Analysts Set Expectations for PPG Industries Q1 Earnings

PPG Industries, Inc. (NYSE:PPG) – Analysts at Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for shares of PPG Industries in a note issued to investors on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison expects that the specialty chemicals company will post earnings of $1.84 per share for the quarter. The consensus estimate for PPG Industries’ current full-year earnings is $8.15 per share. Seaport Res Ptn also issued estimates for PPG Industries’ Q2 2025 earnings at $2.58 EPS, Q3 2025 earnings at $2.28 EPS, Q4 2025 earnings at $1.81 EPS, FY2025 earnings at $8.50 EPS and FY2026 earnings at $9.50 EPS.

A number of other equities research analysts also recently issued reports on PPG. BMO Capital Markets restated an “outperform” rating and set a $155.00 price target (down from $160.00) on shares of PPG Industries in a research note on Monday, October 21st. StockNews.com downgraded PPG Industries from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 20th. Deutsche Bank Aktiengesellschaft cut their price target on PPG Industries from $150.00 to $145.00 and set a “buy” rating for the company in a research note on Thursday, December 19th. Citigroup cut their price objective on PPG Industries from $150.00 to $145.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th. Finally, Mizuho cut their price objective on PPG Industries from $160.00 to $150.00 and set an “outperform” rating for the company in a research note on Thursday, October 17th. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $149.23.

PPG Industries Price Performance

Shares of NYSE:PPG opened at $123.52 on Friday. PPG Industries has a fifty-two week low of $113.00 and a fifty-two week high of $145.60. The business has a 50-day simple moving average of $121.17 and a two-hundred day simple moving average of $124.74. 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 firm has a market cap of $28.66 billion, a price-to-earnings ratio of 19.58, a price-to-earnings-growth ratio of 1.93 and a beta of 1.24.

PPG Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, February 21st will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend is Friday, February 21st. PPG Industries’s payout ratio is 43.11%.

Insider Transactions at PPG Industries

In other news, VP Anne M. Foulkes sold 1,985 shares of the stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $125.80, for a total transaction of $249,713.00. Following the transaction, the vice president now owns 13,454 shares of the company’s stock, valued at approximately $1,692,513.20. This represents a 12.86 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.55% of the company’s stock.

Hedge Funds Weigh In On PPG Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in PPG. AE Wealth Management LLC grew its position in shares of PPG Industries by 60.8% during the 2nd quarter. AE Wealth Management LLC now owns 2,880 shares of the specialty chemicals company’s stock worth $363,000 after buying an additional 1,089 shares in the last quarter. Sei Investments Co. boosted its position in PPG Industries by 0.5% during the second quarter. Sei Investments Co. now owns 61,957 shares of the specialty chemicals company’s stock valued at $7,800,000 after purchasing an additional 309 shares in the last quarter. Frank Rimerman Advisors LLC boosted its position in PPG Industries by 10,362.5% during the second quarter. Frank Rimerman Advisors LLC now owns 1,674 shares of the specialty chemicals company’s stock valued at $211,000 after purchasing an additional 1,658 shares in the last quarter. Public Sector Pension Investment Board boosted its position in PPG Industries by 73.3% during the second quarter. Public Sector Pension Investment Board now owns 9,038 shares of the specialty chemicals company’s stock valued at $1,138,000 after purchasing an additional 3,824 shares in the last quarter. Finally, Evergreen Capital Management LLC boosted its position in PPG Industries by 4.0% during the second quarter. Evergreen Capital Management LLC now owns 5,208 shares of the specialty chemicals company’s stock valued at $656,000 after purchasing an additional 198 shares in the last quarter. Institutional investors own 81.86% of the company’s stock.

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.