KeyCorp Predicts PPG Industries FY2026 Earnings

PPG Industries, Inc. (NYSE:PPG) – Equities research analysts at KeyCorp issued their FY2026 EPS estimates for PPG Industries in a research note issued on Thursday, September 10th. KeyCorp analyst S. Tiano anticipates that the specialty chemicals company will earn $7.90 per share for the year. KeyCorp has a “Overweight” rating and a $133.00 price objective on the stock. The consensus estimate for PPG Industries’ current full-year earnings is $7.89 per share.

PPG has been the topic of a number of other research reports. UBS Group cut their target price on PPG Industries from $130.00 to $125.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Wall Street Zen lowered PPG Industries from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Bank of America raised shares of PPG Industries from a “neutral” rating to a “buy” rating and upped their target price for the stock from $127.00 to $134.00 in a research note on Friday, July 17th. Weiss Ratings raised PPG Industries from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, June 17th. Finally, Royal Bank Of Canada lowered their price target on shares of PPG Industries from $129.00 to $122.00 and set a “sector perform” rating for the company in a report on Thursday, July 30th. Eight research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $126.44.

PPG Industries Stock Performance

Shares of PPG stock opened at $104.84 on Monday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.15 and a current ratio of 1.58. The firm has a market cap of $23.31 billion, a P/E ratio of 15.02, a P/E/G ratio of 1.71 and a beta of 1.07. The firm’s 50 day moving average price is $113.64 and its 200-day moving average price is $111.99. PPG Industries has a one year low of $93.39 and a one year high of $133.43.

PPG Industries (NYSE:PPG) last announced its earnings results on Tuesday, July 28th. The specialty chemicals company reported $2.23 earnings per share for the quarter, missing the consensus estimate of $2.25 by ($0.02). The company had revenue of $4.50 billion for the quarter, compared to analysts’ expectations of $4.37 billion. PPG Industries had a return on equity of 21.07% and a net margin of 9.57%.The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business earned $2.22 EPS. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS.

PPG Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Monday, August 10th were paid a $0.74 dividend. This is a boost from PPG Industries’s previous quarterly dividend of $0.71. This represents a $2.96 annualized dividend and a yield of 2.8%. The ex-dividend date was Monday, August 10th. PPG Industries’s payout ratio is currently 42.41%.

Institutional Trading of PPG Industries

Hedge funds and other institutional investors have recently made changes to their positions in the company. Archford Capital Strategies LLC purchased a new stake in shares of PPG Industries in the 2nd quarter valued at about $208,000. Engineers Gate Manager LP purchased a new position in PPG Industries during the 2nd quarter worth approximately $36,857,000. Cidel Asset Management Inc. grew its stake in PPG Industries by 10.2% during the 2nd quarter. Cidel Asset Management Inc. now owns 2,565 shares of the specialty chemicals company’s stock worth $311,000 after buying an additional 237 shares during the last quarter. Community Bank N.A. acquired a new position in PPG Industries during the second quarter worth approximately $28,000. Finally, Baird Financial Group Inc. lifted its stake in PPG Industries by 5.9% in the second quarter. Baird Financial Group Inc. now owns 103,156 shares of the specialty chemicals company’s stock valued at $12,512,000 after buying an additional 5,791 shares during the last quarter. Institutional investors and hedge funds own 81.86% of the company’s stock.

PPG Industries Company Profile

PPG Industries, Inc is a global manufacturer of paints, coatings and specialty materials. The company supplies protective and decorative coatings used in automotive, aerospace, industrial, marine, packaging and consumer applications. Its products are designed to protect surfaces, improve appearance and provide specialized performance characteristics such as corrosion resistance and durability.

PPG’s portfolio includes automotive refinish coatings, original-equipment automotive coatings, aerospace coatings, industrial and protective coatings, packaging coatings, and architectural paints and coatings.