PPG Industries Q3 EPS Estimate Decreased by Zacks Research

PPG Industries, Inc. (NYSE:PPG) – Analysts at Zacks Research lowered their Q3 2026 earnings estimates for PPG Industries in a research report issued to clients and investors on Tuesday, August 11th. Zacks Research analyst Team now expects that the specialty chemicals company will earn $2.13 per share for the quarter, down from their previous forecast of $2.15. The consensus estimate for PPG Industries’ current full-year earnings is $7.89 per share. Zacks Research also issued estimates for PPG Industries’ Q4 2026 earnings at $1.69 EPS, FY2026 earnings at $7.88 EPS, Q1 2027 earnings at $1.86 EPS, Q2 2027 earnings at $2.41 EPS, Q3 2027 earnings at $2.39 EPS, Q4 2027 earnings at $2.02 EPS, FY2027 earnings at $8.67 EPS, Q1 2028 earnings at $2.10 EPS, Q2 2028 earnings at $2.76 EPS and FY2028 earnings at $9.34 EPS.

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. dropped their price target on shares of PPG Industries from $126.00 to $125.00 in a research report on Thursday, April 30th. Citigroup lowered their target price on shares of PPG Industries from $125.00 to $121.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Bank of America upgraded shares of PPG Industries from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $127.00 to $134.00 in a report on Friday, July 17th. BNP Paribas Exane boosted their target price on shares of PPG Industries from $115.00 to $116.00 in a research report on Thursday, April 30th. Finally, BMO Capital Markets decreased their price target on shares of PPG Industries from $140.00 to $138.00 and set an “outperform” rating for the company in a report on Monday, July 6th. Seven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $126.00.

PPG Industries Stock Up 0.6%

PPG opened at $116.13 on Wednesday. The firm has a market cap of $25.82 billion, a P/E ratio of 16.64, a price-to-earnings-growth ratio of 1.68 and a beta of 1.07. 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 business has a 50 day moving average price of $117.48 and a 200 day moving average price of $114.01. PPG Industries has a twelve month low of $93.39 and a twelve month high of $133.43.

PPG Industries (NYSE:PPG) last announced its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $2.23 earnings per share for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.02). The company had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.37 billion. PPG Industries had a return on equity of 21.07% and a net margin of 9.57%.PPG Industries’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm 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 will be paid on Friday, September 11th. Stockholders of record on Monday, August 10th will be paid a $0.74 dividend. The ex-dividend date is Monday, August 10th. This is a positive change from PPG Industries’s previous quarterly dividend of $0.71. This represents a $2.96 annualized dividend and a dividend yield of 2.5%. PPG Industries’s dividend payout ratio is 42.41%.

Hedge Funds Weigh In On PPG Industries

Institutional investors and hedge funds have recently bought and sold shares of the stock. Meeder Asset Management Inc. acquired a new stake in PPG Industries in the 2nd quarter worth $26,000. Keating Financial Advisory Services Inc. acquired a new position in shares of PPG Industries during the second quarter valued at about $28,000. Silvant Capital Management LLC acquired a new position in shares of PPG Industries during the second quarter valued at about $30,000. Quarry LP bought a new stake in shares of PPG Industries in the third quarter valued at about $26,000. Finally, Resources Management Corp CT ADV lifted its stake in shares of PPG Industries by 900.0% in the fourth quarter. Resources Management Corp CT ADV now owns 250 shares of the specialty chemicals company’s stock valued at $26,000 after buying an additional 225 shares during the period. Institutional investors own 81.86% of the company’s stock.

More PPG Industries News

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

• Positive Sentiment: Zacks raised its FY2027 EPS forecast to $8.67 from $8.54, and increased Q3 2027 EPS to $2.39 from $2.19. Analysts also lifted Q1 2027 EPS to $1.86 from $1.85, Q4 2027 EPS to $2.02 from $1.91, and Q1 2028 EPS to $2.10 from $2.08. These revisions indicate stronger anticipated earnings momentum beyond 2026. PPG Industries stock information
• Neutral Sentiment: Zacks maintained estimates for several periods, including Q3 2026 EPS at $2.13, Q2 2027 EPS at $2.41, and FY2028 EPS at $9.34. Its FY2026 forecast of $7.88 is essentially aligned with the $7.89 consensus estimate, suggesting no major change to the overall earnings outlook.
• Negative Sentiment: Analysts lowered Q3 2026 EPS to $2.13 from $2.15, Q4 2026 EPS to $1.69 from $1.73, FY2026 EPS to $7.88 from $7.93, Q2 2027 EPS to $2.41 from $2.59, and FY2028 EPS to $9.34 from $9.41. The cuts could reinforce concerns about near-term operating challenges and limit upside despite the longer-term upgrades.

PPG Industries Company Profile

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.