PPG Industries, Inc. (NYSE:PPG) to Post Q1 2025 Earnings of $2.09 Per Share, Seaport Res Ptn Forecasts

PPG Industries, Inc. (NYSE:PPG) – Equities research analysts at Seaport Res Ptn upped their Q1 2025 earnings per share estimates for PPG Industries in a research report issued to clients and investors on Monday, April 22nd. Seaport Res Ptn analyst M. Harrison now expects that the specialty chemicals company will post earnings of $2.09 per share for the quarter, up from their prior estimate of $2.06. Seaport Res Ptn currently has a “Buy” rating on the stock. The consensus estimate for PPG Industries’ current full-year earnings is $8.47 per share. Seaport Res Ptn also issued estimates for PPG Industries’ Q4 2025 earnings at $1.95 EPS and FY2025 earnings at $9.38 EPS.

PPG has been the subject of a number of other research reports. StockNews.com lowered PPG Industries from a “buy” rating to a “hold” rating in a report on Monday. Bank of America cut their target price on PPG Industries from $167.00 to $164.00 and set a “buy” rating on the stock in a research note on Monday. Evercore ISI lowered shares of PPG Industries from an “outperform” rating to an “in-line” rating and set a $152.00 price target for the company. in a research report on Monday. KeyCorp lowered their price target on shares of PPG Industries from $164.00 to $162.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Vertical Research upgraded shares of PPG Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, PPG Industries has a consensus rating of “Hold” and a consensus price target of $155.50.

PPG Industries Price Performance

Shares of PPG opened at $130.40 on Wednesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.05 and a current ratio of 1.55. The company has a 50 day moving average price of $140.00 and a 200-day moving average price of $138.97. PPG Industries has a fifty-two week low of $120.32 and a fifty-two week high of $152.89. The stock has a market capitalization of $30.58 billion, a PE ratio of 22.03, a PEG ratio of 1.57 and a beta of 1.28.

PPG Industries (NYSE:PPG) last announced its quarterly earnings results on Friday, April 19th. The specialty chemicals company reported $1.86 EPS for the quarter, meeting the consensus estimate of $1.86. PPG Industries had a return on equity of 22.98% and a net margin of 7.74%. The firm had revenue of $4.31 billion for the quarter, compared to analyst estimates of $4.43 billion. During the same quarter last year, the firm posted $1.82 earnings per share. The business’s revenue for the quarter was down 1.6% on a year-over-year basis.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Norges Bank purchased a new position in shares of PPG Industries in the 4th quarter valued at about $554,685,000. Vanguard Group Inc. grew its holdings in PPG Industries by 17.2% in the fourth quarter. Vanguard Group Inc. now owns 24,480,664 shares of the specialty chemicals company’s stock valued at $3,661,083,000 after purchasing an additional 3,600,558 shares during the period. Invesco Ltd. increased its position in shares of PPG Industries by 41.1% in the third quarter. Invesco Ltd. now owns 3,294,142 shares of the specialty chemicals company’s stock valued at $427,580,000 after buying an additional 959,849 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in shares of PPG Industries by 4,484.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 723,690 shares of the specialty chemicals company’s stock worth $108,228,000 after buying an additional 707,903 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in shares of PPG Industries during the 4th quarter valued at approximately $74,492,000. Institutional investors and hedge funds own 81.86% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Vincent J. Morales sold 3,400 shares of the firm’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $140.94, for a total transaction of $479,196.00. Following the sale, the chief financial officer now directly owns 28,439 shares of the company’s stock, valued at $4,008,192.66. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.56% of the stock is owned by insiders.

PPG Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 12th. Stockholders of record on Friday, May 10th will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Thursday, May 9th. PPG Industries’s dividend payout ratio (DPR) is currently 43.92%.

PPG Industries declared that its board has authorized a share buyback program on Thursday, April 18th that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the specialty chemicals company to purchase up to 8.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

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.