Seaport Res Ptn Forecasts Weaker Earnings for PPG Industries

PPG Industries, Inc. (NYSE:PPG) – Investment analysts at Seaport Res Ptn dropped their Q1 2025 earnings estimates for shares of PPG Industries in a report released on Monday, February 3rd. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will earn $1.54 per share for the quarter, down from their prior forecast of $1.84. The consensus estimate for PPG Industries’ current full-year earnings is $7.90 per share. Seaport Res Ptn also issued estimates for PPG Industries’ Q4 2025 earnings at $1.87 EPS and FY2026 earnings at $8.76 EPS.

A number of other equities analysts also recently commented on the stock. Barclays reduced their target price on shares of PPG Industries from $144.00 to $125.00 and set an “equal weight” rating for the company in a report on Monday, February 3rd. Wells Fargo & Company lowered their price objective on PPG Industries from $150.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. JPMorgan Chase & Co. decreased their price objective on PPG Industries from $155.00 to $145.00 and set an “overweight” rating on the stock in a report on Friday, October 18th. UBS Group cut their target price on PPG Industries from $128.00 to $126.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on PPG Industries from $150.00 to $145.00 and set a “buy” rating for the company in a research report on Thursday, December 19th. Seven analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, PPG Industries has an average rating of “Moderate Buy” and an average target price of $140.46.

PPG Industries Stock Down 0.9 %

NYSE:PPG opened at $114.87 on Thursday. PPG Industries has a twelve month low of $110.20 and a twelve month high of $145.60. The company has a market cap of $26.65 billion, a price-to-earnings ratio of 24.29, a price-to-earnings-growth ratio of 1.99 and a beta of 1.23. The stock has a fifty day simple moving average of $120.22 and a 200-day simple moving average of $123.94. The company has a current ratio of 1.58, a quick ratio of 1.13 and a debt-to-equity ratio of 0.77.

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

Institutional Trading of PPG Industries

Several hedge funds have recently made changes to their positions in the stock. Cooke & Bieler LP acquired a new stake in PPG Industries during the fourth quarter valued at $107,850,000. Raymond James Financial Inc. bought a new position in shares of PPG Industries in the fourth quarter worth about $82,071,000. State Street Corp increased its stake in PPG Industries by 4.4% during the third quarter. State Street Corp now owns 11,717,499 shares of the specialty chemicals company’s stock valued at $1,552,100,000 after acquiring an additional 491,774 shares during the period. Wellington Management Group LLP increased its stake in PPG Industries by 5.7% during the third quarter. Wellington Management Group LLP now owns 8,977,010 shares of the specialty chemicals company’s stock valued at $1,189,095,000 after acquiring an additional 485,597 shares during the period. Finally, FMR LLC increased its stake in PPG Industries by 68.3% during the third quarter. FMR LLC now owns 873,902 shares of the specialty chemicals company’s stock valued at $115,757,000 after acquiring an additional 354,740 shares during the period. Institutional investors own 81.86% of the company’s stock.

PPG Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 21st will be issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Friday, February 21st. PPG Industries’s dividend payout ratio is currently 57.51%.

PPG Industries Company Profile

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.