Seaport Res Ptn Weighs in on PPG Industries, Inc.’s Q1 2025 Earnings (NYSE:PPG)

PPG Industries, Inc. (NYSE:PPG) – Stock analysts at Seaport Res Ptn raised their Q1 2025 earnings per share (EPS) estimates for PPG Industries in a research report issued to clients and investors on Monday, April 22nd. Seaport Res Ptn analyst M. Harrison now expects that the specialty chemicals company will post earnings per share of $2.09 for the quarter, up from their previous forecast of $2.06. Seaport Res Ptn currently has a “Buy” rating on the stock. The consensus estimate for PPG Industries’ current full-year earnings is $8.47 per share. Seaport Res Ptn also issued estimates for PPG Industries’ Q4 2025 earnings at $1.95 EPS and FY2025 earnings at $9.38 EPS.

Several other equities research analysts also recently weighed in on the company. BMO Capital Markets cut their price target on PPG Industries from $168.00 to $165.00 and set an “outperform” rating on the stock in a research report on Tuesday. Redburn Atlantic cut PPG Industries from a “buy” rating to a “neutral” rating and set a $160.00 price target for the company. in a research report on Thursday, February 1st. UBS Group lowered their price objective on PPG Industries from $156.00 to $150.00 and set a “neutral” rating on the stock in a research report on Friday, April 19th. Deutsche Bank Aktiengesellschaft cut their target price on shares of PPG Industries from $160.00 to $155.00 and set a “buy” rating for the company in a report on Monday. Finally, Wells Fargo & Company raised shares of PPG Industries from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $150.00 to $163.00 in a report on Thursday, April 11th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $155.47.

PPG Industries Trading Up 0.1 %

Shares of PPG Industries stock opened at $130.52 on Wednesday. The stock has a market cap of $30.61 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 1.57 and a beta of 1.28. The firm has a fifty day moving average price of $139.81 and a 200 day moving average price of $138.91. PPG Industries has a 1 year low of $120.32 and a 1 year high of $152.89. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.55 and a quick ratio of 1.05.

PPG Industries (NYSE:PPG) last posted its quarterly earnings results on Friday, April 19th. The specialty chemicals company reported $1.86 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.86. The company had revenue of $4.31 billion during the quarter, compared to analyst estimates of $4.43 billion. PPG Industries had a net margin of 7.74% and a return on equity of 22.98%. PPG Industries’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period last year, the firm posted $1.82 EPS.

Institutional Trading of PPG Industries

Several large investors have recently bought and sold shares of PPG. Vanguard Group Inc. increased its stake in shares of PPG Industries by 17.2% in the 4th quarter. Vanguard Group Inc. now owns 24,480,664 shares of the specialty chemicals company’s stock worth $3,661,083,000 after acquiring an additional 3,600,558 shares during the last quarter. Norges Bank acquired a new stake in PPG Industries during the fourth quarter worth about $554,685,000. Invesco Ltd. increased its position in PPG Industries by 41.1% during the third quarter. Invesco Ltd. now owns 3,294,142 shares of the specialty chemicals company’s stock worth $427,580,000 after purchasing an additional 959,849 shares during the last quarter. Morgan Stanley raised its stake in PPG Industries by 12.4% during the third quarter. Morgan Stanley now owns 3,102,602 shares of the specialty chemicals company’s stock worth $402,718,000 after purchasing an additional 341,977 shares during the period. Finally, Putnam Investments LLC grew its stake in shares of PPG Industries by 3.1% in the 4th quarter. Putnam Investments LLC now owns 2,659,974 shares of the specialty chemicals company’s stock valued at $397,799,000 after buying an additional 81,200 shares during the period. Hedge funds and other institutional investors own 81.86% of the company’s stock.

Insider Buying and Selling at PPG Industries

In other PPG Industries news, CFO Vincent J. Morales sold 3,400 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $140.94, for a total value of $479,196.00. Following the transaction, the chief financial officer now owns 28,439 shares in the company, valued at approximately $4,008,192.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.56% of the company’s stock.

PPG Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 12th. Shareholders of record on Friday, May 10th will be paid a dividend of $0.65 per share. The ex-dividend date is Thursday, May 9th. This represents a $2.60 annualized dividend and a yield of 1.99%. PPG Industries’s dividend payout ratio (DPR) is currently 43.92%.

PPG Industries announced that its Board of Directors has initiated a share buyback program on Thursday, April 18th that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the specialty chemicals company to reacquire up to 8.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

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.