PPG Industries, Inc. (PPG) Stock Price, News, Analysis

Technical Score (1D)

SELL

News Sentiment

MIXED

PPG Industries just announced a 6.5 % increase in its annual dividend, raising the payout to $2.96 and boosting the yield to 2.81 %, well above the Chemical‑Specialty industry average and the S&P 500. The higher dividend reflects the company’s recent earnings stability and signals confidence in continued cash flow generation. For traders, the stronger yield makes PPG more attractive to income‑focused investors, potentially increasing demand for the stock over the next week or two. The dividend hike also suggests that PPG’s management believes its coating business remains resilient, which could support future earnings growth. However, the announcement does not alter PPG’s earnings guidance, so the company’s quarterly results will still be the primary driver of price action. Watch for the upcoming earnings release to see whether the dividend increase is matched by a corresponding rise in net income or cash flow. Pay particular attention to any commentary on the coating segment’s performance, as that segment drives most of PPG’s revenue and profitability. Finally, monitor any updates on payout policy or capital allocation plans, as changes there could affect the sustainability of the higher dividend.

PPG|Analyst Targets

LOW TARGET

$115 +10.0%

2 analysts

MEAN TARGET

$126 +20.8%

21 analysts

HIGH TARGET

$138 +32.0%

9 analysts

PRICE RANGE

$115.00 - $138.00

SB / B / H / S / SS

4/11/15/1/1

DAILYIQ EST.

$127.25 (+21.7%)

PPG|Company Info

Sector

Basic Materials

Industry

Specialty Chemicals

Exchange

NYQ

Country

United States

Website

ppg.com

Symbol

PPG

Description

PPG Industries, Inc. is a global manufacturer and distributor of paints, coatings, and specialty materials, serving diverse industries across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The company operates through three primary segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings. PPG's value proposition lies in its comprehensive product portfolio, offering architectural paints, automotive coatings, aerospace sealants, and industrial finishes, among others. These products are utilized by contractors, consumers, and manufacturers in sectors like construction, automotive, aerospace, and packaging. With its origins dating back to 1883 and headquartered in Pittsburgh, Pennsylvania, PPG leverages its extensive product offerings to maintain a strong competitive position in the global coatings market.

PPG|Insider Trading

Bought (1Y)

11.539 shares

$1K

Sold (1Y)

0 shares

Bellezza AlishaSr. VP, Ind Coatings Segment

Award/Grant0.732 shares2026-09-15

Braun Kevin D.Sr VP, Operations

Award/Grant18.574 shares2026-09-15

Hagerty Chancey E.Sr. VP, Perf Coatings Segment

Award/Grant16.635 shares2026-09-15

Hefel Juliane M.Sr. VP, Ind Coatings & Sp Prod

Award/Grant2.106 shares2026-09-15

KNAVISH TIMOTHY MChairman and CEO

Award/Grant35.899 shares2026-09-15

PPG|Fundamentals

Bullish

Verdict: Bullish

✓Revenue growing year over year

✓Positive net margin

✓Positive operating cash flow

Net Margin

9.9%

Revenue CAGR

1.5%

Current Ratio

1.62x

Debt / Equity

0.92x

Return on Equity

19.8%

PPG|Earnings Snapshot

Earnings Summary

PPG Industries, Inc. is a global manufacturer and distributor of paints, coatings, and specialty materials, serving construction, automotive, aerospace, and packaging sectors through its Global Architectural, Performance, and Industrial Coatings segments. The company’s broad product portfolio positions it as a key player in the specialty chemicals space within the basic materials sector. In the most recent quarters, PPG reported Q4 2025 revenue of $3.914 billion, up from $3.814 billion in Q4 2024, while EPS fell to $1.51 from $1.61, missing the $1.709 estimate; Q1 2026 revenue rose to $3.93 billion versus $3.884 billion in Q1 2025, and EPS of $1.83 beat the $1.787 estimate, indicating a rebound in profitability after the Q4 dip. Over the past four quarters, revenue has trended upward, with Q2 2026 revenue reaching $4.495 billion, the highest in the series, and EPS hovering near analyst expectations, achieving a beat in Q1 2026 and a near miss in Q4 2025. Historically, PPG has maintained steady YoY revenue growth, with consistent beats in EPS during Q1 and Q2 of 2025, while Q4 2025 saw a modest miss, suggesting seasonal pressure or margin compression. Recent news highlights a 6.5% dividend increase to $2.96, underscoring management confidence in cash flow stability, and the company’s leadership in the aircraft transparencies market, which could provide incremental revenue as fleet replacement programs accelerate; the Global Coatings Innovation Center event in Tianjin showcased new digital tools and eco‑friendly coatings, signaling potential future margin enhancement. Investors should watch for the Q3 2026 earnings release to see if the dividend hike aligns with net income growth, monitor any new aerospace contracts that could lift the high‑margin transparency segment, and assess whether the digital and sustainability initiatives translate into measurable sales or margin gains in the next reporting period.

Read full report

EPS

EstBeatMiss

Qtr	Est	Actual	+/−
Q3'26	$2.14	-	-
Q2'26	$2.28	$2.23	-2.1%
Q1'26	$1.79	$1.83	+2.4%
Q4'25	$1.71	$1.51	-11.7%
Q3'25	$2.08	$2.13	+2.3%
Q2'25	$2.22	$2.22	-0.0%

Revenue

EstBeatMiss

Qtr	Est	Actual	+/−
Q3'26	$4.3B	-	-
Q2'26	$4.4B	$4.5B	+2.0%
Q1'26	$3.9B	$3.9B	+1.1%
Q4'25	$3.8B	$3.9B	+2.0%
Q3'25	-	$4.1B	-
Q2'25	-	$4.2B	-

Full Earnings BreakdownEstimates, actuals, guidance, and historical context

→

PPG|Monthly Returns

Market Data

PPG Stock Snapshot

SELL5/100

$104.52−$0.02 (0.0%)

Market cap: 23.23B
P/E ratio: 14.8
Day range: $103.70 – $105.10
News sentiment: 54/100 · Neutral
Analyst target: $126.29 (+20.8%)
Consensus: Hold · 32 analysts

52-week range+13.2% off low · -21.7% from high

$92.30$133.43

Price $104.52 DailyIQ Est. $127.25

Price action on PPG is defensive - rallies are being sold rather than extended. Institutional coverage is thorough here, so shifts in analyst expectations show up in price quickly.

Reverse DCF

What growth is priced into PPG?

RICH

At today's price, PPG Industries, Inc. needs to grow free cash flow about 7.3% a year for the next 10 years to justify its valuation at a 7.79% cost of capital. Over its actual history it has compounded free cash flow at 0.5% a year, so the market is asking for 6.8 percentage points above its own delivered rate. On that basis PPG looks priced above what its own growth record supports.

Implied FCF growth: 7.3%
Historical FCF CAGR: 0.5%
Growth gap: +6.8 pts
Verdict: RICH
Discount rate (WACC): 7.79%
Beta: 0.90

Behaviour On Record

What PPG's own history says about today's numbers

Realized volatility (21d): 20.4% 42nd pct
Below its peak: -42.7%
vs 200-day average: -6.5%
Up days (1y): 52%

PPG Industries, Inc. is currently running 20.4% annualised volatility over the last 21 sessions. Measured against PPG's own 13 years of daily returns rather than a market-wide average, that is the 42nd percentile — close to its own typical level, against a typical reading of 21.9%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

PPG is trading -42.7% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -21.4%, and the deepest was -44.7% in 2020. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits -6.5% from its 200-day moving average. Against every other day in its history, that gap ranks at the 23rd percentile — a narrower gap than it typically runs. Over the past year PPG closed higher on 52% of sessions, and it is currently 1 session into a falling streak.

On September specifically: over 13 years of records, PPG finished the month higher 3 of 13 times, with a median return of -3.7% and an average of -2.7%. Its strongest month historically has been November at +5.1% on average, its weakest September at -2.7%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: PPG has opened more than 2% away from the prior close in 103 of 3,267 sessions (3.2% of the time), with the largest gaps running +10.2% and -12.0%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

Across the last 3 dated reports on file, PPG moved an average of 4.2% in the session after earnings, closing higher 1 of those 3 times, with a median move of -2.0% and a largest of +7.8%.

All figures computed from 3,268 daily closes between 2013-09-20 and 2026-09-18, split-adjusted, recomputed daily. Percentiles are against PPG's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of PPG's sector?

PPG Industries, Inc. sits in the Materials sector, currently ranked 7th of 11 GICS sectors by relative-strength rotation score (lagging).

Sector rank: #7 of 11
Sector state: Lagging
Sector rotation score: 20

Options Market

What is the options market pricing for PPG?

CallsPuts

For PPG Industries, Inc.'s nearest expiry (2026-09-25, 5 days out), open interest is put-heavy, a defensive/bearish tilt (put/call ratio of 2.24), with at-the-money implied volatility around 47.9%. The options market is pricing roughly a ±6.1% move by that expiry — a range of about $102.88–$116.34.

Put/call ratio (2026-09-25): 2.24
ATM implied volatility: 47.9%
Total open interest: 589
Expected move by 2026-09-25: ±6.1% ($102.88–$116.34)

Analyst Rating Changes

Are analysts turning bullish or bearish on PPG?

Keybanc most recently initiated coverage on PPG Industries, Inc. to Overweight on Sep 11, 2026 with a price target of $133. Over the last 90 days, coverage has run 1 upgrade against 0 downgrades, a net bullish lean.

Latest action: Keybanc — Overweight
90-day upgrades: 1
90-day downgrades: 0
Net rating momentum: +1

Date	Firm	Action	Rating	Price target
Sep 11, 2026	Keybanc	Initiated	Overweight	$133
Jul 30, 2026	UBS	Maintained	Neutral	$130 → $125
Jul 30, 2026	Citigroup	Maintained	Neutral	$125 → $121
Jul 30, 2026	RBC Capital	Maintained	Sector Perform	$129 → $122
Jul 17, 2026	B of A Securities	Upgrade	Neutral → Buy	$127 → $134
Jul 8, 2026	RBC Capital	Maintained	Sector Perform	$119 → $129
Jul 6, 2026	BMO Capital	Maintained	Outperform	$140 → $138
Jul 1, 2026	Mizuho	Maintained	Outperform	$125 → $135
Jun 24, 2026	Citigroup	Maintained	Neutral	$114 → $125
Jun 15, 2026	BMO Capital	Maintained	Outperform	$135 → $140
Jun 10, 2026	RBC Capital	Reiterated	Sector Perform	$119
Apr 30, 2026	Citigroup	Maintained	Neutral	$113 → $114

PPG Competitive Positioning

PPG Industries, Inc. (PPG) is tracked alongside these names in Specialty Chemicals on DailyIQ — ranked by market cap, with today's move alongside.

PPGyou're herePPG Industries, Inc.$23.2B-0.02%
LINLinde plc$212.2B+0.30%
ECLEcolab Inc.$75.5B-0.11%
IFFInternational Flavors & Fragrances Inc.$21.2B-0.06%
LYBLyondellBasell Industries N.V.$20.0B-0.18%
DDDuPont de Nemours, Inc.$17.4B-0.77%

Held by These ETFs

PPG is a top holding in these ETFs tracked on DailyIQ — bar length shows portfolio weight.

News Sentiment Analysis

Sentiment gathered from recent headlines

54/100

Strong NegativeNeutralStrong Positive

MIXED

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles

What did this article say?

PPG Industries continues to attract income-focused investors with its steady dividend of $0.74 per share, translating to a 2.81% yield that outpaces the broader Chemical‑Specialty sector and the S&P 500. The company’s dividend policy underscores its commitment to returning cash to shareholders while maintaining robust earnings. Although the yield is modest, it positions PPG as a reliable income generator within the basic materials space. Investors should monitor the company’s earnings guidance and any changes to dividend policy that could signal shifts in cash flow stability.

What did this article say?

PPG Industries (PPG) has fallen 21.2% from its 52‑week high, trailing the Dow and prompting questions about its recent performance. The decline reflects broader market volatility and sector‑specific headwinds, rather than a fundamental shift in PPG’s business model or earnings outlook. Analysts note that the company’s diversified product mix and global footprint have historically buffered it from regional downturns, suggesting the dip may be temporary. Investors should monitor PPG’s quarterly guidance and any updates on its cost‑control initiatives to gauge whether the underperformance signals deeper issues.

What did this article say?

PPG Industries is highlighted as a leading player in the aircraft transparencies sector, which is projected to grow from $1.9 billion in 2025 to $4 billion by 2035. The expansion is driven by increased commercial and military aircraft production, fleet replacement programs, and modernization efforts. Technological advances in polycarbonate and acrylic laminates are raising demand for cockpit windshields, cabin windows, and other transparency systems. While the market outlook is positive, the article does not disclose any specific PPG financial guidance or contract wins, so the upside remains moderate.

What did this article say?

PPG hosted its Global Coatings Innovation Center event in Tianjin, China, to demonstrate advances in both Inside‑the‑Can and Outside‑the‑Can innovation strategies. The company highlighted new coatings, chemistries, and digital tools aimed at improving performance, productivity, and sustainability for customers. While the event underscores PPG’s commitment to customer‑centric solutions, it does not signal a material shift in earnings or guidance. Traders should note the emphasis on digital capabilities and application technologies as potential future revenue drivers.

What did this article say?

Keybanc has launched coverage on PPG, assigning an Overweight rating and setting a $133 price target. The analyst highlighted PPG’s strong market position and recent earnings momentum as key drivers. The rating upgrade signals confidence in PPG’s growth prospects and may support the stock’s valuation.

What did this article say?

PPG Industries unveiled its ONE RANGE portfolio of five one‑component marine coatings at the SMM 2026 trade fair, aiming to simplify fleet maintenance and reduce application complexity. The line includes waterborne, alkyd and polyurethane formulas that meet low‑VOC and low‑flame‑spread standards, while the accompanying POWERPACK tool offers a portable, battery‑powered application system. The launch signals PPG’s commitment to extending vessel lifecycles and improving crew productivity, potentially boosting demand for its Performance Coatings segment. Investors should monitor the product’s market uptake and any subsequent sales impact on the segment.

What did this article say?

PPG’s dividend policy remains a key draw for income-focused investors, with the company maintaining a robust payout that supports long‑term shareholder value. The firm’s recent guidance indicates continued revenue growth driven by its aerospace and automotive coatings segments, while cost‑control initiatives are expected to improve margins. Analysts note that PPG’s stable cash flow and disciplined capital allocation position it well to sustain dividends even amid cyclical demand swings. Investors should monitor the company’s quarterly earnings releases for updates on margin expansion and any adjustments to its dividend policy.

What did this article say?

PPG’s aerospace coatings business continues to provide a growth engine, offsetting weaker demand in the auto refinish and European markets. The company’s pricing strategy and cost‑cutting measures are expected to preserve profitability in the face of competitive pressure. While the auto sector remains a headwind, PPG’s diversified product mix and geographic reach help mitigate risk. Traders should watch for updates on aerospace order book growth and any shifts in auto refinish demand.

What did this article say?

PPG Industries’ stock has posted a negative five‑year return, prompting analysts to question whether current valuations are overly pessimistic. Discounted cash flow and market multiple analyses suggest the shares may be undervalued relative to long‑term cash flows, but the gap could reflect genuine risk. Investors are weighing whether the market’s discount is justified by structural challenges or simply a temporary mispricing.

What did this article say?

PPG Industries introduced its PPG ONE RANGE, a suite of five one-component marine coatings, alongside the PPG POWERPACK application tool at the SMM 2026 trade fair in Hamburg. The combination aims to streamline onboard maintenance, reduce VOC emissions, and meet low flame spread standards. By offering ready-to-use coatings with a portable, battery-powered applicator, PPG targets ship operators seeking cost-effective, compliant solutions. The launch signals a strategic push into the marine coatings segment, potentially expanding PPG’s market share and revenue streams. Investors should monitor early adoption rates and any subsequent sales growth in the marine division.

Technical Analysis

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Institutional & Hedge Fund Ownership

2 tracked managers · $742.87M combined position · 1 adding, 1 trimming, 0 unchanged (latest 13F filings)

Manager	Trend	Shares Held	% of Co.	Position Value	Filed
Geode Capital Management, LLC	▲ Buy	6,082,060	2.74%	$734.81M	2026-08-12
Neuberger Berman Group LLC	▼ Sell	66,454	0.03%	$8.06M	2026-08-13

Q2 2026 flow:38.6K sh bought ($4.66M)4.2K sh sold ($511.5K)net +34.4K sh (+$4.15M)

Congressional Trading Activity

9 disclosed trades · ~$72.0K est. traded value · 6 buys, 3 sells

Member	Chamber	State	Type	Amount	Traded	Filed
Lloyd Doggett	House	TX37	▲ Buy	$1K - $15K	2026-06-12	2026-07-06
Lloyd Doggett	House	TX37	▲ Buy	$1K - $15K	2026-03-12	2026-04-06
Lloyd Doggett	House	TX37	▲ Buy	$1K - $15K	2025-12-12	2026-01-02
Lloyd Doggett	House	TX37	▲ Buy	$1K - $15K	2025-06-12	2025-07-07
Rob Bresnahan	House	PA08	▼ Sell	$1K - $15K	2025-05-15	2025-06-09
Lloyd Doggett	House	TX37	▲ Buy	$1K - $15K	2025-03-12	2025-04-07
Julie Johnson	House	TX32	▼ Sell	$1K - $15K	2025-01-27	2025-02-12
Julie Johnson	House	TX32	▼ Sell	$1K - $15K	2025-01-13	2025-02-12
Lloyd Doggett	House	TX37	▲ Buy	$1K - $15K	2024-12-12	2025-01-08

PPG·PPG Industries, Inc.

EPS

Revenue

PPG Stock Snapshot

What growth is priced into PPG?

What PPG's own history says about today's numbers

Is money rotating into or out of PPG's sector?

What is the options market pricing for PPG?

Are analysts turning bullish or bearish on PPG?

PPG Competitive Positioning

Held by These ETFs

News Sentiment Analysis

Recent News Coverage

Technical Analysis

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News Sentiment Analysis

Recent News Coverage

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PPG·PPG Industries, Inc.

EPS

Revenue

PPG Stock Snapshot

What growth is priced into PPG?

What PPG's own history says about today's numbers

Is money rotating into or out of PPG's sector?

What is the options market pricing for PPG?

Are analysts turning bullish or bearish on PPG?

PPG Competitive Positioning

Held by These ETFs

News Sentiment Analysis

Recent News Coverage

Technical Analysis

Real-time indicators across multiple timeframes

Discover More

News Sentiment Analysis

Recent News Coverage

Technical Analysis

Real-time indicators across multiple timeframes

Discover More

Market Status

Recently Viewed

Portfolio

Email Alerts

Portfolio News

Economic Events

Earnings Events

Economic News