Rep. Lloyd Doggett Acquires PPG Industries, Inc. (NYSE:PPG) Shares

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of PPG Industries, Inc. (NYSE:PPG). In a filing disclosed on July 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in PPG Industries stock on June 12th.

Representative Lloyd Doggett also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 6/18/2026.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 6/10/2026.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/9/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 5/15/2026.

PPG Industries Price Performance

Shares of NYSE:PPG opened at $120.19 on Wednesday. The company’s fifty day moving average price is $113.60 and its 200-day moving average price is $112.22. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.61 and a quick ratio of 1.17. The firm has a market capitalization of $26.79 billion, a price-to-earnings ratio of 17.15, a PEG ratio of 1.81 and a beta of 1.05. PPG Industries, Inc. 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, April 28th. The specialty chemicals company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.05. PPG Industries had a net margin of 9.83% and a return on equity of 21.68%. The company had revenue of $3.93 billion during the quarter, compared to analyst estimates of $3.85 billion. During the same period in the previous year, the business earned $1.72 earnings per share. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, equities research analysts anticipate that PPG Industries, Inc. will post 7.93 earnings per share for the current fiscal year.

PPG Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Monday, May 11th were paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Monday, May 11th. PPG Industries’s payout ratio is currently 40.51%.

Institutional Investors Weigh In On PPG Industries

Large investors have recently made changes to their positions in the business. Dorato Capital Management purchased a new position in PPG Industries during the 4th quarter valued at $26,000. Resources Management Corp CT ADV boosted its stake in shares of PPG Industries by 900.0% during the 4th quarter. Resources Management Corp CT ADV now owns 250 shares of the specialty chemicals company’s stock valued at $26,000 after purchasing an additional 225 shares in the last quarter. Quarry LP purchased a new position in shares of PPG Industries during the third quarter valued at about $26,000. Aster Capital Management DIFC Ltd purchased a new position in shares of PPG Industries during the fourth quarter valued at about $30,000. Finally, Essential Partners LLC raised its stake in PPG Industries by 59.3% in the first quarter. Essential Partners LLC now owns 301 shares of the specialty chemicals company’s stock worth $32,000 after buying an additional 112 shares in the last quarter. 81.86% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on PPG shares. The Goldman Sachs Group decreased their price target on shares of PPG Industries from $134.00 to $130.00 in a research note on Friday, May 1st. Citigroup increased their target price on shares of PPG Industries from $114.00 to $125.00 and gave the company a “neutral” rating in a report on Wednesday, June 24th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $119.00 price target on shares of PPG Industries in a research note on Wednesday, June 10th. JPMorgan Chase & Co. cut their price target on shares of PPG Industries from $126.00 to $125.00 in a research report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on PPG Industries from $120.00 to $130.00 in a report on Friday, March 27th. Six investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $124.27.

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

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.