$PPG

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.

Hefel Juliane M. (Sr. VP, Ind Coatings & Sp Prod) purchased 13 shares of PPG INDUSTRIES INC (PPG) at an average of $105.31 ($104.78–$106.89) across 2 trades on 2026-09-11.

Analysts initiated coverage on five companies: Keybanc rated PPG Industries (PPG) Overweight with a $133 target, Bernstein rated Shopify (SHOP) Outperform with a $160 target, Mizuho rated Chesapeake Utilities (CPK) Outperform with a $150 target, Piper Sandler rated Global Payments (GPN) Neutral with a $101 target, and JP Morgan rated Dianthus Therapeutics (DNTH) Overweight with a $135 target. All stocks closed lower than their respective targets on Thursday.

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.

PPG Industries (PPG) launched its PPG ONE RANGE marine coatings at SMM 2026, featuring a 10% discount. The company's stock is at $112.53, with a YTD return of 7.84% and a 1-year return of 3.54%. Analysts suggest it's 10.3% undervalued with a fair value of $125.50, citing growth in Aerospace and Marine Coatings segments. However, risks include raw material inflation and weaker demand in housing and auto sectors.

PPG Industries launched the ONE RANGE portfolio of marine coatings at SMM 2026, featuring five one-component solutions for simplified maintenance. The portfolio includes waterborne, alkyd, and polyurethane technologies. PPG also previewed the POWERPACK application tool. In Q2, PPG's Performance Coatings segment saw net sales rise 7% YoY to $1.62B. PPG shares gained 0.7% in the past year, outperforming the industry's 0.8% decline.

PPG (NYSE: PPG) launched the PPG ONE RANGE portfolio of five one-component marine coatings at SMM 2026, designed to simplify onboard maintenance. The portfolio includes waterborne, alkyd, and polyurethane technologies. PPG also previewed the PPG POWERPACK application tool, a portable, battery-powered system for improved application efficiency. The company reported net sales of $15.9 billion in 2025.

PPG Industries (PPG) reshaped its senior leadership, appointing three executives to expanded roles overseeing Industrial, Performance, and Global Architectural Coatings. The changes aim to improve cross-segment coordination. PPG projects $17.8B revenue and $1.9B earnings by 2029, with a share repurchase program retiring 8.5M shares for $956.7M since 2024. Investors should watch margin pressure in Industrial Coatings and currency exposure in Global Architectural Coatings.

PPG has appointed Chancey Hagerty to lead its Performance Coatings segment, adding oversight of aerospace, protective, marine, and traffic solutions to his existing automotive refinish role. Alisha Bellezza will head the Industrial Coatings segment, including industrial, packaging, and specialty products. The changes are effective September 1.

Bank of America reports that oil prices now explain 35% of daily share-price fluctuations for LyondellBasell (LYB), Dow (DOW), and CF Industries (CF), up from 12% before the conflict in the Strait of Hormuz. The disruption has also affected paint stocks like Sherwin-Williams (SHW), with oil prices now explaining 39% of its daily moves. BofA sees investment opportunities in Axalta (AXTA), Ecolab (ECL), PPG (PPG), and RPM (RPM), citing potential margin improvements.