How PPG’s Expanded Cross‑Segment Leadership Structure Will Impact PPG Industries (PPG) Investors

PPG Industries reported Q2 adjusted EPS of $2.23, missing estimates, and revenue of $4.5B, beating forecasts. Shares fell 6% post-results. The company expects full-year adjusted EPS of $7.70-$8.10. Analysts rate PPG a 'Moderate Buy' with a mean price target of $126.28, implying 20.1% upside.

KeyBanc initiated coverage on PPG Industries (NYSE:PPG) with an Overweight rating and a $133.00 price target, citing undervaluation. The stock trades at a P/E of 15 and EV/EBITDA of 10.85. PPG reported Q2 2026 adjusted earnings of $2.23 per share, with revenue of $4.5 billion, beating expectations. The company has raised its dividend for 55 consecutive years and shows six quarters of organic growth.

Strategic Performance Drivers Achieved sixth consecutive quarter of organic sales growth, outpacing the industry by 300 basis points through systematic commercial and operational excellence. Successfully covered 90% of cost of goods sold inflation with proactive pricing actions, reaching a breakeven run rate one quarter ahead of previous commitments.

PPG INDUSTRIES INC (PPG) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99 2 exhibit99-2q2026earningsre.htm EX-99 Document Exhibit 99 News Media Contact: Greta Edgar Borza Corporate Communications +1-724-316-7552 edgar@ppg.com Investor Contact: Alex Lopez Investor Relations +1-412-434-3466 alejandrolopez@ppg.com investor.ppg.com PPG reports second

The U.S. approved a potential $24.3B sale of 48 Lockheed Martin F-35 fighter jets to Saudi Arabia, including engines and support equipment. The sale aims to bolster Saudi Arabia's defense capabilities and interoperability with U.S. forces, but faces objections from Israel. The deal is part of broader defense cooperation and Saudi Arabia's military modernization efforts under Vision 2030.

Victory Capital (VCTR) reported $356.469B in assets under management for August, up 3.3% from July, with ETF assets rising 12.4% to $23.474B. The company's second-quarter revenue was $435.4M with a 44.5% operating margin. However, the growth's durability depends on net inflows and fee economics, as market appreciation could have driven some gains.