Q3 EPS Estimates for PPG Industries Cut by Zacks Research

PPG Industries, Inc. (NYSE:PPG) – Investment analysts at Zacks Research cut their Q3 2025 earnings per share (EPS) estimates for shares of PPG Industries in a research note issued on Wednesday, February 12th. Zacks Research analyst R. Department now forecasts that the specialty chemicals company will post earnings per share of $2.30 for the quarter, down from their previous forecast of $2.39. The consensus estimate for PPG Industries’ current full-year earnings is $7.96 per share. Zacks Research also issued estimates for PPG Industries’ Q2 2026 earnings at $2.77 EPS.

PPG Industries (NYSE:PPG) last announced its earnings results on Thursday, January 30th. The specialty chemicals company reported $1.61 EPS for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.04). PPG Industries had a return on equity of 23.78% and a net margin of 6.41%.

A number of other brokerages have also recently commented on PPG. StockNews.com cut PPG Industries from a “buy” rating to a “hold” rating in a report on Monday, February 3rd. UBS Group dropped their target price on PPG Industries from $128.00 to $126.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Barclays dropped their target price on PPG Industries from $144.00 to $125.00 and set an “equal weight” rating for the company in a report on Monday, February 3rd. JPMorgan Chase & Co. cut PPG Industries from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $145.00 to $115.00 in a report on Wednesday, February 12th. Finally, Mizuho cut their price objective on PPG Industries from $150.00 to $140.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $138.15.

PPG Industries Price Performance

Shares of PPG Industries stock opened at $119.26 on Monday. The stock has a market cap of $27.67 billion, a price-to-earnings ratio of 25.21, a price-to-earnings-growth ratio of 1.97 and a beta of 1.23. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.13 and a current ratio of 1.58. The stock has a 50 day moving average price of $118.84 and a 200-day moving average price of $123.36. PPG Industries has a one year low of $110.20 and a one year high of $145.60.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Focus Partners Advisor Solutions LLC increased its position in PPG Industries by 35.6% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 3,362 shares of the specialty chemicals company’s stock valued at $402,000 after purchasing an additional 882 shares during the period. CSS LLC IL purchased a new position in PPG Industries during the 4th quarter valued at about $527,000. Ames National Corp purchased a new position in PPG Industries during the 4th quarter valued at about $549,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in PPG Industries by 12.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,114,461 shares of the specialty chemicals company’s stock valued at $252,572,000 after purchasing an additional 237,291 shares during the period. Finally, Waverly Advisors LLC increased its position in PPG Industries by 45.2% during the 4th quarter. Waverly Advisors LLC now owns 2,581 shares of the specialty chemicals company’s stock valued at $308,000 after purchasing an additional 803 shares during the period. Hedge funds and other institutional investors own 81.86% of the company’s stock.

Insider Activity at PPG Industries

In other PPG Industries news, CEO Timothy M. Knavish sold 4,800 shares of the firm’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $118.35, for a total transaction of $568,080.00. Following the transaction, the chief executive officer now owns 35,833 shares of the company’s stock, valued at approximately $4,240,835.55. This trade represents a 11.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.55% of the stock is currently owned by company insiders.

PPG Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 21st will be issued a dividend of $0.68 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $2.72 dividend on an annualized basis and a yield of 2.28%. PPG Industries’s payout ratio is 57.51%.

About PPG Industries

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.