Analysts Set Earnings Expectations for PPG Industries in Q1 2025

Equities research analysts from Seaport Res Ptn recently provided their earnings estimates for PPG Industries, Inc. (NYSE: PPG). On January 22nd, the analysts forecasted that the specialty chemicals company would report earnings per share (EPS) of $1.84 for the first quarter of 2025. For the current fiscal year, the consensus estimate for PPG Industries' earnings is $8.15 per share.

In addition to the Q1 estimate, Seaport Res Ptn analysts have also projected the following earnings for PPG Industries in upcoming quarters: Q2 2025 at $2.58 EPS, Q3 2025 at $2.28 EPS, Q4 2025 at $1.81 EPS, with a full-year estimate for FY2025 of $8.50 EPS and FY2026 at $9.50 EPS.

Research Analysts' Outlook

Other research firms have recently commented on PPG Industries. Deutsche Bank Aktiengesellschaft reduced their target price for PPG shares from $150.00 to $145.00 while maintaining a "buy" rating. Similarly, BMO Capital Markets reaffirmed an "outperform" rating but adjusted their target price down to $155.00 from $160.00.

Royal Bank of Canada also lowered their target price to $136.00 from $138.00 and maintained a "sector perform" rating. Meanwhile, KeyCorp lowered their rating from "strong-buy" to "hold," while JPMorgan Chase & Co. revised their target price from $155.00 to $145.00, retaining an "overweight" rating.

According to data from MarketBeat.com, PPG Industries has been given a "Moderate Buy" rating on average, with a consensus price target of $149.23. Out of several equity analysts, seven have rated the stock as a hold and nine analysts have assigned it a buy rating.

Current Trading Performance

On the trading front, PPG Industries shares opened at $123.52 recently. The company boasts a market capitalization of approximately $28.66 billion, with a PE ratio of 19.58 and a price-to-earnings-growth ratio of 1.93. Over the past year, PPG's stock has seen a low of $113.00 and a high of $145.60. Its 50-day moving average is around $121.17, while the 200-day moving average is $124.74.

Institutional Investments

Several large investors have adjusted their positions in PPG Industries recently. For instance, Legend Financial Advisors Inc. made a new addition to their holdings in the company worth approximately $27,000 in the fourth quarter. Meanwhile, Pin Oak Investment Advisors Inc. significantly increased their stake by 465.1% in the third quarter, now owning 243 shares valued at around $32,000.

Other institutional investors have also reported new positions in PPG Industries, indicating a growing interest among large investors. As of now, institutional holders own 81.86% of the company's stock.

Insider Trading Activity

In terms of insider trading, Vice President Anne M. Foulkes sold 1,985 shares of PPG stock in a transaction on October 31st, with an average sale price of $125.80, generating approximately $249,713. The sale represents a 12.86% reduction in her overall holdings, which currently stands at 13,454 shares worth around $1,692,513.20.

PPG Industries Dividend Details

PPG Industries also announced their upcoming quarterly dividend of $0.68 per share, which is scheduled to be paid on March 27th. Shareholders recorded as of February 21st will be eligible for this dividend, reflecting an annualized payout of $2.72 and a yield of 2.20%. The company’s current dividend payout ratio is noted at 43.11%.

Company Overview

PPG Industries specializes in the manufacture and distribution of paints, coatings, and specialty materials across the globe, including operations in North America, Europe, Asia Pacific, Latin America, and the Middle East. The company primarily operates through two segments: Performance Coatings and Industrial Coatings.

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