their target price on PPG Industries from $116.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. BNP Paribas Exane cut their price target on PPG Industries from $113.00 to $112.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of PPG Industries in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $120.86.

Insider Activity at PPG Industries

In related news, CFO Vincent J. Morales sold 5,200 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $110.00, for a total value of $572,000.00. Following the sale, the chief financial officer directly owned 28,439 shares in the company, valued at $3,128,290. This represents a 15.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.33% of the stock is currently owned by corporate insiders.

More PPG Industries News

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

• Positive Sentiment: Revenue and top-line momentum — Q4 sales grew about 5% to $3.91B, ahead of consensus, driven by higher prices and volume that lifted gross profit. WSJ: PPG Industries Logs Higher Quarterly Revenue
• Positive Sentiment: Stronger cash generation and liquidity — operating cash flow increased substantially year/year (reported ~+$685M) and cash & equivalents rose, improving short?term liquidity and balance-sheet flexibility. QuiverQuant: Q4 Results
• Positive Sentiment: Commercial win — PPG was named sole supplier of refinish coatings for Quality Collision Group (95+ sites), supporting recurring revenue in automotive refinish. BusinessWire: Quality Collision Group Deal
• Neutral Sentiment: Analyst positioning and targets remain mixed-to-favorable — several firms maintain Buy/Overweight ratings and price targets around the mid/high $100s range (median ~$118.5), which provides some support absent further operational misses. QuiverQuant: Analyst Ratings & Targets
• Negative Sentiment: EPS missed estimates — reported EPS missed consensus (reported ~$1.51 vs. est. ~$1.57), which investors view as a signal that margin pressure offset the top?line gain. Investing.com: EPS Miss
• Negative Sentiment: FY?2026 guidance below consensus — management set EPS guidance of $7.70–$8.10 vs. the Street at ~$8.06, suggesting more modest margin or volume improvement than investors expected. (Company guidance / slides). PPG Press Release / Guidance
• Negative Sentiment: Soft regional and end?market outlook — management flagged softer European and industrial markets for 2026, which raises downside risk to growth and margins in those segments. MSN: Soft European/Industrial Outlook
• Negative Sentiment: Profitability pressure — operating profit and net income declined year-over-year, indicating margin compression despite higher revenue. QuiverQuant: Margin Details

Hedge Funds Weigh In On PPG Industries

Institutional investors have recently made changes to their positions in the stock. Coldstream Capital Management Inc. increased its holdings in shares of PPG Industries by 22.6% during the third quarter. Coldstream Capital Management Inc. now owns 4,119 shares of the specialty chemicals company’s stock valued at $433,000 after acquiring an additional 758 shares in the last quarter. Danske Bank A S bought a new position in shares of PPG Industries in the third quarter valued at approximately $14,948,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of PPG Industries during the 3rd quarter valued at $72,000. Morningstar Investment Management LLC purchased a new stake in PPG Industries during the third quarter worth about $3,461,000. Finally, CANADA LIFE ASSURANCE Co increased its stake in shares of PPG Industries by 34.6% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 411,015 shares of the specialty chemicals company’s stock worth $42,746,000 after purchasing an additional 105,693 shares during the last quarter. Institutional investors and hedge funds own 81.86% of the company’s stock.

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.